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- Bengaluru-based steel manufacturing company A-One Steel India Limited has announced an IPO to raise ₹405 crore, with bidding scheduled from September 24 to September 28.
- The company has set a price band of ₹385 to ₹405 per share, with anchor investor bidding beginning on September 23.
- A portion of the funds raised, specifically ₹250 crore, will be used for debt repayment, while the remainder will support daily business operations.
- This current IPO offering is lower than the previously planned ₹650 crore capital raise disclosed to regulators in December 2024.
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Named India · IN-KA · A-One Steel India Limited · Securities and Exchange Board of India
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