A-One Steels India IPO
A-One Steels India IPO is a mainboard IPO raising ₹405 Cr at ₹385 – ₹405 a share. It listed on 1 Oct 2026 at ₹455, +12.3% against its issue price of ₹405, and trades at ₹370 today (−8.7% since issue). It was subscribed 12× in total.
11.6 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 20,93,531 | 1,52,92,803 | 7.30× |
| Foreign Institutional Investors | no separate quota | 60,09,540 | n/a |
| Domestic Financial Institutions | no separate quota | 6,24,301 | n/a |
| Mutual funds | no separate quota | 0 | n/a |
| Others | no separate quota | 86,58,962 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 15,70,130 | 3,84,82,886 | 25× |
| Non Institutional Investors | 10,46,753 | 2,60,38,010 | 25× |
| Corporates | no separate quota | 3,96,011 | n/a |
| Individuals | no separate quota | 2,47,04,123 | n/a |
| Others | no separate quota | 9,37,876 | n/a |
| Non Institutional Investors | 5,23,377 | 1,24,44,876 | 24× |
| Corporates | no separate quota | 75,628 | n/a |
| Individuals | no separate quota | 1,18,75,076 | n/a |
| Others | no separate quota | 4,94,172 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 36,63,637 | 3,16,46,433 | 8.64× |
| Cut Off | no separate quota | 2,73,02,966 | n/a |
| Price bids | no separate quota | 43,43,467 | n/a |
| Employees | 57,636 | 2,80,867 | 4.87× |
| Cut Off | no separate quota | 2,27,772 | n/a |
| Price Bids | no separate quota | 53,095 | n/a |
| Total | 73,84,934 | 8,57,02,989 | 12× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 29 Sept, 08:15 am IST.
Where the bids landed
Demand falls about 61% from the bottom of the band to the top. 32% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.25 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.