A-One Steels India Ltd
Pre Issue Shares
6,84,65,270
No. of Shares Issued
-
Pre Issue Equity Amt.
₹68.47 Cr
DP Filling Date
30 December 2024
A-One Steels India Ltd IPO Timeline
A-One Steels India Limited was incorporated as 'A-One Steel and Alloys Private Limited', a Private Limited Company through a Certificate of Incorporation dated April 9, 2012, issued by the Registrar of Companies, Karnataka at Bangalore. Subsequently, the name of the Company was changed to 'A-One Steels India Private Limited' dated June 29, 2024 issued by the Central Processing Centre, Registrar of Companies, at Gurgaon. Company was then converted into a Public Limited Company, consequent to which, the name of the Company was changed to A-one Steels India Limited' and a fresh Certificate of Incorporation, was issued by the Registrar of Companies, Central Processing Centre on December 23, 2024.
A-One Steels India Ltd IPO Details
| A-One Steels India Ltd IPO Date | - |
| A-One Steels India Ltd IPO Face Value | - |
| A-One Steels India Ltd IPO Price | - |
| A-One Steels India Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Sandeep Kumar, Sunil Jallan, Krishan Kumar Jalan |
- Strengths
- Risks
- Opportunities
- One of the largest backward integrated steel products manufacturers in southern India with a wide product portfolio.
- Business operations capitalizing on the strategic location advantage.
- Widespread, well connected distribution network with a presence across multiple channels.
- Well-positioned in an industry with high entry barriers to benefit from favorable trends; command in pricing of product with ability to control cost of manufacturing.
- Strong brand recall driven by high quality, innovative and wide range of products.
- Leading company in the use of green energy for manufacture of steel products.
- Experienced Promoters supported by a strong management and execution team.
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Investment in its Indian subsidiary Vanya Steels Pvt Ltd for purchase of equipment/machineries and civil works for expansion of facility
- Equity investment in Indian subsidiary of the company Vanya Steels Pvt Ltd for investment in group captive power for procurement of Solar Energy
- Pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by the company
- General corporate purposes
A-One Steels India Ltd IPO Prospectus
A-One Steels India Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
A-One House No.326 CQAL LayoutWard No.08 Sahakarnagar,Bangalore-560092
Phone: 080 4564 6000
Email: legal@aonesteelgroup.com
Website: www.aonesteelgroup.com
A-One Steels India Ltd IPO Registrar
A-One Steels India Ltd IPO Lead Manager(s)
- PL Capital Markets Pvt Ltd
- Khambatta Securities Ltd