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Broker call● Neutral for Indian equities
A-One Steels IPO: Analysts rate 'subscribe' on long-term growth prospects
The brief
- Brokerages rated A-One Steels’ IPO ‘subscribe’ for long-term growth prospects
- Earnings recovery, manufacturing scale and planned debt reduction underpin the view
- A-One Steels’ proposed listing offers investors exposure to India’s steel manufacturing sector
- IPO GMP Today: Moneyview Shows Higher Implied Listing Gain Than A-One Steels; Check Latest GMP
- IPO GMP: Moneyview, A One Steels, Orient Cable, German Green, Ace Vector, Runwal - check subscription, allotment date
- India urges Centre to intervene over EU metal scrap export list exclusion
- Moneyview vs A-One Steels IPO GMP: Which Has Higher Listing Gain?
A-One Steels IPO
A-One Steels’ ₹405 crore IPO opened on September 24 and was 55% subscribed on Day 1. Brokerages recommended subscribing, citing earnings recovery, manufacturing scale and planned debt reduction; the issue includes a fresh issue and an offer for sale.
Monday, 28 September
Friday, 25 September
Thursday, 24 September
- A-One Steels IPO: Analysts rate 'subscribe' on long-term growth prospects