
Minimum Investment
About Company
Company Name: A-One Steels India Limited
Industry / Sector: Iron & Steel Products / Steel Manufacturing
Founded Year: 2012
Promoters: Sandeep Kumar, Sunil Jallan, Krishnan Kumar Jalan
A-One Steels India Limited is a backward-integrated steel manufacturer with a diversified product portfolio, offering both long and flat steel products, as well as industrial products used in steel manufacturing. The company manufactures HR and CR coils from MS billets, which are then converted into HR pipes, CR pipes, and galvanized tubes. It also produces TMT bars from MS billets in long steel products. The company also manufactures industrial products like met coke and silicon manganese/ferrosilicon, which are sold in the open market. The company has six manufacturing facilities: five in Karnataka (Gauribidanur, Bellary, Koppal, Chikkantapur) and one in Hindupur, Andhra Pradesh. As of November 30, 2024, the company had 2,459 employees, including 1,377 permanent and 1,082 contractual.
IPO Basic Details
| Company Name | A-One Steels India Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹385 – ₹405 |
| Lot Size | 37 Shares |
| Total Issue Size | 99,99,999 Equity Shares (₹405.00 Cr) |
IPO Strengths & Risks
Strengths
- One of the largest backward integrated steel products manufacturers in southern India with a wide product portfolio
- Business operations capitalizing on the strategic location advantage
- Widespread, well-connected distribution network with a presence across multiple channels
- Well-positioned in an industry with high entry barriers to benefit from favorable trends; command in the pricing of products with the ability to control the cost of manufacturing
- Strong brand recall driven by high quality, innovative, and wide range of products
- Leading company in the use of green energy for manufacture of steel products
Risks
- Cyclicality in the steel industry
- Volatility in raw material prices (iron ore, coal)
- Regulatory and environmental compliance risks
- High working capital requirements
- Competition from other steel manufacturers
- Geographical concentration of manufacturing facilities
IPO Important Dates
| IPO Open Date | 24 Sep 2026 |
| IPO Close Date | 28 Sep 2026 |
| Basis of Allotment | 29 Sep 2026 |
| Refund Initiation | 30 Sep 2026 |
| Demat Credit Date | 30 Sep 2026 |
| Listing Date | 01 Oct 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | Not more than 50% of the Net Offer |
| Retail Quota | Not less than 35% of the Net Offer |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 37 | ₹14,985 |
| Retail Maximum | 13 Lots | 481 | ₹1,94,805 |
| S-HNI Minimum | 14 Lots | 518 | ₹2,09,790 |
| S-HNI Maximum | 66 Lots | 2442 | ₹9,89,010 |
| B-HNI Minimum | 67 Lots | 2479 | ₹10,03,995 |
Key Performance Indicators (KPI)
| ROE | 14.70% (FY26), 1.69% (FY25) |
| ROCE | 12.86% (FY26), 7.03% (FY25) |
| RoNW | - |
| PAT Margin | 3.04% (FY26), 0.34% (FY25) |
| EBITDA Margin | 7.29% (FY26), 4.91% (FY25) |
| EPS | ₹18.61 (Pre-IPO), ₹16.50 (Post-IPO) |
| NAV per share | - |
| Debt to Equity | 1.17 (FY26), 1.34 (FY25) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 | ₹3,191.31 Cr | ₹4,202.05 Cr | ₹127.41 Cr | ₹303.64 Cr | ₹819.52 Cr | ₹1,010.94 Cr |
| FY2025 | ₹2,753.06 Cr | ₹3,569.63 Cr | ₹7.71 Cr | ₹174.06 Cr | ₹676.63 Cr | ₹963.67 Cr |
| FY2024 | ₹2,395.87 Cr | ₹3,862.44 Cr | ₹38.91 Cr | ₹172.19 Cr | ₹421.79 Cr | ₹1,042.53 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Not Available |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Bigshare Services Pvt. Ltd.
Registrar Website: https://www.bigshareonline.com
IPO Lead Manager(s)
Company Information
Address: A-One House, No. 326, CQAL Layout, Ward No. 08, Sahakarnagar, Bangalore Urban, Karnataka - 560092
Website: https://www.aonesteelgroup.com
Email: legal@aonesteelgroup.com
Phone: 080-45646000
IPO Documents
Frequently Asked Questions (FAQ)
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