A-One Steels IPO
A-One Steels’ ₹405 crore IPO opened on September 24 and was 55% subscribed on Day 1. Brokerages recommended subscribing, citing earnings recovery, manufacturing scale and planned debt reduction; the issue includes a fresh issue and an offer for sale.
Timeline
Monday, 28 September
- A-One Steels IPO Day 3: GMP at 14%, issue subscribed 1.35 times; key details
The ₹405-crore IPO was subscribed 1.35 times by Day 3
Friday, 25 September
- A-One Steels IPO Day 2: Check subscription status, latest GMP, reviews, other key details
The ₹405 crore book-built IPO comprises a fresh issue worth ₹355 crore and an OFS
Thursday, 24 September
- A-One Steels IPO: Analysts rate 'subscribe' on long-term growth prospects
Brokerages rated A-One Steels’ IPO ‘subscribe’ for long-term growth prospects
- A-One Steels IPO gets 55–58% subscription on Day 1; GMP estimates vary
Day 1 subscription was reported at 55% and 58%
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