A-One Steels India Limited
ListedSteel · Mainboard IPO · INE0OTC01025
Price band
₹385 – ₹405
Lot size
37 shares
Min. investment
₹14,985
Issue size
₹405 Cr
Face value
₹10
Registrar
Bigshare Services Pvt.Ltd.
Issue timeline
Bidding opens
24 Sept 2026
Bidding closes
28 Sept 2026
Allotment
29 Sept 2026
Listing
01 Oct 2026
Final subscription
5,77,416
applications
₹2,114 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 13,63,894 | 55 |
| Non-Institutional >₹10L (bNII) | 1,89,86,994 | 769 |
| Non-Institutional ₹2–10L (sNII) | 93,39,096 | 378 |
| Retail (RII) | 2,22,79,032 | 902 |
| Employees | 2,17,560 | 9 |
| Total | 5,21,86,576 | 2,114 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
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.
Issue details
Issue size
₹405 Cr
Fresh issue
₹355 Cr
Offer for sale
₹50 Cr
Industry
Steel
Promoter holding (pre)
85.86%
Promoter holding (post)
74.52%
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 3,862.44 | 3,569.63 | 4202.05 Cr |
| EBITDA | 172.19 | 174.06 | 303.64 |
| Profit after tax | 38.91 | 7.71 | 127.41 Cr |
| Net worth | 421.79 | 676.63 | 819.52 Cr |
| Total assets | 2,395.87 | 2,753.06 | 3,191.31 |
| Total borrowing | 1,042.53 | 963.67 | 1,010.94 |
Objects of the issue
- Pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by the Company
- General Corporate Purposes
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
- The company operates in a highly competitive industry which may affect its market share and profitability.
- Fluctuations in raw material prices may impact the company's margins.
- Dependence on a limited number of customers for a significant portion of revenue.
- Regulatory changes in the steel industry may affect operations.
Documents
Calculate your bid
At cut-off price ₹405
Lots
1
- Shares
- 37
- Amount
- ₹14,985
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login