A-1 Limited (formerly A-1 Acid Limited) announced an increase in its partnership interest in A-1 Sureja Industries from 45% to 51%, strengthening its position in the electric vehicle (EV) manufacturing sector. This move represents a major diversification for the Ahmedabad-based company, traditionally known for its presence in chemical trading and logistics.
With the acquisition of an additional 6% stake, A-1 Limited has now become a majority partner in A-1 Sureja Industries, a manufacturer of battery-operated two-wheelers. The company aims to leverage this partnership to accelerate its transformation into a green and sustainable enterprise. This step also makes A-1 Limited one of India’s first listed chemical companies to directly invest in a certified EV manufacturing firm.
Headquartered in Ahmedabad, A-1 Sureja Industries currently has an estimated valuation of ₹100 crore and is poised for rapid growth with a projected CAGR exceeding 250%. Its flagship product, the ARAI-approved Hurry-E Electric Motorcycle, targets the ₹75,000-₹1.40 lakh price range, appealing to both daily commuters and fleet operators.
Founded on a 50-year legacy in industrial acids and chemical logistics, A-1 Limited has built a market capitalisation of approximately ₹1,200 crore. Its diversification into electric two-wheelers aligns with India’s accelerating transition towards sustainable transportation.
The EV market has grown at a 35% CAGR from FY 2020-25, surpassing 15,00,000 units, and is expected to reach over 50,00,000 units by FY 2028.
Read More:Best EV Stocks in India in November 2025 Based on 1 Year Return: BEL, Gabriel India, Lumax and More!
By 2028, A-1 Limited envisions becoming a multi-vertical green enterprise integrating low-emission chemical operations with clean mobility solutions. The company’s leadership believes that its expertise in safety, compliance, and logistics will support the development of scalable electric mobility platforms.
A-1 Sureja Industries, which holds an exclusive patent for its electric vehicle design until 2028, plans to expand production to meet growing demand from quick commerce and bike taxi segments.
On October 27, 2025, A-1 share price opened at ₹1,069.90 on BSE, above the previous close of ₹1,053.10. During the day, it surged to ₹1,120.00 and dipped to ₹1,060.10. The stock is trading at ₹1,120.00 as of 12:46 PM. The stock registered a significant gain of 6.35%.
Over the past week, it has moved up by 9.17%, over the past month, it has moved up by 20.41%, and over the past 3 months, it has moved up by 69.74%.
A-1 Limited’s increased investment in A-1 Sureja Industries signals a decisive move towards sustainable growth and innovation. Combining its legacy in chemical distribution with emerging EV technology, the company is set to evolve into a future-ready green enterprise with diversified revenue streams and stronger market positioning.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Oct 27, 2025, 2:57 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
EN