Checked · GMP unchanged since
Detailed financials for this issue aren’t available yet.
| Application | Shares | Amount at ₹405 |
|---|---|---|
| Retail (min)1 lot | 37 | ₹14,985 |
| Retail (max)13 lots | 481 | ₹1,94,805 |
| sHNI (min)14 lots | 518 | ₹2,09,790 |
| bHNI (min)67 lots | 2,479 | ₹10,03,995 |
One lot is 37 shares, so a single application at the ₹405 cut-off costs ₹14,985. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
A-One Steels India Limited is a backward integrated steel manufacturer in southern India with a diversified product portfolio in long and flat steel products, and industrial products. The company manufactures products such as sponge iron, MS billets, TMT, HR coils, CR coils, HR pipes, GP pipes, CR pipes, Coke, Met coke, and Ferro silicon/manganese. Its manufacturing facilities are located in Karnataka and Andhra Pradesh.
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For A-One Steels India Limited, the registrar is Bigshare Services Private Limited — allotment is finalised in the days between the issue closing on 28 Sept 2026 and listing on 01 Oct 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Bigshare. Your bank will also show the blocked amount released if shares were not allotted.
The offer document for the A-One Steels India Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.
The company is one of the largest backward integrated steel product manufacturers in southern India with a wide product portfolio. The company benefits from its strategic location advantage for business operations. It has a widespread and well-connected distribution network with a presence across multiple channels. The page lists all 7 as disclosed.
Under-utilization of manufacturing capacities could adversely affect the business and future financial performance. Inability to successfully increase installed manufacturing capacities could negatively impact results of operations and financial condition. An increase in the cost or shortfall in the availability of raw materials could materially affect the business and financial condition. The page lists all 8 disclosed risk factors.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹49 on a ₹405 upper band means the grey market is dealing at ₹454.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.