A-One Steels India Sets IPO Price Band At ₹385–₹405; ₹405-Crore Issue To Open On September 24
New Delhi, September 17, 2026: A-One Steels India Ltd on Thursday fixed a price band of Rs 385 to Rs 405 per share for its Rs 405-crore initial public offering (IPO) as the integrated steel manufacturer gears up to tap the primary market. The public issue will open for subscription on September 24 and conclude on September 28. Bidding for anchor investors will take place on September 23,…
On September 17, 2026, A-One Steels India Ltd announced a price band of Rs 385 to Rs 405 per share for its IPO. The integrated steel manufacturer is issuing Rs 405 crore worth of equity shares and will open subscriptions on September 24, concluding on September 28. Anchor investor bidding will occur on September 23, as per the company's Red Herring Prospectus (RHP).
The company reduced its issue size from the initially proposed Rs 650 crore. Of the net proceeds, Rs 250 crore will be used to pre-pay or partially repay certain outstanding borrowings, with the remainder allocated for general corporate purposes.
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Also reported by 1 other outlet
- A-One Steels India to launch ₹405-crore IPO on September 24 thehindubusinessline.com
