The A-One Steels India IPO was scheduled to open on 24 September 2026 and close on 28 September 2026. According to the supplied information, the company planned to raise ₹405 crore through a fresh issue and an offer for sale (OFS). The price band was ₹385–₹405 per share.
This page covers the A-One Steels India IPO price band, issue size, market lot, financial performance, business operations, allotment schedule, prospectus and registrar details. It also explains the company’s business model and highlights important information investors should review before making an investment decision.
About A-One Steels India Limited
A-One Steels India Limited operates in the steel manufacturing industry. The company follows a backward and vertically integrated manufacturing model, with a product portfolio that includes long and flat steel products and industrial materials used in steel production.
The company began operations in 2013 by manufacturing mild steel (MS) billets at its Gauribidanur facility. According to the supplied information, that facility initially had an installed capacity of approximately 20,000 metric tonnes per annum (MTPA).
Its product portfolio includes:
- Sponge iron
- MS billets
- TMT bars
- Hot-rolled steel coils
- Cold-rolled steel coils
- Steel pipes and tubes
The supplied company description refers to six manufacturing units across Karnataka and Andhra Pradesh, including facilities at Gauribidanur, Hindupur, Chikkantapur, Bellary and Koppal. Verify the complete facility list and operational details against the final offer document.
A-One Steels India IPO Promoters
According to the supplied information, the promoters of A-One Steels India Limited are:
- Puneet Agarwal
- Sanjay Aggarwal
- Sushma Abburi
A-One Steels India IPO Dates, Price Band and Details
The following table summarizes the IPO information provided. Investors should verify the final issue terms against the official offer document.
| IPO Detail | Information |
|---|---|
| IPO Opening Date | 24 September 2026 |
| IPO Closing Date | 28 September 2026 |
| Price Band | ₹385–₹405 per share |
| Upper Price Band | ₹405 per share |
| Fresh Issue | ₹355 crore |
| Offer for Sale (OFS) | ₹50 crore |
| Total IPO Size | ₹405 crore |
| Face Value | ₹10 per share |
| Issue Type | Book-built issue |
| Proposed Listing | NSE and BSE |
| Pre-IPO Market Capitalization | Approximately ₹3,128.05 crore at the upper price band, as supplied |
The proposed issue comprises ₹355 crore in fresh shares and ₹50 crore through an offer for sale. A fresh issue raises capital for the company, while an OFS allows existing shareholders to sell their shares. Refer to the prospectus for the stated objectives of the issue and the intended use of the proceeds.
A-One Steels India IPO Market Lot and Investment Amount
Based on the supplied lot size of 37 shares, investors would need ₹14,985 to apply for one lot at the upper price band of ₹405 per share. The following table calculates the application amounts using that price.
| Investor Category | Lots | Shares | Amount at ₹405 |
|---|---|---|---|
| Retail Minimum | 1 | 37 | ₹14,985 |
| Retail Maximum | 13 | 481 | ₹1,94,805 |
| S-HNI Minimum | 14 | 518 | ₹2,09,790 |
| S-HNI Maximum | 67 | 2,479 | ₹10,03,995 |
| B-HNI Minimum | 68 | 2,516 | ₹10,18,980 |
Calculation note: The supplied S-HNI maximum row listed 2,442 shares, but 67 lots of 37 shares equal 2,479 shares. Similarly, 68 lots equal 2,516 shares, not 2,479. The table uses the mathematically consistent calculations. Confirm the applicable investor-category thresholds and lot rules against the final issue documents.
A-One Steels India Financial Performance
The following table presents the restated consolidated financial figures supplied for the company. All amounts are in ₹ crore.
| Financial Year Ended | Total Assets | Total Revenue | Profit After Tax (PAT) |
|---|---|---|---|
| 31 March 2026 | 3,191.31 | 4,202.05 | 127.41 |
| 31 March 2025 | 2,753.06 | 3,569.63 | 7.71 |
| 31 March 2024 | 2,395.87 | 3,862.44 | 38.91 |
The supplied figures show revenue increasing from ₹3,569.63 crore in FY2025 to ₹4,202.05 crore in FY2026. Over the same period, reported profit after tax increased from ₹7.71 crore to ₹127.41 crore.
However, revenue declined between FY2024 and FY2025 before rising again in FY2026. Investors should review the prospectus for details about operating margins, debt, working capital, cash flows and the factors behind changes in profitability.
Financial verification: The sharp change in reported profit between FY2025 and FY2026 makes it particularly important to verify these figures against the company’s audited financial statements and final offer document.
A-One Steels India IPO GMP and Grey Market Premium
The A-One Steels India IPO GMP refers to the grey market premium, an unofficial indication of the premium at which IPO shares or applications may trade outside the formal stock exchange process before listing.
The supplied content does not include a verified GMP figure. Since the scheduled IPO dates have passed, any GMP information should be labelled as historical and dated appropriately. Grey market premiums are unofficial, can fluctuate, and do not guarantee listing gains or losses.
A-One Steels India IPO Prospectus: DRHP and RHP
The Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) contain important information about the company’s operations, financial statements, risk factors, promoters and proposed use of IPO proceeds. Review these documents before drawing conclusions about the issue.
You can also visit the IPOWala IPO prospectus section for IPO-related offer-document information.
| Document | Link |
|---|---|
| DRHP | Download DRHP |
| RHP | Download RHP |
| Anchor Investors List | Check the official exchange or company disclosures for the published list. |
A-One Steels India IPO Allotment Date and Listing Schedule
The following dates were supplied for the IPO. The listing date needs correction or confirmation because the supplied date falls before the issue opening date.
| IPO Event | Supplied Date |
|---|---|
| Allotment Date | 29 September 2026 |
| Initiation of Refunds | 30 September 2026 |
| Shares Credited to Demat Accounts | 30 September 2026 |
| Listing Date | 1 September 2026 — verify; this date precedes the IPO opening |
Allotment status: The supplied content identifies Bigshare Services Private Limited as the registrar. Confirm the registrar and the correct allotment-status page using the final offer document or official exchange disclosures before publishing a link.
How to Check A-One Steels India IPO Allotment Status
- Confirm the appointed registrar from the final offer document or official exchange announcement.
- Open the registrar’s official IPO allotment-status page.
- Select A-One Steels India IPO if it appears in the issue list.
- Choose an available search method, such as PAN or application number.
- Enter the requested details and submit the form.
- Check the result displayed on the official website.
If the issue does not appear on the registrar’s page, consult the relevant stock exchange or the registrar’s official announcements.
A-One Steels India IPO Registrar Details
Bigshare Services Private Limited
Office No. S-62, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road
Andheri East, Mumbai – 400093, Maharashtra, India
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: Bigshare Online
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Vinayak Morbale
SEBI Registration Number: INR000001385
A-One Steels India Limited Contact Details
A-One Steels India Limited
A-One House, No. 326
CQAL Layout, Ward No. 08, Sahakarnagar
Bangalore Urban, Karnataka – 560092, India
Telephone: 080-45646000
Email: legal@aonesteelgroup.com
A-One Steels India IPO Lead Managers
1. Khambatta Securities Limited
806, World Trade Tower, Tower B
Sector 16, Noida – 201301
Uttar Pradesh, India
Telephone: +91 99539 89693 / +91 120 441 5469
Email: ipo@khambattasecurities.com
Website: Khambatta Securities
Investor Grievance Email: mbcomplaints@khambattasecurities.com
Contact Person: Chandan Mishra
SEBI Registration Number: INM000011914
2. PL Capital Markets Private Limited
3rd Floor, Sadhana House
570, P.B. Marg, Worli
Mumbai – 400018, Maharashtra, India
Telephone: +91 22 6632 2222
Email: aonesteelsipo@plindia.com
Website: PL Capital
Investor Grievance Email: grievance-mbd@plindia.com
Contact Persons: Narendra Gamini / Vansh Nishar
SEBI Registration Number: INM000011237
A-One Steels India IPO: Key Points for Investors
- Industry: Steel manufacturing and related industrial products.
- Product portfolio: Sponge iron, MS billets, TMT bars, steel coils, pipes and tubes.
- Issue size: ₹405 crore, as supplied.
- Issue structure: ₹355 crore fresh issue and ₹50 crore offer for sale, as supplied.
- Financial performance: The supplied figures show a substantial increase in FY2026 profit after tax. Verify the audited figures and the reasons for this change.
- Important checks: Confirm the listing date, financial statements, investor-category lot calculations and registrar information before relying on this page.
Frequently Asked Questions (FAQs)
What was the A-One Steels India IPO price band?
The supplied price band was ₹385–₹405 per share.
What was the A-One Steels India IPO issue size?
The supplied total issue size was ₹405 crore, consisting of a ₹355 crore fresh issue and a ₹50 crore offer for sale.
What was the minimum investment for the A-One Steels India IPO?
Based on the supplied lot size of 37 shares, one lot at ₹405 per share required ₹14,985, excluding applicable charges.
When did the A-One Steels India IPO open and close?
The supplied opening date was 24 September 2026, and the closing date was 28 September 2026.
What was the A-One Steels India IPO allotment date?
The supplied allotment date was 29 September 2026. Investors should verify the final allotment result through the official registrar.
What was the A-One Steels India IPO listing date?
The supplied listing date of 1 September 2026 appears inconsistent because it precedes the IPO opening date. Confirm the correct date through official exchange announcements.
Where can investors check the allotment status?
The supplied content names Bigshare Services Private Limited as the registrar. Confirm the appointment and use its official allotment-status page to check the result.
Is the A-One Steels India IPO GMP a guaranteed listing indicator?
No. GMP is unofficial and does not guarantee the listing price or investment returns. Consider the company’s financials, offer document, valuation and risk factors as well.
Disclaimer
This page provides information for educational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. IPO dates, financial figures, lot sizes and allotment information should be verified against official exchange disclosures and the final offer document. Grey market premiums are unofficial and do not guarantee listing performance.