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Back Office| A-One Steels India Ltd |
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| Registered Office: A-One House No.326 CQAL Layout, Ward No.08 Sahakarnagar, Bangalore - 560092, Karnataka |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| 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 |
| 01-Jan-1970 | 01-Jan-1970 | 0.00 - 0.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 0.00 |
| Project Financed through Current Offer | 650.00 |
| Post Issue Equity Share Capital | 0.00 |
| Issue Price | 0.00 |
| Projects |
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| 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 |
| Promoted By |
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| Sandeep Kumar |
| Sunil Jallan |
| Krishan Kumar Jalan |
| BSE |
| NSE |
| Registrar to the Issue |
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