Bengaluru-based A-One Steels India to raise ₹405 crore in an IPO
Bengaluru-headquartered A-One Steels India announced plans to raise 405 crore rupees through an initial public offering. The firm’s promoters highlighted that its production facilities located in Karnataka and other southern states are positioned to meet steel demand across the country. The IPO aims to fund expansion and strengthen the company’s market presence. The capital raised is expected to support capacity expansion and new product development.