a) Equity investment in Indian Subsidiary of the Company, Vanya Steels Private Limited for purchase of equipment /machineries and civil works for expansion of manufacturing facility;b) Equity Investment in Indian Subsidiary of the Company, Vanya Steels Private Limited for investment in Group Captive power for procurement of Solar energy;c) Pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by our Company; andd) General corporate purposes.
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major ports like the, Ennore port, New Mangalore port and Goa-Mormugao Port, enabling us to transport products at reasonable costs. (Source: CRISIL Report) By reducing the distance between our raw material sources and manufacturing facilities, we also minimise supply chain disruptions, ensuring a steady and reliable flow of raw materials, which helps maintain consistent production levels and enhances operational efficiency. Furthermore, being close to iron ore mines gives us better control over the quality of raw materials. The reduced need to hold large iron ore inventories also reduces storage and inventory holding costs, and transportation costs. Additionally, shorter transportation routes decrease the environmental impact of our logistics operations, aligning with our commitment to sustainable manufacturing practices. These strategic advantages enable us to maintain a competitive cost structure and offer certified quality products at competitive prices, strengthening our market position in the steel industry. While we supply our products throughout India through our distribution network, our sales are majorly concentrated in the states of Karnataka, Andhra Pradesh, Tamil Nadu, Maharashtra and Telangana, which are closer to our manufacturing facilities thereby reducing transportation cost to the customers and making product price competitive. Read More
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The issue size of A-One Steels India Ltd. IPO is ₹0.00 - 0.00 crore.
The A-One Steels India Ltd. IPO opens for subscription on and closes on .
The price range of A-One Steels India Ltd. IPO is ₹0.00 to ₹0.00.
The lot size of A-One Steels India Ltd. IPO is shares.
The registrar of A-One Steels India Ltd. IPO is Bigshare Services Pvt Ltd .
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