Moneyview shares debut at 63.5% premium, A-One Steels at 14% premium
On October 1, 2026, Moneyview and A-One Steels India made their stock market debuts. Moneyview shares opened at ₹55.61 on the BSE, surpassing the issue price by 63.5 percent, while on the NSE, the stock listed at ₹55, marking a 61.7 percent premium. The shares quickly climbed to near the ₹60 mark. In contrast, A-One Steels India shares debuted at ₹455 on the NSE, a 12.3 percent premium over the issue price, and on the BSE, it opened at ₹462, a 14 percent premium.
The stock briefly increased to ₹470 before dropping to ₹430.10 by around 10:14 am on the NSE. The ₹405-crore IPO of A-One Steels India was subscribed 11.61 times, with non-institutional investors subscribing 24.51 times and retail investors 8.64 times. The QIB quota was subscribed 7.30 times. Meanwhile, Moneyview's ₹1,092-crore IPO received 98.46 times subscription, with the QIB category leading demand at 227.45 times.
The IPO composition included a fresh issue of shares worth ₹750 crore and an OFS of 10.05 crore equity shares, with the proceeds allocated to support lending operations, augment the capital base of its NBFC subsidiary, and for general corporate purposes.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.