German Green Steel & Power IPO GMP Today
Expected Gain: 20.14%
German Green Steel & Power IPO GMP Today, 28 September 2026
German Green Steel & Power IPO GMP today is ₹28. The latest grey market premium for the German Green Steel & Power IPO is reported at ₹28 on 28 September 2026.
The previous reported GMP was ₹27 on 27 September 2026. The latest GMP has increased by ₹1 from the previous reported level.
The German Green Steel & Power IPO price band has been fixed at ₹132 to ₹139 per share. Using the upper price band of ₹139 and the current GMP of ₹28, the estimated listing price works out to ₹167 per share.
At a GMP of ₹28, the indicative listing gain is approximately 20.14% over the upper IPO price of ₹139.
German Green Steel & Power IPO is scheduled to open for subscription on 25 September 2026 and close on 29 September 2026. The tentative listing date is 05 October 2026.
The IPO is a mainboard book-building issue of approximately ₹303.90 crore. The issue comprises a fresh issue of approximately ₹290 crore and an offer for sale of approximately ₹13.90 crore.
The IPO has a lot size of 107 shares. At the upper price band of ₹139, the minimum application value for one lot is ₹14,873.
The current GMP of ₹28 is an unofficial grey-market indication. GMP may change before listing depending on IPO demand, broader market conditions and investor sentiment.
GMP is not an official price indicator and does not guarantee the actual German Green Steel & Power IPO listing price.
German Green Steel & Power IPO Expected Listing Price
IPO Upper Price Band: ₹139
Latest GMP: ₹28
Based on the current GMP, the estimated listing price is ₹167 per share.
Estimated gain over the upper IPO price: 20.14%
German Green Steel & Power IPO GMP Trend
German Green Steel & Power IPO GMP is currently reported at ₹28 as of 28 September 2026.
The previous reported GMP was ₹27 on 27 September 2026. The latest GMP has increased by ₹1 compared with the previous reported level.
| GMP Date | IPO Price | GMP | Estimated Listing | Estimated Gain | Estimated Profit/Lot | Status |
|---|---|---|---|---|---|---|
| 28-Sep-2026 | ₹139 | ₹28 | ₹167 | 20.14% | ₹2,996 | Latest GMP |
| 27-Sep-2026 | ₹139 | ₹27 | ₹166 | 19.42% | ₹2,889 | Previous GMP |
| 26-Sep-2026 | ₹139 | ₹27 | ₹166 | 19.42% | ₹2,889 | Earlier GMP |
| 25-Sep-2026 | ₹139 | ₹30 | ₹169 | 21.58% | ₹3,210 | Earlier GMP |
| 24-Sep-2026 | ₹139 | ₹29 | ₹168 | 20.86% | ₹3,103 | Earlier GMP |
| 23-Sep-2026 | ₹139 | ₹24 | ₹163 | 17.27% | ₹2,568 | Earlier GMP |
| 22-Sep-2026 | ₹139 | ₹15 | ₹154 | 10.79% | ₹1,605 | Earlier GMP |
* Estimated listing price is calculated by adding the reported GMP to the IPO upper price band. Estimated profit per lot is calculated as GMP × lot size. Latest calculation: ₹28 × 107 shares = ₹2,996. GMP-based figures are indicative and may differ from the actual listing price.
German Green Steel & Power IPO Details
| IPO Name | German Green Steel & Power IPO |
| Company | German Green Steel & Power Ltd. |
| IPO Type | Mainboard Book Building IPO |
| Issue Size | ₹303.90 Crore |
| Fresh Issue | ₹290 Crore |
| Offer for Sale | ₹13.90 Crore |
| Total Issue Shares | 2,18,63,309 Shares |
| Exchange | NSE & BSE |
| Open Date | 25 September 2026 |
| Close Date | 29 September 2026 |
| Allotment Date | 30 September 2026 |
| Refund / Unblock Date | 01 October 2026 |
| Demat Credit | 01 October 2026 |
| Listing Date | 05 October 2026 |
| Price Band | ₹132 to ₹139 per share |
| Face Value | ₹10 per share |
| Lot Size | 107 Shares |
| Minimum Investment | ₹14,873 |
| Latest GMP | ₹28 |
| Previous GMP | ₹27 on 27 September 2026 |
| Estimated Listing Price | ₹167 |
| Estimated Gain | 20.14% |
| Estimated Profit Per Lot | ₹2,996 |
| Last GMP Update | 28 September 2026 |
| Registrar | Bigshare Services Pvt. Ltd. |
| Book Running Lead Managers | Systematix Corporate Services Ltd., Emkay Global Financial Services Ltd. and Pantomath Capital Advisors Pvt. Ltd. |
German Green Steel & Power IPO GMP Profit Estimate
Based on the latest GMP of ₹28 and the upper IPO price of ₹139, the estimated listing price is ₹167 per share.
| Particular | Calculation | Amount |
|---|---|---|
| IPO Investment | ₹139 × 107 Shares | ₹14,873 |
| Estimated Listing Value | ₹167 × 107 Shares | ₹17,869 |
| Estimated Gain | ₹17,869 − ₹14,873 | ₹2,996 |
If the GMP remains at ₹28 until listing, one lot of 107 shares would indicate an estimated GMP-based gain of approximately ₹2,996.
German Green Steel & Power IPO GMP Update
GMP Date: 28 September 2026
Latest GMP: ₹28
Previous GMP: ₹27 on 27 September 2026
The current GMP indicates an estimated listing price of ₹167 per share.
This represents an indicative listing gain of 20.14% over the upper IPO price of ₹139.
For one lot of 107 shares, the indicative GMP-based profit is ₹2,996.
The latest GMP has increased by ₹1 from the previous reported GMP of ₹27 on 27 September 2026.
Grey-market premiums can fluctuate significantly before the official listing and should be treated only as an unofficial market-sentiment indicator.
What Is German Green Steel & Power IPO GMP?
IPO GMP means Initial Public Offering Grey Market Premium. It refers to the premium at which an IPO may be informally traded in the grey market before the shares begin trading on the stock exchange.
A positive GMP can indicate that grey-market participants are quoting the IPO above its issue price. However, grey-market activity is unofficial and the premium can change based on demand, market sentiment and other factors.
Estimated Listing Price = IPO Upper Price Band + Latest GMP
₹139 + ₹28 = ₹167
Estimated Gain = (₹28 ÷ ₹139) × 100 = 20.14%
Estimated Profit Per Lot = ₹28 × 107 = ₹2,996
The actual German Green Steel & Power IPO listing price may be higher or lower than the GMP-based estimate. Investors should not use GMP alone as the basis for an investment decision.
German Green Steel & Power Company Overview
German Green Steel & Power Ltd. is a Gujarat-based, vertically integrated iron and steel manufacturer. The company operates across sponge iron, mild-steel billets and TMT bars, including products sold under the German TMT brand.
Its manufacturing operations include electric-arc-furnace steelmaking, scrap-based raw-material processing, billet casting and bar rolling. The company has manufacturing facilities at Samakhiyali in Kutch and Viramgam through its subsidiary.
The company serves infrastructure contractors, builders, industrial users, steel traders, distributors, dealers and institutional buyers, with a significant presence in Gujarat and western India.
German Green Steel & Power also has captive and renewable power arrangements supporting its manufacturing operations. Its green-manufacturing initiatives include GreenPro-certified products and hybrid wind-solar power capabilities.
German Green Steel & Power IPO Key Details
| Particular | German Green Steel & Power IPO Information |
|---|---|
| IPO Type | Mainboard Book Building IPO |
| Issue Structure | Fresh Issue + Offer for Sale |
| Fresh Issue | ₹290 Crore |
| Offer for Sale | ₹13.90 Crore |
| Total Issue Size | ₹303.90 Crore |
| Upper Price Band | ₹139 |
| Lot Size | 107 Shares |
| Retail Minimum Investment | ₹14,873 |
| Listing Exchange | NSE & BSE |
| Latest GMP | ₹28 |
| Previous GMP | ₹27 on 27 September 2026 |
| Estimated Listing Price | ₹167 |
| Expected Gain | 20.14% |
| Expected Profit Per Lot | ₹2,996 |
| Expected Listing Date | 05 October 2026 |
German Green Steel & Power IPO Important Dates
| IPO Event | Date |
|---|---|
| IPO Opens | 25 September 2026 |
| IPO Closes | 29 September 2026 |
| Basis of Allotment | 30 September 2026 |
| Refund / Unblocking | 01 October 2026 |
| Shares Credited to Demat | 01 October 2026 |
| Listing | 05 October 2026 |
German Green Steel & Power IPO GMP FAQs
What is German Green Steel & Power IPO GMP today?
German Green Steel & Power IPO GMP is ₹28 as of
28 September 2026. The previous reported GMP was ₹27 on
27 September 2026.
What is the expected listing price of German Green Steel & Power IPO?
Based on the upper IPO price of ₹139 and GMP of ₹28,
the estimated listing price is ₹167 per share.
What is the expected gain from German Green Steel & Power IPO GMP?
The current GMP of ₹28 indicates an estimated gain of
approximately 20.14% over the upper IPO price of ₹139.
What is the estimated profit per lot?
With a lot size of 107 shares, the GMP-based estimated profit
is ₹2,996 per lot.
What is the German Green Steel & Power IPO price band?
The German Green Steel & Power IPO price band is
₹132 to ₹139 per share.
What is the German Green Steel & Power IPO lot size?
The lot size is 107 shares.
What is the minimum investment in German Green Steel & Power IPO?
At the upper price band, the minimum investment is
₹14,873 for one lot of 107 shares.
When will German Green Steel & Power IPO open?
German Green Steel & Power IPO opens for subscription on
25 September 2026.
When will German Green Steel & Power IPO close?
German Green Steel & Power IPO closes on
29 September 2026.
When is German Green Steel & Power IPO allotment?
The tentative allotment date is 30 September 2026.
When is German Green Steel & Power IPO listing?
The tentative German Green Steel & Power IPO listing date is
05 October 2026 on NSE and BSE.
Who is the registrar of German Green Steel & Power IPO?
Bigshare Services Pvt. Ltd. is the registrar of the IPO.
German Green Steel & Power IPO GMP is based on unofficial grey-market indications and is provided only for informational purposes. GMP can change at any time and does not guarantee the actual listing price or investment returns. The estimated listing price, percentage gain and profit shown above are calculated using the IPO upper price band and the reported GMP. Investors should conduct their own research and due diligence before making any investment decision.