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German Green Steel & Power Ltd IPO Day 1 Subscription Status

German Green Steel & Power Ltd

IPO Day 1 Subscription Status

German Green Steel & Power Ltd IPO Day 1 Subscription Status

German Green Steel & Power Ltd IPO Day 1 Subscriptions details: check bidding details

German Green Steel & Power Ltd IPO day 1 subscription details:

The initial public offering of German Green Steel & Power Ltd ended the first day with investors bidding 0.42 the available shares on offer worth 303.90. The retail investor portion of the IPO was subscribed 0.52 times the available shares on offer. Retail investors have 50.05% of the total issue reserved for them.

At the end of bidding on day 1, the qualified institutional buyers' (QIB) portion of the 15.86% got bids for 0.24 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 0.44 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here's a snapshot of the subscription details:

Investor CategorySubscription (Times)
Qualified Institutional Buyers (QIB)0.24
Non-Institutional Investors (NII)0.44
Retail Individual Investors (RII)0.52
Total1.20

German Green Steel & Power Ltd IPO details :

German Green Steel & Power Ltd's IPO consists of an offer for sale of 13.90 shares and a fresh issue of ₹290.00. The IPO’s price band is ₹132 – ₹139 per share. The company’s shares will be listed on BSE, NSE on 05 Oct 26.

Here are the key details of German Green Steel & Power Ltd IPO

Offer for sale: 13.90 shares

Fresh issue: 290.00

Price Band: ₹132 – ₹139 per share

Bid open dates: 25 Sep 26

Allotment date: 30 Sep 26

Listing date: 05 Oct 26

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