IPO DETAILS : A-1 Acid Ltd.
Corporate House No. A-1, Shivalik Business Centre, B/h. Rajpath Ahmedabad, Gujarat - 380059
Phone: 40091111

Public Issue of 3000000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 50.00 per share.

Issue Open DateIssue Closing DateApplication MoneyAllotment Money
25/09/201801/10/201860.00 -
Lead Managers Registrar Listed at
GUINESS CORPORATE ADVISORS PVT. LTD.
CAMEO CORPORATE SERVICES LTD.
Subramanian Building, No.1,
Club House Road ,
Chennai (Madras), Tamil Nadu - 600002
Phone: 28460390 Fax: 28460129
BSE
Object of the issue

The Objects of the Issue are:

1. Funding of working capital requirements of the Company,
2. General Corporate Purpose,
3. Issue Expenses.


Project Cost
(₹ in Crs.)
ISSUE EXPENSES1.48
WORKING CAPITAL REQUIREMENTS13.00
GENERAL CORPORATE EXPS.3.53
TOTAL COST18.00

Means of Finance
(₹ in Crs.)
PUBLIC ISSUES18.00
TOTAL COST18.00

Promoted by

The Promoters of the company are Mr. Harshadkumar Patel and Mr. Jitendra Patel

1. Mr. Harshadkumar Patel : his aged 49 years is the Chairman and Managing Director of the Company. He has completed his Diploma in Mechanical Engineering from B & B Polytechnic, Vallabh Vidhya Nagar, Gujarat. He has an experience of around 25 years and has been associated with the Company since incorporation with overall responsibility for acquisition of materials, marketing, management, and finance functions. He is a guiding force behind the strategic decisions of the Company. He has been designated as the Managing Director with effect from February 01, 2018 with enhanced responsibilities to grow the business of the Company in size and geographically.

Passport No: Z3317632

Driving License: GJ01-2008-0148925

Voters ID: UHH1590470

PAN: AAMPP9276F

Aadhar No. : 9507 9524 5813

Name of Bank: State Bank of India, Bopal, Ahmedabad, Gujarat

Bank Account No: 00000030660252908

2. Mr. Jitendra Patel : his aged 46 years, is the Whole time Director of the Company. He has completed First Year B.com from L.J. CC Collage, Gujarat University. He has an experience of around 22 years and has been associated with the Company since incorporation. He looks after finance, administration, marketing and operational activities in the company. He has been appointed as the Whole time Director with effect from February 01, 2018.

Passport No: K7588642

Driving License: GJ01-2010-0669981

Voters ID: UHH1590488

PAN: AAMPP9275G

Aadhar No. : 2944 2254 6774

Name of Bank: State Bank of India, Bopal, Ahmedabad, Gujarat

Bank Account No.: 00000030660253366