ListedMainboard

A-One Steels India Limited

AONESTEELS24 Sept 2026 – 28 Sept 2026INE0OTC01025
On listing day it
+2.9%
listing-day close vs issue price
Since then, against the issue price
-4.4%
₹387.05 on 5 Nov 2026

Against an issue price of ₹405. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹405
final issue price
Issue size
—
Lot size
37 sh
₹14,985 a lot
Listed on
1 Oct 2026
NSE
Now trading as AONESTEELS — see its filed financials and price history →
Notes

A-One Steels India Limited was a mainboard initial public offer.

The book was open from 24 September 2026 to 28 September 2026.

The issue was priced at ₹405 a share, from a band of ₹385 to ₹405.

As of the exchange's 28-Sep-2026 19:00:00 update the book was subscribed 11.6 times the shares on offer, counting bids on NSE and BSE together.

Against their reserved portions: qualified institutional buyers 7.30 times, non-institutional investors 24.51 times, retail investors 8.64 times and employees 4.87 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.

2.75 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.

The shares listed on 1 October 2026.

The last official close on file is ₹387 (5 November 2026), which is 4.4% below the issue price.

It now trades as AONESTEELS, and its filed financials are on its company page.

How it has done since listing
NSE close · 5 Nov 2026
Issue price
₹405
final issue price
Listing-day move
+2.9%
listing-day close vs issue price
Now vs issue price
-4.4%
5 Nov 2026
Since first close
—

Shares sold in the issue at ₹405 last closed at ₹387.05.

See AONESTEELS’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Issue price
₹405
face value ₹10
Lot size
37 sh
₹14,985 a lot
Registrar
Bigshare Services Private Limited
Lead managers
  • PL Capital Markets Private Limited
  • Khambatta Securities Limited
What happens when
5-day book
  1. Bidding opens24 Sept 2026
  2. Bidding closes28 Sept 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing1 Oct 2026
How the bidding is going
as of 28-Sep-2026 19:00:00
11.61x
NSE + BSE combined
8.57 cr bid against 73.85 L offered
captured 29 Sept 2026, 7:00 pm IST

Investors have bid for 11.61 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.

Institutional buyers (QIB)28% of the offer reserved7.30x
1,52,92,803 bid · 20,93,531 offered
Non-institutional (HNI)21% of the offer reserved24.51x
3,84,82,886 bid · 15,70,130 offered
Retail50% of the offer reserved8.64x
3,16,46,433 bid · 36,63,637 offered
Employees1% of the offer reserved4.87x
2,80,867 bid · 57,636 offered
NSE bids only — a different figure7.07x

Bids placed on NSE alone, excluding BSE. It is smaller than the 11.61x headline above and the two must never be compared or added together.

Where in the price band the bids sit
as of 28 Sept 2026, 7:00 pm IST

Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.

₹385
₹386
₹387
₹388
₹389
₹390
₹391
₹392
₹393
₹394
₹395
₹396
₹397
₹398
₹399
₹400
₹401
₹402
₹403
₹404
₹405

The columns are near-identical because they are: demand falls only 0.09% between ₹385 and ₹405, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.

Bid at cut-off (no price named)
2.75 cr

These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.

Drop from ₹385 to ₹405
0.09%

How much of the demand falls away between the bottom and the top of the band.

Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    31 Oct 2026
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    30 Dec 2026
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    1 Apr 2027
    whole tranche releases on this date
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    1 Apr 2028
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
—
The issuer's chosen peers
43.8x
average of a 28.0x – 58.9x range
Earnings the price leans on
—

Weighted-average return on net worth over the same years: 9.65%.

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Jai Balaji Industries Limited44.5—
MSP Steel & Power Limited58.9—
Shyam Metallics and Energy Ltd.not in our universe28.010.1%
The issuer’s own figures, as it printed them
EPS
₹18.47
NAV per share
₹119.93
Return on net worth
15.43%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
Khambatta Securities Limited
2023 – 2026
13
2 measurable
+24.8%
PL Capital Markets Private Limited
2024 – 2026
4
1 measurable
+2.9%
Registrar
FirmIssuesTypical listing move
Bigshare Services Private Limited
2021 – 2026
219
22 measurable
+10.9%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
5 filed

Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.