A-One Steels India Limited IPO | Key Dates, Price Band, and Lot Size
A-One Steels India Limited is launching a ₹405.00 crore IPO, opening for subscription on September 24, 2026. The IPO will close on September 28, 2026. The shares will be listed on NSE and BSE, with a tentative listing date of October 1, 2026.
The price band is set at ₹385 – ₹405 per share, and the minimum lot size is 37 shares. For retail investors, the minimum investment is ₹14,985 (37 shares) at the upper band. In comparison, sNII investors must apply for 518 shares (₹2,09,790), while bNII investors must apply for 2,479 shares (₹10,03,995).
The A-One Steels IPO includes a fresh issue of 87,65,432 shares worth ₹355 crore and an offer for sale (OFS) of 12,34,567 shares worth ₹50 crore. Employees are offered shares at a discount from the final issue price.
Here are the quick steps to apply for the A-One Steels India Limited IPO!
A-One Steels India Limited | IPO Details
| Detail | Information |
|---|---|
| IPO Opening Date | September 24, 2026 |
| IPO Closing Date | September 28, 2026 |
| Tentative IPO Listing Date | October 1, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹385 – ₹405 per share |
| Lot Size | 37 shares |
| Total Issue Size | 99,99,999 shares (₹405 Cr) |
| Fresh Issue | 87,65,432 shares (₹355 Cr) |
| Offer for Sale (OFS) | 12,34,567 shares (₹50 Cr) |
| Employee Discount | As per RHP |
| IPO Segment | Main Board – Book Building |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 6,84,65,270 shares |
| Shareholding Post-Issue | 7,72,30,702 shares |
| Market Cap (At Upper Price) | ₹3,127.84 Cr |
A-One Steels India Limited | Company Overview
A-One Steels India Limited is a backwards-integrated steel manufacturer with a diversified product portfolio spanning both long and flat steel products as well as industrial inputs used in steel manufacturing. The company manufactures HR and CR coils from MS billets, which are converted into HR pipes, CR pipes, and galvanised tubes. It also produces TMT bars, sponge iron, MS billets, met coke, silicon manganese, and ferrosilicon.
The company operates six manufacturing facilities, five in Karnataka (Gauribidanur, Bellary, Koppal, Chikkantapur) and one in Hindupur, Andhra Pradesh, located within 450 km of major ports including Ennore, New Mangalore, and Goa-Mormugao.
As of November 30, 2024, the company had 2,459 employees, including 1,377 permanent and 1,082 contractual workers.
Considering the A-One Steels IPO?
Subscription open September 24–28, 2026 · Price band ₹385–₹405 · Min. investment ₹14,985
A-One Steels India Limited | Key Dates
- IPO Opening Date: September 24, 2026
- IPO Closing Date: September 28, 2026
- Allotment Date: September 29, 2026
- Refunds Initiated: September 30, 2026
- Shares Credited to Demat: September 30, 2026
- Listing Date: October 1, 2026
- Cut-off Time for UPI Mandate Confirmation: Typically 5 PM on the IPO closing date (September 28, 2026)
A-One Steels IPO | Lot Size & Investment
Investors can bid for a minimum of 37 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 37 | ₹14,985 |
| Retail (Max) | 13 | 481 | ₹1,94,805 |
| S-HNI (Min) | 14 | 518 | ₹2,09,790 |
| S-HNI (Max) | 66 | 2,442 | ₹9,89,010 |
| B-HNI (Min) | 67 | 2,479 | ₹10,03,995 |
Investor Category Reservations
| Category | Limit | Cut-off |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee (EMP) | Up to ₹5 Lakhs | Yes |
| Employee + RII/NII | Up to ₹5 Lakhs (EMP) + RII/NII limits | Yes (EMP/RII) |
Shares are reserved as follows: not more than 50% of the Net Offer for QIBs, not less than 35% for Retail investors, and not less than 15% for NII investors.
A-One Steels India Limited | Financial Overview
A-One Steels India Limited’s revenue increased by 18% between the financial years ending March 31, 2026 and March 31, 2025.
Here’s a snapshot of its year-on-year financial performance:
| Detail | 31-Mar-26 | 31-Mar-25 | Change | Change % |
|---|---|---|---|---|
| Assets | 3,191.31 | 2,753.06 | +438.25 | +15.92% |
| Total Income | 4,202.05 | 3,569.63 | +632.42 | +17.72% |
| Profit After Tax | 127.41 | 7.71 | +119.70 | +1,552.01% |
| EBITDA | 303.64 | 174.06 | +129.58 | +74.45% |
| Net Worth | 819.52 | 676.63 | +142.89 | +21.12% |
| Total Borrowing | 1,010.94 | 963.67 | +47.27 | +4.90% |
A-One Steels IPO | FAQs
When does the A-One Steels IPO open and close?
The A-One Steels IPO opens on September 24, 2026, and closes on September 28, 2026.
What is the price band and lot size for the A-One Steels IPO?
The price band for the A-One Steels IPO is ₹385 – ₹405 per share, and the minimum lot size is 37 shares. Retail investors must apply for at least 1 lot (37 shares), amounting to ₹14,985 at the upper band.
How can I check the allotment status of the A-One Steels IPO?
You can check the A-One Steels IPO allotment status on the registrar’s website, Bigshare Services Pvt. Ltd., using your PAN, Application Number, or DP ID, or via the NSE/BSE issue information pages.
Who is the registrar for the A-One Steels IPO?
The registrar for the A-One Steels IPO is Bigshare Services Pvt. Ltd.
What is the refund and Demat credit date for the A-One Steels IPO?
A-One Steels IPO refunds will be initiated on September 30, 2026, and shares will be credited to Demat accounts on the same day.
What is the face value of A-One Steels IPO shares?
The face value of shares under the A-One Steels IPO is ₹10 per share.