German Green Steel IPO Subscription Status — Day-wise, QIB, NII & Retail
German Green Steel IPO subscription status shows how many times the issue was bid for, split across QIB, NII and retail categories. It was subscribed 23.21x on NSE at close (NSE + BSE combined 29.00x), as of 29 Sep 2026, 19:00 IST (NSE) — the category breakdown is below.
Subscription window: 25 Sep 2026 to 29 Sep 2026. Page data as of 9 Oct 2026.
German Green Steel subscription day-wise
| Category | Day 1 25 Sep | Day 2 28 Sep | Final 29 Sep |
|---|---|---|---|
| QIB | 1.32x | 1.33x | 16.10x |
| NII | 2.21x | 6.67x | 47.20x |
| bNII (above Rs 10 lakh) | 2.35x | 5.73x | 48.33x |
| sNII (Rs 2–10 lakh) | 1.94x | 8.56x | 44.94x |
| Retail (RII) | 1.25x | 4.64x | 16.97x |
| Total | 1.48x | 4.14x | 23.21x |
Cumulative NSE bids at the end of each bidding day, keyed by NSE's own data date; the issue closes 29 Sep 2026. Columns are numbered by captured days; if a day was missed the count is lower, never shifted.
German Green Steel subscription by category
| Category | Shares offered | Shares bid for | Times subscribed |
|---|---|---|---|
| QIB | 4,578,030 | 73,704,489 | 16.10x |
| NII | 3,445,455 | 162,626,732 | 47.20x |
| bNII (above Rs 10 lakh) | 2,296,970 | 111,015,068 | 48.33x |
| sNII (Rs 2–10 lakh) | 1,148,485 | 51,611,664 | 44.94x |
| Retail (RII) | 8,039,394 | 136,415,584 | 16.97x |
| Total | 16,062,879 | 372,746,805 | 23.21x |
NSE bids only, as of 29 Sep 2026, 19:00 IST (NSE); NSE + BSE combined total 29.00x. A dash means NSE had not reported that row. Symbol GERMAN.
German Green Steel subscription categories explained
- QIB — qualified institutional buyers (mutual funds, banks, FIIs). Strong QIB demand is often read as a confidence signal.
- NII / HNI — non-institutional bids above Rs 2 lakh (sNII Rs 2–10 lakh, bNII above Rs 10 lakh).
- Retail — applications up to Rs 2 lakh. Heavy retail oversubscription means allotment by lottery.
How subscription affects German Green Steel allotment and GMP
The more the retail portion is oversubscribed, the lower each applicant's odds — allotment becomes a lottery for one lot. GMP is unofficial and volatile — never a forecast. See German Green Steel's GMP page and how allotment works in allotment tips.
FAQs
What is German Green Steel IPO subscription status?
German Green Steel was subscribed 23.21x on NSE (29.00x NSE and BSE combined) as of 29 Sep 2026, 19:00 IST (NSE). The table on this page breaks that down by QIB, NII and retail.
Does high subscription mean I will get German Green Steel allotment?
No — the opposite. Heavy retail oversubscription means allotment is by lottery, so your odds fall. High subscription signals demand, but does not improve your individual allotment chance.