German Green Steel & Power has debuted at Rs 143.50 on the BSE, up by 4.50 points or 3.24% from its issue price of Rs 139.00.
The scrip is currently trading at Rs 132.10, down by 6.90 points or 4.96% from its issue price.
It has touched a high and low of Rs. 143.50 and Rs. 127.20 respectively. So far 16.68 lakh shares were traded on the counter.
The offering, which was open for subscription from September 25, 2026 to September 29, 2026 was subscribed 30.42 times. The issue price was fixed at Rs 139 per share i.e. at upper end of price band of Rs 132-139 apiece.
German Green Steel & Power is a vertically integrated iron and steel manufacturer. Its product portfolio comprises mainly of TMT Bars, MS Billets and Sponge Iron. Additionally, the company has expanded its product portfolio by entering the value-added steel products segment with the commencement of production of cut and bend bars and epoxy coated TMT bars.