About
Basic Data Updated:
27 days agoThe manufacturing of material handling and construction equipment is carried out by Action Construction Equipment Limited. The company's range of products encompasses hydraulic mobile cranes, mobile and fixed tower cranes, lorry loader cranes, crawler cranes, backhoe and wheeled loaders, forklift trucks, tractors, combined harvesters, and rotavators. These products are utilized by various industries such as infrastructure, construction, roads, engineering, coal mines, chemical and fertilizer plants, power stations, ports, heavy project engineering, railways, cement, defense, and oil sectors. The company's manufacturing facilities, located at Ballabhgarh and Dhudholla in Faridabad (Haryana), are responsible for the production of these equipment. With a customer base of over 10,000, ACEL caters to prominent companies like Simplex Infrastructure Ltd, Larsen and Toubro Ltd, Gammon India Ltd, Reliance Industries Ltd, NCC Ltd, and NTPC Ltd.
Industry
Company Details
- Location
Faridabad, Haryana, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Action Construction Equipment Limited
Loading Machinery
Telescopic Cranes
Backhoe Loader
Heavy Duty Cranes
Financials of Action Construction Equipment Limited
Action Construction Equipment Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.51% increase. The company also saw a substantial improvement in profitability, with a 52.2% increase in profit. The company's net worth Soared by an impressive increase of 20.41%.
Corporate Structure
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People in Action Construction Equipment Limited
Unlock and access historical data on people associated with Action Construction Equipment, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
Rajan Luthra
CFOAppointment Date: 31-Jul-2014
Status: Current
VA
Vijay Agarwal Managing DirectorAppointment Date: 13-Jan-1995
Status: Current
AK
Anil Kumar Company SecretaryAppointment Date: 03-Jul-2017
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 25 Feb 2021 | ₹55.00 Cr | Open |
Citi Bank N.A. Creation Date: 07 May 2020 | ₹60.00 Cr | Open |
State Bank Of India Creation Date: 13 Mar 2014 | ₹156.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
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Active
43 years 7 months Vijay Agarwal, Mona Agarwal and 1 more are mutual person
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Recent activity within the organization
Charges
A charge with State Bank Of India of Rs. 156.00 cr registered on 13 Mar 2014 with Charge ID 10490528 was modified on 20 Feb 2024.
20 Feb 2024Charges
A charge with Others of Rs. 185.00 cr registered on 02 Jul 2005 with Charge ID 80002427 was modified on 16 Feb 2024.
16 Feb 2024Annual General Meeting
Action Construction Equipment Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.
25 Aug 2023Charges
A charge with Citi Bank N.A. of Rs. 60.00 cr registered on 07 May 2020 with Charge ID 100341417 was modified on 01 Aug 2023.
01 Aug 2023Charges
A charge with Others of Rs. 55.00 cr registered on 12 May 2012 with Charge ID 10358918 was modified on 17 Jul 2023.
17 Jul 2023
Recent News, Updates & Announcement
Action Construction Equipment rises 4 on 10 times jump in Q4 net profit.Moneycontrol 22 May 2018
- ACE wins the Bestseller in Mobile Cranes category at 5th Equipment India Awards.
Core Sector Communique 21 Feb 2018
- Action Construction Equipment Quarterly Results Action Construction Equipment Limited.
4-Traders 30 Jun 2017
- ACE Insurance Japan is Now Operational on eBaoTech.
EBaoTech 12 Jul 2011
Frequently asked questions
What is the Incorporation or founding date of Action Construction Equipment Limited?
