A-One Steels India Limited

listedRefreshing

NSE · Source: INVESTORGAIN

DRHP18 Sept 2026completed
RHP30 Sept 2026completed
Price band30 Sept 2026completed
Opened24 Sept 2026completed
Closed28 Sept 2026completed
Allotted29 Sept 2026completed
Listed1 Oct 2026completed

Price band

₹385–₹405

Issue size

₹405 Cr

Fresh issue

₹355 Cr

Offer for sale

₹50 Cr

GMP ₹46 (11.36%)grey-market · 22 days ago

Context

What the company does

A-One Steels operates in the steel manufacturing sector, with six facilities located in Karnataka and Andhra Pradesh. The company produces various steel products, including MS Billet, and has a significant installed capacity, although actual production figures indicate underutilization.

Industry opportunity

The steel industry in India is projected to grow, driven by demand from construction and automotive sectors. The government's initiatives, such as the PLI scheme, aim to enhance production capacity, which could benefit companies like A-One Steels if they can effectively capitalize on these opportunities.