| 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.
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