German Green Steel & Power
ListedMainboardMetals & 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
Close
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
Overall Subscription
30.42x
Total Demand
QIB Multiplier
21.91x
Institutions & Funds
NII / HNI
56.77x
High Net-Worth
Retail (RII)
23.98x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,372,664 | 95,805,874 | 21.91x |
| NIB | 3,279,496 | 186,163,094 | 56.77x |
| HNIs(10L +) | 2,186,331 | 124,143,647 | 56.78x |
| HNIs (2-10L) | 1,093,165 | 62,019,447 | 56.73x |
| RETAIL | 7,652,158 | 183,519,231 | 23.98x |
| Total | 18,583,814 | 651,651,293 | 30.42x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 1,460 | 16,766 | 11.48x |
| HNIs (2-10L) | 730 | 40,340 | 55.26x |
| RETAIL | 71,515 | 1,551,626 | 21.70x |
| Total Applications | 73,705 | 1,608,732 | 21.83x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 the issue size and price band for German Green Steel & Power IPO?
The German Green Steel & Power IPO aggregate issue size is ₹2,18,63,309 Crores with an equity price band set at ₹132 to ₹139 per equity share. The retail lot size is 107 shares requiring a minimum capital outlay of approx. ₹14,873.
How can I check German Green Steel & Power IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will German Green Steel & Power IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-09-30.