IPO Details

A-One Steels India Limited IPO

A-One Steels India Limited logo
Mainboard IPO
₹14,245

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

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 NameA-One Steels India Limited
IPO TypeMainboard IPO
Price Band₹385 – ₹405
Lot Size37 Shares
Total Issue Size99,99,999 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 Date24 Sep 2026
IPO Close Date28 Sep 2026
Basis of Allotment29 Sep 2026
Refund Initiation30 Sep 2026
Demat Credit Date30 Sep 2026
Listing Date01 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 QuotaNot more than 50% of the Net Offer
Retail QuotaNot less than 35% of the Net Offer
HNI Quota-
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum1 Lot37₹14,985
Retail Maximum13 Lots481₹1,94,805
S-HNI Minimum14 Lots518₹2,09,790
S-HNI Maximum66 Lots2442₹9,89,010
B-HNI Minimum67 Lots2479₹10,03,995

Key Performance Indicators (KPI)

ROE14.70% (FY26), 1.69% (FY25)
ROCE12.86% (FY26), 7.03% (FY25)
RoNW-
PAT Margin3.04% (FY26), 0.34% (FY25)
EBITDA Margin7.29% (FY26), 4.91% (FY25)
EPS₹18.61 (Pre-IPO), ₹16.50 (Post-IPO)
NAV per share-
Debt to Equity1.17 (FY26), 1.34 (FY25)
P/E Ratio-
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
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 PriceNot Available
Kostak RateNot Available
Subject to SaudaNot Available
Last UpdatedNot Available
Estimated Listing PriceTBA

IPO Subscription Data

Total SubscriptionPending
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: Bigshare Services Pvt. Ltd.

Registrar Website: https://www.bigshareonline.com

IPO Lead Manager(s)

PL Capital Markets Pvt. Ltd., Khambatta Securities Ltd.

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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