German Green Steel IPO

Listed

German 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 size107 shares
Minimum investment (retail)₹14,873 (1 lot at ₹139)
Maximum retail application13 lots (₹1,93,349)
Issue size₹304 crore
IPO open date25 Sep 2026
IPO close date29 Sep 2026
Basis of allotment30 Sep 2026
Refunds / UPI unblock1 Oct 2026
Listing date5 Oct 2026
Listing exchangesBSE, NSE
Read the German Green Steel RHP / prospectus ↗

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.

GMP trend, 22 Sep 2026 → 1 Oct 2026 (₹0 → ₹13)
DateGMP
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
CategoryTimes 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
Total30.4x

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

HouseRatingNote
Adroit Financial Services Pvt. Ltd.Applychittorgarh ↗
Anand Rathi Share & Stock Brokers Ltd.Applychittorgarh ↗
BP Equities Pvt. Ltd.Applychittorgarh ↗
GEPL Capital Pvt. Ltd.Applychittorgarh ↗
Marwadi Shares & Finance Ltd.Applychittorgarh ↗
Ventura Securities Ltd.Applychittorgarh ↗
IPOWatchMay applyipowatch ↗ · 24 Sep 2026
Capital MarketNeutralchittorgarh ↗
SBICAP Securities Ltd.Neutralchittorgarh ↗
Swastika Investmart Ltd.Neutralchittorgarh ↗
Dilip DavdaNot Ratedipowatch ↗ · 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 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.