Archive · 29 Sep 2026
A-One Steels IPO Allotment Check, GMP and Listing Details
A-One Steels India offered some of its shares to the public through an IPO.
People who applied can check online to see whether they received shares.
They can use the Bigshare Services website, the NSE website or the BSE website.
The allotment was expected to be completed on September 29.
Applicants may need their application number, PAN or investor account details.
The shares were offered for Rs 385 to Rs 405 each.
The company raised Rs 405 crore, and investors applied for more than 11 times the available shares.
The grey market premium was reported at roughly Rs 28 to Rs 31, but this unofficial figure does not guarantee the market price.
The shares were scheduled to begin trading on October 1.
A-One Steels IPO allotment was expected to be finalised on September 29, with status available through Bigshare Services, NSE and BSE.
Applicants can use application number, PAN, beneficiary ID or other details, depending on the platform, to check their status.
The IPO was open from September 24 to September 28 at a price band of Rs 385-405 per share.
The Rs 405 crore issue was subscribed 11.61 times overall, including 24.51 times by non-institutional investors.
The reported GMP ranged from Rs 28-30 to about Rs 31, while listing on NSE and BSE was scheduled for October 1.
- Who
- A-One Steels India Limited, its IPO applicants, Bigshare Services, NSE and BSE.
- What
- Applicants can check whether they were allotted A-One Steels IPO shares through the registrar or stock-exchange websites.
- When
- The IPO ran from September 24 to September 28; allotment was expected on September 29, refunds by September 30 and listing on October 1.
- Where
- Allotment status can be checked on the Bigshare Services, NSE and BSE websites; the shares were scheduled to list on NSE and BSE.
- Why
- The online checks allow applicants to find out whether they received shares before refunds and the market listing.
Cautious interpretation
Optimistic interpretation
Grey market premium
Cautious interpretation
The GMP was reported at Rs 28-30 in one account and about Rs 31 in another, and it had fallen from roughly Rs 54-56 during the initial bidding phase.
Optimistic interpretation
A GMP around Rs 31 implied a possible listing price of about Rs 436, or an estimated gain of roughly 7.65% from the upper price-band limit.
Meaning of GMP
Cautious interpretation
GMP is unofficial and may not accurately predict the actual listing performance.
Optimistic interpretation
The reported premium suggested that the shares could list above the IPO’s upper price of Rs 405, although this was only an indication.
- Price band
- Rs 385-405 per share
- Issue size
- Rs 405 crore, comprising a Rs 355 crore fresh issue and Rs 50 crore offer for sale
- Overall subscription
- 11.61 times, with nearly 8.18 lakh applications
- Subscription by category
- QIBs 7.30 times; NIIs 24.51 times; retail investors 8.64 times
- Lot size
- 37 equity shares and multiples thereafter
- Reported GMP
- Rs 28-30 in one report and about Rs 31 in another; GMP is unofficial
- Expected listing
- October 1 on NSE and BSE
- Registrar
- Bigshare Services Pvt. Ltd.
