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A-1 Acid Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹60
Issue Price
₹60
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹60
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹120,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
25 Sep 2018
Tue Completed
Done
Close Date
01 Oct 2018
Mon Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
10 Oct 2018
Wed Completed
UPI Deadline: 01 Oct 2018
Issue Details
Pricing & Size
Issue Price
₹60 Face ₹10
Lot Size
2,000 shares
Min Investment
₹120,000
Total Issue Size
30,00,000 shares (aggregating up to ₹18.00 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,56,000 (5.20%)
QIB Portion
-
NII / HNI
14,22,000 (47.40%)
Retail
14,22,000 (47.40%)
Employee
-
Net Offer to Public
28,44,000 shares (aggregating up to ₹17.06 Cr)
Shareholding Pattern
Pre-Issue Shareholding
70,00,000 shares
Post-Issue Shareholding
1,00,00,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,20,000
HNI / NII 2 4,000 ₹2,40,000
Objects of Issue
3 objectives
1
1 Funding working capital requirements of the Company
13.00 Cr
2
2 General Corporate Purpose
3.53 Cr
3
3 Issue Expenses
1.48 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Oneview Corporate Advisors Pvt.Ltd.
Market Maker
Guiness Securities Ltd.
IPO Timeline
Open
25 Sep
✓ Done
Close
01 Oct
✓ Done
Allotment
TBA
Listing
10 Oct
✓ Done
Registrar Details
Cameo Corporate Services Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-44-28460390
Email
cameo@cameoindia.com
Company Contact
Email
cs@a1acid.com
Phone
+91-79-40091111
Address
Corporate House No. A-1, Shivalik Business Centre, B/h. Rajpath Club, S. G. Highway, Bodakdev Ahmedabad, Gujarat, 380059
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹60
Est. Listing
₹60
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
A-1 Acid Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹60
GMP
+₹0 (+0%)
GMP Est. Listing
₹60
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 14,22,000 (47.40%) ₹853.20 Cr
Retail Investors 14,22,000 (47.40%) ₹853.20 Cr
Total ** 30,00,000 (100.00%) ₹18,000.00 Cr
Market Maker * 1,56,000 (5.20%) ₹9.36 Cr
* Based on ₹60.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
14,22,000 (47.40%)
Retail
14,22,000 (47.40%)
Market Maker
1,56,000 (5.20%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Mar-1831-Mar-1731-Mar-16
Revenue9616.5010579.678539.29
PAT247.88300.0492.48
EBITDA
Net Worth
Total Assets3934.593765.292593.89
Reserves
Borrowings
About A-1 Acid Ltd.

Incorporated in 2004, Ahmedabad based A-1 Acid Limited is a company engaged in the business of trading of industrial acid and Chemicals. The company offers a wide range of chemical products used in different industries like aluminum, chemical, textile, steel, pesticides, fertilizers, defense, metals, and petrol refineries. It also provides transportation facilities to businesses through its fleet of tankers.

The products are marketed and sold in the states of Gujarat, Maharashtra, Jharkhand, Haryana, Odisha, Karnataka, Telangana, Madhya Pradesh, Rajasthan, and Uttar Pradesh.

A-1 Acid Limited has an agreement with Gujarat State Fertilizers & Chemicals Limited for selling Sulphuric Acid. It has also an agreement with Hindalco Industries Limited and Gujarat Narmada Valley Fertilizers Company Limited as an authorized dealer.

The company's two warehouses are located at Gujarat.

The total revenue of the Company stood at Rs. 9616.50 lakhs, Rs. 10579.67 lakhs, and Rs. 8539.29 lakhs for the fiscal years 2018, 2017 and 2016 respectively.

The PAT stood at Rs. 247.88 lakhs, Rs. 300.04 lakhs, and Rs. 92.48 lakhs for the fiscal years 2018, 2017 and 2016 respectively.

The company has employed one Managing Director, 7 fulltime employees, and 30 temporary laborers.

Frequently Asked Questions
What is the issue price of A-1 Acid Ltd. IPO?
The issue price of A-1 Acid Ltd. IPO is ₹60 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹120,000.
What are the IPO dates?
Opens 25 Sep 2018, closes 01 Oct 2018.
When is the listing date?
Tentative listing: 10 Oct 2018 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹60 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

A-1 Acid Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
10 Oct 2018
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹60
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹120,000
1 lot
Est. Listing
₹60
GMP +₹0
Key Dates
Open
25 Sep Done
Close
01 Oct Done
Listing
10 Oct Done
Registrar
Cameo Corporate Services Ltd.
A
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