German Green Steel IPO Allotment Status
Basis of Allotment: 30 September 2026
The German Green Steel & Power IPO opened for subscription on 25 September 2026 and closed on 29 September 2026. Investors can check their allotment status after the basis of allotment is finalised through Bigshare Services, NSE or BSE using their PAN number, application number or DP ID / Client ID.
German Green Steel IPO Allotment Status 2026
German Green Steel IPO allotment is scheduled for 30 September 2026. The basis of allotment is expected to be finalised after the IPO closed on 29 September 2026.
German Green Steel and Power Limited launched its mainboard IPO with a price band of ₹132 to ₹139 per share and a minimum lot size of 107 shares.
At the upper price band, one retail lot requires an investment of ₹14,873.
The German Green Steel IPO comprises a fresh issue of 2,08,63,309 equity shares aggregating to approximately ₹290 crore and an offer for sale of 10,00,000 equity shares aggregating to approximately ₹13.90 crore.
Bigshare Services Private Limited is the registrar to the German Green Steel IPO and is responsible for processing the allotment and related investor services.
How to Check German Green Steel IPO Allotment Status
Investors can check their German Green Steel IPO allotment status online after the basis of allotment is finalised on 30 September 2026. The status can be checked using PAN, application number or DP ID / Client ID.
German Green Steel IPO Allotment Status Links
| Platform | Purpose | Details Required |
|---|---|---|
| Bigshare Services | Official IPO registrar and allotment status | PAN / Application No. / Demat Account |
| NSE | IPO bid and application information | PAN / Application Details |
| BSE | IPO application status | PAN / Application No. |
German Green Steel IPO Details
| IPO Name | German Green Steel & Power IPO |
| Company | German Green Steel and Power Limited |
| IPO Type | Mainboard IPO |
| Issue Type | Book Built Issue |
| Issue Structure | Fresh Issue + Offer for Sale |
| Exchange | NSE & BSE |
| IPO Open Date | 25 September 2026 |
| IPO Close Date | 29 September 2026 |
| Basis of Allotment | 30 September 2026 |
| Refund / Fund Release | 1 October 2026 |
| Share Credit | 1 October 2026 |
| Listing Date | 5 October 2026 |
| Price Band | ₹132 to ₹139 per share |
| Lot Size | 107 Shares |
| Minimum Investment | ₹14,873 |
| Issue Size | ₹303.90 Crore |
| Fresh Issue | 2,08,63,309 Equity Shares |
| Fresh Issue Amount | ₹290 Crore |
| Offer for Sale | 10,00,000 Equity Shares |
| OFS Amount | ₹13.90 Crore |
| Face Value | ₹10 per share |
| Registrar | Bigshare Services Private Limited |
| Lead Managers | Systematix Corporate Services Limited, Emkay Global Financial Services Limited and Pantomath Capital Advisors Private Limited |
What Happens After German Green Steel IPO Allotment?
After the basis of allotment is finalised, successful applicants will receive German Green Steel shares in their demat accounts. Investors who do not receive shares will have their blocked funds released according to the IPO timeline.
IPO Opens: 25 September 2026
IPO Closes: 29 September 2026
Basis of Allotment: 30 September 2026
Refund / Fund Release: 1 October 2026
Share Credit: 1 October 2026
Listing: 5 October 2026
German Green Steel IPO Allotment Result
Once the allotment is finalised and uploaded by Bigshare Services, applicants can enter their PAN number, application number or Demat account details on the registrar portal to check whether German Green Steel IPO shares have been allotted.
If shares are allotted, the number of German Green Steel shares allotted will appear against your application. The shares are scheduled to be credited to successful investors’ demat accounts on 1 October 2026, ahead of the scheduled listing on 5 October 2026.
If no shares are allotted, the amount blocked for the IPO application is scheduled to be released on 1 October 2026, subject to the applicable bank, UPI or ASBA processing timeline. Investors should check their bank account or UPI mandate for the release of blocked funds.
About German Green Steel and Power Limited
German Green Steel and Power Limited is a vertically integrated iron and steel manufacturer based in Gujarat. The company primarily manufactures TMT bars, MS billets and sponge iron under its German TMT brand.
The company serves distributors, dealers and institutional customers and operates manufacturing facilities in Gujarat, including its Samakhiyali facility. Its manufacturing operations are supported by captive and hybrid renewable power infrastructure.
German Green Steel’s product portfolio includes TMT bars in various sizes along with MS billets and sponge iron used across the steel value chain.
The company follows a vertically integrated manufacturing model, with operations covering upstream raw materials and steel-product manufacturing.
German Green Steel IPO Objects of the Issue
The net proceeds from the fresh issue are proposed to be used for the following purposes:
1. Capital expenditure: Funding capital expenditure for expansion of the manufacturing facility at Samakhiyali, Kutch, Gujarat, along with expansion of the hybrid wind and solar power plant.
2. Repayment / prepayment of borrowings: Prepayment or repayment, in full or in part, of certain outstanding borrowings of the company.
3. General corporate purposes: The remaining net proceeds are proposed to be used for general corporate purposes, subject to the terms of the offer documents.
The proceeds from the offer for sale will be received by the respective selling shareholders after applicable offer-related expenses and taxes.
German Green Steel IPO Subscription Status
The German Green Steel IPO received subscription demand across QIB, NII and retail categories during the three-day bidding period from 25 September to 29 September 2026.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 17.92x |
| Non-Institutional Investors (NII) | 55.67x |
| Retail Individual Investors | 21.84x |
| Total | 27.97x |
These are reported closing-day subscription figures. The QIB figure refers to the QIB portion excluding the anchor investor allocation, where applicable.
German Green Steel IPO Lot Size
The minimum application size for the German Green Steel IPO was 107 shares. Retail investors could apply for up to 13 lots within the applicable retail investment limit.
| Investor Category | Lots | Shares | Amount at ₹139 |
|---|---|---|---|
| Retail Minimum | 1 | 107 | ₹14,873 |
| Retail Maximum | 13 | 1,391 | ₹1,93,349 |
| S-HNI Minimum | 14 | 1,498 | ₹2,08,222 |
| S-HNI Maximum | 67 | 7,169 | ₹9,96,491 |
| B-HNI Minimum | 68 | 7,276 | ₹10,11,364 |
German Green Steel IPO Allotment FAQs
When is German Green Steel IPO allotment date?
The German Green Steel IPO allotment is scheduled to be finalised
on 30 September 2026.
How can I check German Green Steel IPO allotment status?
Investors can check the allotment status through
Bigshare Services, NSE or BSE using their PAN,
application number or Demat account details.
Who is the registrar of German Green Steel IPO?
Bigshare Services Private Limited is the registrar
to the German Green Steel IPO.
When will German Green Steel IPO shares be credited?
The scheduled demat share-credit date is
1 October 2026.
When will German Green Steel IPO be listed?
The scheduled listing date is
5 October 2026 on NSE and BSE.
What is the price band of German Green Steel IPO?
The price band is ₹132 to ₹139 per share.
What is the lot size of German Green Steel IPO?
The minimum lot size is 107 shares.
What is the minimum investment in German Green Steel IPO?
At the upper price band of ₹139, one lot of 107 shares requires
₹14,873.
What is the issue size of German Green Steel IPO?
The IPO has an issue size of approximately
₹303.90 crore.
Is German Green Steel IPO a fresh issue or OFS?
The IPO comprises a fresh issue of
2,08,63,309 equity shares aggregating to ₹290 crore
and an offer for sale of 10,00,000 equity shares
aggregating to ₹13.90 crore.
What is the issue type of German Green Steel IPO?
It is a book-built issue.
Which exchanges will list German Green Steel shares?
The shares are scheduled to be listed on
NSE and BSE.
Who are the lead managers of German Green Steel IPO?
The book-running lead managers are
Systematix Corporate Services Limited, Emkay Global Financial
Services Limited and Pantomath Capital Advisors Private Limited.
What is the face value of German Green Steel shares?
The face value is ₹10 per equity share.
What was the final subscription of German Green Steel IPO?
The reported closing-day overall subscription was
27.97x, with QIB subscription of
17.92x, NII subscription of
55.67x and retail subscription of
21.84x.
What are the refund and share-credit dates?
The scheduled refund/fund release and demat share-credit date is
1 October 2026.
What does German Green Steel and Power Limited manufacture?
The company manufactures
TMT bars, MS billets and sponge iron and operates
as a vertically integrated iron and steel manufacturer in Gujarat.
What are the objects of the German Green Steel IPO?
The fresh issue proceeds are proposed to fund capital expenditure
for expansion at the Samakhiyali facility and hybrid wind-solar
power plant, repayment or prepayment of certain borrowings, and
general corporate purposes.
IPO allotment information is provided for informational and educational purposes only. The final allotment is determined by the registrar based on the approved basis of allotment. Investors should verify their individual allotment status only through the official registrar or stock-exchange portals. TradingMinds does not guarantee IPO allotment or investment returns.
