German Green Steel & Power Limited IPO Allotment Status

German Green Steel & Power IPO is a book build issue of ₹303.90 crore. The issue comprises a fresh issue of 2.09 crore shares aggregating to ₹290.00 crore and an offer for sale of 10.00 lakh shares aggregating to ₹13.90 crore. 

German Green Steel & Power Limited is a book-built BSE and NSE IPO with a price band of ₹132–₹139 per equity share. The bidding window opened on September 25, 2026, and closes today, September 29, 2026. 

The basis of allotment is expected to be finalised on September 30, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on October 1, 2026, while the shares are scheduled to list on BSE and NSE on October 5, 2026. 

The IPO has a market lot of 107 shares. At the upper price band, one lot costs ₹14,873. The minimum retail application is one lot, or 107 shares, requiring ₹14,873. 

Systematix Corporate Services Ltd., Emkay Global Financial Services Ltd. and Pantomath Capital Advisors Pvt. Ltd. are the book running lead managers. 

Investors can check German Green Steel & Power IPO allotment status after the basis of allotment is finalised through Bigshare Services Private Limited, the registrar to the issue, or through the NSE/BSE IPO-status facilities. 

How to Check German Green Steel & Power IPO Allotment Status Online on NSE? 

• Visit the NSE IPO bid-verification/application-status page.
• Select “Equity” under Issue Type.
• Choose “German Green Steel & Power Limited” from the Issue Name dropdown after the allotment data is published.
• Enter your PAN or Application Number.
• Complete the captcha verification, where applicable.
• Click on Submit or Search to view your application and allotment status. 

How to Check German Green Steel & Power IPO Allotment Status Online on BSE? 

• Visit the BSE IPO allotment-status page.
• Select “Equity” under Issue Type.
• Choose “German Green Steel & Power Limited” from the Issue Name dropdown after the allotment data is published.
• Enter your Application Number or PAN.
• Tick the “I’m not a robot” captcha.
• Click on Search to view your application and allotment status. 

How to Check German Green Steel & Power IPO Allotment Status on the Registrar’s Website? 

• Visit the official Bigshare Services IPO allotment-status website.
• Select “German Green Steel & Power Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
• Choose PAN, Application Number or DP ID/Client ID as the search method.
• Enter the required details.
• Complete the captcha verification.
• Click on Submit or Search to view your allotment result. 

German Green Steel & Power IPO Details 

German Green Steel & Power IPO is a book build issue of ₹303.90 crore. The issue comprises a fresh issue of 2.09 crore shares aggregating to ₹290.00 crore and an offer for sale of 10.00 lakh shares aggregating to ₹13.90 crore. 

German Green Steel & Power’s IPO is priced in the range of ₹132–₹139 per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on BSE and NSE. 

The IPO opened on September 25, 2026, and closes on September 29, 2026. The basis of allotment is expected on September 30, 2026, refunds and demat credits are expected on October 1, 2026, and the shares are scheduled to list on BSE and NSE on October 5, 2026. 

The market lot comprises 107 shares, requiring ₹14,873 at the upper price band. The minimum retail application is one lot, or 107 shares, requiring ₹14,873. Applications can be made in permitted multiples of 107 shares thereafter. 

Allocation Quota for German Green Steel & Power IPO 

Note: Category-wise shares offered and subscription figures vary slightly across sources and updates; the final basis of allotment published by Bigshare Services will be definitive. 

German Green Steel & Power IPO – Overall Subscription Status 

As of the latest available update on September 29, 2026, at 6:54:55 PM (Day 3), the German Green Steel & Power IPO was subscribed 30.42 times overall. The non-institutional investor (NII) category was subscribed 56.77 times, the QIB (Ex Anchor) category 21.91 times, and the retail (Individual Investors) category 23.98 times. These figures may change slightly following exchange reconciliation after the issue closes. 

German Green Steel & Power IPO Subscription Details 

Note: Shares Offered and Total Amount are calculated at the upper price band. The Total row excludes the Anchor portion. 

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German Green Steel & Power Business Overview 

Incorporated in 2008, German Green Steel and Power Limited is an iron and steel manufacturer primarily operating in the western region of India, with a strong presence in Gujarat and a focus on TMX Bars. The company is predominantly conducted on a business-to-business basis with 3 major types of customers, namely (i) distributors, (ii) dealers and (iii) institutional customers. The brand “German TMT” has established strong recognition for TMT Bars in Gujarat. 

The company's manufacturing capabilities ranging from 8 mm to 40 mm. The corporate and registered office is located in Ahmedabad, Gujarat, and the Samakhiyali Facility is situated close to ports in Gujarat. 

The company operates two manufacturing facilities in Gujarat: the Samakhiyali Facility, which is vertically integrated, and the Viramgam Facility, operated through its material subsidiary, German TMX Private Limited. They are currently in the process of expanding the installed capacity of Sponge Iron at their Samakhiyali Facility from 66,000 MTPA to approximately 1,48,500 MTPA, MS billets production capacity from 2,14,500 TPA to 4,12,500 TPA and existing installed TMT Bars production capacity at the Samakhiyali Facility from 181,500 MTPA to 346,500 MTPA. 

For the nine months ended December 31, 2024, the majority of sales were generated through a network of distributors and dealers. Business operations are predominantly conducted on a business-to-business basis, catering to three primary customer segments: distributors, dealers, and institutional customers. These intermediaries supply products to builders and contractors. 

As of March 31, 2026, the company's workforce comprised 1,357 employees, and they utilised the services of 143 contract labourers. 

German Green Steel & Power IPO allotment status is expected to be available on September 30, 2026, after approval of the basis of allotment. Investors should check Bigshare Services or NSE/BSE using their PAN, application number or DP ID/Client ID. 

Know more about IPO allotment status and check your application details online for the latest updates on share allocation. 

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.