A-1 Acid Ltd IPO

Closed

Subscription Details

  • Open Date 25 Sep
  • Close Date 01 Oct
  • Lot Size 2000
  • IPO Size ₹ 18 Cr
  • IPO Price Range ₹ 60
  • Min Investment ₹ 120000

A-1 Acid Ltd IPO Timeline

Open Date
25 Sep
Close Date
01 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of A-1 Acid Ltd IPO

Contact Information

Address

A-1 Shivalik Business Center,
Off S G Highway,
Ahmedabad, Gujarat 380059

A-1 Acid Ltd IPO Lead Manager

Guiness Corporate Advisors Pvt Ltd
Open Demat Account