A-One Steels India IPO

A-one Steels India Limited – Company Overview

• Incorporated in 2012, A-one Steels India Limited is a backward-integrated steel manufacturer with a diversified product portfolio comprising long steel, flat steel and industrial products used in steel manufacturing.
• The Company manufactures HR and CR coils from MS billets, which are further converted into HR pipes, CR pipes and galvanized tubes. It also manufactures TMT bars from MS billets.
• The Company manufactures industrial products such as met coke, silicon manganese and ferrosilicon, which are sold in the open market. Ferrosilicon is used in the steel industry for alloying.
• The Company's TMT bars are certified as green products by CII and are manufactured in various sizes at its Gauribidanur and Hindupur plants. The Company also sources significant green energy compared to its peers.
• The Company has entered into long-term power purchase agreements for solar and wind energy, ranging from 15 to 25 years, to support its manufacturing facilities in Karnataka and Andhra Pradesh.
• The Company has six manufacturing facilities, including five facilities in Karnataka at Gauribidanur, Bellary, Koppal and Chikkantapur, and one facility at Hindupur in Andhra Pradesh.
• Its manufacturing facilities are located close to major iron ore sources and within approximately 450 km of ports including Ennore, New Mangalore and Goa-Mormugao, supporting cost-effective transportation of products.
• The Company's products are used across construction and infrastructure sectors, including power plants, dams, airports, bridges, flyovers, stadiums, highways, marine structures, industrial buildings and high-rise residential construction.
• The Company manufactures sponge iron at its Koppal facility (Vanya Steels) and Bellary plant. It is also setting up a 10 MW power plant with waste heat recovery on 39.29 acres of land.
• Key Products:
  • Sponge Iron: Used as a raw material for manufacturing steel billets and other steel products.
  • MS Billet: Used for rolling into bars, rods and other structural steel products.
  • TMT Bars: Used for reinforcement in concrete structures across construction and infrastructure projects.
  • HR Coil: Used in manufacturing pipes, tubes, automotive frames and industrial equipment.
  • CR Coil: Used in precision instruments, automotive panels, appliances and other finished products requiring a smooth surface finish.
• As of November 30, 2024, the Company had 2,459 employees, comprising 1,377 permanent and 1,082 contractual employees, including 63 employees in its sales and marketing team.

• 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 proposes to utilise the Net Proceeds from the Issue towards the following objects: