IPO details
- Price band
- โน139.0 โ โน139.0
- Lot size
- 107 shares
- Minimum investment
- โน14,124 / 107 shares (1 Lot)
- Subscription
- 28.46x
- Issue dates
- 2026-09-25 โ 2026-09-29
- Listing date
- 2026-10-05
- Issue size
- โน303.90 Cr
- IPO document
- RHP PDF
Live Grey Market Premium, subscription demand, price band & listing estimates
German Green Steel & Power Limited is a vertically integrated iron and steel manufacturer primarily operating in western India, with a focus on TMT bars. Its product portfolio mainly comprises TMT bars, MS billets, and sponge iron, with TMT bar manufacturing capabilities ranging from 8 mm to 40 mm. The company has also commenced production of cut and bent bars and epoxy-coated TMT bars as value-added steel products. It also plans to further produce and sell corrosion-resistant TMT bars. The company has two manufacturing facilities in Gujarat. The Samakhiyali facility is vertically integrated, while the Viramgam facility is operated through its material subsidiary, German TMT Private Limited. Steel scrap is one of its primary raw materials and is used to recycle ferrous material into finished steel products. Its corporate and registered office is located in Ahmedabad, Gujarat, while the Samakhiyali facility is located near ports in Gujarat.
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GMP is unofficial and speculative; it does not guarantee listing performance.
Track verified daily closing grey market snapshots, price progression, and estimated listing expectations leading up to exchange debut:
| Date | IPO GMP (โน) | Day's Movement | Est. Listing Price | Est. Gain (%) | Source Freshness |
|---|---|---|---|---|---|
| 2026-10-03 | +โน3.00 | โก Base Rate | โน142.00 | +2.16% | Historical Archive (T-1 Cutoff 2026-10-03) |
Grey Market Premium (GMP) data reflects unofficial over-the-counter quotes between private brokers. It does not represent guaranteed exchange pricing or SEBI-regulated trading.
As per latest market dealer indications, German Green Steel and Power IPO Grey Market Premium (GMP) is recorded at +โน3.00 (2%). Grey market premium is unofficial, speculative, and subject to rapid change.
Based on the upper price band of โน139.0 and recorded GMP of โน3.00, the estimated listing price is โน142.00 (an implied gain of 2.16%).
The issue bidding opens on 2026-09-25 and closes on 2026-09-29. The tentative listing date on the exchanges is 2026-10-05.
The price band is โน139.0 to โน139.0 per equity share. The minimum bid lot size is 107 shares, requiring a minimum investment of โน14,124 / 107 shares (1 Lot).
Once the basis of allotment is finalized, you can verify your allotment status online on our IPO Allotment Portal, the official registrar, or directly through BSE and NSE using your PAN card number.