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German Green Steel IPO Subscription Status: Day-wise & Final
German Green Steel IPO was subscribed 28.98x overall by 29 Sept 2026, 7:00 pm IST. GMP was ₹13, as of 30 Sept 2026, 8:57 am IST.
· 3 min read
AI wrote this article from prospectus and exchange data, and software checked its figures against that data before publishing. How our content is made
Current subscription
German Green Steel IPO was subscribed 28.98 times overall as of 29 Sept 2026, 7:00 pm IST.
| Category | Subscription |
|---|---|
| QIB | 20.93x |
| NII | 54.03x |
| RII | 22.83x |
| Total | 28.98x |
Category-wise table
| Category | Subscription |
|---|---|
| QIB | 20.93x |
| NII | 54.03x |
| B-NII | 54.0467x |
| S-NII | 54.0024x |
| RII | 22.83x |
| Total | 28.9795x |
Day-wise table
| Day | QIB | NII | RII | Total |
|---|---|---|---|---|
| 25 Sept 2026 | 1.3248x | 2.4618x | 1.6486x | 1.7307x |
| 28 Sept 2026 | 1.3352x | 7.8231x | 6.1506x | 5.1369x |
| 29 Sept 2026 | 20.9273x | 54.0319x | 22.8281x | 28.9795x |
What changed
The biggest jump came on 29 Sept 2026, when the issue moved sharply higher across all categories.
- Total subscription moved from 5.1369x on 28 Sept 2026 to 28.9795x on 29 Sept 2026.
- QIB moved from 1.3352x to 20.9273x.
- NII moved from 7.8231x to 54.0319x.
- RII moved from 6.1506x to 22.8281x.
This is a factual reading of the subscription trend. It does not indicate listing performance.
GMP
German Green Steel IPO’s unofficial grey market premium was ₹13 as of 30 Sept 2026, 8:57 am IST.
| GMP data | Value |
|---|---|
| GMP | ₹13 |
| Estimated listing price | ₹152 |
| Estimated listing gain | 9.35% |
GMP trend
| Date | GMP | Estimated listing gain |
|---|---|---|
| 23 Sept 2026 | ₹15 | 10.79% |
| 24 Sept 2026 | ₹28 | 20.14% |
| 25 Sept 2026 | ₹28 | 20.14% |
| 26 Sept 2026 | ₹28 | 20.14% |
| 27 Sept 2026 | ₹28 | 20.14% |
| 28 Sept 2026 | ₹29 | 20.86% |
| 29 Sept 2026 | ₹10 | 7.19% |
| 30 Sept 2026 | ₹13 | 9.35% |
Closing date
The IPO closed on 29 Sept 2026.
Allotment date
The allotment date is 30 Sept 2026.
What happens next
According to the IPO timeline, the next steps are:
- Refunds: 1 Oct 2026
- Credit to demat: 1 Oct 2026
- Listing: 5 Oct 2026 on BSE, NSE
If you want the company overview and issue details, you can also check the German Green Steel IPO analysis page.
FAQs
What is the total subscription of German Green Steel IPO?
The total subscription was 28.9795x as of 29 Sept 2026, 7:00 pm IST.
What is the latest GMP for German Green Steel IPO?
The latest unofficial grey market premium was ₹13 as of 30 Sept 2026, 8:57 am IST.
When did the IPO close?
The IPO closed on 29 Sept 2026.
When is the allotment date?
The allotment date is 30 Sept 2026.
When is the listing date?
The listing date is 5 Oct 2026 on BSE, NSE.