About A-One Steels India Ltd IPO
A-One Steels India IPO is a mainboard book-built issue comprising a fresh issue of up to ?355 crore and an Offer for Sale (OFS) of up to ?50 crore. The Equity Shares are proposed to be listed on the BSE and NSE, with PL Capital Markets Private Limited acting as the Book Running Lead Manager, Khambatta Securities Limited as the Co-Manager and Bigshare Services Private Limited as the Registrar to the Issue.
The Company is promoted by Sandeep Kumar, Sunil Jallan and Krishnan Kumar Jalan.
The proceeds from the fresh issue are proposed to be utilised towards prepayment or repayment, in full or part, of certain outstanding borrowings and general corporate purposes.
The A-One Steels India IPO provides the Company with an opportunity to raise capital while strengthening its balance sheet and supporting its ongoing business operations.
About A-One Steels India Limited
A-One Steels India Limited is a backward-integrated steel manufacturer based in southern India, with a diversified portfolio of long and flat steel products and industrial products used in steel manufacturing. Incorporated in 2012, the company has since expanded its manufacturing capabilities across the steel value chain, from sponge iron and MS billets to finished products such as TMT bars, HR coils, CR coils, pipes and galvanized tubes.
The Company operates six manufacturing units across Karnataka and Andhra Pradesh, with an aggregate installed capacity of approximately 17.33 lakh MTPA as of March 31, 2026. Its integrated manufacturing model enables captive consumption of intermediate products, reducing dependence on external suppliers and providing greater control over raw material availability and production processes.
A-One Steels’ products cater to a wide range of applications across construction, infrastructure, power, industrial and other sectors. The Company also benefits from the strategic location of its facilities, which are situated close to major iron ore sources and ports.
The Company has a strong focus on renewable energy and sustainable manufacturing. In FY2026, approximately 83.20% of its power requirements were met through renewable and other non-conventional sources, including solar, wind and waste heat recovery. Its TMT bars and certain other products have also received GreenPro certifications.
The Company uses technologies such as German Thermex technology for TMT bars and induction/electric arc furnace processes for steel production, providing flexibility in manufacturing and the ability to produce different steel grades and products. Its product range complies with applicable BIS and IS standards, supported by certifications including ISO 9001, ISO 14001, ISO 45001 and ISO 50001.
A-One Steels sells its products across India through direct sales and distribution channels, with a significant presence in markets including Karnataka, Andhra Pradesh, Tamil Nadu, Maharashtra and Telangana.
The Company manufactures sponge iron at its Koppal facility operated through Vanya Steels and at its Bellary facility. It is also developing a 10 MW waste heat recovery power plant at Koppal, of which 6 MW was partially operational as of the RHP date.
As of June 30, 2026, the Company’s workforce comprised 2,459 employees, with 1,377 on a permanent basis and 1,082 engaged on a contractual basis.
A-One Steels India IPO is a mainboard book-built issue comprising a fresh issue of up to ?355 crore and an Offer for Sale (OFS) of up to ?50 crore. The Equity Shares are proposed to be listed on the BSE and NSE, with PL Capital Markets Private Limited acting as the Book Running Lead Manager, Khambatta Securities Limited as the Co-Manager and Bigshare Services Private Limited as
A One Steels IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 35% | -- |
A One Steels IPO Strengths & Weaknesses
The Company operates across the steel value chain, from sponge iron and MS billets to finished steel products, supporting diversification and reducing reliance on external suppliers.
Facilities located near key raw material sources and transport links help improve procurement efficiency and logistics costs.
The Company serves customers through retail channels, distributors and institutional sales, providing access to diverse customer segments and markets.
Long-term raw material arrangements and renewable power agreements help the Company manage input costs and improve operational efficiency.
TMT bars and steel pipes are marketed under the “A-One Gold” brand, supported by a focus on product quality and customer requirements.
The Company sources a significant share of its power from solar and wind energy, while certain steel products have received green product certifications.
A One Steels IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 29 Sep '26 | -- | 30 Sep '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 85.86 shares |
| Post-Issue Shareholding | 0 shares |
A One Steels IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of A One Steels ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for A One Steels IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
A One Steels IPO Contact & Registrar Details
Contact Details
Address
A-One House, No. 326, CQAL Layout, Ward No. 08, Sahakarnagar, Bangalore Urban
Phone Number
Website
Registrar Details
Registrar Name
Bigshare Services Pvt.Ltd.
Phone Number
A One Steels Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| PL Capital Markets Pvt Ltd | Khambatta Securities Ltd |