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German Green Steel & Power IPO
₹128.33
−7.68% on listing
Listing-day close · NSE · 5 Oct 2026 · issue price ₹139
German Green Steel & Power’s ₹304 crore IPO was priced at ₹139 a share. It listed on the NSE on 5 Oct 2026 and closed its first day at ₹128.33, down 7.68% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹304 Cr
- Fresh issue
- ₹290 Cr
- Offer for sale
- ₹13.90 Cr
- Lot size
- 107 shares
- Minimum investment
- ₹14,873
- Face value
- ₹10
- Registrar
- Bigshare Services
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Qualified institutions (QIB) | 43.73 L | 21.91× |
| Non-institutional (NII) | 32.79 L | 56.77× |
| Retail | 76.52 L | 23.98× |
| Total | 1.53 Cr | 30.42× |
At the close of the issue, excluding anchor investors.
Financials and valuation
- Market cap (post-issue)
- ₹1,047 Cr
- P/E (post-issue)
- 13.1
- EPS (post-issue)
- ₹10.60
- Price to book
- 1.8
- ROE
- 18.86%
- ROCE
- 19.31%
- Debt to equity
- 0.79
- EBITDA margin
- 9.94%
- PAT margin
- 4.76%
- Promoter holding
- 96.63% → 68.54%
Financials as of 31 Mar 2026, from the offer documents.
Listing
- Listing date
- 5 Oct 2026
- Issue price
- ₹139
- Open
- ₹142.00
- High
- ₹142.81
- Low
- ₹125.50
- Close
- ₹128.33
Listing day on the NSE. The close was −7.68% on the issue price.
FAQs
When did the German Green Steel & Power IPO open and close?
It opened on 25 Sep 2026 and closed on 29 Sep 2026.
What was the German Green Steel & Power IPO price?
The price band was ₹132–139 a share. The final issue price was ₹139.
What is the lot size and minimum investment?
One lot is 107 shares, ₹14,873 at ₹139 a share. Retail investors apply in whole lots.
How much did German Green Steel & Power raise?
₹304 crore: ₹290 crore of new shares and ₹13.90 crore offered by existing shareholders.
How many times was the German Green Steel & Power IPO subscribed?
30.42 times overall: qualified institutions 21.91 times, non-institutional 56.77 times, retail 23.98 times.
How did German Green Steel & Power list?
It listed on the NSE on 5 Oct 2026 at ₹142.00 and closed the day at ₹128.33, down 7.68% on the ₹139 issue price.
Who is the registrar of the German Green Steel & Power IPO?
Bigshare Services handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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