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Action Construction Equipment

#5745

Rank

$1.08B

Marketcap

IN India

Country

Action Construction Equipment
Leadership team

Mr. Vijay Agarwal MBA (Chairman & MD)

Mr. Rajan Luthra (Chief Financial Officer)

Mr. Anil Kumar (Compliance Officer & Company Sec.)

Products/ Services
Construction, Manufacturing, Productivity Tools
Number of Employees
1,000 - 20,000
Headquarters
Palwal, Haryana, India
Established
1995
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
ACE.NS
Social Media
Overview
Location
Summary
Action Construction Equipment Limited manufactures and sells material handling and construction equipment primarily in India. The company operates through four segments: Cranes, Construction Equipment, Material Handling, and Agri Equipment. It offers concrete placing booms, crawler cranes, forklift trucks, backhoes and wheeled loaders, pick and carry cranes, mobile tower cranes, piling rigs, motor graders, tower cranes, vibratory rollers, truck mounted cranes, and warehousing equipment; and agriculture equipment, such as tractors, harvesters, balers, rotavators, etc., as well as other construction equipment. The company also rents tower cranes, motor graders, soil compacters, and tandem rollers. It serves various infrastructure construction, power projects, ports and shipyards, dams, metro rail, roads, mining, steel industry, engineering industry, railways, cement, petroleum, defense, chemicals and fertilizer plants, warehousing, logistics, and building construction sectors. The company was incorporated in 1995 and is headquartered in Palwal, India.
History

The company was established in 1995 in Faridabad, India by three brothers. ACE was listed on the National Stock Exchange (NSE) and BSE in November 2005, and raised over Rs. 33 crore through this Initial Public Offering. In 2007, ACE entered the Portuguese and North African markets and was the first Indian crane company to enter the European market. They completed their 100th mobile crane in April 2010.

Mission
To be an innovative, customer-focused and technology-driven organization that vies for the highest standards of accountable business practices for a better tomorrow.
Vision
To be an international leader in material handling and construction equipment manufacturing by building brands and products that drive customer delight, maximize value creation and ensure consistent long-term growth.
Key Team

Mr. Sorab Agarwal (Whole-Time Director)

Ms. Mona Agarwal (Whole-Time Director)

Ms. Surbhi Garg (Whole-Time Director)

Mr. Sanjay Kumar Nagar (Deputy Gen. Mang. of Human Resource and Admin.)

Mr. Vyom Agarwal (Head of Investor Relations)

Recognition and Awards
ACE has been awarded for 'Best Made in India' for Union Construction Equipment at the Global Make in India Awards 2020, as well as the 2019 MWI Award for Outstanding Growth in Crane Industry and Export Excellence Award. They have also been awarded with the prestigious Standard Chartered Bank Customer Excellence Award in the Financial and Professional Services Category in 2017 and 2018.
References

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Action Construction Equipment
Leadership team

Mr. Vijay Agarwal MBA (Chairman & MD)

Mr. Rajan Luthra (Chief Financial Officer)

Mr. Anil Kumar (Compliance Officer & Company Sec.)

Products/ Services
Construction, Manufacturing, Productivity Tools
Number of Employees
1,000 - 20,000
Headquarters
Palwal, Haryana, India
Established
1995
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
ACE.NS
Social Media