German Green Steel & Power
· Mainboard · NSE, BSE
Price Band
₹132–139
Lot Size
107 shares
Issue Size
₹304 Cr
Min. Investment
₹14,873
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹148.5 — arithmetic, not a forecast
Subscription Status
German Green Steel & PowerIPO: Overview & Key Facts
German Green Steel & Power IPO is a Mainboard issue that listed on NSE, BSE on 5 October 2026. The price band is ₹132–₹139 per equity share, with a market lot of 107 shares. The total issue size is ₹304 Cr. At the upper price band, the minimum application for an individual investor is 1 lot (107 shares), amounting to ₹14,873.
German Green Steel & Power IPO GMP & Listing
The last grey market premium (GMP) reported for German Green Steel & Power IPO before listing was ₹9.5, about 6.83% over the upper price band of ₹139, and informal quotes had eased over the sessions we recorded. The shares opened at ₹142 on listing day, 2.2% above the issue price of ₹139. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
German Green Steel & PowerIPO Subscription Status & Demand Analysis
On the latest figures we have, German Green Steel & Power IPO was subscribed 30.23x overall — with QIB at 21.91x, NII at 56.72x, bNII at 56.78x, sNII at 56.59x, Retail at 23.64x, from about 15,89,850 applications. Where the individual-investor category is oversubscribed, allotment in it is decided by a computerised lottery: as many applicants as possible receive the minimum application, chosen at random.
German Green Steel & Power IPO Allotment & Listing
The registrar for this issue is Bigshare Services Pvt. Ltd.; the basis of allotment was finalised on 30 September 2026 and the shares listed on 5 October 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹139
Listed At
₹142
Current Price
₹105.07
Issue Objectives
- Funding the capital expenditure requirements of its manufacturing facility at Samakhiyali, Kutch, Gujarat and hybrid wind and solar power plant
- Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company
- General Corporate Purposes
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,09,31,653 | 50% |
| − Anchor Investor | 65,58,991 | 30% |
| − QIB (Ex. Anchor) | 43,72,662 | 20% |
| NII (HNI) | 32,79,497 | 15% |
| − bNII > ₹10L | 21,86,332 | 10% |
| − sNII < ₹10L | 10,93,165 | 5% |
| Retail | 76,52,159 | 35% |
- QIB30.3%
- − Anchor Investor18.2%
- − QIB (Ex. Anchor)12.1%
- NII (HNI)9.1%
- − bNII > ₹10L6.1%
- − sNII < ₹10L3.0%
- Retail21.2%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 107 | ₹14,873 |
| Retail (Max) | 13 | 1391 | ₹1,93,349 |
| S-HNI (Min) | 14 | 1498 | ₹2,08,222 |
| S-HNI (Max) | 67 | 7169 | ₹9,96,491 |
| B-HNI (Min) | 68 | 7276 | ₹10,11,364 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
14.66
EPS (Post IPO)
10.60
ROE
18.86%
P/E (Pre IPO)
9.48
P/E (Post IPO)
13.11
Market Cap
₹757.35 Cr.
Contact Details
German Green Steel & Power Ltd. Address
- 3800079723555100
- secretarial@germansteel.in
- https://www.germansteel.in/
Registrar Contact Details
Bigshare Services Pvt. Ltd.
- +91 22 6263 8200
- ipo@bigshareonline.com
- https://bigshareonline.com
- Office No. S6-2, 6th Floor, Pinnacle Business Park, Andheri East, Mumbai – 400093
Frequently Asked Questions
Key Dates
- Open Date
- 25 Sept 2026
- Close Date
- 29 Sept 2026
- Basis of Allotment
- 30 Sept 2026
- Listing Date
- 05 Oct 2026
Issue Details
- Registrar
- Bigshare Services
- Exchange
- NSE, BSE