Markets / IPO / A-One Steels India

A-One Steels India IPO

Updated 17:40

Mainboard IPO on NSE and BSE · Iron & Steel Products

Status
Listed
Price band
₹385–405
Lot size
37 shares · ₹14,985
Subscribed
11.61×

How it listed

Issue price
₹405
Listing price (open)
₹455.00 +12.35%
First-day close
₹416.55 +2.85%
Price now
₹395.50 -2.35%
Listing day1 Oct 2026
Open / high / low / close₹455.00 / ₹470.00 / ₹393.70 / ₹416.55
Shares traded on NSE1,48,41,745
Market value at the listing-day close₹2,852 cr

Closing prices since listing: 26 Oct ₹369.95, 27 Oct ₹380.65, 28 Oct ₹374.20, 29 Oct ₹372.65, 30 Oct ₹371.00, 2 Nov ₹355.05, 3 Nov ₹369.50, 4 Nov ₹400.40, 5 Nov ₹387.05, 6 Nov ₹395.00.

A-One Steels India share price, live chart and technicals →

Key dates

Bidding opens24 Sept 2026
Bidding closes28 Sept 2026
Allotment29 Sept 2026
Refunds and shares in demat30 Sept 2026
Listing1 Oct 2026

Issue reservation

Investor groupShares% of issueMost applicants allotted
Anchor investors29,85,16028.79%–
Institutions (QIB)20,93,53120.19%–
HNI / NII15,70,13015.14%–
  HNI, above ₹10 lakh10,46,75310.09%422
  HNI, ₹2–10 lakh5,23,3775.05%1,010
Retail36,63,63735.33%99,017
Employees57,6360.56%–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

ApplicationLotsSharesAmount
Retail (minimum)137₹14,985
Retail (maximum)13481₹1,94,805
Small HNI (minimum)14518₹2,09,790
Small HNI (maximum)662,442₹9,89,010
Big HNI (minimum)672,479₹10,03,995

At ₹405 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance
At least 1 in 9
Retail allotments available
99,017 × one lot
Retail portion subscribed
8.64×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor categoryShares offeredShares bid forTimes subscribed
Institutions (QIB)20,93,5311,52,92,8037.30×
HNI / NII15,70,1303,84,82,88624.51×
  HNI, above ₹10 lakh10,46,7532,60,38,01024.88×
  HNI, ₹2–10 lakh5,23,3771,24,44,87623.78×
Retail36,63,6373,16,46,4338.64×
Employees57,6362,80,8674.87×
Total73,84,9348,57,02,98911.61×

NSE and BSE bids together, as of 28 Sept 2026 19:00.

Demand at each price

Top price ₹405581.90 lakh shares67.8%
Cut-off final price, whatever it is; mostly retail275.47 lakh shares32.1%
Lower prices ₹385–4040.79 lakh shares0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date23 Sept 2026
Anchor shares29,85,160
Raised from anchors₹120.90 cr
Lock-in ends for the first 50% (30 days)28 Oct 2026
Lock-in ends for the remaining 50% (90 days)27 Dec 2026 (in 51 days)

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹2,773 cr₹2,708 cr
P/E (last 12 months' profit)––
Revenue, last 12 months–
Profit, last 12 months–
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Iron & Steel Products

CompanyListedSubscribedOn listingSince IPO
Bombay Coated and Special Steels 5 Nov60.77×+10.98%+9.84%
German Green Steel and Power 5 Oct28.98×+2.16%-22.78%
Jindal Supreme (India) 23 Sept181.07×+29.03%+71.01%
Behari Lal Engineering 19 Aug108.44×+63.16%+59.14%
Rajputana Stainless 19 Mar1.12×0.00%+36.76%
Shri Kanha Stainless SME10 Dec–-2.22%-77.78%
VMS TMT 24 Sept102.27×+5.96%-56.66%
Sambhv Steel Tubes 2 Jul28.46×+34.15%+99.26%

IPO details

Price band₹385–405
Final issue price₹405
Lot size37 shares
Minimum investment₹14,985 (1 lot)
MarketNSE mainboard
Issue typeBook Building
Face value₹10 per Equity Share
IndustryIron & Steel Products
Issue size₹405.00 crore (about 1.00 crore shares) · Fresh issue + offer for sale: fresh ₹355.00 cr, offer for sale ₹50.00 cr
ISININE0OTC01025
RegistrarBigshare Services Private Limited
Helpline: +91 22 6263 8200, ipo@bigshareonline.com
Lead managersPL Capital Markets Private Limited and Khambatta Securities Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 29 Sept 2026. Check it on the registrar's page (Bigshare Services Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the A-One Steels India IPO price band and lot size?

The price band is ₹385–405 per share, and one lot is 37 shares (₹14,985 at the upper price).

When is the A-One Steels India IPO allotment date?

Allotment was finalised on 29 Sept 2026, the next working day after bidding closed on 28 Sept 2026.

How many times was the A-One Steels India IPO subscribed?

In total 11.61 times, on NSE and BSE together; retail 8.64 times.

What is the A-One Steels India IPO listing date?

It listed on 1 Oct 2026 on NSE and BSE.

What is the chance of getting A-One Steels India IPO shares?

At least 1 in 9 retail applicants got the minimum lot: 99,017 retail allotments with the retail portion subscribed 8.64 times. Winners are picked by lottery.

When does the A-One Steels India anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 28 Oct 2026 and the 90-day lock-in on the rest ends on 27 Dec 2026; they can sell from the next trading day.

What was the A-One Steels India listing gain?

It opened at ₹455.00 against an issue price of ₹405, a gain of 12.35%. It is now down 2.35% from the issue price.