A-One Steels India made a robust debut on Thursday, October 1, 2026, listing at a premium over its IPO issue price of ₹405 per share. According to reports from Goodreturns, the shares opened at ₹455 on the NSE, representing a 12.35% premium over the issue price. On the BSE, the stock debuted at ₹462, translating into a 14.07% listing gain. At the NSE listing price, investors who received shares in the IPO saw a gain of ₹50 per share, while on the BSE, the gain stood at ₹57 per share.
The A-One Steels India IPO received strong investor demand during its three-day bidding period, achieving 12.23 times overall subscription. As reported by Goodreturns, the QIB portion was subscribed 7.69 times, while the NII portion saw 25.80 times subscription. The retail portion was subscribed 9.11 times, and the employee portion recorded 5.15 times subscription. The company received bids for more than 8.57 crore shares against around 70.15 lakh shares available during the subscription period.
According to Goodreturns, A-One Steels India launched its ₹405-crore book-built IPO between September 24 and September 28, 2026, with a price band fixed at ₹385 to ₹405 per share. The issue comprised a fresh issue of ₹355 crore and an offer for sale (OFS) of ₹50 crore, with each share having a face value of ₹10. The IPO was listed on both the NSE and BSE on October 1, 2026.
As reported by Goodreturns, at 11:32 AM, A-One Steels shares were trading at ₹415.20 on the NSE, which was 2.52% above the IPO issue price but 8.75% below its NSE listing price. Since this represents intraday data, the price may have changed subsequently. The company is a steel manufacturer with operations primarily in southern India, headquartered in Sahakarnagar, Bengaluru, Karnataka, involved in production of long and flat steel products including TMT and pipes.
