A-One Steels IPO Review 2026: Listing Dates, Allotment, GMP & Overview
A-One Steels IPO is a ₹405 crore book-built issue comprising a ₹355 crore fresh issue and ₹50 crore OFS. The IPO opens on September 24 and closes on September 28, 2026. The price band is ₹385-₹405 per share and the lot size is 37 shares. A-One Steels manufactures long and flat steel products and industrial steel products through six manufacturing facilities.
A-One Steels IPO Details
| IPO Date | 24 to 28 Sep, 2026 |
| Listing Date | Thu, Oct 1, 2026 (Tentative) |
| Face Value | ₹10 per share |
| Price Band | ₹385 to ₹405 per share |
| Lot Size | 37 Shares |
| Sale Type | Fresh Capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹38 per share |
| Retail Investment | ₹14,985 at upper price band |
| Lead Manager | PL Capital Markets Pvt. Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
A-One Steels IPO Issue Size
| Total Issue Size | 1,00,05,111 shares (aggregating up to ₹405 crore) |
| Fresh Issue | 87,70,544 shares (aggregating up to ₹355 crore) |
| Offer for Sale | 12,34,567 shares (aggregating up to ₹50 crore) |
| Shareholding Pre Issue | 6,84,65,270 shares |
| Shareholding Post Issue | 7,72,35,814 shares |
A-One Steels IPO Timetable
| IPO Open | Thu, Sep 24, 2026 |
| IPO Close | Mon, Sep 28, 2026 |
| Allotment | Tue, Sep 29, 2026 |
| Refund | Wed, Sep 30, 2026 |
| Credit of Shares | Wed, Sep 30, 2026 |
| Listing | Thu, Oct 1, 2026 |
Refer to RHP for detailed information.
About A-One Steels India Ltd.
Incorporated in 2012, A-One Steels India Limited is a backward-integrated steel manufacturer with a diversified portfolio of long and flat steel products and industrial products used in steel manufacturing.
The company manufactures HR and CR coils from MS billets and converts them into HR pipes, CR pipes and galvanized tubes. It also manufactures TMT bars from MS billets. Its industrial product portfolio includes met coke, silicon manganese and ferrosilicon.
A-One Steels operates six manufacturing facilities, including five in Karnataka and one in Hindupur, Andhra Pradesh. Its facilities are located close to major iron ore sources and within around 450 km of ports including Ennore, New Mangalore and Goa-Mormugao.
The company has power purchase agreements for solar and wind energy to support its manufacturing facilities. Its TMT bars have also been certified as green products by CII.
Key Products
- Sponge Iron: Used as a raw material in steel manufacturing.
- MS Billet: Used for producing bars, rods and structural steel products.
- TMT Bars: Used in construction and infrastructure projects.
- HR Coil: Used in pipes, tubes, automotive frames and industrial equipment.
- CR Coil: Used in automotive panels, appliances, precision instruments and finished goods.
A-One Steels IPO Competitive Strengths
- Backward-integrated steel manufacturing with a diversified product portfolio.
- Strategic manufacturing locations close to raw material sources and ports.
- Wide distribution network across multiple channels.
- Presence across construction, infrastructure and industrial end-use segments.
- Use of renewable energy through long-term solar and wind power arrangements.
- Integrated manufacturing capabilities covering several stages of steel production.
IPO Allotment & Application Status
Registrar: Bigshare Services Pvt.Ltd.
- NSE Bid Status: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- BSE Bid Status: https://www.bseindia.com/investors/appli_check.aspx
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A-One Steels IPO – Frequently Asked Questions
What is A-One Steels IPO?
A-One Steels IPO is a ₹405 crore book-built issue comprising a fresh issue of ₹355 crore and an offer for sale of ₹50 crore.
When will A-One Steels IPO open?
A-One Steels IPO will open for subscription on September 24, 2026.
When will A-One Steels IPO close?
The IPO will close on September 28, 2026.
What is the A-One Steels IPO price band?
The price band is ₹385 to ₹405 per share.
What is the A-One Steels IPO lot size?
The lot size is 37 shares. At the upper price band of ₹405, the minimum retail application amount is ₹14,985.
When is A-One Steels IPO allotment?
The tentative allotment date is September 29, 2026.
When will A-One Steels IPO list?
A-One Steels shares are proposed to list on BSE and NSE on October 1, 2026, subject to the IPO timetable.
Who are the lead manager and registrar of A-One Steels IPO?
PL Capital Markets Pvt. Ltd. is the book running lead manager, while Bigshare Services Pvt. Ltd. is the registrar.
Where can I find the A-One Steels IPO RHP?
The A-One Steels IPO RHP and related public-issue filing are available through SEBI.
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