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German Green Steel Power IPO

Upcoming
NSE Mainboard via aggregator

25–29 Sep 2026

Expected Allotment 30 SepRefund 1 OctListing 5 Oct
Price band ₹132–₹139
GMP+10.1%₹14 · 1 src
Subscribed
Min to apply (retail) ₹14,873 107 shares, one lot at the cap

Latest update:

GMP +10.1% (₹14) · Price band ₹132–₹139 · Closes 29 Sep 2026 · Allotment 30 Sep 2026 (Confirmed) · Lists 5 Oct 2026 (Expected)

DRHP analysis is not available for this issue yet.

German Green Steel Power IPO offer structure

Fresh issue 95% Offer for sale 5%

Total: ₹304 cr. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.

Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.

German Green Steel Power IPO: common questions

What is the German Green Steel Power IPO GMP (grey-market premium) today?

As of 22 Sep 2026 the indicative grey-market premium (GMP) for the German Green Steel Power IPO is +10.1% from a single grey-market source. GMP is unregulated and self-reported, so treat it as a sentiment signal, never a guarantee. For context, across the 29 IPOs we have tracked from a pre-listing GMP quote through to the actual listing, grey-market premium pointed the right way 79% of the time. Never decide on GMP alone.

When does the German Green Steel Power IPO open and close?

The German Green Steel Power IPO is open from 25 Sep 2026 to 29 Sep 2026.

What is the German Green Steel Power IPO price band?

The price band is ₹132–₹139 per share.

What is the lot size and minimum investment for the German Green Steel Power IPO?

One lot is 107 shares, and a retail application must be at least one lot. That is about ₹14,873 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.

When are the German Green Steel Power IPO allotment and listing dates?

Not published yet. Derived from the close date on the usual timetable: allotment around 30 Sep 2026, refund/unblock around 1 Oct 2026 and listing around 5 Oct 2026. Treat these as estimates until the exchange confirms them.

How do I apply for the German Green Steel Power IPO?

Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. Bidding opens 25 Sep 2026. We do not recommend brokers and carry no broker links. How to apply, start to finish →

Sources & method

Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.

Grey-market premium (GMP) is unregulated.

Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →

How often do these actually open above the issue price?

Of the 519 mainboard IPOs that have listed on the NSE since 2003, 369 (71%) opened above their issue price, at a median of +10%. That is the segment's own record, not a forecast for this issue.

See whether GMP has actually been right, issue by issue →