Peshwa Wheat vs A-One Steels vs Roopa Screen IPO: Which Should You Apply To?
TopFund Research
Published · Updated
TL;DR
- Peshwa Wheat: ₹53.52 crores issue size, no GMP data.
- A-One Steels: ₹405 crores issue size, GMP of ₹57.
- Roopa Screen: ₹19.2 crores issue size, GMP of ₹32, highest subscription demand.
Peshwa Wheat, A-One Steels, and Roopa Screen are three IPOs closing on September 28, 2026. Each offers a unique investment opportunity across different sectors, including agriculture, steel, and textiles.
Side-by-Side Comparison
| IPO | Price Band | Issue Size | GMP | Sector | Listing Date |
|---|---|---|---|---|---|
| Peshwa Wheat | ₹95.0–₹101.0 | ₹53.52 Cr | — | Other Agricultural Products | 01 Oct 2026 |
| A-One Steels | ₹385.0–₹405.0 | ₹405.0 Cr | +14.07% | Iron & Steel Products | 01 Oct 2026 |
| Roopa Screen | ₹60.0–₹64.0 | ₹19.2 Cr | +50.0% | Trading - Textile Products | 01 Oct 2026 |
Sector Comparison
Peshwa Wheat operates in the Other Agricultural Products sector, focusing on wheat processing. A-One Steels is part of the Iron & Steel Products sector, specializing in backward-integrated steel manufacturing. Roopa Screen is in the Trading - Textile Products sector, manufacturing rotary nickel screens for textile printing.
Issue Size
Peshwa Wheat has an issue size of ₹53.52 crores, A-One Steels has a significantly larger issue size of ₹405 crores, while Roopa Screen's issue size is ₹19.2 crores. This indicates a varying scale of operations and funding needs across these companies.
GMP Analysis
A-One Steels shows a strong grey market premium (GMP) of ₹57, translating to a 14.07% premium. Roopa Screen also has a notable GMP of ₹32, which is a 50% premium. Peshwa Wheat does not have available GMP data, making it difficult to assess its market sentiment compared to the others.
Subscription Demand
In terms of subscription, Roopa Screen leads with a total subscription of 5.35 times, indicating strong demand, especially in the retail category at 9.6 times. Peshwa Wheat follows with a total subscription of 2.03 times, while A-One Steels has a total subscription of 1.43 times. The demand dynamics suggest varying interest levels among investors.
Business Fundamentals
Peshwa Wheat focuses on quality and food safety in processing wheat products and has a strong supply chain. A-One Steels benefits from strategic location advantages and a diverse product portfolio, emphasizing sustainability. Roopa Screen has an established manufacturing facility and strong customer relationships, focusing on quality in the textile sector.
Disclaimer: This is an objective comparison of publicly available IPO data, not investment advice or a personal recommendation to apply for any specific IPO. GMP is unofficial and unregulated. TopFund is not a SEBI-registered investment adviser — please do your own research or consult a qualified adviser before applying.
Frequently Asked Questions
What is the GMP for each IPO?
A-One Steels has a GMP of ₹57, Roopa Screen has a GMP of ₹32, while Peshwa Wheat does not have available GMP data.
Which IPO has the highest subscription demand?
Roopa Screen has the highest subscription demand at 5.35 times, followed by Peshwa Wheat at 2.03 times and A-One Steels at 1.43 times.
What sectors do these companies operate in?
Peshwa Wheat operates in the Other Agricultural Products sector, A-One Steels in Iron & Steel Products, and Roopa Screen in Trading - Textile Products.
What are the issue sizes of these IPOs?
Peshwa Wheat has an issue size of ₹53.52 crores, A-One Steels has ₹405 crores, and Roopa Screen has ₹19.2 crores.
What are the strengths of these companies?
Peshwa Wheat emphasizes quality and food safety, A-One Steels has strategic location advantages and a diverse product range, and Roopa Screen focuses on quality and customer relationships.
Discussion
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