A-One Steels India IPO
AONESTEELS · BSE, NSE · Mainboard · Steel & Iron Products
Overview
Updated 12 days agoA-One Steels India Limited is a backward-integrated steel manufacturer operating six facilities across Karnataka and Andhra Pradesh. The company produces a diverse range of steel products, including TMT bars, pipes, and industrial inputs like sponge iron and ferro alloys, catering primarily to the infrastructure and construction sectors.
The red bar is the price band. GMP-implied price is an unofficial grey-market number, not a forecast.
How much to apply
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 37 | ₹14,985 |
| Retail (max) | 13 | 481 | ₹1,94,805 |
| sNII (min) | 14 | 518 | ₹2,09,790 |
| bNII (min) | 67 | 2,479 | ₹10,03,995 |
At the upper band. The amount is blocked in your bank account through UPI, not paid, until allotment.
Final subscription
As of 31 Oct, 16:42 ISTTimes the shares on offer were bid for, by investor category. Above 1x means the category is fully booked.
Listing performance
Latest price updated 5 hr ago.
Issue details
| Status | Listed |
| Exchange | BSE, NSE |
| Segment | Mainboard |
| Sector | Steel & Iron Products |
| Price band | ₹385–405 |
| Final issue price | ₹405.00 |
| Face value | ₹10 per share |
| Lot size | 37 shares |
| Minimum investment | ₹14,985 |
| Issue size | ₹405 Cr |
| Fresh issue | ₹355 Cr |
| Offer for sale | ₹50.00 Cr |
| P/E at upper band | 21.9x |
| Registrar | Bigshare Services Private Limited |
| NSE symbol | AONESTEELS |
| ISIN | INE0OTC01025 |
Fresh issue vs offer for sale
Shareholder quota and promoter holding
Company & business
A-One Steels India Limited is a vertically integrated steel manufacturer that operates across the value chain, from raw material processing to the production of finished steel products. Established in 2013, the company manufactures a wide portfolio including MS billets, TMT bars, HR coils, and various pipes, alongside industrial products like met coke and ferro alloys. Its manufacturing footprint spans six units in Karnataka and Andhra Pradesh, utilizing induction furnace and electric-arc-furnace technologies. The company emphasizes green energy integration, sourcing a significant portion of its power from renewable sources. It serves a broad customer base through direct sales, distributors, and institutional clients, supporting major infrastructure projects across India.
Objects of the issue — how the money will be used
- General corporate purposes
Key strengths
- Backward-integrated manufacturing process
- Diversified product portfolio across steel value chain
- Strategic location near iron ore sources and ports
- High reliance on renewable energy sources
- Strong institutional client base
- GreenPro Ecolabel certified products
Key risks
- Fluctuating profitability and margins
- Cyclical nature of the steel industry
- Significant capital expenditure and execution risks for expansion projects
- High dependence on raw material availability and pricing
- Significant related party transactions
- Regulatory and environmental compliance dependencies
Promoters
Krishan Kumar Jalan, Sunil Jallan, Sandeep Kumar
Decoded from the RHP with AI on 01-Nov-2026. Check the offer document before you apply.
Financials (restated, ₹ crore)
| Period | Revenue | Expenses | Profit after tax | Assets | Net worth | Borrowings |
|---|---|---|---|---|---|---|
| FY24 | 3,862.44 | -- | 38.91 | -- | 492.95 | -- |
| FY25 | 3,569.63 | -- | 7.71 | -- | 676.58 | -- |
| FY26 | 4,202.05 | -- | 127.41 | -- | 819.05 | -- |
Key performance indicators · FY26
Peers & valuation
Other Steel & Iron Products IPOs
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Behari Lal EngineeringBLEL · BSE, NSE · Mainboard · Steel & Iron Products+76.2%19 Aug Documents and resources
Offer documents and the issuer, exchange, registrar and SEBI pages for this issue.