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 price band for German Green Steel & Power IPO?

The price band for German Green Steel & Power IPO is set at ₹132 to ₹139 per equity share with a minimum lot size of 107 shares.

When does German Green Steel & Power IPO open and close?

The German Green Steel & Power IPO opens on 2026-09-25 and closes on 2026-09-29. The allotment date is 2026-09-30 and the listing date is 2026-10-05.

What is the current GMP of German Green Steel & Power IPO?

The current grey market premium (GMP) for German Green Steel & Power IPO is ₹0, implying an estimated listing price of ₹139 (0% gain over the upper price band).

How do I check German Green Steel & Power IPO allotment status?

You can check the allotment status on the registrar's official portal (Bigshare Services Private Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

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 GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Metals & Mining segment
•Price band established at ₹132 - ₹139 per equity share
•Minimum bid lot is 107 shares
•Estimated listing target of ₹139 based on current grey market activity