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A-One Steels India Ltd IPO
NSE & BSE Bookbuilding IPO Fresh capital cum OFS Upcoming
GMP +₹0 +0% Est. Listing ₹0
Issue Price
₹—
Face ₹100
GMP
+₹0
+0% premium
Est. Listing
₹0
GMP based
Lot Size
shares / lot
Min Amount
1 lot · 0 shares
Opens
24 Sep
Upcoming
Allotment
Important Dates
0/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Soon
Open Date
24 Sep 2026
Thu Upcoming
Soon
Close Date
28 Sep 2026
Mon Upcoming
Soon
Allotment
29 Sep 2026
Tue Upcoming
Soon
Refund
30 Sep 2026
Wed Upcoming
Soon
Demat Credit
30 Sep 2026
Wed Upcoming
Soon
Listing Date
01 Oct 2026
Thu Upcoming
Issue Details
Pricing & Size
Total Issue Size
[.] shares (agg. up to ₹405 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital cum OFS
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
Not more than 50% of the Net Offer
NII / HNI
Not less than 15% of the Net Offer
Retail
Not less than 35% of the Net Offer
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
6,84,65,270 shares
Post-Issue Shareholding
-
Objects of Issue
2 objectives
1
Pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by the Company
250.00 Cr
2
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Khambatta Securities Ltd
PL Capital Markets Pvt.Ltd
IPO Timeline
Open
24 Sep
Upcoming
Close
28 Sep
Upcoming
Allotment
29 Sep
Upcoming
Listing
01 Oct
Upcoming
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
8657578989/8069219065/8069219060
Email
ipo@bigshareonline.com
Company Contact
Email
legal@aonesteelgroup.com
Phone
080-45646000
Address
A-One House, No. 326, CQAL Layout, Ward No. 08, Sahakarnagar, Bangalore Urban, Karnataka, 560092
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹0
Est. Listing
₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Category-wise Subscription
Category Sub (×) Offered Bid For
QIB Not more than 50% of the Net Offer
NII / HNI (Total) Not less than 15% of the Net Offer
Retail Investors Not less than 35% of the Net Offer
Total **
Market Maker *
NII / HNI Breakdown
Shares Reserved
QIB
Not more than 50% of the Net Offer
NII
Not less than 15% of the Net Offer
Retail
Not less than 35% of the Net Offer
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue4202.053569.633862.44
PAT127.417.7138.91
EBITDA303.64174.06172.19
Net Worth819.52676.63421.79
Total Assets3191.312753.062395.87
Reserves
Borrowings1010.94963.671042.53
Key Financial Ratios
14.70
ROE
Return on Equity
12.86
ROCE
Return on Capital Employed
15.43
RONW
Return on Net Worth
3.04
PAT Margin
PAT / Revenue
7.29
EBITDA Mgn
EBITDA / Revenue
1.17
D/E Ratio
Debt to Equity
18.61
Pre EPS
EPS Pre-Issue
About A-One Steels India Ltd

Incorporated in 2012, 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. Ferrosilicon is essential in the steel industry for alloying.

The company sources significant green energy compared to peers (Source: CRISIL Report). Its TMT bars, certified as green products by CII, are produced in various sizes at the Gauribidanur and Hindupur plants.

The company relies on a steady power and fuel supply, with power purchase agreements for solar and wind energy (15 to 25 years) to support its manufacturing facilities in Karnataka and Andhra Pradesh.

The company has six manufacturing facilities: five in Karnataka (Gauribidanur, Bellary, Koppal, Chikkantapur) and one in Hindupur, Andhra Pradesh. The company's manufacturing facilities are located near major iron ore sources, within 450 km of ports like Ennore, New Mangalore, and Goa-Mormugao, allowing cost-effective product transportation.

The company products are used in various industries, including construction, infrastructure, power plants, dams, airports, bridges, flyovers, stadiums, highways, marine structures, industrial buildings, and high-rise residential constructions.

The company manufactures sponge iron at its Koppal facility (Vanya Steels) and Bellary Plant. It is setting up a 10 MW power plant with waste heat recovery on 39.29 acres of land.

Products:

  • Sponge iron: Primarily used in steel manufacturing as a raw material for the production of steel billets and other steel products.
  • MS billet: Used as raw material for rolling into bars, rods, and other structural steel products.
  • TMT: Construction and infrastructure for reinforcement in concrete structures.
  • HR coil: Manufacturing of pipes, tubes, automotive frames, and various industrial equipment.
  • CR coil: Used in precision instruments, automotive panels, appliances, and other finished goods requiring a smooth surface finish.

As of November 30, 2024, the company had 2,459 employees, including 1,377 permanent and 1,082 contractual. The sales and marketing team had 63 employees.

Competitive 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.
Frequently Asked Questions
What is the issue price of A-One Steels India Ltd IPO?
The issue price of A-One Steels India Ltd IPO is ₹0 per share, face value ₹100.
What is the lot size?
Lot size not available yet.
What are the IPO dates?
Opens 24 Sep 2026, closes 28 Sep 2026.
When is the listing date?
Tentative listing: 01 Oct 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹0 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

A-One Steels India Ltd IPO · Expected 29 Sep 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
29 Sep 2026
Refund Initiation
30 Sep 2026
Demat Credit
30 Sep 2026
Listing Date
01 Oct 2026
Quick Facts
Upcoming
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹0
Face ₹100
Lot Size
shares / lot
Min Amount
1 lot
Est. Listing
₹0
GMP +₹0
Key Dates
Open
24 Sep Soon
Close
28 Sep Soon
Listing
01 Oct Soon
Registrar
Bigshare Services Pvt.Ltd
A
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