A-One Steel India Limited
Key dates
Issue reservation
₹405 CrLot ladder — how much to bid
1 lot = 37 sharesIssue details
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB (Ex. Anchor) | 19,87,592₹80.50 Cr | 1,52,92,803₹619.36 Cr | 7.69× |
| HNI | 14,91,825₹60.42 Cr | 3,84,82,886₹1,559 Cr | 25.80× |
| HNI (10L+) | 9,94,550₹40.28 Cr | 2,60,38,010₹1,055 Cr | 26.18× |
| HNI (2-10L) | 4,97,275₹20.14 Cr | 1,24,44,876₹504.02 Cr | 25.03× |
| Retail | 34,80,926₹140.98 Cr | 3,16,45,138₹1,282 Cr | 9.09× |
| Employee | 54,496₹2.00 Cr | 2,80,867₹10.31 Cr | 5.15× |
| Total | 70,14,839₹284.10 Cr | 8,57,01,694₹3,471 Cr | 12.22× |
*QIB Book Size EXCLUDES the anchor portion of 29,85,160 shares, from the actual anchor allotment.
Application-wise
| Category | Req 1× | Total | Times |
|---|---|---|---|
| HNI (10L+) | 401 | 10,347 | 25.80× |
| HNI (2-10L) | 960 | 23,489 | 24.47× |
| Retail | 94,079 | 7,78,777 | 8.28× |
| Employee | 1,473 | 5,157 | 3.50× |
Total applications: 8,17,770
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 619.36 |
| HNI | 1558.56 |
| HNI (10L+) | 1054.54 |
| HNI (2-10L) | 504.02 |
| Retail | 1281.63 |
| Employee | 10.31 |
| Total | 3470.92 |
Amounts at the upper band (₹405). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Particulars | FY26 | FY25 | FY24 |
Assets | 3,191.31 | 2,753.06 | 2,395.87 |
Total Income | 4,202.05 | 3,569.63 | 3,862.44 |
PAT | 127.41 | 7.71 | 138.91 |
Net Worth | 819.52 | 676.63 | 421.79 |
Total Borrowing | 1,010.94 | 963.67 | 1,042.53 |
Fresh Issue: ₹355 crore
Debt Repayment: ₹250 crore for prepayment/repayment of borrowings
General Corporate Purposes: Balance proceeds for general corporate requirements
Offer for Sale (OFS): ₹50 crore — proceeds will accrue to selling shareholders, not the company.
A-one Steels India Limited, incorporated in 2012, is a backward-integrated steel manufacturer with a diversified portfolio spanning long steel, flat steel, and industrial products. The company operates six manufacturing facilities—five in Karnataka (Gauribidanur, Bellary, Koppal, and Chikkantapur) and one in Hindupur, Andhra Pradesh—strategically located near major iron ore sources and within 450 km of key ports like Ennore, New Mangalore, and Goa-Mormugao to ensure cost-effective logistics.
Its robust production capabilities include manufacturing sponge iron at the Koppal (Vanya Steels) and Bellary plants, producing MS billets, and rolling them into TMT bars and HR/CR coils, the latter of which are further converted into HR pipes, CR pipes, and galvanized tubes. In addition, the company produces industrial inputs such as met coke and silicon manganese/ferrosilicon, which are sold in the open market, with ferrosilicon serving a vital role in steel alloying.
Distinguished by its strong commitment to sustainability, A-one Steels sources a significant portion of its power from green energy supported by 15- to 25-year solar and wind power purchase agreements across Karnataka and Andhra Pradesh. Its TMT bars are officially certified as green products by the Confederation of Indian Industry (CII), and the company is further expanding its infrastructure by setting up a 10 MW waste heat recovery power plant on a 39.29-acre site. The company's diverse product range caters to a wide array of sectors, including construction, infrastructure, power plants, dams, airports, bridges, flyovers, stadiums, highways, marine structures, industrial buildings, and high-rise residential projects. As of November 30, 2024, the enterprise supports a total workforce of 2,459 employees, comprising 1,377 permanent staff, 1,082 contractual workers, and a dedicated sales and marketing team of 63 professionals.
Company strengths
Market Leader: One of southern India's largest backward-integrated steel manufacturers with a diverse product portfolio.
Strategic Advantage: Capitalizes on prime locations near raw materials and ports, commanding strong pricing and manufacturing cost control.
Strong Distribution: Features a widespread, well-connected multi-channel network with high brand recall.
Industry Moat: Positioned within a high-barrier-to-entry sector to capture favorable market trends.
Green Pioneer: A market leader in utilizing green energy for sustainable steel production.
Promoters
Registered office & contact
A-One Steels India Limited
Address - A-One House, No. 326,
CQAL Layout, Ward No. 08,
Sahakarnagar, Bangalore Urban,
Karnataka, 560092
📞 080-45646000
✉️ legal@aonesteelgroup.com
What is the minimum investment in the A-One Steel India Limited IPO?
One lot of 37 shares — ₹14,985 at the upper price band of ₹405.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2026-10-01 on NSE / BSE.