A-One Steels India
LISTEDIPO Date: 24 Sept - 28 Sept 2026
Listing Date: 1 Oct 2026
Price Range
Rs.385 - Rs.405
Issue Size
405 Cr
Min Investment
₹14,245
Min Application
37 Shares
Schedule of A-One Steels India
Issue open date
24 Sept 2026
Issue close date
28 Sept 2026
UPI mandate deadline
28 Sept 2026 (5 PM)
Allotment finalization
29 Sept 2026
Share credit
30 Sept 2026
Listing date
1 Oct 2026
Mandate end date
13 Oct 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 405 Cr |
| Fresh Issue | 355 Cr |
| Offer for Sale | 50 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 29 Sept 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 1 Oct 2026Latest | ₹405 | ₹46 | ₹451(+11.36%) |
| 30 Sept 2026 | ₹405 | ₹50 | ₹455(+12.35%) |
| 29 Sept 2026 | ₹405 | ₹35 | ₹440(+8.64%) |
| 28 Sept 2026 | ₹405 | ₹28 | ₹433(+6.91%) |
| 27 Sept 2026 | ₹405 | ₹56 | ₹461(+13.83%) |
| 26 Sept 2026 | ₹405 | ₹56 | ₹461(+13.83%) |
| 25 Sept 2026 | ₹405 | ₹51 | ₹456(+12.59%) |
| 24 Sept 2026 | ₹405 | ₹49 | ₹454(+12.1%) |
| 23 Sept 2026 | ₹405 | ₹55 | ₹460(+13.58%) |
| 22 Sept 2026 | ₹405 | ₹50 | ₹455(+12.35%) |
| 21 Sept 2026 | ₹405 | ₹60 | ₹465(+14.81%) |
| 20 Sept 2026 | ₹405 | ₹60 | ₹465(+14.81%) |
| 19 Sept 2026 | ₹405 | ₹64 | ₹469(+15.8%) |
| 18 Sept 2026 | ₹405 | ₹60 | ₹465(+14.81%) |
| 17 Sept 2026 | ₹405 | ₹55 | ₹460(+13.58%) |
Performance A-One Steels India
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.385 - Rs.405 | ₹ 455 (12.35%) | ₹ 376.95 | -6.93% |
About A-One Steels India
A-One Steels India Limited is a backward and vertically integrated steel manufacturer based in southern India, with a diversified portfolio comprising long and flat steel products and industrial products used in steel manufacturing. The company commenced operations in 2013 with the manufacturing of MS billets at its Gauribidanur facility. Its integrated manufacturing process covers the production of direct reduced iron (sponge iron), MS billets, and finished steel products, including TMT bars, HR coils, CR coils, HR (MS) pipes, CR pipes, and galvanised tubes and pipes. The company also manufactures met coke and ferro alloys, including silicon manganese and ferro silicon, for sale in the open market. The company and its subsidiaries operate six manufacturing units across Karnataka and Andhra Pradesh, with facilities located at Gauribidanur, Hindupur, Chikkantapur, Bellary, and Koppal.
| Founded in | 2012 |
| Managing director | Mr Sandeep Kumar |
| Parent organization |
Financial Overview
Strengths
5- 1
Integrated steel manufacturing model enabling captive consumption.
- 2
Broad product range spanning TMT bars, pipes, and coils.
- 3
Manufacturing units located near raw material mineral belts.
- 4
Diversified sales mix including distributors, retail, and institutional clients.
- 5
Established presence and operational footprint in South India.
Risks
5- 1
Revenue concentration in three key product categories.
- 2
Heavy regional dependency with over 50% sales in Karnataka.
- 3
Lack of long-term supply contracts for iron ore and coal.
- 4
Outstanding environmental, tax, and legal proceedings.
- 5
Substantial debt obligations with variable interest rate exposure
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 7.69 |
| Non-Institutional Investors (NIIs) | 25.8 |
| Retail Individual Investors (RIIs) | 9.11 |
| Employee | 5.15 |
| Total | 12.23 |