German Green Steel IPO
ListedGerman Green Steel · BSE, NSE · Mainboard IPO
German Green Steel IPO listed on 5 Oct 2026 after being issued at ₹132–139 per share. Latest GMP is ₹13 (+9.4%). Overall subscription stands at 30.4x. Lot size is 107 shares.
Price band
₹132–139
GMP (unofficial)
₹13
+9.4%
Subscription
30.4x
Min. investment
₹14,873
107 shares / lot
German Green Steel IPO details
| Price band | ₹132–139 per share |
|---|---|
| Lot size | 107 shares |
| Minimum investment (retail) | ₹14,873 (1 lot at ₹139) |
| Maximum retail application | 13 lots (₹1,93,349) |
| Issue size | ₹304 crore |
| IPO open date | 25 Sep 2026 |
| IPO close date | 29 Sep 2026 |
| Basis of allotment | 30 Sep 2026 |
| Refunds / UPI unblock | 1 Oct 2026 |
| Listing date | 5 Oct 2026 |
| Listing exchanges | BSE, NSE |
German Green Steel IPO GMP today
Grey market premium: ₹13(+9.4%)· expected listing price ≈ ₹152
As of 1 Oct, 5:40 pm IST · source ipowatch.in · unofficial, not exchange-sanctioned · indicative and may be inaccurate.
| Date | GMP |
|---|---|
| 1 Oct 2026 | ₹13 |
| 30 Sep 2026 | ₹13 |
| 29 Sep 2026 | ₹10 |
| 28 Sep 2026 | ₹29 |
| 27 Sep 2026 | ₹28 |
| 26 Sep 2026 | ₹28 |
| 25 Sep 2026 | ₹28 |
German Green Steel IPO subscription status
as of 29 Sept, 6:06 pm IST| Category | Times subscribed |
|---|---|
| QIB (Qualified Institutional Buyers) | 21.9x |
| bNII (Big HNI, above ₹10 lakh) | 56.8x |
| sNII (Small HNI, ₹2–10 lakh) | 56.7x |
| Retail (RII) | 24.0x |
| Total | 30.4x |
Source: ipowatch.in, chittorgarh.com · bNII = bids above ₹10 lakh, sNII = ₹2–10 lakh.
German Green Steel IPO review — broker & analyst views
11 houses tracked: 6 positive · 1 cautious · 3 neutral · 0 negative · 1 unrated
| House | Rating | Note |
|---|---|---|
| Adroit Financial Services Pvt. Ltd. | Apply | chittorgarh ↗ |
| Anand Rathi Share & Stock Brokers Ltd. | Apply | chittorgarh ↗ |
| BP Equities Pvt. Ltd. | Apply | chittorgarh ↗ |
| GEPL Capital Pvt. Ltd. | Apply | chittorgarh ↗ |
| Marwadi Shares & Finance Ltd. | Apply | chittorgarh ↗ |
| Ventura Securities Ltd. | Apply | chittorgarh ↗ |
| IPOWatch | May apply | ipowatch ↗ · 24 Sep 2026 |
| Capital Market | Neutral | chittorgarh ↗ |
| SBICAP Securities Ltd. | Neutral | chittorgarh ↗ |
| Swastika Investmart Ltd. | Neutral | chittorgarh ↗ |
| Dilip Davda | Not Rated | ipowatch ↗ · 24 Sep 2026 |
Ratings as published by each house; links open the source. IPOSarthi does not rate IPOs.
German Green Steel IPO news
- German Green Steel lists at over 3% premium to issue price
FM Bharat · 5 Oct, 5:32 pm
- India's German Green Steel and Power listed on the BSE on Monday at 1.
Shanghai Metals Market · 5 Oct, 3:27 pm
- German Green Steel IPO Listing Today: Check Share Price and Listing Gains
Univest · 5 Oct, 2:57 pm
- New IPO Listings: Orient Cables Up 65%, AceVector Down 11.5%
Univest · 5 Oct, 1:22 pm
- New IPO listings: Discount or premium? AceVector, Runwal, Orient, German Green Steel & Power - Check worst, best debut
Livemint · 5 Oct, 12:20 pm
German Green Steel IPO — frequently asked questions
- What is the GMP of German Green Steel IPO today?
- As of 1 Oct, 5:40 pm IST, the grey market premium (GMP) of German Green Steel IPO is ₹13 per share, about +9.4% over the upper price band of ₹139, which points to an indicative listing price near ₹152. GMP is an unofficial, off-exchange figure sourced from public trackers (ipowatch.in); it can change quickly and does not guarantee the listing price.
- What is the lot size and minimum investment for German Green Steel IPO?
- One lot of German Green Steel IPO is 107 shares. At the upper price band of ₹139, one lot costs ₹14,873, which is the minimum retail application. Retail investors can bid for up to 13 lots (₹1,93,349) within the ₹2 lakh retail cap. Small HNI (sNII) applications start at 14 lots (₹2,08,222) and big HNI (bNII) applications at 68 lots (₹10,11,364).
- When is the German Green Steel IPO allotment and listing date?
- German Green Steel IPO opened on 25 Sep 2026 and closed on 29 Sep 2026. The basis of allotment is expected on 30 Sep 2026, refunds / UPI unblocking on 1 Oct 2026, and the shares are expected to list on 5 Oct 2026 on BSE and NSE.
- How many times is German Green Steel IPO subscribed?
- As of 29 Sept, 6:06 pm IST, German Green Steel IPO is subscribed 30.4x overall — QIB 21.9x, bNII 56.8x, sNII 56.7x, Retail 24.0x. Figures come from exchange bid data via public trackers and update through the bidding window.
- Should I apply for German Green Steel IPO?
- IPOSarthi does not make recommendations — this page only lays out the data. The grey market is currently pricing the issue at ₹13 above the upper band (+9.4%). The book is 30.4x subscribed overall. 11 broker houses have published a view: 6 positive, 1 cautious, 3 neutral, 0 negative, 1 unrated. Read the red herring prospectus, weigh the company's financials and valuation against your own goals and risk appetite, and consult a SEBI-registered investment adviser before applying. GMP and subscription are indicative, not a forecast of listing gains.
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GMP and prices shown are indicative, sourced from public trackers, and may be inaccurate — this is a hobby project, not investment advice. See Disclaimer.