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The Economic Times
The Economic Times
Business
Kumar Gaurav

A-One Steels IPO Day 2: Check subscription status, latest GMP, reviews, other key details

GMP IPO NSE Kumar Gaurav SEBI

A-One Steels IPO enters its second day of subscription today, September 25, giving investors another day to place their bids. Meanwhile, the company’s unlisted shares are commanding a 12% premium in the grey market, with the latest grey market premium (GMP) at Rs 50. At the current GMP, the estimated listing price works out to Rs 455 per share, compared with the IPO’s upper price band of Rs 405.

The Rs 405 crore public issue is a book-built IPO comprising a fresh issue of 87.65 lakh shares worth Rs 355 crore and an offer for sale (OFS) of 12.35 lakh shares aggregating to Rs 50 crore.

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