The allotment status for the ₹303.90 crore German Green Steel & Power IPO is anticipated to be announced today, September 30, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, Bigshare Services Private Limited.

Following the completion of the allotment process, the shares are tentatively to be listed on the NSE and BSE on October 5 , 2026.

Procedure to Check German Green Steel & Power IPO Allotment Status Online on NSE

Visit the NSE’s IPO allotment verification status page here.
Select “Equity & SME IPO Bid Details”.
In Select, select “GERMAN”.
Enter your PAN No. and Application No.
Click “Submit”.

Procedure to Check German Green Steel & Power IPO Allotment Status Online on BSE

Click here to visit the application status page.
Under Issue Type, select “Equity”.
In Issue Name, select “German Green Steel & Power Limited”.
Enter your “Application No. or PAN No.”
Enter the given Captcha correctly.
Click “Submit”.

Procedure to Check German Green Steel & Power IPO Allotment Status on Bigshare Services (Registrar to the Issue)

Visit the Bigshare Services’ IPO allotment status page here.
Click on any one of the three servers available on the page.
In Select Company, select “German Green Steel & Power Limited”.
Enter any of the following details.

Application No./CAF No
Beneficiary ID
PAN Number

Enter the captcha and click “Search”.

German Green Steel & Power IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹303.90 crore
Fresh Issue: Up to ₹290.00 crore
Offer for Sale (OFS): Up to ₹13.90 crore
Face Value: ₹1 per equity share
Price Band: ₹132 to ₹139 per share
Lot Size: 107 shares
Minimum Investment Amount (Retail Investor): ₹14,873 (107 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: Systematix Corporate Services Limited, Emkay Global Financial Services Limited, Pantomath Capital Advisors Private Limited
Registrar: Bigshare Services Private Limited

Explore other Upcoming IPOs on BSE and NSE.

German Green Steel & Power IPO Overall Subscription Status

[September 29, 2026, 7:00 PM]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	20.93x
Non-Institutional Investors (NIIs)	54.03x
Retail Individual Investors (RIIs)	22.83x
Total	28.98x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Funding the capital expenditure requirements of the company towards expansion of its manufacturing facility at Samakhiyali, Kutch, Gujarat and hybrid wind and solar power plant (“Project”)
Prepayment or repayment, in full or in part, of certain outstanding borrowings availed by the company
General corporate purposes.

About German Green Steel & Power Limited

Established in 2008, German Green Steel & Power Limited is a Gujarat-based, vertically integrated steel manufacturer specialising in TMT bars and other long steel products. It operates manufacturing facilities in Samakhiyali and Viramgam through its subsidiary, German TMT Private Limited. The company manufactures TMT bars, MS billets and sponge iron, using recycled steel scrap as a key raw material.

The company has expanded its product portfolio to include value-added offerings such as cut-and-bend bars and epoxy-coated TMT bars. It also plans to manufacture stainless steel round bars and corrosion-resistant TMT bars. Its manufacturing facilities have received 4-star and 5-star Green Steel certifications in recognition of their sustainable steel production practices.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	1,678.98	1,507.571	1,129.78
EBITDA	166.96	116.81	793.33
Profit After Tax (PAT)	79.88	59.94	41.66