German Green Steel IPO Final Subscription Status
Final subscription data from BSE & NSE with category-wise breakdowns
Subscription (Shares)
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 43,72,664 | 9,58,05,874 | 21.91 |
| NII | 32,79,496 | 18,61,63,094 | 56.77 |
| bNII (>10 Lakh) | 21,86,331 | 12,41,43,647 | 56.78 |
| sNII (2-10 Lakh) | 10,93,165 | 6,20,19,447 | 56.73 |
| Retail | 76,52,158 | 18,35,19,231 | 23.98 |
| TOTAL | 1,53,04,318 | 46,54,88,199 | 30.42 |
Application Breakup
| Category | Reserved | Applications | Times |
|---|---|---|---|
| NII | 2,189 | 1,24,274 | 56.77 |
| bNII (>10 Lakh) | 1,460 | 17,062 | 11.69 |
| sNII (2-10 Lakh) | 730 | 41,402 | 56.72 |
| Retail | 71,515 | 17,15,133 | 23.98 |
| TOTAL | 75,894 | 18,97,871 | 25.01 |
Subscription (Crores)
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIB | 60.78 | 1,331.70 | 21.91 |
| NII | 45.58 | 2,587.67 | 56.77 |
| bNII (>10 Lakh) | 30.39 | 1,725.60 | 56.78 |
| sNII (2-10 Lakh) | 15.19 | 862.07 | 56.73 |
| Retail | 106.36 | 2,550.92 | 23.98 |
| TOTAL | 212.73 | 6,470.29 | 30.42 |
Day-wise Subscription
End-of-day subscription.
| Day | QIB | NII | bNII | sNII | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 25 Sept | 1.39x | 2.59x | 2.65x | 2.45x | 1.74x | 1.82x |
| Day 2 28 Sept | 1.40x | 8.22x | 6.82x | 11.01x | 6.46x | 5.39x |
| Day 3 29 Sept | 21.91x | 56.77x | 56.78x | 56.73x | 23.98x | 30.42x |
Estimated Allotment Chance
How German Green Steel’s demand compares with recent Mainboard IPOs
Final multiples against the 111 Mainboard IPOs listed in the last 12 months.
| Category | German Green Steel | Mainboard median | Higher than |
|---|---|---|---|
| Overall | 30.42x | 20.43x | 55% of 111 |
| QIB | 21.91x | 23.21x | 50% of 111 |
| NII (HNI) | 56.77x | 22.76x | 61% of 110 |
| Retail | 23.98x | 7.85x | 68% of 106 |
Of the 21 recent Mainboard IPOs that finished 10x–50x subscribed, 76% opened above the issue price, with a median listing-day move of +7.1%. German Green Steel itself listed at +3.2%.
German Green Steel IPO Subscription — Detailed Analysis
Where German Green Steel Subscription Finished
German Green Steel IPO was subscribed 30.42 times overall by the close of bidding — a heavily oversubscribed level that signals strong investor demand.
German Green Steel IPO Subscription — FAQs
See also: reading the subscription table · allotment chances · allotment process
Explore More
Quick links to all IPO sections