Ace Furnaces Ltd.
SMEBSETBA
TBA
1 Shares
TBA
₹10
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding long-term working capital requirement of our Company | 120 |
| 2 | Re-payment or pre-payment, in full or in part, of all or a portion of certain | 40 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
Offered to Public
27,20,000
shares
About the Company
We are an engineering company engaged in the business of designing, engineering, manufacturing, supplying, installing, commissioning, modernizing and maintaining thermal processing systems which includes customised industrial furnaces, and related equipment for various industrial applications. Our industrial furnaces are primarily used for reheating and heat treatment of ferrous and non-ferrous metals and other metal components. The Company provides customized industrial heating and heat treatment solutions catering to the operational requirements of customers across diverse industries. The company offers a broad portfolio of industrial furnace systems, with its principal product categories comprising Bell Furnaces, Reheat Furnaces and HeatTreatment Furnaces and Soaking Pit Furnaces. (Source: D&B Report, September, 2026). The Products are designed and manufactured to meet specific industrial applications and customer requirements. Our furnaces are available in different configurations and capacities and are designed according to the technical requirements, production parameters and intended applications of our customers. We undertake activities across various stages of project execution, including understanding customer requirements, preparation of engineering designs, procurement of components and materials, fabrication and assembly, quality inspection, installation and commissioning. Our solutions are customised based on, among other factors, the type and dimensions of material to be processed, desired production capacity, operating temperature, heating medium, required furnace atmosphere, fuel efficiency and the configuration of the customer’s manufacturing facility.
Use of Proceeds
1.Funding long-term working capital requirement of our Company; and 2.Re-payment or pre-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company. 3.General Corporate Purpose
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IPO FAQs
The for the Ace Furnaces Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
Purva Shareregistry (India) Pvt Ltd is the for the Ace Furnaces Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — email busicomp@vsnl.com.
Ace Furnaces Ltd. IPO shares are proposed to be listed on BSE.
Each Ace Furnaces Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 100.00% of Ace Furnaces Ltd. before the IPO.
27,20,000 shares of Ace Furnaces Ltd. are being offered to the public in this issue.
- 1.Funding long-term working capital requirement of our Company
- 2.Re-payment or pre-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company
- 3.General Corporate Purpose
Beeline Capital Advisors Pvt Ltd. is the book running lead manager for the Ace Furnaces Ltd. IPO.
Pre-apply means placing your Ace Furnaces Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Ace Furnaces Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Ace Furnaces Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.