A-1 Acid Limited

Founded in 2004 and headquartered in Gujarat, India.

2004 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 22, 2024

A-1 Acid Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 11.50 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.05 Cr
  • Satisfied Charges ₹ 51.15 Cr
  • Revenue Growth 110.94%
  • Profit Growth 130.96%
  • Ebitda 135.74%
  • Net Worth 15.68%
  • Total Assets 30.61%

About A-1 Acid

A-1 Acid Limited (AAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 April 2004 and has a history of 20 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 542012.

The Corporate was formerly known as A-1 Acid Private Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 11.50 Cr.

The company currently has active open charges totaling ₹20.05 Cr. The company has closed loans amounting to ₹51.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at A-1 Acid Limited India are Nidhi Chokshi as COMPANY SECRETARY and Himanshu Thakkar as Cfo. Lajju Shah, Jitendra Patel, Harshadkumar Patel, and Six other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    a1acid.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24119GJ2004PLC044011

  • Company No.

    044011

  • Stock Symbol

    BSE : 542012

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 2004

  • Date of AGM

    28 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does A-1 Acid Limited offer?

A-1 Acid Limited offers a wide range of products and services, including Chemical Intermediates, Acetic Acid, Inorganic Acids, Nitric Acid, Sulphuric Acid.

Who are the key members and board of directors at A-1 Acid?

Executive Team (3)

NameDesignationAppointment DateStatus
Harshadkumar Patel Country flag representing In Managing Director22-Apr-2004Current
Nidhi Chokshi Country flag representing In Company Secretary10-Nov-2022Current
Himanshu Thakkar Country flag representing In CFO15-Feb-2018Current

Board Members (8)

NameDesignationAppointment DateStatus
Nitin Shah Country flag representing In Director 17-Feb-2020Current
Lajju Shah Country flag representing In Director 15-Dec-2017Current
Jitendra Patel Country flag representing In Whole-Time Director 22-Apr-2004Current
Chirag Shah Country flag representing In Director 15-Dec-2017Current
Utkarsh Patel Country flag representing In Whole-Time Director 30-Apr-2010Current
Suresh Dave Country flag representing In Director 27-Jan-2022Current

Financial Performance of A-1 Acid.

A-1 Acid Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 110.94% increase. The company also saw a substantial improvement in profitability, with a 130.96% increase in profit. The company's net worth Soared by an impressive increase of 15.68%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
110.94%
Revenue from Operations
113.78%
Total Assets
30.61%
Profit or Loss
130.96%
Net Worth
15.68%
EBITDA
135.74%

What is the Ownership and Shareholding Structure of A-1 Acid?

In 2023, A-1 Acid had a promoter holding of 70.03% and a public holding of 29.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.05 Cr

Satisfied Charges

₹51.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 11.80 Cr
  • Hdfc Bank Limited : 8.25 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2023Others₹10.00 CrOpen
29 Sep 2022Hdfc Bank Limited₹2.92 MOpen
20 Sep 2022Hdfc Bank Limited₹2.19 CrOpen
08 Mar 2022Hdfc Bank Limited₹3.68 CrOpen
25 Feb 2022Hdfc Bank Limited₹7.09 MOpen

How Many Employees Work at A-1 Acid?

Unlock and access historical data on people associated with A-1 Acid, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of A-1 Acid, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped A-1 Acid's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on A-1 Acid

Recent activity within the organization

  • Charges

    A charge registered on 25 Apr 2019 via Charge ID 100263119 with Others was fully satisfied on 03 Apr 2024.

    03 Apr 2024

  • Charges

    A charge registered on 18 Mar 2021 via Charge ID 100436907 with Others was fully satisfied on 21 Mar 2024.

    21 Mar 2024

  • Charges

    A charge registered on 16 Mar 2021 via Charge ID 100438665 with Others was fully satisfied on 21 Mar 2024.

    21 Mar 2024

  • Annual General Meeting

    A-1 Acid Limited last Annual general meeting of members was held on 28 Aug 2023 as per latest MCA records.

    28 Aug 2023

  • Charges

    A charge registered on 26 Mar 2019 via Charge ID 100253787 with Others was fully satisfied on 18 May 2023.

    18 May 2023

  • Charges

    A charge registered on 22 Mar 2019 via Charge ID 100253956 with Others was fully satisfied on 18 May 2023.

    18 May 2023

Frequently asked questions

  • A-1 Acid Limited was incorporated on 22 Apr 2004.

  • The authorized share capital of A-1 Acid Limited is ₹ 20.00 Cr and paid-up capital is ₹ 11.50 Cr.

  • Currently 11 directors are associated with A-1 Acid Limited.

    • Lajju Hemang Shah
    • Jitendra Naranbhai Patel
    • Harshadkumar Naranbhai Patel
    • Chirag Rajnikant Shah
    • Utkarsh Harshadkumar Patel
    • Suresh Somnath Dave
    • Krishna Utkarsh Patel
    • Nitin Rikhavbhai Shah
    • Shailesh Natverlal Thakkar
    • Nidhi Anjan Chokshi
    • Himanshu Sunil Thakkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of A-1 Acid Limited is Corporate House No. A-1 Shivalik Business Centre, B/H. Rajpath Club S. G. Highway Bodakdev, Ahmedabad, Gujarat, India, 380059.

  • The corporate identification number (CIN) of A-1 Acid Limited is L24119GJ2004PLC044011 and the company number is 044011 as per Ministry of Corporate Affairs (MCA).

  • Yes, A-1 Acid Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of A-1 Acid Limited is https://www.a1acid.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for A-1 Acid Limited has risen by 110.94%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of A-1 Acid Limited has experienced an upsurge of 15.68%.

  • As per the financial statements for fiscal Year 2022, The total open charges for A-1 Acid Limited amount to ₹ 20.05 Cr.

  • The most recent Balance Sheet for A-1 Acid Limited was filed with the ROC on 31 Mar 2023.

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