Support

A-One Steels India Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

A-One Steels India Ltd IPO

Registered Office: A-One House No.326 CQAL Layout,Ward No.08 Sahakarnagar , Bangalore - 560092 , Karnataka , India.
Phone : 080 4564 6000   Fax:
Email :  legal@aonesteelgroup.com  
Website :  www.aonesteelgroup.com
Initial public offering of up to [*] equity shares of face value of (Rs)10/- each ("Equity Shares") of A-One Steels India Limited ("the Company" or the "Issuer") for cash at a price of (Rs)[*] per equity share ("Offer Price") (Including a Premium of (Rs)[*] per Equity Share) aggregating up to (Rs)650.00 crores (the "Offer"). The offer comprises of a fresh issue of up to [*] equity shares of face value of (Rs)10/- each aggregating up to (Rs)600.00 crores by its company (the "Fresh Issue") and an offer for sale of up to [*] equity shares of face value of (Rs)10/- each aggregating up to 50.00 crores comprising an offer for sale of up to [*] equity shares aggregating up to (Rs)20.00 crores by Sandeep Kumar, up to [*] equity shares of face value of (Rs)10/- each aggregating up to (Rs)20.00 crores by Sunil Jallan and up to [*] equity shares of face value of (Rs)10/- each aggregating up to (Rs)10.00 crores by Krishan Kumar Jalan (the "Promoter Selling Shareholders" and collectively the "Selling Shareholders", and each individually, as a "Selling shareholder" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). This offer includes a reservation of up to [*] equity shares of face value of (Rs)10/- each aggregating up to (Rs)[*] (Constituting up to 5 % of the Post-Offer Paid-up Equity Share Capital) for purchase by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer would constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital the company, in consultation with the Brlms, may offer a discount of upto [*]% (Equivalent to (Rs)[*] per Equity Share) to the offer price to eligible Employees bidding in the Employee Reservation portion ("Employee Discount"). The face value of the equity shares is (Rs)10/- each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.

Issue Money Payable On
Opens On Closes On Application Allotment
NA NA (Rs)0.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :0  Further Multiples of :0

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Khambatta Securities Ltd
Project Financed through Current Offer 650.00  
Post Issue Equity Share Capital 0.00  
Issue Price (Rs)0.00  
 
Projects
Investment in its Indian subsidiary Vanya Steels Pvt Ltd for purchase of equipment/machineries and civil works for expansion of facilityPre-payment or partial re-payment of a portion of certain outstanding borrowings availed by the company
Equity investment in Indian subsidiary of the company Vanya Steels Pvt Ltd for investment in group captive power for procurement of Solar EnergyGeneral corporate purposes
Promoted By
Sandeep Kumar  
Sunil Jallan  
Krishan Kumar Jalan  
Listing At
BSE 
NSE 
Registrar to the Issue
Bigshare Services Pvt Ltd