A-One Steels India Limited logo

A-One Steels India IPO: GMP, subscription and allotment status

MainboardBigshare ServicesCloses28 Sept

0.00×Undersubscribed

Subscription as of 05:24 IST, from NSE bid data

GMP
50
+12.3%as of 23 Sept, 14:30 IST
Est. listing
455
+12.3% on issue price
Price band
385–405
Lot
37 shares
Min. 14,985

Allotment

Expected 29 Sept.

Allotment ~29 Sept

Dates

2428 Sept · allot 29 · list 1 Oct

Refunds and shares in your demat account on 30 Sept.

Subscription by category

Retail
Non-institutional (NII)
Qualified institutional (QIB)
Total
0.00×
Undersubscribed

Shares bid for

Total
Offered 0
Bid for 0
0.00×

As of 05:24 IST.

GMP day by day

23 Sept 2026
GMP 50
Est. listing 455 +12.3%
22 Sept 2026
GMP 60
Est. listing 465 +14.8%
21 Sept 2026
GMP 60
Est. listing 465 +14.8%
19 Sept 2026
GMP 60
Est. listing 465 +14.8%
18 Sept 2026
GMP 55
Est. listing 460 +13.6%
17 Sept 2026
GMP 55
Est. listing 460 +13.6%

Recorded once a day from IPOWatch's GMP table. GMP is unofficial and doesn't guarantee a listing price.

Issue details

Segment
Mainboard
Face value
₹10
Issue type
Book build Issue
Fresh issue
₹355 Crores
Offer for sale
12,34,567 Equity Shares
Listing at
BSE, NSE
Registrar
Bigshare Services
NSE symbol
AONESTEELS

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 37 shares
14,985
Retail Maximum
13 lots, 481 shares
1,94,805
S-HNI Minimum
14 lots, 518 shares
2,09,790
S-HNI Maximum
66 lots, 2,442 shares
9,89,010
B-HNI Minimum
67 lots, 2,479 shares
10,03,995

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Investment in the Indian Subsidiary, Vanya Steels Pvt.Ltd. for purchase of equipment /machineries and civil works for expansion of facility
344.37 Cr
Equity Investment in Indian Subsidiary of the company, Vanya Steels Pvt.Ltd. for investment in Group Captive power for procurement of Solar energy
40.00 Cr
Pre-payment or partial re-payment of a portion of certain outstanding borrowings availed by the Company
100.00 Cr
General Corporate Purposes

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹4,202.05 Cr+17.7% on 2025

Profit, ₹ crore

₹127.41 Cr+1552.5% on 2025

Assets, ₹ crore

₹3,191.31 Cr+15.9% on 2025

2026
Revenue 4,202.05
Profit 127.41
2025
Revenue 3,569.63
Profit 7.71
2024
Revenue 3,862.44
Profit 38.91

In ₹ crore, for the years the offer document reports.

ROE
14.76%
ROCE
12.86%
EBITDA Margin
7.29%
PAT Margin
3.06%
Debt to equity ratio
1.17
Earning Per Share (EPS)
₹18.47 (Basic)
Return on Net Worth (RoNW)
15.43%
Net Asset Value (NAV)
₹119.70

Listed peers

MSP Steel and Power Limited
P/E 61.52
EPS 0.60
Jai Balaji Industries Ltd.
P/E 45.76
EPS 1.42
Shyam Metallics and Energy Ltd.
P/E 28.31
EPS 38.10

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

QIB
50%
NII
15%
Retail
35%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Sandeep Kumar, Sunil Jallan and Krishnan Kumar Jalan
Promoter holding
85.86% before the IPO, 74.52% after
Lead managers
PL Capital Markets Pvt. Ltd., Khambatta Securities Ltd.

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More Mainboard IPOs

Frequently asked questions

What is the GMP of A-One Steels India IPO today?
The grey-market premium is ₹50, which points to a listing around ₹455 (+12.3% on the issue price), as of 14:30 IST on 23 September 2026. GMP is unofficial and doesn't guarantee a listing price.
How many times has A-One Steels India IPO been subscribed?
0.00× overall, as of 05:24 IST on 24 September 2026, from NSE bid data.
When does A-One Steels India IPO open and close?
Bidding runs from 24 September 2026 to 28 September 2026.
What is the A-One Steels India IPO allotment date?
Allotment is expected on 29 September 2026.
When will A-One Steels India IPO list?
Listing is expected on 1 October 2026.
What is the lot size and minimum investment for A-One Steels India IPO?
One lot is 37 shares, so the minimum investment at the upper price of ₹405 is ₹14,985.
How do I check A-One Steels India IPO allotment status?
Bigshare Services is the registrar. Once allotment is out, check it by PAN on the Bigshare Services website or right here.