A-One Steels India Share Price: Stock Lists at 12.35% Premium on NSE
- 1st October 2026
- 10:00 AM
- 3 min read
Summary
A-One Steels India shares listed on the National Stock Exchange (NSE) at ₹455 on 1 October 2026, a premium of 12.35% over the initial public offering (IPO) price of ₹405. On the Bombay Stock Exchange (BSE), the stock listed at ₹462, a 14.07% premium. The ₹405 crore IPO was subscribed 12.23x when bidding closed on 28 September.Mumbai | 1 October 2026
Shares of A-One Steels India Limited, a steel manufacturer, listed on the NSE at ₹455 per share on Thursday, 1 October 2026, a premium of 12.35% to the issue price of ₹405. The IPO was open for bidding from 24 to 28 September 2026, and the company finalised the allotment on 29 September 2026.
What Was the A-One Steels India Listing Price on NSE and BSE?
A-One Steels India shares listed at ₹455 on the NSE and at ₹462 on the BSE, against an issue price of ₹405. The listing premium was 12.35% on the NSE and 14.07% on the BSE.
| Detail | NSE | BSE |
| Listing price | ₹455 | ₹462 |
| Listing premium | 12.35% | 14.07% |
How Did the A-One Steels India Listing Compare With the GMP?
Ahead of the listing, the grey market premium (GMP) for the A-One Steels India IPO stood at ₹46 on 1 October 2026. This indicated an estimated listing price of ₹451, a premium of 11.36% over the issue price. The stock listed at ₹455 on the NSE, above the level the GMP had indicated.
GMP is an unofficial, informal indicator and does not guarantee the actual listing price or future performance of the stock.
How Was the A-One Steels India IPO Subscribed?
The A-One Steels India IPO was subscribed 12.23x overall when bidding closed on 28 September 2026, up from 0.61x on the first day and 1.43x on the second. Non-institutional investors (NIIs) led demand at 25.80x. The company had earlier raised ₹120.90 crore from anchor investors (institutions that buy shares early at a fixed price).
| Category | Day 1 (24 September) | Day 2 (25 September) | Day 3 (28 September) |
| Qualified institutional buyers (QIBs), excluding anchor investors | 0.10x | 0.10x | 7.69x |
| NIIs | 0.81x | 2.18x | 25.80x |
| NIIs, bids above ₹10 lakh | 0.83x | 1.94x | 26.18x |
| NIIs, bids up to ₹10 lakh | 0.76x | 2.65x | 25.03x |
| Retail investors | 0.81x | 1.87x | 9.11x |
| Employees | 0.67x | 1.68x | 5.15x |
| Overall | 0.61x | 1.43x | 12.23x |
What Does A-One Steels India Do?
Bengaluru-headquartered A-One Steels India is a vertically integrated steel maker. Its operations run from sponge iron and mild steel (MS) billets through to finished products such as thermo-mechanically treated (TMT) bars, hot-rolled (HR) and cold-rolled (CR) coils, MS pipes, CR pipes, and galvanised pipes and tubes. The company also makes industrial products, including metallurgical (met) coke and ferroalloys.
What Are the Key Details of the A-One Steels India IPO?
The A-One Steels India IPO was worth ₹405 crore. It combined a fresh issue of new shares worth ₹355.02 crore with an offer for sale (OFS) of existing shares worth ₹49.98 crore. The company will use ₹250 crore of the net fresh issue proceeds to prepay or partly repay certain outstanding borrowings, and the rest for general corporate purposes.
| Detail | Information |
| Price band | ₹385 to ₹405 per share |
| Lot size | 37 shares |
| Minimum retail investment | ₹14,985 (one lot at ₹405) |
| Market capitalisation at issue price | ₹3,128.01 crore |
| Registrar | Bigshare Services Private Limited |
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