Subscription status
- Qualified institutional buyers (QIB)20.93x
- Non-institutional investors (NII)54.03x
- NII: bids above ₹10 lakh (big NII)54.05x
- NII: bids of ₹2–10 lakh (small NII)54.00x
- Retail investors22.83x
- Total28.98x
Shares offered and bid for, by category
| Category | Shares offered | Shares bid for |
|---|---|---|
| Qualified institutional buyers (QIB) | 45,78,030 | 9,58,05,874 |
| Foreign institutions (FII) | – | 1,94,41,686 |
| Banks, financial institutions and insurers | – | 4,23,26,632 |
| Mutual funds | – | 0 |
| Other institutions | – | 3,40,37,556 |
| Non-institutional investors (NII) | 34,45,455 | 18,61,64,592 |
| NII: bids above ₹10 lakh (big NII) | 22,96,970 | 12,41,43,647 |
| Corporates | – | 19,66,018 |
| Individuals(Other than RIIs) | – | 11,74,74,979 |
| Others | – | 47,02,650 |
| NII: bids of ₹2–10 lakh (small NII) | 11,48,485 | 6,20,20,945 |
| Corporates | – | 3,12,547 |
| Individuals(Other than RIIs) | – | 5,95,19,392 |
| Others | – | 21,89,006 |
| Retail investors | 80,39,394 | 18,35,23,725 |
| Cut Off | – | 15,98,73,729 |
| Price bids | – | 2,36,49,996 |
| Total | 1,60,62,879 | 46,54,94,191 |
Lot size and investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 107 | ₹14,873 |
| Retail (maximum) | 13 | 1,391 | ₹1,93,349 |
| Small NII / sHNI (minimum) | 14 | 1,498 | ₹2,08,222 |
| Small NII / sHNI (maximum) | 67 | 7,169 | ₹9,96,491 |
| Big NII / bHNI (minimum) | 68 | 7,276 | ₹10,11,364 |
IPO details
| Company | German Green Steel and Power Limited |
|---|---|
| Board | Mainboard (NSE and BSE) |
| Issue period | Fri, 25 Sep 2026 to Tue, 29 Sep 2026 |
| Price band | ₹132 – ₹139 |
| Face value | ₹10 per share |
| Lot size | 107 shares |
| Shares offered (excl. anchor) | 1.61 crore shares |
| Cut-off time for UPI Mandate Confirmation | 29-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. |
| Issue Size | Initial Public offer comprising of Fresh issue aggregating up to Rs. |
| Issue Type | Book Building |
| Discount | NA |
| Tick Size | Re. 1 |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Maximum Bid Quantity for QIB Investors | 1,60,62,840 Equity Shares in multiple of 107 Equity Shares |
| Maximum Bid Quantity for NIB Investors | 1,14,84,845 Equity Shares in multiple of 107 Equity Shares |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
| Sponsor Bank | HDFC Bank Limited and ICICI Bank Limited |
| Contact person name number and Email id | Babu Rapheal, +91 22 6263 8200, ipo@bigshareonline.com |
| Registrar | Bigshare Services Private Limited |
| Lead managers | Systematix Corporate Services Limited, Emkay Global Financial Services Limited and Pantomath Capital Advisors Private Limited |
Offer documents
Frequently asked questions
When does the German Green Steel and Power IPO open and close?
It opens on Fri, 25 Sep 2026 and closes on Tue, 29 Sep 2026.
What is the price band of the German Green Steel and Power IPO?
₹132 – ₹139 per share, with a face value of ₹10.
What is the lot size and minimum investment?
One lot is 107 shares. The minimum application is one lot, which costs ₹14,873 at the top of the price band.
When is the allotment and listing date?
Allotment was on Wed, 30 Sep 2026 and the shares listed on Mon, 5 Oct 2026.
What was the German Green Steel and Power IPO listing gain?
It listed at ₹142 on Mon, 5 Oct 2026, a gain of +2.2% on the issue price of ₹139.
How do I check the German Green Steel and Power IPO allotment status?
On the registrar's website (Bigshare Services Private Limited) or the NSE and BSE allotment pages, using your PAN or application number, from the allotment date.
For information only. Not investment advice. SmartFigure is not registered with SEBI as an investment adviser or research analyst. GMP is an unofficial, unregulated grey-market figure, averaged from public websites; it is not a prediction of the listing price. Rely on the offer documents.