German Green Steel and Power IPO subscription status
How many shares have been bid for, category by category, from the exchange's bid book, with the number of applications where the exchange publishes it and the arithmetic chance of getting the minimum allotment.
- Subscribed overall
- 23.21×
- 29 Sept 2026, 19:00 IST
- Retail
- 16.97×
- Non-institutional
- 47.20×
- Qualified institutions
- 16.10×
Bid book as on 29 Sept 2026, 19:00 IST, day 3 of bidding, as published by NSE. Times subscribed = shares bid ÷ shares offered to the category (the anchor portion is not part of the book).
By category
Shares offered, shares bid and applications, as the exchange reports them.
| Category | Shares offered | Shares bid | Times | Applications |
|---|---|---|---|---|
| Qualified institutions | 45,78,030 | 7,37,04,489 | 16.10× | - |
| Foreign institutions | - | 1,17,46,353 | - | - |
| Banks, FIs and insurers | - | 2,82,97,434 | - | - |
| Mutual funds | - | 0 | - | - |
| Other institutions | - | 3,36,60,702 | - | - |
| Non-institutional | 34,45,455 | 16,26,26,732 | 47.20× | - |
| Above ₹10 lakh | - | 11,10,15,068 | - | - |
| ₹2 to 10 lakh | - | 5,16,11,664 | - | - |
| Retail | 80,39,394 | 13,64,15,584 | 16.97× | - |
| Total | 1,60,62,879 | 37,27,46,805 | 23.21× | - |
NSE does not publish application counts for mainboard issues; the registrar's basis of allotment gives them after bidding closes.
Day by day
The last bid book of each bidding day.
| Day | As on | Institutions | Non-institutional | Retail | Overall |
|---|---|---|---|---|---|
| Day 1 | 25 Sept, 17:00 | 1.32× | 2.23× | 1.36× | 1.54× |
| Day 2 | 28 Sept, 17:00 | 1.33× | 6.67× | 4.64× | 4.14× |
| Day 3 | 29 Sept, 19:00 | 16.10× | 47.20× | 16.97× | 23.21× |
The chance of getting the minimum allotment
Where a category is oversubscribed, the registrar draws lots: each successful application gets the minimum and no more. So the chance is the number of minimum applications the category can fill, divided by the applications received.
| Category | Minimum application | Minimums available | Applications | Chance, from the bid book |
|---|---|---|---|---|
| Retail | 107 shares · ₹14,873 | 75,134 | not published | at least 1 in 17 |
| Non-institutional, ₹2 to 10 lakh | 1,498 shares · ₹2,08,222 | 766 | not published | at least 1 in 45 |
| Non-institutional, above ₹10 lakh | 7,276 shares · ₹10,11,364 | 315 | not published | at least 1 in 48 |
Arithmetic on the bid book, not a view on the shares. Where applications are not published, the figure is a floor ("at least"): shares bid ÷ the minimum application is the most applications there can be. Invalid and duplicate bids are removed before the draw, so the real ratio is usually better. The minimum application is at the upper end of the price band. Method: how the chance is worked out.
Timeline
Add to calendar- Anchor investors bid24 Sept
- Bidding opens25 Sept, 10:00
- Bidding closes29 Sept, 17:00
- UPI mandate cut-off29 Sept, 17:00
- Allotment finalised30 Sept
- Refunds and UPI unblocks1 Oct
- Shares credited to demat1 Oct
- Listing and first trade5 Oct, 10:00
- Anchor lock-in ends on half30 Oct
- Anchor lock-in ends on the rest29 Dec
Bidding dates and cut-offs from the exchange. Allotment, refund, credit and listing dates follow SEBI's T+3 timetable (working days after bidding closes); the exchange's notice is final when it differs. Times are IST.
German Green Steel and Power IPO: the next step, on Telegram
A message when there is news on each use-of-proceeds report the company files. Free, no account, leave in one tap. Send /stop to end it.
Read the offer-document study for German Green Steel and Power Limited
The figures on this page are the company's own, taken from its filings with the exchanges and SEBI, and every number links to the document and page it came from. They are reproduced as stated, not verified independently, and they are not forecasts by newboard.in. Nothing here is investment advice, a research report or a recommendation. newboard.in is not a SEBI-registered research analyst or investment adviser.