A-One Steels India IPO Subscription Update: Issue Subscribed 0.58 on Day 1
On the first day, the A-One Steels India IPO received bids for 42,51,818 shares against 73,84,934 shares available for subscription, according to NSE data, with the issue subscribed 0.58 times.
The Retail Individual Investor (RII) category was subscribed 0.77 times, while the Non-Institutional Investor (NII) category stood at 0.77 times.
The Qualified Institutional Buyer (QIB) portion, excluding the anchor allocation, was subscribed 0.09 times at the time of the update. The employee portion was subscribed 0.63 times on Day 1.
Investors can also visit our IPO page to track subscription updates and other upcoming public issues.
A-One Steels India IPO Subscription Details
| Sr. No. | Category | No. of Times of Total Meant for the Category |
|---|---|---|
| 1 | Qualified Institutional Buyers (QIBs) | 0.09 |
| 2 | Non-Institutional Investors | 0.77 |
| 3 | Retail Individual Investors (RIIs) | 0.77 |
| 4 | Employees | 0.63 |
| - | Total | 0.58x |
A-One Steels India Overview & Purpose
The A-One Steels India IPO is offering a Rs 405 crore IPO, comprising a fresh issue of up to Rs 355 crore and an Offer for Sale (OFS) of up to Rs 50 crore.
- IPO Size: Rs 405 crore
- Fresh Issue: Up to Rs 355 crore
- Offer for Sale: Up to Rs 50 crore
- Price Band: Rs 385 to Rs 405 per share
- Minimum Lot Size: 37 shares
As the IPO comprises both a fresh issue and an Offer for Sale, the proceeds from the fresh issue will be received by the company, while the proceeds from the OFS will be received by the respective selling shareholders.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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