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MAINBOARD · NSE + BSESubscribed: 0.49×
German Green Steel IPO

German Green Steel IPO

German Green Steel IPO

Overview

German Green Steel IPO is a book build issue of ₹303.90 crores. The issue is a combination of fresh issue of 2.09 crore shares aggregating to ₹290.00 crores and offer for sale of 10.00 lakh shares aggregating to ₹13.90 crores. German Green Steel IPO bidding opened for subscription on Sep 25, 2026 and will close on Sep 29, 2026. The allotment for the German Green Steel IPO is expected to be finalized on Sep 30, 2026. German Green Steel IPO will list on NSE and BSE with a tentative listing date fixed as Oct 5, 2026. German Green Steel IPO is set issue price band at ₹132 to ₹139 per share. The lot size for an application is 107 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,873 (107 shares) (based on upper price). Systematix Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.

Total Shares

2,18,63,309

Issue Size

₹304 Cr

Price Band

₹132 – ₹139

Lot Size

107 shares

Min. Investment

₹14,873

Max. Investment

₹1,93,349

Open Date

25 Sep, 2026

Close Date

29 Sep, 2026

Allotment

30 Sep, 2026

Listing

05 Oct, 2026

Announced

25 Sep, 2026

Opening Date

25 Sep, 2026

Closing Date

29 Sep, 2026

Basis of Allotment

30 Sep, 2026

Initiation of Refunds

01 Oct, 2026

Credit of Shares

01 Oct, 2026

Listing Date

05 Oct, 2026

Live GMP

Est. Listing: ₹169

₹29.5

Apply via UPI in 5 minutes

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About German Green Steel IPO

German Green Steel IPO Share Price

Issue Breakdown

Total Issue2,18,63,309 shares₹304 Cr
Fresh Issue2,08,63,309 shares₹290 Cr
Offer for Sale10,00,000 shares₹14 Cr

Shareholding

Pre-Issue5,44,85,888
Post-Issue7,53,49,197

Dilution: 38.3% increase in shares

German Green Steel IPO Financial Health

German Green Steel IPO Lot Size

Investors can bid for a minimum of 107 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)1107₹14,873
Retail (Max)131391₹1,93,349
S-HNI (Min)141498₹2,08,222
S-HNI (Max)677169₹9,96,491
B-HNI (Min)687276₹10,11,364

(All values in CR)

German Green Steel IPO Valuations

MetricValue
ROE18.86
ROCE19.31
Debt/Equity0.79
RoNW18.86
PAT Margin4.76
EBITDA Margin9.94
NAV77.76
Price to Book Value1.79

(All values in CR)

German Green Steel IPO Subscriptions Status

German Green Steel IPO subscribed 0.49 times. The public issue subscribed 0.57 times in the retail category, 0.37 times in QIB (Ex Anchor), and 0.49 times in the NII category by September 25, 2026 12:04:14 PM (Day 1).

Investor CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
Anchor1.0065,58,99165,58,99191.17
QIB (Ex Anchor)0.3743,72,66416,18,48222.497
NII0.4932,79,49615,98,47322.219
bNII (> ₹10L)0.4421,86,3319,58,50613.323
sNII (< ₹10L)0.5910,93,1656,39,9678.896
Retail0.5776,52,15843,29,64860.182
Total0.491,53,04,31875,46,603104.898

German Green Steel IPO GMP

German Green Steel IPO last recorded Grey Market Premium (GMP) is ₹29.5, updated on Sep 25, 2026 11:37:03 AM. With an upper price band of ₹139.00, the estimated listing price for German Green Steel IPO is ₹168.5 (cap price + today's GMP). The expected percentage gain/loss per share is 21.22%. • German Green Steel IPO Retail Subject to Sauda: ₹2400 • German Green Steel IPO Small HNI Subject to Sauda: ₹33600 During this period, the premium has fluctuated between a low of ₹15.00 and a high of ₹29.50.

+₹29.50

Last updated 25 Sep, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
25 Sep, 20260₹29.5▲-₹168.5 (21.22%)315625 Sep, 2026
24 Sep, 20260₹29▲-₹168 (20.86%)310324 Sep, 2026
23 Sep, 20260₹24▲-₹163 (17.27%)256823 Sep, 2026
22 Sep, 20260₹15-₹154 (10.79%)160522 Sep, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for German Green Steel IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find German Green Steel IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.

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