A-One Steels India IPO Allotment Status: Check Online via Bigshare Services, BSE & NSE

A-One Steels India IPO allotment is scheduled for Tuesday, 29 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

• Allotment date: A-One Steels India IPO allotment is expected to be finalised on Tuesday, 29 September 2026.
• Listing date: Shares are tentatively set to list on BSE and NSE on Thursday, 1 October 2026.
• Price band: The IPO is priced between ₹385 and ₹405 per share, against a face value of ₹10.
• Issue size: The ₹405 crore issue combines a ₹355 crore fresh issue with a ₹50 crore offer for sale.
• Registrar: Bigshare Services Pvt. Ltd. is handling the allotment process and status checks.
• Lot size: One lot equals 37 shares, requiring a minimum retail investment of ₹14,985 at the cap price.

A-One Steels India IPO: Key Details at a Glance

What is the A-One Steels India IPO Timeline?

When Will A-One Steels India IPO Allotment Be Out?

A-One Steels India IPO closes for subscription on Monday, 28 September 2026. Under SEBI’s standard mainboard allotment timeline, the registrar finalises the basis of allotment on the next working day, Tuesday, 29 September 2026 (T+1), after reconciling bids with NSE and BSE. This is when allotment status typically becomes visible to applicants, usually by evening on the allotment date.

From there, refunds for non-allottees and the unblocking of ASBA funds are processed on Wednesday, 30 September 2026 (T+2), the same day shares are credited to allottees’ demat accounts, ahead of the tentative listing on Thursday, 1 October 2026 (T+3). No weekend or market holiday falls within this window, so none of these steps needs further adjustment.

How to Check A-One Steels India IPO Allotment Status

Method 1: Via Bigshare Services Pvt. Ltd. (Registrar)

Bigshare Services Pvt. Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

• Visit the Bigshare Services Pvt. Ltd. IPO allotment status page.
• Select “A-One Steels India Limited” from the company dropdown.
• Choose your verification method — PAN, Application Number, or DP/Client ID.
• Enter the details and submit to view your allotment status.

Method 2: Via BSE

• Visit the BSE Application Status Check page.
• Select “A-One Steels India Limited” as the issue name.
• Enter your Application Number and PAN.
• Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

• Visit NSE’s bid verification page.
• Complete one-time registration with your PAN if you haven’t already.
• Select “A-One Steels India Limited” and view your application status.

How is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including A-One Steels India. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

Investors who don’t receive an allotment aren’t left waiting on a refund cheque: because A-One Steels India IPO applications are processed through ASBA, the bid amount was only blocked, not debited, in the applicant’s bank account, so on non-allotment, that blocked amount is unblocked automatically, expected around Wednesday, 30 September 2026 (T+2), with no action needed from the investor.

Any application paid through a non-ASBA mode follows the same T+2 timeline for an actual refund credit. A partial allotment, when the retail category is oversubscribed and the lottery allocates fewer than the full lots applied for, follows the same schedule, with only the unallotted portion released back.

What Will A-One Steels India Do With the IPO Proceeds?

Of the ₹405 crore A-One Steels India is raising, only the ₹355 crore fresh issue portion actually funds the company; the remaining ₹50 crore offer for sale is existing shares sold by promoters Sandeep Kumar, Sunil Jallan, and Krishan Kumar Jalan, and that money goes directly to them, not onto the company’s balance sheet. Of the fresh issue proceeds, the company has earmarked ₹250 crore, about 70%, for prepayment or partial repayment of its outstanding borrowings, with the remaining approximately ₹105 crore allocated to general corporate purposes and offer-related expenses.

About A-One Steels India Limited

A-One Steels India Limited is a Bengaluru-headquartered, backwards-integrated steel manufacturer incorporated in 2012, with commercial production beginning in 2013 at its Gauribidanur unit in Karnataka. The company has since grown into a six-plant manufacturing network spread across Karnataka (Gauribidanur, Chikkantapur, two units at Bellary, and Koppal) and Andhra Pradesh (Hindupur), with a combined installed capacity of about 17,33,100 MTPA as of 31 March 2026. Its product range spans sponge iron, MS billets, TMT bars, hot- and cold-rolled coils and pipes, galvanised tubes, met coke, and ferro-alloys, sold through direct retail, authorised distributors, and industrial and institutional customers.

A-One Steels reported revenue of ₹4,148.57 crore and net profit of ₹127.41 crore in FY2026. The company has three individual, SEBI-defined promoters — Sandeep Kumar, Sunil Jallan, and Krishan Kumar Jalan, making this a promoter-led, founder-run business rather than a professionally managed, no-promoter company.

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