IPO Subscription Status Today (28 Sept): Moneyview Closes at ~13x, A-One Steels at 2.75x
Monday brought the busiest IPO day of the week: two mainboard issues — Moneyview and A-One Steels — closed bidding today, Orient Cables hit a strong Day 4, two new IPOs (SRIT India, Shah Investor's Home) opened, and Robokidz Eduventures delivered a blockbuster listing, nearly doubling from its issue price.
Here is the complete midday picture — final subscription numbers, GMP snapshot, and what happens next.
At a glance: all live issues today
| IPO | Day | Status today (midday) | GMP* (unofficial) | Closes |
|---|---|---|---|---|
| Moneyview | Day 4 (final) | ~12.5x–13.9x | ₹13–14 (~35–41%) | 28 Sept (today) |
| A-One Steels | Day 3 (final) | ~2.75x | ₹42–58 (~10–14%) | 28 Sept (today) |
| Orient Cables (India) | Day 4 | ~5.3x | ~₹90 (~33%) | 29 Sept |
| SRIT India | Day 1 | 0.36x | ~₹33 (+25%) | 30 Sept |
| Shah Investor's Home | Day 1 | Opening day | ~₹9 (+5%) | 30 Sept |
*GMP is unofficial, market-reported and can change quickly.
Moneyview IPO: closes final day at ~13x
Fintech IPO Moneyview closed bidding today, 28 September, after four days of bidding — and it was HNIs who carried the issue.
- Overall subscription: ~12.54x by mid-morning (11:15 AM), rising to ~13.92x by 11:27 AM, per live trackers. Final-day bidding typically peaks after 4 PM, so the closing number is expected to move higher.
- Category breakup (midday): NII/HNI ~37x–42x (bHNI ~38–44x, sHNI ~34–38x), Retail ~9.1–9.7x, QIB just ~0.28x.
- GMP: ₹13–14 against the upper price band of ₹34, implying an estimated listing price of ₹47–48 — roughly a 35–41% listing gain (unofficial, may change).
- Issue size: ₹1,091.68 crore — ₹750 crore fresh issue + ₹341.68 crore offer for sale.
- Price band: ₹32–34, lot size 441 shares (minimum investment ₹14,994).
What next: basis of allotment on 29 September, refunds 30 September, listing on BSE and NSE on 1 October. Registrar: MUFG Intime India.
Background: see our earlier subscription update from 26 September (IPO Subscription Status Today, 26 September 2026: Moneyview Leads at 6.24x on Day 3) when Moneyview was at 6.24x on Day 3.
A-One Steels IPO: closes at 2.75x
The ₹405-crore A-One Steels IPO (₹355 crore fresh issue + ₹50 crore OFS) also closed today after three days of bidding.
- Overall subscription: ~2.75x by late morning.
- Category breakup: NII 5.30x, Retail 3.17x, Employees 2.33x, QIB 0.10x.
- GMP: ₹42–58 across trackers against the ₹405 upper band, implying a ~10–14% listing premium (unofficial).
- Price band: ₹385–405, lot size 37 shares (minimum investment ₹14,985 at the upper band).
What next: allotment 29 September, listing on NSE and BSE on 1 October. Registrar: Bigshare Services.
Orient Cables: accelerates to ~5.3x on Day 4
Orient Cables (India), which closes tomorrow (29 September), had its strongest day yet.
- Overall subscription: ~5.29x by 12:40 PM (was ~3.1x in the morning, ~3x on Day 2).
- Category breakup: NII ~10.1x, Retail ~6.24x, QIB ~0.02x.
- GMP: ~₹90 against the ₹272 upper band — roughly a 33% premium (unofficial).
- Allotment is expected on 30 September.
Newly opened: SRIT India and Shah Investor's Home
- SRIT India IPO opened today with a subdued 0.36x Day 1 subscription (Retail 0.63x led; QIB at zero). It closes 30 September. Full details — price band ₹123–130, financials and our review — are in SRIT India IPO 2026: Price Band, Dates, GMP, Review. Morning GMP was ~₹33, a ~25% premium.
- Shah Investor's Home also opened today with a GMP of ~₹9 (~5% premium) this morning. See this morning's GMP roundup.
Robokidz: blockbuster listing — +90% on debut, hits upper circuit
The day's biggest story was the BSE SME debut of Robokidz Eduventures:
- Listed at ₹201.40 against the issue price of ₹106 — a 90% listing premium.
- Hit the 5% upper circuit at ₹211.45, taking the day's gain to ~99.5% over the IPO price.
- The ₹31.09-crore SME IPO had closed with final subscription of ~769x.
We previewed this debut yesterday in Robokidz IPO Listing Date, GMP & Expected Price on 28 Sept.
Key dates ahead
| Event | Date |
|---|---|
| Moneyview IPO allotment | 29 Sept 2026 |
| A-One Steels IPO allotment | 29 Sept 2026 |
| Orient Cables IPO closes | 29 Sept 2026 |
| Orient Cables IPO allotment | 30 Sept 2026 |
| SRIT India IPO closes | 30 Sept 2026 |
| Shah Investor's Home IPO closes | 30 Sept 2026 |
| Moneyview listing | 1 Oct 2026 |
| A-One Steels listing | 1 Oct 2026 |
FAQs
Which IPOs closed today (28 September 2026)?
Moneyview and A-One Steels both closed bidding today. Both will finalise allotment on 29 September and list on 1 October.
What was the final subscription of Moneyview IPO?
By midday it was around 12.5x–13.9x, with HNIs subscribed ~37–42x and retail ~9x. Final numbers will be confirmed after bidding closes.
What was the final subscription of A-One Steels IPO?
Around 2.75x overall — NII 5.30x, Retail 3.17x, Employees 2.33x, QIB 0.10x.
Is Orient Cables IPO still open?
Yes — it closes on 29 September 2026. It was subscribed ~5.3x by midday on Day 4.
What was the Robokidz listing price?
₹201.40 on BSE SME — a 90% premium over the ₹106 issue price. It then hit the 5% upper circuit at ₹211.45.
When is the Moneyview IPO listing date?
1 October 2026 on BSE and NSE.
Conclusion
Today's midday subscription picture is split: Moneyview's HNI-heavy ~13x close and Orient Cables' ~5.3x Day 4 acceleration confirm strong appetite in the two flagship mainboard issues, while Robokidz's near-doubling on debut shows the listing pop SME buyers are chasing. With two allotments tomorrow and two listings on 1 October, this week stays busy — watch for our evening allotment update once the basis is finalised.