Two of the season's most-watched IPOs — fintech lender Moneyview and integrated steelmaker A-One Steels India — made their stock-market debut on Thursday, 1 October 2026, and the two debuts could not have been more different. Moneyview delivered one of the strongest mainboard listings of the year, closing nearly 59% above its issue price. A-One Steels popped 14% at the opening bell but slipped through the session, ending just about 3% above what IPO investors paid.
The day was busy beyond the listings as well: SME issue Black Opal Consultants closed its book at roughly 70x subscription, and the allotments of SRIT India and Shah Investor's Home were finalised. Here is the complete recap.
Moneyview IPO listing: a 59% debut close
Moneyview shares listed at ₹55.61 on the BSE — a 63.56% premium over the ₹34 issue price — and at ₹55 on the NSE, a 61.76% premium. The debut beat grey-market expectations by a wide margin: the unofficial GMP ahead of listing was only about ₹13–15, implying an open near ₹47–49.
Momentum continued into the session. The stock touched an intra-day high of about ₹62 on the BSE — roughly 82% above the issue price — before cooling in the afternoon. It finally settled at ₹54.03 on the BSE (58.9% above the issue price) and around ₹53.5–54 on the NSE (about 57–59% above the issue price). Moneyview was among the most actively traded stocks of the day.
Moneyview listing-day scorecard
| Metric | Value |
|---|---|
| Issue price | ₹34 on both exchanges |
| Listing price | ₹55.61 on BSE (+63.56%), ₹55 on NSE (+61.76%) |
| Intra-day high | ~₹62 |
| Closing price | ₹54.03 on BSE (+58.9%), ~₹53.5–54 on NSE (~57–59%) |
At the BSE opening price, the company's market capitalisation rose to roughly ₹9,789 crore, compared with about ₹5,985 crore at the IPO price. A retail investor holding one lot of 441 shares sat on a listing gain of about ₹9,261 at the NSE open.
The bumper debut followed massive subscription demand: the ₹1,091.68-crore issue was subscribed 98.46x overall, with QIBs bidding 227.45x, non-institutional investors 115.41x and retail investors 19.57x. The issue comprised a ₹750-crore fresh issue and a ₹341.68-crore offer for sale, with the price fixed at the top of the ₹32–34 band.
Read more: Moneyview IPO final subscription: 98.46x at close
A-One Steels IPO listing: strong open, weak finish
A-One Steels India also opened with a solid pop — ₹462 on the BSE (+14.07%) and ₹455 on the NSE (+12.35%) against the ₹405 issue price, comfortably beating the final GMP of about ₹47. With a lot size of 37 shares, retail allottees booked an opening gain of about ₹1,850–2,100 per lot.
But the stock could not hold the premium. It touched an intra-day high of ₹470 and then slid, at one point dipping as low as ₹393.70 — below the issue price. By the closing bell it hovered around ₹416–420 on both exchanges, just about 3% above the ₹405 issue price.
A-One Steels listing-day scorecard
| Metric | Value |
|---|---|
| Issue price | ₹405 on both exchanges |
| Listing price | ₹462 on BSE (+14.07%), ₹455 on NSE (+12.35%) |
| Intra-day high | ₹469.45 (BSE) / ₹470 (NSE) |
| Intra-day low | ₹393.45 (BSE) / ₹393.70 (NSE) |
| Near-close price | ~₹416 on BSE (+2.7%), ~₹420 on NSE (+3.6%) |
The ₹405-crore issue (₹355 crore fresh issue + ₹50 crore OFS) had been subscribed about 12x, with NII demand at 25.80x, retail at 9.11x and QIB at 7.69x. The company plans to use ₹250 crore of the fresh-issue proceeds to repay borrowings.
Why the two debuts diverged
The contrast is largely explained by the subscription profile. Moneyview's 227x QIB bid — the tenth-highest institutional demand among 2026 mainboard IPOs — translated into heavy pre-open buying and sustained support through the session. A-One Steels, by contrast, had relatively modest QIB participation (7.69x) against heavy NII-led demand, and profit-booking at the open quickly eroded the 14% pop. The broader market offered no help: the Sensex slid to a fresh 2026 low on the day.
Black Opal Consultants IPO closes at ~70x
On the SME front, Black Opal Consultants' ₹55.08-crore BSE SME issue closed on 1 October with subscription of roughly 70–74x, per evening exchange snapshots — a dramatic last-day surge from just 1.3x at the end of Day 2. Big HNIs led with about 145x, followed by small HNIs (~80x), retail (~54–60x) and QIBs (~58–60x).
The company is a Delhi-NCR-based real estate advisory and brokerage platform (price band ₹185–197, lot size 600 shares), with FY26 revenue of about ₹42 crore and PAT of about ₹12.2 crore. Allotment is expected on 5 October and the stock is slated to list on the BSE SME platform on 7 October. The unofficial GMP was last reported around ₹52 (about 26% above the upper band) — treat this as market-reported and subject to change.
SRIT India and Shah Investor's Home allotments finalised
The basis of allotment for SRIT India (125.16x) and Shah Investor's Home (38.12x) was finalised today. Both stocks are scheduled to list on the NSE and BSE on 6 October.
How to check your allotment status:
- SRIT India — check on the KFin Technologies allotment page, or on the NSE/BSE websites under the IPO allotment section.
- Shah Investor's Home — check on the MUFG Intime India allotment page, or on the NSE/BSE websites.
Refunds and share credits follow over the next few sessions; only demat accounts with credited shares will reflect the holding.
Read more: SRIT India IPO 2026: price band, dates, GMP & review
Key IPO dates ahead
- SRIT India / Shah Investor's Home listing (NSE, BSE): 6 October 2026.
- Black Opal Consultants allotment: 5 October 2026.
- Black Opal Consultants listing (BSE SME): 7 October 2026.
- Orient Cables, German Green Steel, AceVector, Runwal listing: 5 October 2026.
FAQs
How much did Moneyview gain on listing day?
Moneyview listed at ₹55 on the NSE (+61.76%) and ₹55.61 on the BSE (+63.56%) against a ₹34 issue price, and closed at about ₹54 (+59%) — one of the strongest mainboard debuts of 2026.
Why did A-One Steels fall after a strong listing?
The stock opened 14% up at ₹462 on the BSE but met heavy profit-booking and faded to about ₹416 by the close, ending just ~3% above its ₹405 issue price. Relatively weak QIB demand (7.69x) versus heavy NII-led subscription left little institutional support in the secondary market.
When will SRIT India and Shah Investor's Home list?
Both are scheduled to list on the NSE and BSE on 6 October 2026. Allotment was finalised on 1 October.
When is the Black Opal IPO allotment and listing?
Allotment is expected on 5 October and listing on the BSE SME platform on 7 October 2026.
Conclusion
1 October was a tale of two debuts: Moneyview's 59% close confirmed the power of institutional-led subscription demand, while A-One Steels' fade from +14% to +3% showed how quickly opening pops can evaporate when that support is missing. With SRIT India and Shah Investor's Home allotting today ahead of their 6 October listings, and Black Opal's ~70x book heading for a 7 October SME debut, the pipeline stays full into next week. Investors should treat unofficial GMP figures as market chatter, not guarantees, and base decisions on the exchange data above.