A-one Steels India Limited
OpenMainboardMetals & Mining · NSE / BSE
A-One Steels India Limited, originally incorporated as A-One Steel and Alloys Private Limited in April 2012, was renamed A-One Steels India Private Limited in June 2024 and later converted into a public limited company in December 2024. Established in 2009, the A-One Steel Group is a steel manufacturer in South India with an integrated manufacturing setup focused on quality, innovation and sustainability. The Company produces HR and CR coils, HR/CR pipes, galvanized tubes, TMT bars, met coke, silicon manganese and ferrosilicon. It operates six manufacturing facilities across Karnataka and Andhra Pradesh, strategically located near major iron ore sources and within 450 km of key ports, supporting efficient transportation. Its products are used in construction, infrastructure, power plants, dams, airports, bridges, flyovers, stadiums, highways, marine structures, industrial buildings and high-rise residential projects. The Company also manufactures sponge iron at its Koppal and Bellary facilities and is setting up a 10 MW power plant with waste heat recovery on 39.29 acres of land. It further sources renewable energy through long-term solar and wind power purchase agreements, supporting its operations and sustainability initiatives.
Price Band
₹385 – ₹405
Issue Size
₹1000.00 L Cr
Lot Size
37 shares
GMP
₹51
+12.6%
Est. Listing
₹456
at current GMP
Subscribed
1.43x
overall
Open
24 Sep 2026
Close
28 Sep 2026
Allotment
29 Sep 2026
Refund
30 Sep 2026
Demat Credit
1 Oct 2026
Listing
1 Oct 2026
Last updated 2 days ago
Live Grey Market Premium
A-one Steels India Limited GMP Today
Last updated: 25 Sept 2026
Current Premium
₹51+12.6%
Issue Price (Upper)
₹405
Band: ₹385 – ₹405
Estimated Listing Price
₹456
Upper price + GMP
Lot Size
37 shares
Min investment ₹14,985
Estimated Profit / Lot
₹1,887
37 × ₹51
A-one Steels India Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹51
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹51 | 12.6% | ₹456 |
| 26 Sep 2026 | +₹51 | 12.6% | ₹456 |
| 25 Sep 2026 | +₹46 | 11.3% | ₹451 |
GMP is unofficial market data. Not a guarantee of listing performance.
About A-one Steels India Limited Public Issue & Market Profile
A-one Steels India Limited is bringing an initial public offering (IPO) in the Metals & Mining sector with an aggregate issue size of ₹99,99,999 Crores. The shares are offered at a price band of ₹385 to ₹405 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2026-09-28, the basis of allotment is scheduled to be finalized on 2026-09-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is A-one Steels India Limited IPO GMP today?
The latest grey market premium for A-one Steels India Limited IPO is ₹51, which indicates an expected listing price of ₹456.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.