A-One Steels India Ltd. IPO

Min Investment
₹ 14,985 / 37 shares
Price Range
₹385 - ₹ 405
Bidding Dates
24 Sep '26 - 28 Sep '26
Total Issue Value
405.00 Cr
Lot Size
37
Total Issue Size
405.00 Cr
Listing At

IPO Timeline

  • 24 Sep 2026
    Bidding Starts
  • 28 Sep 2026
    Bidding Ends
  • 29 Sep 2026
    Allotment Finalization
  • 1 Oct 2026
    Listing

About A-One Steels India Ltd.

We are a backward/vertically integrated steel manufacturer based in southern India, with a diversified product portfolio comprising long and flat steel products, as well as industrial products used in steel manufacturing. As on date of this Red Herring Prospectus, our manufactured product portfolio consists of 10 steel products and industrial products. As per CRISIL Report, an integrated steel manufacturing setup allows a company to operate across the value chain, from raw material processing to steelmaking and downstream products.

We commenced our operations in 2013 with the manufacturing of MS billets at our Gauribidanur Facility, which had an installed capacity of approximately 20,000 MTPA. Our integrated manufacturing process extends from the manufacturing of direct reduced iron, commonly known as sponge iron, to the manufacturing of MS billets and their further conversion into finished steel products including, TMT bars, HR coils, CR coils, HR (MS) pipes, CR pipes and galvanized tubes and pipes. The Sponge iron, MS billets, HR coils and CR coils produced by us are primarily intended to be used for captive consumption in downstream manufacturing process; thereby supporting our integrated operations. Any production in excess of our captive requirements is sold in the open market. We also manufacture industrial products used in steel manufacturing, including met coke and ferro alloys such as silicon manganese and ferro silicon, which are sold in open market.

Read More
Parent organisation
Founded
A-One Steels India Ltd.
2012

A-One Steels India Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 29,85,185 (29.85%)
Employee Reserved 49,383 (0.49%)
Non Institutional Investors 14,92,593 (14.93%)
Qualified Institutional Buyers (QIBs) 19,90,124 (19.9%)
Retail Individual Investors (RIIs) 34,82,716 (34.83%)

A-One Steels India Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 3,514.01 Cr 26.19 Cr 337.59 Cr
31 Mar 2023 2,839.35 Cr 88.35 Cr 311.46 Cr

A-One Steels India Ltd. Background

Major Events And Milestones
  • 2012
    Incorporation of our flagship Company “A-One Steel and Alloys Private Limited” which was renamed as “A-One Steels India Private Limited”, post-merger (see, year 2023 below)
  • 2013
    Started Gauribidanur Plant and commenced manufacturing of MS Billets with steel melting furnace.
  • 2014
    Aaryan Hitech Steels India Private Limited (which merged with our Company) setup manufacturing of TMT bars at Gauribidanur Plant and subsequently it was leased to our Company for manufacturing of TMT bars.
  • 2017
    Acquisition of 100% equity share capital of our subsidiary, Vanya Steels Private Limited pursuant to a share purchase agreement dated March 27, 2017.
    Acquired the manufacturing unit at Bellary, Karnataka on lease basis from Basai Steels and Power Private Limited, installed with sponge iron and MS billet production line.
  • 2018
    Started manufacturing of HR Coil and MS pipe at Bellary Facility I
    Started procuring green power through captive wind and solar power arrangement
    Acquired sponge iron plant from Trivista Steels Private Limited at Koppal facility.
  • 2020
    Incorporated A-One Gold Steels India Private Limited and A-One Gold Pipes and Tubes Private Limited as wholly owned subsidiaries of our Company and commenced manufacturing of GP coil and pipes.
  • 2022
    Leased a manufacturing plant at Chikkantapur for manufacturing of ferro alloys and metcoke.
  • 2023
    Amalgamation of erstwhile “A One Steels India Private Limited” and “Aaryan Hitech Steels India Private Limited” with A-One Steel and Alloys Private Limited pursuant to the scheme of amalgamation approved by National Company Law Tribunal, Special Bench - Bengaluru vide its order dated November 22, 2023. Further, in terms of Certificate of Incorporation pursuant to change of name dated June 29, 2024, the name of the Company was changed from A-One Steel and Alloys Private Limited to A-One Steels India Private Limited.”
  • 2024
    Conversion of our Company to a public limited company.
    Acquisition of 70% shareholding in Basai Steels & Power Private Limited.
  • 2025
    Started WHRB power plant at Koppal Facility.
A-One Steels India Ltd. Object of Issues

1. Pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by our Company
2. General corporate purposes

A-One Steels India Ltd. IPO Listing Details
Listing Date
1 Oct 2026
ISIN
INE0OTC01025
Final Issue Price
₹ 405
A-One Steels India Ltd. Company Promoters

1. Krishan Kumar Jalan
2. Sunil Jallan
3. Sandeep Kumar

Industry Overview

Demand for steel pipes and tubes is driven by multiple end-use sectors. Major categories include:
1. Structurals, which has an estimated 32-35% share of the total demand. The segment includes affordable housing, real estate, automobiles, transport infrastructure (metros, airports, etc.), ... Read more

A-One Steels India Ltd. Contact Details
Address: A One House, No. 326, CQAL Layout, Ward No. 08, Sahakar Nagar, Bengaluru Karnataka - 560092
Phone no:45646000
45646000
|
A-One Steels India Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
A-One Steels India Ltd. IPO Lead Manager(s)
Khambatta Securities Ltd.
806, World Trade Tower, Tower B, Noida Sector-16, Noida Uttar Pradesh - 201301
4415469, 9953989693

FAQs

When does A-One Steels India Ltd. IPO opens and closes?

A-One Steels India Ltd. IPO opens from 24th September to 28th September 2026.

What is the size of A-One Steels India Ltd. IPO?

The size of the A-One Steels India Ltd. IPO is ₹405.00 Cr.

What is the price range of A-One Steels India Ltd. IPO?

The price range of A-One Steels India Ltd. IPO is at ₹385 to ₹405 per share.

What is the minimum investment and lot size required for the A-One Steels India Ltd. IPO?

The minimum investment required is ₹14,985 and minimum lot size is 37 shares.

When is A-One Steels India Ltd. IPO listing date?

The A-One Steels India Ltd. IPO will be listed on 1st October 2026.

What is the objective of A-One Steels India Ltd. IPO?

1. Pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by our Company
2. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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