A-One Steels IPO Listing: Shares Debut At ₹455 On NSE And BSE Against ₹405 Issue Price

Mumbai, October 1, 2026: A-One Steels shares made their stock market debut at ₹455 per share on NSE and BSE on Thursday, October 1, 2026. The listing price was ₹50, or 12.35% above, the company’s final IPO price of ₹405 per share.

The debut followed A-One Steels’ ₹405 crore IPO, which received 12.23 times overall subscription during the September 24–28 bidding period.

A-One Steels Shares Debut At ₹455

A-One Steels shares started trading at ₹455, compared with the final IPO price of ₹405. This resulted in a listing premium of ₹50 per share.

The company’s IPO had a price band of ₹385–₹405 per share, with the final issue price fixed at the upper end of the band.

At the time of listing, the shares therefore began trading above the price at which they were allotted to investors.

Shares Trade At ₹455 In Early Market Snapshot

After debuting at ₹455, A-One Steels shares were trading at ₹455 at 9:55:02 AM IST on October 1.

The price was ₹50, or 12.35% above the ₹405 IPO issue price. The available market chart subsequently showed the stock moving above the listing level before trading lower during the morning session.

₹405 Crore IPO Combined Fresh Issue And OFS

A-One Steels raised ₹405 crore through a combination of fresh issue and offer for sale.

The fresh issue comprised 87,70,544 shares aggregating to ₹355 crore, while existing shareholders offered 12,34,567 shares worth ₹50 crore through the OFS component.

The total issue size stood at 1,00,05,111 shares.

IPO Received 12.23 Times Subscription

The A-One Steels IPO received 12.23 times overall subscription by the close of bidding on September 28.

The QIB category, excluding anchor investors, was subscribed 7.69 times, while the NII portion received 25.80 times subscription. The retail category was subscribed 9.11 times. The employee portion was subscribed 5.15 times.

Overall, investors placed bids for 8,57,66,296 shares against 70,14,839 shares offered, while the IPO received a total of 8,17,917 applications.

NII Category Gets 25.80 Times Subscription

The NII category received bids for 3,84,82,886 shares against 14,91,825 shares offered, resulting in subscription of 25.80 times.

Within the NII segment, applications above ₹10 lakh were subscribed 26.18 times, while applications below ₹10 lakh received 25.03 times subscription.

NII subscription increased from 2.18 times on September 25 to 25.80 times on the final bidding day.

Retail Investors Subscribe 9.11 Times

The retail portion received bids for 3,17,09,740 shares against 34,80,926 shares offered, taking subscription to 9.11 times.

The IPO lot size was fixed at 37 shares. At the upper end of the price band, the minimum retail application required ₹14,985.

Retail subscription increased from 1.87 times on September 25 to 9.11 times on the final bidding day.

QIB Portion Subscribed 7.69 Times

The QIB portion excluding the anchor allocation was subscribed 7.69 times.

Investors in this category placed bids for 1,52,92,803 shares against 19,87,592 shares offered. QIB subscription stood at 0.10 times on September 24 and September 25 before increasing to 7.69 times on the final bidding day.

The anchor portion comprised 29,85,160 shares.

A-One Steels IPO Lot Size And Issue Details

The IPO lot size was fixed at 37 shares, with the retail application amount at the upper price-band level standing at ₹14,985.

The issue also included an employee reservation of 54,496 shares, with eligible employees offered a discount of ₹38 per share to the issue price.

The issue opened on September 24, 2026, and closed on September 28. The basis of allotment was finalised on September 29, while shares were credited to successful applicants on September 30.

A-One Steels shares were listed on NSE and BSE on October 1, 2026.

A-One Steels Listing Follows IPO Subscription Of 12.23 Times

The company entered the secondary market at ₹455 on October 1, compared with its ₹405 IPO issue price.

At 9:55:02 AM IST, A-One Steels shares were trading at ₹455, representing a 12.35% premium to the IPO issue price and remaining unchanged from the listing price.

Conclusion

A-One Steels shares debuted at ₹455 on NSE and BSE, marking a 12.35% premium to the ₹405 IPO price. At 9:55:02 AM IST, the shares were trading at ₹455, unchanged from the listing price and 12.35% above the issue price. The ₹405 crore IPO received 12.23 times overall subscription, with QIB, NII and retail portions subscribed 7.69 times, 25.80 times and 9.11 times, respectively.

Source:

• https://www.nseindia.com/get-quote/equity/AONESTEELS/A-One-Steels-India-Limited