• IPO proceeds allocation: A-One Steels is launching a ₹405 crore IPO with a ₹355 crore fresh issue and a ₹50 crore OFS, deploying ₹250 crore toward debt repayment and ₹100 crore for general corporate purposes.
• Debt and earnings impact: Total debt stands near ₹1,000 crore, and repaying ₹250 crore at an average 9% interest rate is projected to add approximately ₹10 crore to ₹12 crore directly to profit before tax over six months.
• Green steel exports: The company operates at 85% to 90% capacity utilization with low carbon emissions of 0.67 tonnes per tonne powered by 230+ MW of renewable energy, anticipating European CBAM clearance within two to three months to enable premium export sales.
• Profitability and demand drivers: Net profit reached ₹127 crore in 2026 and EBITDA stood at ₹303 crore last year, supported by capex completion, protective import duties on HR coil and coke, and robust demand from major domestic infrastructure projects.
• Future capex roadmap: Four upcoming expansion projects under subsidiary Vigna Steels are backed by 100 acres of land, 1.2 million tonnes of environmental clearance, a 110 MW substation, and railway siding approval, funded primarily through internal cash flows and minimal term debt.