German Green Steel IPO Listing: Shares Debut at 3.24% Premium on BSE, Check Share Price Today
- October 5, 2026
- Posted by: Ankit Jaiswal
- Category: News
German Green Steel lists at Rs 143.50 on BSE, up 3.24%. NSE opens at Rs 142, up 2.16%. Issue price Rs 139. Subscribed 28.98 times. Issue size Rs 303.90 Cr.
Quick Answer
The German Green Steel IPO listing today saw the stock debut at Rs 143.50 on the BSE, a 3.24 percent premium over its Rs 139 issue price, while NSE shares opened at Rs 142, up 2.16 percent. Anyone checking the German Green Steel share price today will find a modest start despite heavy demand during bidding. German Green Steel and Power’s IPO was subscribed 28.98 times.
German Green Steel IPO Listing Today: The IPO closed subscription on 29 September 2026 at 28.98 times overall, with NIIs at 54.03 times, retail investors at 22.83 times and QIBs at 20.93 times. Here is a recap of the offer, the terms of the German Green Steel IPO listing, and how the stock traded once it opened on 5 October.
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German Green Steel IPO Listing: Issue Details
German Green Steel and Power Limited raised Rs 303.90 crore, made up of a fresh issue of Rs 290 crore and an offer for sale of 10 lakh shares worth Rs 13.90 crore. The issue listed on both the BSE and the NSE on 5 October 2026. Bidding ran from 25 September to 29 September 2026, at a face value of Rs 10 per share and a price band of Rs 132 to Rs 139 per share.
| Particular | Detail |
|---|---|
| Allotment Date | 30 September 2026 |
| IPO Open Date | 25 September 2026 |
| IPO Close Date | 29 September 2026 |
| Issue Size | Rs 303.90 crore (2,18,63,309 shares) |
| Face Value | Rs 10 per share |
| Lot Size | 107 shares |
| Issue Price | Rs 139 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | 5 October 2026 |
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German Green Steel IPO Listing Price and Performance
Shares of the German Green Steel IPO listing opened at Rs 143.50 on the BSE, a 3.24 percent premium over the Rs 139 issue price, and at Rs 142 on the NSE, a 2.16 percent premium. For a lot of 107 shares costing Rs 14,873, that works out to a gain of roughly Rs 320 at the NSE listing price and Rs 480 at the BSE listing price. It was a muted start compared with the 28.98 times subscription the issue received.
About the German Green Steel IPO
German Green Steel and Power Limited began operations in 2008 in Ahmedabad, Gujarat, and is a vertically integrated iron and steel manufacturer. Promoters of the company are Inamulhaq Shamsulhaq Iraki, Abdulhaq Shamsulhaq Iraki and Ibrarulhaq Inamulhaq Iraki, and promoter holding falls from about 96.63 percent before the issue to about 68.54 percent after it. Bigshare Services is the registrar.
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German Green Steel Financials
Here is how the company has performed financially, useful context for anyone checking the German Green Steel share price today after the German Green Steel IPO listing.
| Year Ended | 31 Mar 2026 (Rs cr.) | 31 Mar 2025 (Rs cr.) | 31 Mar 2024 (Rs cr.) |
|---|---|---|---|
| Revenue | 1,685.38 | 1,517.21 | 1,137.54 |
| Profit After Tax | 79.89 | 59.94 | 41.60 |
Explanation
Revenue rose about 11 percent in FY26 to Rs 1,685.38 crore, after a 33 percent jump in FY25. Profit after tax climbed 33 percent to Rs 79.89 crore, lifting the PAT margin to about 4.8 percent, and EBITDA reached Rs 166.83 crore in FY26. Steel is a thin margin, cyclical business, which is worth remembering after the German Green Steel IPO listing.
Grey market premium (GMP) is an unofficial, unregulated indicator for the German Green Steel IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data around the German Green Steel IPO listing can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What was the German Green Steel IPO listing price?
Ans. German Green Steel shares listed at Rs 143.50 on the BSE, a 3.24 percent premium over the Rs 139 issue price, and at Rs 142 on the NSE, a 2.16 percent premium.
Was the German Green Steel IPO listing a premium or a discount?
Ans. It was a modest premium listing on both exchanges.
How much was the German Green Steel IPO subscribed?
Ans. The IPO was subscribed 28.98 times overall, with NIIs at 54.03 times, retail investors at 22.83 times and QIBs at 20.93 times.
What is the issue price of the German Green Steel IPO?
Ans. The issue price was fixed at Rs 139 per share, the top of the Rs 132 to Rs 139 price band.
What is the lot size of the German Green Steel IPO?
Ans. The lot size was 107 shares, meaning a minimum retail investment of about Rs 14,873 at the upper price band.
Who is the registrar for the German Green Steel IPO?
Ans. Bigshare Services Private Limited is the registrar.
What does German Green Steel do?
Ans. German Green Steel and Power is an Ahmedabad based, vertically integrated iron and steel manufacturer.
Where can I check the German Green Steel share price today?
Ans. You can check the German Green Steel share price today on the BSE and NSE, or through the Univest platform.
Should I hold shares after the German Green Steel IPO listing?
Ans. That depends on your own risk appetite and time horizon. Worth weighing the cyclical, thin margin steel business against the steady profit growth before deciding whether to hold or book profit after the German Green Steel IPO listing.
