A-One Steels India Limited IPO
A-One Steels India Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

Business Overview

A-One Steel operates six manufacturing facilities, with five units located in Karnataka at Gauribidanur, Bellary (two units), Koppal, and Chikkantapur, and one unit located at Hindupur in Andhra Pradesh. These facilities are fully backward integrated, enabling the Company to control the entire production chain, starting from iron ore processing to sponge iron manufacturing, followed by the production of MS billets. The billets are further processed into a wide range of finished products, including TMT bars, HR coils, CR coils, HR pipes, CR pipes, and galvanized tubes and pipes. This integrated manufacturing model ensures consistent quality control, reliable intermediate product availability, operational efficiency, and improved margin sustainability across the value chain.

A-One Steel IPO Size

Fresh Issue
₹600 Cr (TBA Shares)
Offer For Sale
₹50 Cr (TBA Shares)

Objects of Issue

  1. Equity investment in subsidiary Vanya Steels Private Limited for equipment purchase & civil works expansion.
  2. Equity investment in subsidiary Vanya Steels Private Limited for investment in group captive companies for solar energy procurement.
  3. Payment of a portion of certain outstanding borrowings availed by the Company
  4. General Corporate Purpose

A-One Steel IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for A-One Steel IPO
Particulars Jun-24 Mar-24 Mar-23 Mar-22
Revenue 9,546.08 38,342.13 31,635.19 27,568.36
PAT 161.83 389.14 976.97 1,006.50
Net Worth 6,052.69 4,264.37 3,625.84 2,647.05
Borrowings 10,987.82 10,425.29 11,260.41 4,599.91
Assets 23,872.42 23,958.72 19,738.98 11,079.26
NAV (₹) 101.16 72.80 61.90 45.19
EPS (₹) 2.70 6.64 16.68 17.18

Key Performance Indicators (KPIs)

EBITDA

5.18%

PAT

1.01%

ROE

9.42%

ROCE

10.45%

Debt to Equity

2.34

  • All the data pertains to FY 2023-24
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

85.86%

Public

14.14%

Sandeep Kumar 32.81%
Sunil Jallan 30.29%
Krishan Jalan 22.46%
Others 0.30%

Management

Sunil Jallan
Chairman
Sandeep Kumar
MD
Saurabh Jindal
CFO

Registrar & Lead Managers

Company Details

Name: A-One Steels India Limited

Address: A-One House No. 326, CQAL Layout, Ward No. 08, Sahakarnagar, Bangalore – 560 092, Karnataka, India

Number: 080-4564 6000

Email: legal@aonesteelgroup.com

Website: https://www.aonesteelgroup.com/

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