German Green Steel and Power Limited
OpenMainboardMaterials · NSE / BSE
Founded in 2008, German Green Steel and Power Limited is an iron and steel manufacturing company mainly operating in western India, especially Gujarat, with a strong focus on TMT bars. The company runs two manufacturing units in Gujarat, including a fully integrated facility at Samakhiyali and another at Viramgam through its subsidiary. Its product range includes TMT bars, MS billets, and sponge iron, with TMT bars available in sizes from 8 mm to 40 mm. Most of its sales are done through a network of distributors and dealers, serving builders, contractors, and institutional clients on a B2B basis. The brand “German TMT” has built strong recognition in the Gujarat market, supported by consistent quality and ongoing innovation. The company also follows strict quality and safety standards, with certifications related to quality management, occupational health, and environmental practices.
Price Band
₹132 – ₹139
Issue Size
₹2186.33 L Cr
Lot Size
107 shares
GMP
₹28
+20.1%
Est. Listing
₹167
at current GMP
Subscribed
1.83x
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 2 days ago
Overall Subscription
1.83x
Total Demand
QIB Multiplier
1.39x
Institutions & Funds
NII / HNI
2.59x
High Net-Worth
Retail (RII)
1.75x
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 | 6,064,974 | 1.39x |
| NIB | 3,279,496 | 8,489,594 | 2.59x |
| HNIs(10L +) | 2,186,331 | 5,804,429 | 2.65x |
| HNIs (2-10L) | 1,093,165 | 2,685,165 | 2.46x |
| RETAIL | 7,652,158 | 13,377,354 | 1.75x |
| Total | 18,583,814 | 36,421,516 | 1.83x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 71,515 | 111,445 | 1.56x |
| HNIs(10L +) | 1,460 | 712 | 0.49x |
| HNIs (2-10L) | 730 | 1,744 | 2.39x |
| Total Applications | 73,705 | 113,901 | 1.55x |
Day-Wise Subscription Progress
About German Green Steel and Power Limited Public Issue & Market Profile
German Green Steel and Power Limited is bringing an initial public offering (IPO) in the Materials 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, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 107 shares (approx. ₹14,873 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-10-02, while un-allotted funds or UPI block mandates will be released on 2026-10-01.
Frequently Asked Questions
What is the issue size and price band for German Green Steel and Power Limited IPO?
The German Green Steel and Power Limited 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 and Power Limited 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 and Power Limited 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.