What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial premium over the issue price that investors pay in the unlisted market prior to official listing on NSE/BSE.

How is the estimated listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit made by selling an IPO application before allotment, irrespective of whether the application is allotted shares.

What is Subject to Sauda?

Subject to Sauda is an agreement where payment is made only if the seller receives share allotment in the IPO.

What is the estimated listing price for German Green Steel & Power IPO?

Based on the upper price band of ₹139 and current GMP of ₹0, the estimated listing price is ₹139 (approx. 0.0% gain).

What is the expected profit per lot for German Green Steel & Power IPO?

With a lot size of 107 shares and current GMP of ₹0, expected profit per retail application lot is approximately ₹0.

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German Green Steel & Power

ListedMainboard

Metals & Mining · NSE / BSE

German Green Steel & Power Ltd. is a Gujarat-based, vertically integrated iron and steel manufacturer primarily focused on TMT bars. Its product portfolio also includes MS billets and sponge iron. The company operates two manufacturing facilities in Gujarat, with the Samakhiyali facility having an integrated manufacturing process from sponge iron to finished TMT bars. IPO360 The company mainly follows a B2B business model, supplying steel products to distributors, dealers and institutional customers. Its TMT bar manufacturing capabilities cover sizes from 8 mm to 40 mm.

Price Band

₹132 – ₹139

Issue Size

₹2186.33 L Cr

Lot Size

107 shares

GMP

—

Est. Listing

₹139

at current GMP

Subscribed

30.42x

overall

Open

25 Sep 2026

29 Sep 2026

Allotment

30 Sep 2026

Refund

1 Oct 2026

Demat Credit

2 Oct 2026

Listing

5 Oct 2026

Last updated about 5 hours ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

German Green Steel & Power GMP Today

Last updated: 7 Oct 2026

Current Premium

₹00.0%

Issue Price (Upper)

₹139

Band: ₹132 – ₹139

Estimated Listing Price

₹139

Upper price + GMP

Lot Size

107 shares

Min investment ₹14,873

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
7 Oct 2026	—	0.0%	₹139
6 Oct 2026	—	0.0%	₹139
5 Oct 2026	—	0.0%	₹139

About German Green Steel & Power Public Issue & Market Profile

German Green Steel & Power is bringing an initial public offering (IPO) in the Metals & Mining sector with an aggregate issue size of ₹2,18,63,309 Crores. The shares are offered at a price band of ₹132 to ₹139 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2026-09-29, the basis of allotment is scheduled to be finalized on 2026-09-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is German Green Steel & Power IPO GMP today?

The latest grey market premium for German Green Steel & Power IPO is ₹0, which indicates an expected listing price of ₹139.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.

German Green Steel & Power

German Green Steel & Power GMP Today

German Green Steel & Power GMP Historical Trend

GMP History

Estimated Listing Price

About German Green Steel & Power Public Issue & Market Profile

Frequently Asked Questions

What is German Green Steel & Power IPO GMP today?

What does Kostak Rate and Sauda mean in IPO GMP?

Is Grey Market Premium officially recognized?