A-One Steels India IPO GMP History
A-One Steels India IPO has been listed on October 1, 2026 at a listing price of ₹455, against the issue price of ₹405 — a gain of ₹50 (+12.35%). The GMP peaked at ₹64 on 19 September 2026 and reached a low of ₹28 on 28 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
A-One Steels India IPO raised ₹405 Cr. through its IPO at a price band of ₹385 to ₹405 per share, with a lot size of 37 shares. The IPO was open for subscription from 24 Sep 2026 to 28 Sep 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 7 Oct, 6:00 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 01 Oct 2026 | ₹ 47 | — | 11.60% | — | ₹ 1100 |
| 30 Sep 2026 | ₹ 47 | ▲ | 11.60% | — | ₹ 1100 |
| 29 Sep 2026 | ₹ 35 | ▲ | 8.64% | — | ₹ 800 |
| 28 Sep 2026 | ₹ 28 | ▼ | 6.91% | — | ₹ 700 |
| 27 Sep 2026 | ₹ 56 | ▼ | 13.83% | — | ₹ 1400 |
| 26 Sep 2026 | ₹ 57 | ▲ | 14.07% | — | ₹ 1400 |
| 25 Sep 2026 | ₹ 51 | ▲ | 12.59% | — | ₹ 1400 |
| 24 Sep 2026 | ₹ 49 | ▼ | 12.10% | — | ₹ 1400 |
| 23 Sep 2026 | ₹ 55 | ▲ | 13.58% | — | ₹ 1400 |
| 22 Sep 2026 | ₹ 50 | ▼ | 12.35% | — | ₹ 1800 |
| 21 Sep 2026 | ₹ 60 | — | 14.81% | — | ₹ 1800 |
| 20 Sep 2026 | ₹ 60 | ▼ | 14.81% | — | ₹ 1800 |
| 19 Sep 2026 | ₹ 64 | ▲ | 15.80% | — | ₹ 1800 |
| 18 Sep 2026 | ₹ 60 | ▲ | 14.81% | — | — |
| 17 Sep 2026 | ₹ 55 | — | 13.58% | — | — |
A-One Steels India IPO dates
Key dates from opening to listing. Today is 30 October.
- Open 24 Sep 2026
- Close 28 Sep 2026
- Allotment 29 Sep 2026
- Refund/credit 30 Sep 2026
- Listing 01 Oct 2026
A-One Steels India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹405 |
|---|---|
| GMP-based estimate (pre-listing) | ₹452 (+11.6%) |
| Listing gain / loss | +₹50 per share |
| Listing date | 01 Oct, 2026 |
| Actual listing price | ₹455 (+12.35%) |
Is A-One Steels India IPO GMP reliable?
Grey market premium for A-One Steels India IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the A-One Steels India IPO full review for a fundamentals-based assessment before making any grey market trades.
A-One Steels India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for A-One Steels India IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was Retail: ₹1100, BHNI: ₹15400. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About A-One Steels India IPO
A-One Steels India Limited was started in 2012. It is a backward integrated steel maker, which means it makes the raw material it later shapes rather than buying it in. Its range covers both long steel and flat steel products, along with industrial products used by other steel makers.
From its own MS billets it makes HR and CR coils, which it then converts into HR pipes, CR pipes and galvanized tubes. From the same billets it makes TMT bars, which are the ribbed rods used in construction. Alongside this it makes met coke and silicon manganese and ferrosilicon, which it sells in the open market. Ferrosilicon is used by the steel industry for alloying.
The company buys a large share of its power as green energy, holding solar and wind power purchase agreements running 15 to 25 years for its plants in Karnataka and Andhra Pradesh. Its TMT bars are certified as green products by the CII and are made at the Gauribidanur and Hindupur plants. It has six manufacturing facilities in all, five in Karnataka at Gauribidanur, Bellary, Koppal and Chikkantapur, and one at Hindupur in Andhra Pradesh. These sit close to major iron ore sources and within 450 km of the Ennore, New Mangalore and Goa-Mormugao ports.
Frequently asked
What is the GMP of A-One Steels India IPO?
The current Grey Market Premium (GMP) of A-One Steels India IPO is ₹ 47.
What is the Kostak Price of A-One Steels India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for A-One Steels India IPO is not available.
What is the Subject to Sauda Price of A-One Steels India IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is Retail: ₹1100, BHNI: ₹15400.
What was the actual listing price of A-One Steels India IPO?
A-One Steels India IPO listed on October 1, 2026 at ₹455, against the issue price of ₹405 — a gain of +12.35%.
How did the GMP of A-One Steels India IPO trend before listing?
The GMP of A-One Steels India IPO was stable in its final days before listing. The GMP peaked at ₹64 on 19 September 2026. View the day-wise table above for the complete GMP history.
Explore A-One Steels India IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
