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A-1 Acid Ltd.

A-1 Acid Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹60
₹60
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹60
Based on GMP
Min. Investment
₹120,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
25 Sep 2018
Close Date
01 Oct 2018
Allotment
07 Oct 2018
Listing Date
10 Oct 2018
Exchange
BSE SME
Price Band
₹60
Listing Price
See chart
Allotment Status
Price Band
₹60
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
30,00,000 shares (aggregating up to ₹18.00 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹120,000
1 lot
Pre-IPO Holding
70,00,000 shares
Promoters
Post-IPO Holding
1,00,00,000 shares
Promoters
UPI Deadline
2018-10-01
Mandate
Anchor AllotmentMon, 24 Sep 2018
Basis of AllotmentSun, 07 Oct 2018
Refund InitiationMon, 08 Oct 2018
Demat CreditMon, 08 Oct 2018
Listing DayWed, 10 Oct 2018
UPI Mandate Deadline2018-10-01
Sale TypeFresh Capital
Net Offer to Public28,44,000 shares (aggregating up to ₹17.06 Cr)
Market Maker Quota1,56,000 shares (aggregating up to ₹0.9360 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
A-1 Acid Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Oct 2018.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
156,000
₹0.94
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,000,000
100% ₹18.00
IPO Shares Offered
A-1 Acid Ltd. IPO total issue size: ₹18.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 156,000 ₹0.94
5.20%
Total 3,000,000 ₹18.00
100.00%
* Based on upper price band ₹60 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹60.00
Upper Band
Min Investment
₹120,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹240,000
Retail (Max — 13 Lots)1326,000₹1,560,000
S-HNI (Min — 14 Lots)1428,000₹1,680,000
B-HNI (Min — 68 Lots)68136,000₹8,160,000
* Issue Price ₹60 × Lot Size 2,000 shares
IPO Schedule
Anchor
24 Sep 2018
✓ Done
IPO Open
25 Sep 2018
✓ Done
IPO Close
01 Oct 2018
✓ Done
Allotment
07 Oct 2018
✓ Done
Refunds
08 Oct 2018
✓ Done
Demat Credit
08 Oct 2018
✓ Done
Listing Day
10 Oct 2018
✓ Done
A-1 Acid Ltd. — Live Price LIVE
₹60.00
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Issue ₹60.00 Live Price
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.
Objects of the Issue
1
1 Funding working capital requirements of the Company
2
2 General Corporate Purpose
3
3 Issue Expenses
A-1 Acid Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹8,539.3
31-Mar-16
₹10,579.7
31-Mar-17
₹9,616.5
31-Mar-18
Profit After Tax (PAT)
₹92.5
31-Mar-16
₹300.0
31-Mar-17
₹247.9
31-Mar-18
Particulars31-Mar-1831-Mar-1731-Mar-16
Revenue from Operations 9616.50 10579.67 8539.29
EBITDA N/A N/A N/A
Profit After Tax (PAT) 247.88 300.04 92.48
Net Worth N/A N/A N/A
Total Assets 3934.59 3765.29 2593.89
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered30,00,000 (100.00%)
Net Offer to Public28,44,000 shares (aggregating up to ₹17.06 Cr)
Reserved for Market Maker1,56,000 shares (aggregating up to ₹0.9360 Cr)
Pre-Issue Promoter Holding70,00,000 shares
Post-Issue Promoter Holding1,00,00,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Oneview Corporate Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much A-1 Acid Ltd. IPO subscribed?

A-1 Acid Ltd. IPO is subscribed 1.00 times by Oct 01, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is A-1 Acid Ltd. IPO retail subscription status?

The A-1 Acid Ltd. IPO retail category is subscribed 1.00 times as of 01 Oct 2018. The retail portion is oversubscribed.

How to subscribe A-1 Acid Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 25 Sep 2018 and closes 01 Oct 2018. Min investment: ₹120,000 (1 lot = 2,000 shares). UPI mandate: 2018-10-01.

How many times A-1 Acid Ltd. IPO subscribed?

The A-1 Acid Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check A-1 Acid Ltd. IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd.) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Oct 2018. Refunds: on 08 Oct 2018.

When A-1 Acid Ltd. IPO will be listed?

The A-1 Acid Ltd. IPO listing date is 10 Oct 2018, Wednesday. Listed on: BSE SME. Issue price: ₹60. Estimated listing: ₹60. GMP: NIL.

When A-1 Acid Ltd. IPO close?

The A-1 Acid Ltd. IPO closes on 01 Oct 2018, Monday. UPI mandate: 2018-10-01. Allotment: 07 Oct 2018. Listing: 10 Oct 2018.