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The Economic Times
The Economic Times
Business
Ritesh Presswala

German Green Steel IPO opens for subscription: GMP indicates 20% potential listing gain. Should you subscribe?

IPO GMP Anand Rathi Gujarat NSE

The German Green Steel IPO opened for subscription on Friday, September 25, 2026, giving investors a three-day bidding window. In the grey market, the issue commands a 20% premium, signalling strong expectations for its listing.

The Rs 303.90 crore IPO is a book-built issue, comprising a fresh issue of 2.09 crore shares worth Rs 290 crore and an offer for sale (OFS) of 10 lakh shares aggregating to Rs 13.90 crore.

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