Ace Cranes

Delhi, India Founded: 1995 • Age: 31 yrs
Construction equipment is manufactured by Ace Cranes in Delhi, India.

About Ace Cranes

Ace Cranes is a company based in Delhi (India) founded in 1995 by Vijay Aggarwal.. The company has 5,590 employees as of March 31, 2024. Ace Cranes offers products and services including Mobile Cranes, Tower Cranes, Forklift Trucks, Backhoe Loaders, and Tractors.

  • Headquarter Delhi, India
  • Employees 5590 as on 31 Mar, 2024
  • Founders Vijay Aggarwal
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Action Construction Equipment Limited
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery
Key Metrics
  • Annual Revenue
    $389.19 M (USD)
    14.26
    as on Mar 31, 2025
  • Net Profit
    $47.87 M (USD)
    24.7
    as on Mar 31, 2025
  • EBITDA
    $59.34 M (USD)
    25.87
    as on Mar 31, 2025
  • Latest Funding Round
  • Investors
  • Employee Count
    5590

    as on Mar 31, 2024

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IPO & Listings of Ace Cranes

Ace Cranes is a publicly listed company on the NSE with ticker symbol ACE in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: ACE . Sector: Producer manufacturing · India

Products & Services of Ace Cranes

Ace Cranes offers a comprehensive portfolio of products and services, including Mobile Cranes, Tower Cranes, Forklift Trucks, Backhoe Loaders, and Tractors. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Equipment for lifting heavy loads in construction projects.

Cranes used for building tall structures and sites.

Vehicles for transporting and lifting materials in warehouses.

Machines for digging and loading in earthmoving tasks.

Vehicles for agricultural tasks like plowing and hauling.

People of Ace Cranes
Headcount 1000-5000
Employee Profiles 22
Board Members and Advisors 7
Employee Profiles
People
Thummalapalli Venktesh
Dy Manager
People
Mahipal Singh
Manager QA
People
Harpinder Singh
Area Sales Manager
People
Kuldeep Chhibber
Development Head

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Funding Insights of Ace Cranes

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Ace Cranes

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ace Cranes

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ace Cranes Comparisons

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Competitors of Ace Cranes

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ace Cranes

Frequently Asked Questions about Ace Cranes

When was Ace Cranes founded?

Ace Cranes was founded in 1995.

Where is Ace Cranes located?

Ace Cranes is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

How many employees does Ace Cranes have?

As of Mar 31, 2024, the latest employee count at Ace Cranes is 5,590.

What is the annual revenue of Ace Cranes?

Annual revenue of Ace Cranes is $389.19M as on Mar 31, 2025.

What does Ace Cranes do?

Ace Cranes was founded in 1995 in Delhi, India, with Vijay Aggarwal serving as Founder and Managing Director. Operations are focused on the manufacturing of construction equipment, including cranes and related machinery for industrial use. The company is headquartered in India, where production and assembly processes are handled. Services encompass equipment design, fabrication, and distribution within the construction sector. The domain ace-cranes.com is maintained for online information and inquiries.

What products or services does Ace Cranes offer?

Ace Cranes offers Mobile Cranes, Tower Cranes, Forklift Trucks, Backhoe Loaders, and Tractors.

Is Ace Cranes publicly traded?

Yes, Ace Cranes is publicly traded on NSE under the ticker symbol ACE.

What is Ace Cranes's ticker symbol?

The ticker symbol of Ace Cranes is ACE on NSE.

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