A-One Steels India Limited IPO

A-One Steels India Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

Total Issue

₹650.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

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.

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

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

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.

Shareholding

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

Frequently Asked Questions

What is A-One Steel IPO?
A-One Steel IPO is a Mainboard IPO having an issue size of ₹650.00 Crs. A-One Steel IPO is priced at ₹ - ₹ per share. The issue opens on 17 Apr 26 and closes on 17 Apr 26.
When will A-One Steel IPO open?
A-One Steel IPO opens on 17 Apr 26 and closes on 17 Apr 26.
What is the GMP of A-One Steel IPO?
The estimated Grey Market Premium of A-One Steel IPO is ₹0 per share (-).
What is the lot size of A-One Steel IPO?
The minimum lot size of A-One Steel IPO is 0 shares & the minimum application amount is Rs. 0.
When is the allotment of A-One Steel IPO?
The allotment date of A-One Steel IPO is 17 Apr 26.
What is the listing date of A-One Steel IPO?
The listing date of A-One Steel IPO is 17 Apr 26.
What is the subscription of A-One Steel IPO?
A-One Steel IPO is subscribed -.
What is the price band of A-One Steel IPO?
A-One Steel IPO is priced at ₹ - ₹ per share.
How to check allotment status of A-One Steel IPO?
Click the allotment link on A-One Steel IPO page of IPO360.
How to apply A-One Steel IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply A-One Steel IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply A-One Steel IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select A-One Steel IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date