German Green Steel and Power (GTMT) IPO GMP today is Rs 15. Investors can use this GMP along with price band and subscription status for a better IPO review.
Upcoming
Mainboard IPO
GERMAN
German Green Steel and Power (GTMT) IPO GMP & Subscription Status Today
German Green Steel and Power is a vertically integrated iron and steel manufacturer primarily operating in the western region of India. The company focuses on manufacturing thermo-mechanically treated bars, mild steel billets, and sponge iron. It serves a diversified client base comprising distributors, dealers, and direct institutional customers across sectors like real estate, roadways, and thermal plants. The company operates two manufacturing facilities located in Samakhiyali and Viramgam in Gujarat. A notable feature of its operations is the integration of captive coal-based power plants, waste heat recovery systems, and hybrid wind and solar power setups, which provide cost-effective energy for its intensive manufacturing requirements. The company generates revenue predominantly from domestic sales within Gujarat, complemented by minor international exports, positioning itself as a key supplier in the regional steel supply chain.
- Price Band
- ₹132.00 - ₹139.00
- Lot Size
- 107 Shares
- Bidding Closes
- 29 Sept 2026
- Listing Date
- 05 Oct 2026
Current GMP Status
₹15
+10.79% vs upper band
Est. Listing Gain
+10.79%
Last Trend
TBA
Listing Price
Est. ₹154
Retail Entry
₹14,873
IPO Details
Complete IPO information
| Current GMP | ₹15 |
|---|---|
| Estimated Listing Gain | +10.79% |
| Price Band | ₹132.00 - ₹139.00 |
| Issue Price | Approx ₹303.90 Crores |
| Listing Price | Est. ₹154 |
| Lot Size | 107 Shares |
| Issue Type | Mainboard |
| Registrar | Bigshare Services Pvt. Ltd. |
| Exchange | BSE, NSE |
| Retail Quota | TBA |
| Overall Subscription | TBA |
| Listing Date | 05 Oct 2026 |
| Minimum Investment | ₹14,873 |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, German Green Steel and Power (GTMT) is priced at ₹139 per share. With a minimum lot size of 107 shares, a retail investor applying for one lot would need approximately ₹14,873 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for German Green Steel and Power (GTMT) stands at ₹15, implying an estimated listing gain of around 10.79% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
01
Bidding Opens Next
25 Sept 2026
02
Bidding Closes
29 Sept 2026
03
Allotment
30 Sept 2026
04
Listing
05 Oct 2026
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 107 | ₹14,873 |
| Retail Maximum | 13 Lot | 1,391 | ₹1,93,349 |
| S-HNI Minimum | 14 Lot | 1,498 | ₹2,08,222 |
| S-HNI Maximum | 67 Lot | 7,169 | ₹9,96,491 |
| B-HNI Minimum | 68 Lot | 7,276 | ₹10,11,364 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
FAQ
German Green Steel and Power (GTMT) IPO FAQs
German Green Steel and Power (GTMT) IPO price band is Rs 132.00 to Rs 139.00. Check the latest issue price, lot size and GMP together before applying.
German Green Steel and Power (GTMT) IPO open date is 25 Sept 2026, close date is 29 Sept 2026, and listing date is 05 Oct 2026.
German Green Steel and Power (GTMT) IPO lot size is 107 shares. The minimum retail investment is Rs 14,873.
German Green Steel and Power (GTMT) is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
German Green Steel and Power (GTMT) IPO subscription status currently shows Subscription data is currently awaited.
German Green Steel and Power is a vertically integrated iron and steel manufacturer primarily operating in the western region of India. The company focuses on manufacturing thermo-mechanically treated bars, mild steel billets, and sponge iron. It serves a diversified client base comprising distributors, dealers, and direct institutional customers across sectors like real estate, roadways, and thermal plants. The company operates two manufacturing facilities located in Samakhiyali and Viramgam in Gujarat. A notable feature of its operations is the integration of captive coal-based power plants, waste heat recovery systems, and hybrid wind and solar power setups, which provide cost-effective energy for its intensive manufacturing requirements. The company generates revenue predominantly from domestic sales within Gujarat, complemented by minor international exports, positioning itself as a key supplier in the regional steel supply chain.
German Green Steel and Power (GTMT) IPO issue size is TBA and the expected allotment date is 30 Sept 2026.
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