Listed Mainboard

A-One Steels India IPO Subscription Status

Q: What is the current subscription status of A-One Steels India IPO?

As of IPO close date (28 Sep, 2026), the A-One Steels India IPO is subscribed 11.61x times. Retail category is 8.64x, and NII is 24.51x subscribed.

Q: When is the allotment date for A-One Steels India IPO?

The allotment for A-One Steels India IPO is expected to be finalized on 29 September, 2026.

Q: What is the GMP of A-One Steels India?

The Grey Market Premium (GMP) for A-One Steels India is currently ₹47, indicating a potential listing gain of 11.60%.

Q: When will A-One Steels India IPO list on the stock market?

A-One Steels India is scheduled to list on BSE and NSE on 01 October, 2026.

Q: What are the chances of getting allotment in A-One Steels India IPO?

The retail category is oversubscribed at 8.64x, meaning allotment is by lottery. Statistically, approximately 1 in 9 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

Q: What does QIB subscription of 7.3x mean for A-One Steels India IPO?

Moderate — QIBs have subscribed 7.3x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

Q: How to check A-One Steels India IPO allotment status?

After the allotment date (29 Sep, 2026), you can check your A-One Steels India IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

A-One Steels India IPO was subscribed 11.61 times when bidding closed on 28 Sep 2026: QIB 7.3x, NII 24.51x, Retail 8.64x.

The A-One Steels India IPO has been subscribed 11.61x times overall. Retail investors have shown interest with bids for 8.64x the shares available. The Non-Institutional Investor (NII) category has been subscribed 24.51x. Within NII, Big HNI (B-HNI) subscribed 24.88x and Small HNI (S-HNI) subscribed 23.78x. Qualified Institutional Buyers (QIBs) have subscribed 7.3x. Data last updated on 07 Oct, 06:00 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 24 Sep, 2026 and closes on 28 Sep, 2026. The shares are expected to list on stock exchanges on 01 Oct, 2026.

Full details Check GMP

Final subscription

11.61x

7,93,074 applications

Category-wise bids →

QIB

7.3x

Institutions · proportionate allotment

Why QIB matters →

NII / HNI

24.51x

bNII 24.88x · sNII 23.78x

HNI allotment odds →

Retail

8.64x

Lottery for 1 lot — about 1 in 9

Retail allotment odds →

Employee

4.87x

Employee reservation

Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated 7 Oct 2026, 6:00 PM IST Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Category	Offered	Applied	Amount (Cr)	Bid details	Times
QIB	20,93,531	1,52,92,803	619.36 Cr	1,52,92,803 of 20,93,531 21 applications 619.36 Cr	7.3x
1(a) Foreign Institutional Investors (FIIs)		60,09,540	243.39 Cr	60,09,540 243.39 Cr
1(b) Domestic Financial Institutions (Banks/FIs/Insurance)		6,24,301	25.28 Cr	6,24,301 25.28 Cr
1(c) Mutual Funds		0	0.00 Cr	0 0.00 Cr
1(d) Others		86,58,962	350.69 Cr	86,58,962 350.69 Cr
NII	15,70,130	3,84,82,886	1,558.56 Cr	3,84,82,886 of 15,70,130 33,566 applications 1,558.56 Cr	24.51x
2.1 Big NII — bid amount above ₹10 Lakh	10,46,753	2,60,38,010	1,054.54 Cr	2,60,38,010 10,273 applications 1,054.54 Cr	24.88
2.1(a) Corporates		3,96,011	16.04 Cr	3,96,011 16.04 Cr
2.1(b) Individuals (other than RIIs)		2,47,04,123	1,000.52 Cr	2,47,04,123 1,000.52 Cr
2.1(c) Others		9,37,876	37.98 Cr	9,37,876 37.98 Cr
2.2 Small NII — bid amount ₹2–10 Lakh	5,23,377	1,24,44,876	504.02 Cr	1,24,44,876 23,293 applications 504.02 Cr	23.78
2.2(a) Corporates		75,628	3.06 Cr	75,628 3.06 Cr
2.2(b) Individuals (other than RIIs)		1,18,75,076	480.94 Cr	1,18,75,076 480.94 Cr
2.2(c) Others		4,94,172	20.01 Cr	4,94,172 20.01 Cr
Retail	36,63,637	3,16,46,433	1,281.68 Cr	3,16,46,433 of 36,63,637 7,59,373 applications 1,281.68 Cr	8.64x
Employee	57,636	2,80,867	11.38 Cr	2,80,867 of 57,636 114 applications 11.38 Cr	4.87x
TOTAL	73,84,934	8,57,02,989	3,470.97 Cr	8,57,02,989 7,93,074 applications 3,470.97 Cr	11.61x

A-One Steels India IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹405, employees ₹367.

Applications

7,93,085

Allottees

97,259

Overall odds

1 in 8.2

Amount collected

₹3,539 Cr

Category	AppsApplications	Shares Applied	Shares Allotted	GotAllottees	Odds
QIB 3.68x subscribed	32	1,83,04,233 ₹741 Cr	49,80,719 3.68x subscribed	32	AllAll allotted
Ex. Anchor Ex. Anchor	21	1,51,55,940	19,95,559 · 7.62x	21	AllAll allotted
Anchor Anchor Investors	11	31,48,293	29,85,160 · 1.05x	11	AllAll allotted
NII (HNI) 25.60x subscribed	33,566	3,82,03,203 ₹1,547 Cr	14,94,217 25.60x subscribed	2,884	1 in 121 in 12
bNII >₹10L bNII — above ₹10 Lakh	10,273	2,58,52,122	9,96,145 · 25.98x	1,923	1 in 5.31 in 5.3
sNII <₹10L sNII — below ₹10 Lakh	23,293	1,23,51,081	4,98,072 · 24.82x	961	1 in 241 in 24
Retail 8.87x subscribed	7,59,373	3,08,88,895 ₹1,251 Cr	34,86,504 8.87x subscribed	94,229	1 in 8.11 in 8.1
Employees 0.78x subscribed	114	42,550 ₹1 Cr	42,550 0.78x subscribed	114	AllAll allotted
TOTAL 8.74x subscribed	7,93,085	8,74,38,881	1,00,03,990 8.74x subscribed	97,259	1 in 8.21 in 8.2

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 11.6% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 7.3x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date	Total	QIB	BHNI	SHNI	Retail	Employee
28 Sep 2026 Day 3	11.61x	7.3x	24.88x	23.78x	8.64x	4.87x	▼
QIB7.3x BHNI24.88x SHNI23.78x Retail8.64x Employee4.87x
25 Sep 2026 Day 2	1.35x	0.09x	1.84x	2.52x	1.76x	1.59x	▼
QIB0.09x BHNI1.84x SHNI2.52x Retail1.76x Employee1.59x
24 Sep 2026 Day 1	0.58x	0.09x	0.79x	0.72x	0.77x	0.63x	▼
QIB0.09x BHNI0.79x SHNI0.72x Retail0.77x Employee0.63x

A-One Steels India IPO dates

From the bidding window to listing. Today is 13 October.

Key dates Listed

Open 24 Sep 2026
Close 28 Sep 2026
Allotment 29 Sep 2026
Refund/credit 30 Sep 2026
Listing 01 Oct 2026

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

#	Anchor Investor	Group Entity	Shares Allotted	Amt (₹ cr.)	% Allocated	% of Issue
1	LRSD SECURITIES PVT.LTD.	RAJASTHAN GLOBAL GROUP	701124	₹28.40 Cr	23.49%	7.01%
2	MORGAN STANLEY ASIA (SINGAPORE) PTE.	MORGAN STANLEY	617308	₹25.00 Cr	20.68%	6.17%
3	LONGTHRIVE CAPITAL VCC-TRENDVIEW CAPITAL FUND	LONGTHRIVE CAPITAL VCC	493839	₹20.00 Cr	16.54%	4.94%
4	VIKASA INDIA EIF I FUND-SHARE CLASS P	VIKASA	308617	₹12.50 Cr	10.34%	3.08%
5	SB OPPORTUNITIES FUND II	SB OPPORTUNITIES FUND	246938	₹10.00 Cr	8.27%	2.47%
6	VENUS INVESTMENTS VCC-VENUS STELLAR FUND	VENUS INVESTMENTS	246938	₹10.00 Cr	8.27%	2.47%
7	ASHIKA GLOBAL FINANCE PVT.LTD.	ASHIKA	246938	₹10.00 Cr	8.27%	2.47%
8	TAURUS FLEXI CAP FUND	TAURUS MUTUAL FUND	86401	₹3.50 Cr	2.89%	0.86%
9	TAURUS ELSS TAX SAVER FUND	TAURUS MUTUAL FUND	24698	₹1.00 Cr	0.83%	0.25%
10	TAURUS MID CAP FUND	TAURUS MUTUAL FUND	11489	₹0.47 Cr	0.38%	0.11%
11	TAURUS INFRASTRUCTURE FUND	TAURUS MUTUAL FUND	870	₹0.04 Cr	0.03%	0.01%
	TOTAL		2,985,160	₹120.91 Cr	99.99%

A-One Steels India IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)

1 in 8

~13% chance per PAN — 759,373 applicants for 99,017 allotment slots. Winners get exactly 1 lot (₹14,985) by SEBI lottery, however many lots you bid.

Small HNI (₹2–10 L)

1 in 24

~4.3% chance — 23,293 applicants for 1,010 allotment slots. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.

Big HNI (above ₹10 L)

1 in 25

~4.1% chance — 10,273 applicants for 422 allotment slots. Lottery allots the minimum B-HNI application of 67 lots (₹10 L) per winner; the rest is proportionate.

QIB (institutions)

7.3x

Proportionate allotment — at 7.3x, institutions receive ~13.7% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of A-One Steels India IPO?

As of IPO close date (28 Sep, 2026), the A-One Steels India IPO is subscribed 11.61x times. Retail category is 8.64x, and NII is 24.51x subscribed.

When is the allotment date for A-One Steels India IPO?

The allotment for A-One Steels India IPO is expected to be finalized on 29 September, 2026.

What is the GMP of A-One Steels India?

The Grey Market Premium (GMP) for A-One Steels India is currently ₹47, indicating a potential listing gain of 11.60%.

When will A-One Steels India IPO list on the stock market?

A-One Steels India is scheduled to list on BSE and NSE on 01 October, 2026.

What are the chances of getting allotment in A-One Steels India IPO?

The retail category is oversubscribed at 8.64x, meaning allotment is by lottery. Statistically, approximately 1 in 9 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 7.3x mean for A-One Steels India IPO?

Moderate — QIBs have subscribed 7.3x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check A-One Steels India IPO allotment status?

After the allotment date (29 Sep, 2026), you can check your A-One Steels India IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore A-One Steels India IPO further

Track every stage of this IPO, from subscription to listing.

01 Next step

IPO details

It has listed — go back to the fundamentals.

₹385 to ₹405

Read the full profile

GMP today

Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.

GMP ₹47 (11.60%)

See the grey market

IPO review

What brokers and analysts are saying about this issue, in one place.

Strong Apply · 9 reviews

See the verdicts

Allotment status

Check with your PAN whether shares were credited to your demat account.

Allotment out · 29 Sep

Check my allotment

IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total

11.61x

QIB

7.3x

NII

24.51x

Retail

8.64x

Full IPO details