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A-1 Acid Ltd

Registered Office: A-1 Shivalik Business Center,Off S G Highway, Ahmedabad - 380059, Gujarat, India.
Phone : 91-79-40091111   Fax:
Email :  cs@a1acid.com  
Website :  www.a1acid.com

Public issue of 30,00,000 equity shares of a face value of Rs. 10.00 each (the "equity shares") of A-1 Acid Limited ("the company" or "aal" or "the issuer") for cash at a price of Rs. 60.00 per equity share (including a share premium of Rs. 50.00 per equity share) (the "issue price"), aggregating to Rs. 18 Crores ("the issue") of which 1,56,000 equity shares aggregating to Rs. 0.94 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 28,44,000 equity shares of face value of Rs.10.00 at an issue price of Rs. 60.00 each aggregating to Rs.17.06 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 30.00% and 28.44%, respectively of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs.10 each and the issue price is Rs.60.00 is 6.0 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Sep-18 01-Oct-18 60.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 18.00 Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer 18.00  
Post Issue Equity Share Capital 10.00  
Issue Price 60.00  

Projects

  • Funding of Working Capital Requirements of the company
  • General Corporate Purposes

Promoted By

Harshadkumar Patel

Jitendra Patel

Listing At

BSE - SME

Registrar to the Issue

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