₹ 14985
₹384- ₹405
37
₹455
12.35
28 Sep 2026
Download30 Sep 2026
1 Oct 2026
Application Details
A-One Steels IPO is a book build issue of ₹405.00 crores. The issue is a combination of fresh issue of 87.65 lakh shares aggregating to ₹355.00 crores and offer for sale of 12.35 lakh shares aggregating to ₹50.00 crores.
A-One Steels IPO opens for subscription on Sep 24, 2026 and closes on Sep 28, 2026. The allotment for the A-One Steels IPO is expected to be finalized on Sep 29, 2026. A-One Steels IPO will list on NSE and BSE with a tentative listing date fixed as Oct 1, 2026.
A-One Steels IPO is set issue price band at ₹385 to ₹405 per share. The lot size for an application is 37 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,985 (37 shares) (based on upper price).
PL Capital Markets Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
About A-One Steels India Limited
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.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.