Dalal Street welcomed two fresh corporate entrants on Thursday, October 1, 2026as equity shares of Bengaluru-based fintech player Moneyview and manufacturing firm A-One Steels India commenced secondary market trading across the BSE and NSE. Both mainboard initial public offerings (IPOs) rewarded successful applicants with solid listing gains despite underlying volatility in broader benchmark indices. Moneyview stole the primary spotlight by recording a blockbuster premium of 63.56 percent on debut, driven by staggering subscription numbers, while A-One Steels India posted a steady listing gain of up to 14.07 percent following its oversubscribed public issue.
Moneyview Delivers 63.56% Listing Windfall: Stock Debuts at ₹55.61
Fintech platform Moneyview rewarded IPO subscribers with substantial first-day wealth generation upon ring of the opening bell:
Stellar BSE Debut: Against an issue price of ₹34 per shareMoneyview listed on the BSE at ₹55.61generating an immediate profit of ₹21.61 per shareor a 63.56 percent premium.
Strong NSE Opening: On the NSE, the counter opened at ₹55reflecting a solid premium of ₹21or 61.76 percent over its issue band.
Massive 98.46x Oversubscription: The explosive listing action follows intense bidding across institutional and retail segments during the public issue window, with total demand culminating in an overall subscription of 98.46 times.
A-One Steels India Opens with 14% Premium: Complete Issue Breakdown
Industrial manufacturer A-One Steels India kicked off its market journey with steady double-digit premiums across both primary exchanges:
BSE vs NSE Listing Levels: A-One Steels shares listed on the BSE at ₹462clocking an increase of ₹57, or 14.07 percent over its upper issue price benchmark, while opening on the NSE at ₹455registering a gain of ₹50, or 12.35 percent above its base offer price of ₹405.
₹405 Crore Issue Highlights: The ₹405.00 crore book-building issue closed on September 28, 2026drawing widespread investor participation with total bids amounting to 8.58 crore equity shares against the net offer of 70.15 lakh sharesachieving an overall subscription of 12.23 times.
Category-Wise Bidding: How Investors Booked A-One Steels and Moneyview
Institutional and retail appetite remained strong across diverse investor categories for both offerings:
| Company Name | Issue Price (₹) | BSE Listing Price (₹) | BSE Premium (%) | NSE Listing Price (₹) | Total Subscription (Times) |
|---|---|---|---|---|---|
| Moneyview | ₹34 | ₹55.61 | +63.56% | ₹55.00 | 98.46x |
| A-One Steels India | ₹405 / ₹457 | ₹462.00 | +14.07% | ₹455.00 | 12.23x |
For A-One Steels India, the Non-Institutional Investors (NII) portion witnessed the highest demand, getting booked 25.80 timesfollowed by the Retail Individual Investors (RII) quota at 9.11 timesthe Qualified Institutional Buyers (QIB) portion at 7.69 timesand the reserved Employee category at 5.15 timesunderscoring sustained market liquidity for profitable public issues.