A-One Steels India to launch ₹405-crore IPO on September 24
The price band has been set at ₹385–₹405 per share, with a minimum bid lot of 37 equity shares
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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