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A-One Steels India To Launch ₹405 Crore IPO On September 24, Check Issue Details

Mumbai: Integrated steel manufacturer A-One Steels India Ltd will launch its ₹405-crore initial public offering on September 24. The issue will open for public subscription. The three-day A-One Steels India IPO will close on September 28, while anchor investors can submit bids on September 23, according to the company’s Red Herring Prospectus. IPO Structure And Fund Utilisation The public issue…

A-One Steels India To Launch ₹405 Crore IPO On September 24, Check Issue Details

Mumbai-based Integrated steel manufacturer A-One Steels India Ltd has announced its plans to launch a ₹405-crore initial public offering (IPO) on September 24. The public subscription phase of the three-day IPO will commence on September 24 and conclude on September 28. The issue, which includes a fresh equity share sale of ₹355 crore and an offer for sale by the company's promoters up to ₹50 crore, will be managed by PL Capital Markets and Khambatta Securities, with Bigshare Services acting as the registrar.

Shares of A-One Steels are expected to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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