MUMBAI, 24 September 2026 — A-One Steels India Limited’s IPO is scheduled to open today with a ₹385–₹405 price range. NSE describes ₹355 crore of fresh issuance and ₹50 crore of shares sold by existing holders, making a ₹405 crore offer on the stated monetary terms.
Verified details
| Company | A-One Steels India Limited |
|---|---|
| Application window | 24-Sep-2026 to 28-Sep-2026 |
| Price band | Rs. 385 to Rs. 405 per Equity Share |
| Quoted lot unit | 37 Equity shares and in multiples thereof |
| Registrar | Bigshare Services Private Limited |
The ₹405 crore headline has two recipients
The fresh-issue component represents approximately 87.7% of the stated ₹405 crore total; the ₹50 crore sale component is about 12.3%. That distinction matters because secondary-sale consideration belongs to the selling shareholders rather than becoming new company capital. Gross fresh issuance is also different from the issuer’s net proceeds after expenses.
37 shares per bidding unit
NSE lists a 37-share bid lot and minimum order quantity. One such lot is ₹14,245 at the lower band and ₹14,985 at the upper band. The ₹20 difference between band endpoints therefore changes the lot value by ₹740. These calculations describe application mechanics, not potential listing gains.
Reservations and the next evidence
The exchange detail identifies a ₹2 crore employee reservation within the offer and a 2,985,160-share anchor portion. Neither should be added again to the headline issue total. Bigshare Services is the registrar. Bidding is scheduled through September 28, with opening demand still unpopulated in the pre-market response. The use-of-proceeds schedule and financial risks require the offer document rather than an inference from the company name or subscription demand.
Source check: CapKet retrieved the linked exchange records at approximately 00:57 IST on 24 September 2026. Event dates and source update times are distinguished from this publication date. Later corrections may change the official record.
Disclosure: AI-assisted, independently written reporting from attributed public records; no independent human review is claimed. This is general information, not an investment recommendation. No listing return, dividend receipt or buyback acceptance is guaranteed.