German Green Steel and Power Ltd. IPO
German Green Steel and Power Ltd. was a mainboard IPO to raise ₹290 crore. The issue was subscribed 28.98× overall (QIBs 20.93×, NIIs 54.03×, retail 22.83×). It listed on 5 Oct 2026 at ₹142 and closed its first day at ₹128, a listing loss of -7.7% versus the ₹139 issue price. It now trades around ₹99 (-28.9% versus the issue price).
Frequently asked questions
- How many times was the German Green Steel and Power Ltd. IPO subscribed?
- The German Green Steel and Power Ltd. IPO was subscribed 28.98× overall — 20.93× in the QIB category, 54.03× among non-institutional investors, 22.83× in retail.
- What were the German Green Steel and Power Ltd. IPO listing gains?
- German Green Steel and Power Ltd. listed on 5 Oct 2026 at ₹142, closing its first day at ₹128 — a listing loss of -7.7% versus the ₹139 issue price.
- What were the retail allotment odds for the German Green Steel and Power Ltd. IPO?
- Retail was subscribed 22.83×, so a single-lot application had roughly a 4.4% chance of allotment (about 1 in 23), and allotment was finalised on 1 Oct 2026.
- Who were the registrar and lead manager for the German Green Steel and Power Ltd. IPO?
- Bigshare Services Private Limited was the registrar to the issue.