IPO profile
A-one Steels India Limited
AONESTEELS · BSE
- Price band
- ₹385 - ₹405
- Subscription
- 7.07x
Application & Issue Details
- Minimum Quantity
- 37 shares
- Minimum Application
- ₹14,985
- Issue Size
- Rs. 405 Cr
- Face Value
- Not available
Company Overview
A-One Steels India Limited manufactures and supplies integrated steel and industrial products, operating primarily across intermediate and finished steel segments. Its product portfolio includes sponge iron, MS billets, TMT bars, hot-rolled coils, cold-rolled coils, and various steel pipes and tubes. The company operates six manufacturing facilities located in Karnataka and Andhra Pradesh. It generates revenue principally through direct retail sales channels, authorized distributors, institutional customers, and surplus intermediate product sales in the open market. Backward integration across multiple production stages allows internal consumption of intermediate goods like sponge iron and MS billets for downstream manufacturing. Raw materials such as scrap, iron ore, pellets, and coal are sourced through domestic and international market purchases, e-auctions, and supply arrangements.
Important Dates
- Open Date
- 24 Sept 2026
- Close Date
- 28 Sept 2026
- Allotment Date
- Not available
- Listing Date
- 1 Oct 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
- QIB
- 0.65x
- NII
- 18.04x
- Retail
- 6.08x
- Total
- 7.07x
Updated 25 Oct 2026, 12:08 pm · source: nse
Actual Listing Performance
- Listing Date
- 1 Oct 2026
- Actual Listing Price
- ₹462
- Gain/Loss Per Share
- +₹57
- Gain/Loss Per Lot
- +₹2,109
- Listing Gain/Loss %
- +14.07%
- Measured Against
- ₹405
- Lot Size
- 37 shares
Historical result from the reported listing price, compared with the upper price band (final issue price not reported). Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- Integrated steel manufacturing model enabling captive consumption.
- Broad product range spanning TMT bars, pipes, and coils.
- Manufacturing units located near raw material mineral belts.
- Diversified sales mix including distributors, retail, and institutional clients.
- Established presence and operational footprint in South India.
Key risks
- Revenue concentration in three key product categories.
- Heavy regional dependency with over 50% sales in Karnataka.
- Lack of long-term supply contracts for iron ore and coal.
- Outstanding environmental, tax, and legal proceedings.
- Substantial debt obligations with variable interest rate exposure
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:08 pm IST · GMP: ipoalerts · subscription: nse · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.