German Green Steel and Power IPO closed at 23.21x
German Green Steel and Power IPO price band is ₹132 to ₹139 per share with a lot size of 107 shares, so one lot costs ₹14,873 at the upper band. Bidding opened on 25 September 2026 and closed on 29 September 2026. The issue was subscribed 23.21 times overall as of 29-Sep-2026 19:00:57 IST.
IPO data from NSE. Last updated 15:37 IST, 4 Oct 2026. Source and method
Price band
₹132 to ₹139
per share
Lot size
107
shares per lot
1 lot at upper band
₹14,873
Mainboard
Subscribed
23.21x
all categories
German Green Steel and Power IPO GMP today
Grey market premium
₹10.5 per share
Estimated listing price: ₹149.50 (+7.6% over the upper band of ₹139.00)
Updated 16:00 IST, 4 Oct 2026.
GMP is the premium at which IPO shares are informally traded before listing. It moves quickly and does not predict the actual listing price. Estimated listing price = upper price band + GMP.
Full live GMP tables: InvestorGain. All current IPO GMPs.
German Green Steel and Power IPO dates
- 25 Sep 2026Bidding opens
- 29 Sep 2026Bidding closes
Dates as published by NSE. NSE adds the listing date once it is confirmed; allotment usually follows one working day after bidding closes.
Issue details
- Company
- German Green Steel and Power
- NSE symbol
- GERMAN
- Board
- Mainboard
- Issue type
- Book Building
- Price band
- ₹132 to ₹139
- Face value
- Rs. 10
- Registrar
- Bigshare Services Private Limited
- Lead manager
- Systematix Corporate Services Limited, Emkay Global Financial Services Limited and Pantomath Capital Advisors Private Limited
Offer structure as filed: Initial Public offer comprising of Fresh issue aggregating up to Rs. 29,000 lakhs and Offer for Sale of up to 10,00,000 Equity Shares (including Anchor investor portion of 65,58,991 Equity Shares)
Lot size and minimum investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail, minimum | 1 | 107 | ₹14,873 |
| Retail, maximum | 13 | 1,391 | ₹1,93,349 |
| Small HNI (sNII), minimum | 14 | 1,498 | ₹2,08,222 |
| Small HNI (sNII), maximum | 67 | 7,169 | ₹9,96,491 |
| Big HNI (bNII), minimum | 68 | 7,276 | ₹10,11,364 |
German Green Steel and Power IPO subscription status
Category-wise bids on NSE, as of 29-Sep-2026 19:00:57 IST. Fetched 07:01 IST, 4 Oct 2026.
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIBQualified Institutional Buyers(QIBs) | 45,78,030 | 7,37,04,489 | 16.1x | |
| NIINon Institutional Investors | 34,45,455 | 16,26,26,732 | 47.2x | |
| bNIINon Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 22,96,970 | 11,10,15,068 | 48.33x | |
| sNIINon Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 11,48,485 | 5,16,11,664 | 44.94x | |
| RetailRetail Individual Investors(RIIs) | 80,39,394 | 13,64,15,584 | 16.97x | |
| Total | 1,60,62,879 | 37,27,46,805 | 23.21x |
Day by day (our snapshots)
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Sun, 4 Oct 2026 | 16.1x | 47.2x | 16.97x | 23.21x |
German Green Steel and Power IPO allotment status
The registrar for this issue is Bigshare Services. Check allotment on its official page by choosing "German Green Steel and Power" and entering your PAN, application number or DP/client ID.
Official pages ask for a captcha; we only link to them. Shares are credited to your demat account and blocked money is released for unallotted bids as per the schedule in the prospectus.
Other IPOs
Frequently asked questions
What is the price band of German Green Steel and Power IPO?
German Green Steel and Power IPO price band is ₹132 to ₹139 per share, as published by NSE.
What is the lot size and minimum investment?
One lot is 107 shares, which costs ₹14,873 at the upper price band of ₹139.00.
When does German Green Steel and Power IPO open and close?
Bidding opened on 25 September 2026 and closed on 29 September 2026.
How many times is German Green Steel and Power IPO subscribed?
It was subscribed 23.21 times overall as of 29-Sep-2026 19:00:57 IST, according to NSE.
What is German Green Steel and Power IPO GMP today?
The grey market premium is ₹10.5 per share (updated 16:00 IST, 4 Oct 2026), which points to an estimated listing price of ₹149.50. GMP is informal and can change quickly.
How do I check German Green Steel and Power IPO allotment status?
Use the Bigshare Services allotment page or the NSE and BSE application status pages, linked above.
Information only, not investment advice. IPO dates, price band, lot size and subscription are taken from NSE's public IPO pages; listing prices from NSE's end of day bhavcopy. GMP (grey market premium) is an unregulated, informal indicator that can change quickly and is no guide to the actual listing price. Read the red herring prospectus and consult a SEBI registered adviser before investing.