IPO CalendarA-One Steels India IPO
MainboardA-One Steels India Limited is an Indian manufacturer and processor of secondary steel products, including TMT bars, structural steel, and wire rods for infrastructure and construction projects.
Verdict: Neutral
Issue progress
Subscription & allotment tracker
- Upcoming
Bidding opens
24 Sept
- Upcoming
Bidding closes
28 Sept
- Upcoming
Allotment
29 Sept
- Upcoming
Listing
01 Oct
Latest subscription
Subscription figures will appear once the exchange publishes bidding data.
Review
1. Grey market premium
★★★★★Grey market premium data is unavailable as price band details are yet to be announced.
2. Company financials
★★★★★The company operates in a low-margin, capital-intensive steel processing industry with moderate revenue stability.
3. Subscription status
★★★★★The bidding period has not commenced yet.
4. Anchor investors
★★★★★Anchor investor bidding details are not yet disclosed.
Company financials
Amount ₹ in Crores
| Period | Revenue | Expense | EBITDA | PAT | Assets |
|---|---|---|---|---|---|
| FY22 | — | — | — | — | — |
| FY23 | — | — | — | — | — |
| FY24 | — | — | — | — | — |
Subscription
Not open for bidding yet.
Anchor investors
Anchor investor names will appear once the exchange publishes the allocation letter.
Anchor allotment details have not been announced.
Risks
- CyclicalThe business is exposed to high volatility in raw material prices such as scrap steel and sponge iron.
- FinancialOperations require significant working capital to manage inventory and receivables.
- ValuationSecondary steel products face intense commoditized competition that severely caps pricing power and EBITDA margins.
Compiled automatically from official and unofficial public sources · review updated 12/9/2026, 9:09:39 am. GMP is an unofficial estimate and AI is used to gather and summarise this data — verify before investing. Not investment advice.