German Green Steel and Power (GTMT) IPO Opens Today — GMP ₹28, Price Band ₹132 – ₹139, Apply or Skip?

German Green Steel and Power (GTMT) opened for subscription on 25 Sept and closes on 29 Sept 2026. GMP is ₹28 (about 20.1% over the cap price), and the issue is 1.73x subscribed so far.

German Green Steel and Power (GTMT) IPO Subscription Status

Updated through the bidding window; final numbers settle after the issue closes.

German Green Steel and Power (GTMT) IPO GMP (Grey Market Premium)

The latest grey market premium for German Green Steel and Power (GTMT) is ₹25 (about 18.0% over the cap price). GMP is an unofficial, over-the-counter figure that can change through the day and is not endorsed by SEBI or the exchanges.

Should You Apply to German Green Steel and Power (GTMT) IPO?

As things stand, the grey market premium points to a listing near ₹167 (about 20.1%), the issue is subscribed 1.73x overall so far, retail is at 1.65x. Judge the price against the company's earnings and your holding period, not the GMP alone.

How to Apply for German Green Steel and Power (GTMT) IPO

• Log in to your broker's IPO section and select German Green Steel and Power (GTMT).
• Bid at the cut-off price for the best chance of allotment (retail).
• Enter the number of lots (minimum 107 shares) and submit your UPI ID.
• Approve the mandate request in your UPI app before the cut-off time to block the funds.

Quick facts: Price band ₹132 – ₹139 · Lot 107 shares (~₹14,873) · Bidding 25 Sept – 29 Sept · Listing 5 Oct on BSE, NSE · Registrar Bigshare Services Pvt. Ltd.

More on German Green Steel and Power (GTMT) IPO

• German Green Steel and Power (GTMT) IPO — live GMP, subscription & allotment status
• German Green Steel and Power (GTMT) IPO listing gain calculator
• All Mainboard IPOs
• Full IPO list with GMP

This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.