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Company Profile

Founded in 2012, A-one Steels India Limited is a backward-integrated manufacturer producing a diversified portfolio of long, flat, and industrial steel products. Its output includes sponge iron, MS billets, TMT bars, HR and CR coils, galvanized tubes, met coke, and ferrosilicon for construction, automotive, and industrial applications. Operating six strategically located facilities across Karnataka and Andhra Pradesh, the company benefits from proximity to major iron ore sources and key shipping ports, while expanding its capacity through an integrated 10 MW waste heat recovery power plant.

Emphasizing sustainability, A-one Steels sources substantial green energy via long-term solar and wind power purchase agreements. Its TMT bars are certified green products by the CII, reflecting a commitment to environmentally conscious manufacturing. By maintaining controlled supply chains and broad product lines, the company serves critical infrastructure projects including highways, bridges, airports, and high-rise developments.

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*Market cap @upper band

• One of the largest backward integrated steel products manufacturers in southern India with a wide product portfolio.
• Business operations capitalizing on the strategic location advantage.
• Widespread, well-connected distribution network with a presence across multiple channels.
• Well-positioned in an industry with high entry barriers to benefit from favorable trends; command in the pricing of products with the ability to control the cost of manufacturing.
• Strong brand recall driven by high quality, innovative, and wide range of products.
• Leading company in the use of green energy for manufacture of steel products.

The Company A-ONE STEELS INDIA LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

• Pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by the Company (Rs. 250.00 Cr.)
• General Corporate Purposes

At the upper band of IPO Rs. 405, the stock is valued at 24.55 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.