A-One Steels IPO allotment: How to check status online on NSE, BSE, Bigshare Services; listing date, time here

The basis of allotment for A-One Steels Ltd is expected to be finalised on Tuesday, September 29. The bid finalisation details will be available on the websites of the NSE, the BSE and Bigshare Services.

The issue was subscribed 11.61 times, with bids for 8,57,02,989 shares compared to 73,84,934 shares on offer, according to the data available with the NSE website.

The category for non-institutional investors (NIIs) was subscribed 24.51 times, while the quota for retail investors received 8.64 times subscription. The portion for qualified institutional buyers (QIBs) was booked 7.30 times.

The ₹405 crore public offer was a fresh issue of ₹355 crore and an offer-for-sale (OFS) of shares totalling ₹50 crore by promoters Sandeep Kumar, Krishnan Kumar Jalan and Sunil Jallan.

Of the net proceeds, ₹250 crore will be utilised for pre-payment or partial repayment of certain outstanding borrowings, while the remaining funds will be used for general corporate purposes.

Bengaluru-headquartered A-One Steels India Ltd is a vertically integrated steel manufacturer with operations spanning sponge iron, MS billets and finished steel products like MS pipes, TMT bars, HR and CR coils, CR pipes and galvanised pipes and tubes.

The company also makes industrial products, including iron alloys and met coke.

A-One Steels IPO allotment date and time

A-One Steels IPO allotment status will be finalised on Tuesday, September 29, by evening.

How to check A-One Steels IPO allotment status online on NSE

• Open NSE's IPO status website: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick the 'Equity & SME IPO bid details' option
• Choose 'AONESTEELS' from the 'Select Symbol' list
• Add your application number or PAN
• Hit the 'Submit' button

Steps to check A-One Steels IPO allotment status online on BSE

• Open this link: https://bseindia.com/investors/appli_check.aspx
• Issue type should be kept as 'Equity'
• From the IPO names, select 'A-One Steels Ltd'
• Identify yourself using either IPO application number or PAN
• Click on the ‘Search’ button

A-One Steels IPO allotment status online on Bigshare Services; full steps

• On the Bigshare Services website, open the IPO allotment status page: www.bigshareonline.com/ipo_Allotment.html
• Select any server from the three available
• Click on 'A-One Steels' from the list
• Enter any of these: Application number, beneficiary ID, or PAN
• Click the ‘Search’ button

A-One Steels IPO listing date and time

Shares of A-One Steels will debut on the NSE and the BSE on Thursday, October 1, at 10 am.