IPO

A-1 Acid Limited IPO

BSE SME

Offer Date: Sep 25, 2018 - Oct 1, 2018

₹ 120000 /2000 Shares

IPO Details

25 Sep, 2018

Open Date

01 Oct, 2018

Close Date

08 Oct, 2018

Allotment Date

10 Oct, 2018

Listing Date

Issue Price

Rs 60/- Per Equity Share 

Face Value

Rs 10/- Per Equity Share 

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

Market Lot

2000 Shares (Rs 1,20,000/-)

Lead Manager

Guiness Corporate Advisors Private Limited

Issue Size

Fresh issue of 30,00,000 Equity Shares of Rs 10/- at a price of Rs 60/- per share aggregating to Rs 18.00 Cr

Retail Portion

N/A

Subscription

51,26,000 1.80 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved14,22,00014,22,00028,44,000
Day 1 - 25-09-181,96,000 0.14 x16,000 0.01 x2,12,000 0.08 x
Day 2 - 26-09-182,10,000 0.15 x64,000 0.05 x2,74,000 0.10 x
Day 3 - 27-09-186,22,000 0.44 x1,56,000 0.11 x7,78,000 0.27 x
Day 4 - 28-09-1813,40,000 0.94 x6,60,000 0.46 x20,00,000 0.70 x
Day 4 - 01-10-1833,66,000 2.37 x17,60,000 1.24 x51,26,000 1.80 x

Valuations

Earnings Per Share (EPS)

Rs 2.48/-

P/E Ratio

24.20

RoNW

17.98%

Net Asset Value (NAV as on 31.03.18)

Rs 32.08/-

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Salebhai Internet Limited5.56NA- (172.01)%0.46
Infibeam Incorporation Limited4.25129.693.27%836.72

- Promoter(s)


Company Promoter(s)

  1. Mr Harshadkumar Patel
  2. Mr Jitendra Patel

IPO - Issue Objectives

  1. Funding the Working Capital requirements of our Company. ( Rs 13.00 Cr )
  2. General corporate purposes. ( Rs 3.53 Cr )
  3. Issue Expenses. ( Rs 1.47 Cr )

IPO - FAQs

Ans. A-1 Acid Limited IPO is a SME IPO. The issue is priced at Rs 60/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Sep 25, 2018, and closes on Oct 1, 2018. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The A-1 Acid Limited IPO opens on Sep 25, 2018 and closes on Oct 1, 2018.

Ans. The size of A-1 Acid Limited IPO is Fresh issue of 30,00,000 Equity Shares of Rs 10/- at a price of Rs 60/- per share aggregating to Rs 18.00 Cr.

Ans. The IPO price band is set between Rs 60/- Per Equity Share .

Ans. To apply for A-1 Acid Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find A-1 Acid Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of A-1 Acid Limited IPO is Oct 8, 2018.

Ans. The A-1 Acid Limited IPO will be listed on Oct 10, 2018.

Ans. Follow the steps to check the allotment status for A-1 Acid Limited IPO here.