A1 Acid Ltd
Issue Analysis :
| Issue opens | Sept.25, 2018 |
| Issue Closes | Oct. 01, 2018 |
| Issue Price | Rs 60 |
| Lot Size | 2000 |
| Issue Size | 18 Cr |
| Lead Manager | Guiness Corporate Advisors Private Limited |
| Registrar | Cameo Corporate Services Ltd |
| Platform | BSE |
Company’s Snapshot :
A1 Acid is engaged in the business of trading of high quality industrial acid and Chemicals. The company offers a wide range of chemical products which find variety of applications in the industrial sector like chemical, textile, steel, aluminium, pesticides, fertilizers, intermediates, defence, metals and petro refineries. The company also provides transportation facilities to its customers through owned fleet of tankers. Currently, the registered and correspondence offices of the company are situated at Gujarat. It has two godowns/warehouses both are located at Gujarat and one branch office located at Rajasthan.
Object of the Issue:
The objects of the Issue are to:
- Working Capital Requirement
- General Corporate Purpose
- Issue Expenses
Financial Highlights :
| A1 Acid’s financial performance (in INR crore) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | ||
| Total revenue | 101.1 | 97.0 | 85.4 | 105.8 | 96.2 | |
| Total expenses | 100.5 | 96.9 | 84.1 | 101.3 | 92.3 | |
| Profit after tax | -0.12 | 0.13 | 0.92 | 3.00 | 2.48 | |
Company Promoters:
The Promoters of the Company is:
- Harshadkumar Patel
- Jitendra Patel
Contact Company Information:
A1 Acid Limited
Corporate House No. A-1, Shivalik Business Centre
B/h. Rajpath Club, S. G. Highway
Bodakdev, Ahmedabad -380059
Phone: +91 79-40091111
Email: cs@a1acid.com
Website: www.a1acid.com
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