German Green Steel IPO listing: listed at ₹142, +2.2% over the issue price
German Green Steel listed on NSE, BSE on 5 Oct 2026 at ₹142 per share, +₹3 (+2.2%) against the upper price band of ₹139. The issue (price band ₹132 – ₹139, bidding 25 Sep 2026 to 29 Sep 2026) was subscribed 30.42x overall. The last grey-market premium we captured before listing was ₹10 on 4 Oct 2026 (daily average of 11 quotes), which implied a listing price of ₹149; the shares listed at ₹142, ₹7 below that.
Updated 6 Oct 2026, 19:02 IST. Dated dealer references.
Listing day facts
| Listing date | 5 Oct 2026 |
|---|---|
| Exchange | NSE, BSE |
| Listing price | ₹142 |
| Upper price band (issue price basis) | ₹139 |
| Gain or loss vs upper band | +₹3 per share (+2.2%) |
| Price band | ₹132 – ₹139 |
| Issue dates | 25 Sep 2026 to 29 Sep 2026 |
| Subscription (overall, at close) | 30.42x, as of 29 Sep 2026 |
| Lot size | 107 shares |
| Gain or loss per lot vs upper band | +₹321 |
Grey-market premium against the actual listing
The last grey-market premium we captured before listing was ₹10 on 4 Oct 2026 (daily average of 11 quotes), which implied a listing price of ₹149; the shares listed at ₹142, ₹7 below that.
| Date | GMP | Implied listing price | Actual listing vs implied | Quotes captured |
|---|---|---|---|---|
| 22 Sep 2026 | ₹15 | ₹154 | −₹12 (−7.8%) | 6 |
| 23 Sep 2026 | ₹17 | ₹156 | −₹14 (−9.0%) | 9 |
| 24 Sep 2026 | ₹27 | ₹166 | −₹24 (−14.5%) | 10 |
| 25 Sep 2026 | ₹29 | ₹168 | −₹26 (−15.5%) | 11 |
| 26 Sep 2026 | ₹26 | ₹165 | −₹23 (−13.9%) | 11 |
| 27 Sep 2026 | ₹28 | ₹167 | −₹25 (−15.0%) | 12 |
| 28 Sep 2026 | ₹27 | ₹166 | −₹24 (−14.5%) | 9 |
| 29 Sep 2026 | ₹18 | ₹157 | −₹15 (−9.6%) | 10 |
| 30 Sep 2026 | ₹13 | ₹152 | −₹10 (−6.6%) | 9 |
| 1 Oct 2026 | ₹14 | ₹153 | −₹11 (−7.2%) | 4 |
| 2 Oct 2026 | ₹13 | ₹152 | −₹10 (−6.6%) | 12 |
| 3 Oct 2026 | ₹11 | ₹150 | −₹8 (−5.3%) | 13 |
| 4 Oct 2026 | ₹10 | ₹149 | −₹7 (−4.7%) | 11 |
GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged by day. Only the price band and the exchange listing price are official.
Frequently asked questions
What was the German Green Steel IPO listing price?
German Green Steel listed on NSE, BSE on 5 Oct 2026 at ₹142 per share.
How did German Green Steel list against the issue price?
The listing price of ₹142 was +₹3 per share (+2.2%) against the upper price band of ₹139.
What did the grey market indicate before German Green Steel listed?
The last grey-market premium we captured before listing was ₹10 on 4 Oct 2026 (daily average of 11 quotes), which implied a listing price of ₹149; the shares listed at ₹142, ₹7 below that. GMP is unofficial and not a forecast.
Where do German Green Steel shares trade now?
On NSE, BSE. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.
German Green Steel IPO overview · GMP history · Subscription status · Allotment status
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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