About the Company:
A-1 ACID ltd is engaged in the business of trading of high quality industrial acid and Chemicals.
They offer a wide range of chemical products which finds variety of applications in the industrial sector like chemical, textile, steel and aluminium. Company also provide transportation facilities to customers through company owned fleet of tankers.
Some frequently traded products include Nitric, Acid, Hydrochloric Acid, and Sulphuric Acid etc.
Our products are marketed and sold in the states of Gujarat, Maharashtra, Telangana, Jharkhand, Haryana, Karnataka, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh.
Company procures the products from the suppliers including companies like Gujarat State Fertilizers & Chemicals Limited (GSFC), Gujarat Narmada Valley Fertilizers Company Limited (GNFC), Hindalco Industries and is made available to the customer
Company has also entered into the agreement/understanding with Gujarat State Fertilizers & Chemicals Limited for selling Sulphuric Acid, with Hindalco Industries Ltd and Gujarat Narmada Valley Fertilizers Company Ltd as an authorised dealer.
- Mr. Harashadkumar Patel (Designation: Chairman & Managing Director)
- Mr. Jitendra Patel (Designation: Whole time Director)
- Mr. Utkarsh Patel (Designation: Designation: Whole time Director)
Objectives of the Issue:
- Funding of working capital requirements of the Company.
- General Corporate Purpose.
- Issue Expenses.
Peer Group Comparison:
We believe that there are no listed Companies in India which are engaged in business similar to A-1 ACID Ltd. Hence we cannot make any Comparison.
Financials of the Company:
|(in Crores)||FY 14||FY 15||FY 16||FY 17||FY 18|
|Issue Opens on||25th September 2018|
|Issue Closes on:.||1st October 2018|
|Minimum Lot||2000 Shares|
|Issue Size||Rs.18 cr|
|Market Cap||Rs.60 cr|
|Listing at||BSE SME|
|Equity Shares Offered (Fresh)||30,00,000|
|Equity Shares Prior||70,00,000|
|Equity Shares after the issue||1,00,00,000|
IPO Valuation Parameters:
|Earnings Per Share (EPS)||Price To Earnings ratio (PE)||Return on Net Worth (RoNW)||Net Asset Value (NAV)|
Knowledge Corner: (Click on the Link)
|Company Contact Info:|
|A-1 ACID LIMITED
Corporate House No. A-1, Shivalik Business Centre, B/h.
Rajpath Club Road, S. G. Highway, Bodakdev, Ahmedabad,
Gujarat, India – 380059
|IPO Registrar Info:|
|CAMEO CORPORATE SERVICES LIMITED
1 Club House Road, Chennai-600 002
Tel : +91-44-28460390;
Fax : +91-44-28460129;
|Lead Manager to the Issue:|
|GUINESS CORPORATE ADVISORS PRIVATE LIMITED
18, Deshapriya Park Road, Kolkata 700 026, West Bengal, India.
Telephone: +91 33 3001 5555
Facsimile: +91 33 3001 5531