A-One Steels India Limited IPO Subscription Update: Issue Subscribed 11.42x on Day 3
The A-One Steels India Limited IPO saw strong demand on its final day, with investors bidding for 8,42,51,812 shares against 73,84,934 shares offered, resulting in an overall subscription of 11.41 times till 28-Sep-2026 16:06 PM.
The NII category recorded the highest demand at 24.44x, with bids for around 3,83,81,284 shares against 15,70,130 shares reserved. The retail portion was subscribed 8.27x, receiving bids for approximately 3,03,02,741 shares against 36,63,637 shares offered.
The employee category was subscribed 4.77x, while the QIB portion stood at 7.30x at the time of the latest update.
| SR. NO. | CATEGORY | NO OF TIMES OF TOTAL MEANT FOR THE CATEGORY |
|---|---|---|
| 1. | Qualified Institutional Buyers (QIBs) | 7.30 |
| 2. | Non-Institutional Investors | 24.44 |
| 3. | Retail Individual Investors (RIIs) | 8.27 |
| 4. | Employees | 4.77 |
| - | Total | 11.41 |
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. The issue is priced in the range of Rs 385 to Rs 405 per share, with a minimum lot size of 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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