SENSEX 74,729.27 NIFTY 50 23,146.15 USD/INR 94.95 GOLD ₹1,46,430/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,10,312/kg
SENSEX 74,729.27 NIFTY 50 23,146.15 USD/INR 94.95 GOLD ₹1,46,430/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,10,312/kg
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German Green Steel & Power IPO

GERMAN · Steel & Iron Products · BSE,NSE

ListedMainboard

IPO Opportunity Score

60/100

Average Opportunity

Apply?

Selective Apply

Risk

Moderate

Est. listing gain

5–8%

Retail allotment odds

3%

HNI allotment odds

4.8%

Mixed signals — selective apply only if thesis fits your risk appetite. Prefer 1 lot to limit capital blocked.

Retail and HNI allotment odds are illustrative (often using total subscription as a proxy when category-wise data is unavailable).

🟠 Subscription heat: High Interest

Price band

₹132 – ₹139

GMP

+₹9.5 (+6.83%)

Est. listing

₹148.5

Issue size

₹304 Cr

Subscription

33.5x

Min. investment

₹14,873

GMP last updated: 5-Oct 9:37

IPO DNA

A multi-dimensional read instead of a single number. 3 of 8 dimensions can be assessed from the data we receive — the rest are shown as gaps rather than filled with placeholder scores.

Relative strengths

Demand

Relative weaknesses

None of the measurable dimensions score below 50.

Business Quality

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Growth

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Financial Strength

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Valuation

No data

Valuation multiples and peer comparables are not available from our current data sources.

Demand

85/100

Total subscription of 33.45x across all categories. Category-wise (QIB/NII/Retail) split is not published in our feed, so this is overall demand only.

Listing Setup

55/100

Derived from an unofficial grey-market premium of 6.83%. Last updated 5-Oct 9:37. GMP is unregulated and can reverse quickly.

Governance

No data

Promoter holding, pledge and anchor-investor data are not available from our current data sources.

Liquidity

62/100

Structural read from a ₹304 Cr issue. Mainboard listings usually see broader participation. This reflects issue structure, not observed post-listing volume.

Dimensions are analytical views built from published issue data and unofficial grey-market quotes. They are not a recommendation to apply for or avoid this IPO.

GMP Divergence Check

Cross-checks the unofficial grey-market premium against visible demand and issue structure, so a strong premium is not read in isolation.

No divergence detected

Premium and demand are broadly consistent

Checks we could not run

  • Valuation vs peers — multiples and comparables are not in our data sources.
  • Institutional (QIB) demand quality — category-wise subscription is not published in our feed.
  • Anchor-investor participation — not available from our data sources.

Grey-market premium is unofficial and unregulated. This check describes signal consistency only and is not investment advice.

Information Confidence

How complete and fresh the information behind this page is — kept separate from any view on the IPO itself, so a well-documented issue is never confused with an attractive one.

100%High completeness

Grey-market premium last updated 5-Oct 9:37.

Published (10)

Price band · Lot size · Issue size · Bidding dates · Listing date · Allotment date · Registrar details · RHP document · Company profile · Subscription figures

Awaiting disclosure (0)

Every expected field is available for this issue.

Not collected by this site

  • Company financials — revenue, profit, ROE/ROCE, debt
  • Valuation multiples and peer comparables
  • Category-wise subscription (QIB / NII / Retail / Employee)
  • Anchor investors and promoter holding
  • Fresh issue vs offer-for-sale split

Sources

  • officialExchange / issuer feed (price band, dates, lot size, documents)
  • unofficialGrey-market aggregator (premium only)

Scenario Lab

Test this issue against your own assumptions. Every output here is a scenario you control, not a forecast of what will happen.

₹
₹1₹5,000
15000
150
%
03
%
040

Break-even price

₹140

1.01% above issue price

Capital deployed

₹14,873

107 shares

Costs recovered

₹149

Both legs of the trade

Tax assumption

20%

Applied to gains above break-even

Cost and tax inputs are yours to set — we do not apply a default brokerage plan or assume your tax slab. Confirm actual charges with your broker and tax treatment with a qualified professional. Scenarios are illustrative and not predictions.

About the company

Sector: SteelSector m-cap: ₹935.08 CrISIN: INE0D4501011
German Green Steel and Power Limited is engaged in the manufacturing of iron and steel products, with its operations primarily concentrated in western India, particularly in Gujarat. The company has established a significant presence in the TMT bar segment through its "German TMT" brand. The company operates two production facilities in Gujarat. Its Samakhiyali plant functions as a vertically integrated manufacturing unit, while the Viramgam plant is operated through its subsidiary, German TMX Private Limited. These facilities support the production of a diversified range of steel products. German Green Steel and Power Limited manufactures TMT Bars, MS Billets, and Sponge Iron. The company's TMT bar product range is available in sizes from 8 mm to 40 mm, catering to various construction and infrastructure requirements. Its registered and corporate office is located in Ahmedabad, Gujarat, while the strategically located Samakhiyali facility benefits from proximity to major ports in the state. During the nine months ended December 31, 2024, a substantial portion of the company's revenue was generated through its distributor and dealer network. The business primarily follows a B2B model, serving distributors, dealers, and institutional customers who further supply products to contractors, builders, and other end-users in the construction sector.

Issue details

Face value₹10
Lot size107
Min. quantity107
Cut-off price₹139
Listing price₹142
ISININE0D4501011
Bidding hours (IST)10:00 – 17:00

Timeline

Pre-apply starts24 Sept 2026
Bidding opens25 Sept 2026
Bidding closes29 Sept 2026
Allotment starts30 Sept 2026
Allotment date1 Oct 2026
Refund initiation1 Oct 2026
Listing date5 Oct 2026
Mandate end10 Nov 2026

Registrar

Bigshare Services Private Limited

Contact: Babu Rapheal

Phone: +91 22 6263 8200

ipo@bigshareonline.comVisit registrar website →

IPO data from Upstox; GMP from unofficial grey-market aggregators. GMP is not regulated and does not guarantee listing performance. Scorecard uses GMP + subscription heuristics — not investment advice.

About German Green Steel & Power IPO IPO

IPO detail with price band, GMP, scorecard, subscription heat, timeline and registrar links.

How it works

Review the opportunity score and documents (RHP/DRHP), then use allotment or GMP calculators.

Practical tips

Note allotment and listing dates on your calendar before you apply.

Important to know

GMP and scores are informational — not apply advice.

Frequently Asked Questions

What details are shown for German Green Steel & Power IPO?
Company summary, price band, timeline, lot size, and grey-market premium (GMP) when the data source provides them.
What is GMP and should I trust it?
GMP is an unofficial grey-market indication of listing sentiment. It can reverse quickly and is not a guarantee of listing gains.
Can I apply for the IPO on EnrichReturns?
No. Apply via ASBA through your bank or broker UPI flow as per the exchange process.
Where should I read official risk disclosures?
Always read the Red Herring Prospectus (RHP) and exchange filings. This page is informational, not investment advice.
How fresh is subscription and GMP data?
Figures depend on upstream feeds and may lag. Confirm live subscription on NSE/BSE and treat GMP as speculative.
Is SME different from mainboard?
Yes. SME IPOs have different lot sizes, eligibility, and liquidity profiles. Check the issue type before applying.