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
Overall Subscription
1.43x
Total Demand
QIB Multiplier
0.10x
Institutions & Funds
NII / HNI
2.18x
High Net-Worth
Retail (RII)
1.86x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,987,592 | 196,766 | 0.10x |
| NIB | 1,491,825 | 3,251,412 | 2.18x |
| HNIs(10L +) | 994,550 | 1,928,514 | 1.94x |
| HNIs (2-10L) | 497,275 | 1,322,898 | 2.66x |
| RETAIL | 3,480,926 | 6,489,430 | 1.86x |
| EMPLOYEES | 54,496 | 91,945 | 1.69x |
| Total | 8,506,664 | 13,280,965 | 1.43x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 94,079 | 155,701 | 1.66x |
| EMPLOYEES | — | 1,406 | 0.00x |
| HNIs(10L +) | 1,920 | 753 | 0.39x |
| HNIs (2-10L) | 960 | 2,452 | 2.55x |
| Total Applications | 96,959 | 160,312 | 1.65x |
Day-Wise Subscription Progress
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 the issue size and price band for A-one Steels India Limited IPO?
The A-one Steels India Limited IPO aggregate issue size is ₹99,99,999 Crores with an equity price band set at ₹385 to ₹405 per equity share. The retail lot size is 37 shares requiring a minimum capital outlay of approx. ₹14,985.
How can I check A-one Steels India Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will A-one Steels India Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-09-29.