Bengaluru steelmaker A-One Steels to raise ₹405 crore via IPO

A-One Steels India, headquartered in Bengaluru, is set to launch an initial public offering to raise ₹405 crore. The company operates manufacturing plants across South India, with a significant presence in Karnataka.

The promoters stated that the company's southern facilities will serve demand from across the country. The IPO marks a significant expansion step for the steel manufacturer.