IPO allotment status explained: German Green Steel IPO and how to check on NSE, BSE, Bigshare

Why 'allotment status' trended in India on September 30, 2026

The term allotment status experienced a sharp rise in Google Trends India on September 30, 2026, coinciding with the expected finalisation of the basis of allotment for the German Green Steel and Power Ltd IPO [1]. The Google Trends snapshot recorded a 500% growth in searches for the term, indicating heightened investor interest after the bidding period closed on September 29 [4]. This signal reflects past search activity and is no longer active.

How to check IPO allotment status on the NSE website

1. Visit the NSE IPO bid verification page.
2. Select Equity and SME IPO bid details.
3. From the dropdown menu, choose GERMAN (the symbol for German Green Steel and Power Ltd).
4. Enter your PAN and application number.
5. Click the Submit button to view the allotment result.

Details of the procedure are provided in the Zee Business guide [1].

How to check IPO allotment status on the BSE website

1. Go to the BSE application check page.
2. Set the issue type to Equity.
3. Select German Green Steel and Power Limited from the company list.
4. Provide your application number or PAN.
5. Click Search to see whether shares have been allotted.

The steps are also outlined in the Zee Business article [1].

How to check IPO allotment status via the registrar (Bigshare Services)

1. Open the Bigshare IPO status portal.
2. From the drop‑down menu, select German Green Steel and Power Limited.
3. Enter your PAN, application number, or demat account details.
4. Press Submit to retrieve the allotment status.

Bigshare Services, the registrar for this IPO, has been operational since 1994 and was ranked No. 1 by number of IPO assignments in 2023‑24 [2].

Subscription highlights of the German Green Steel IPO

Investor Category	Subscription Multiple	Bids Received (Shares)	Shares Reserved
Qualified Institutional Buyers (QIB)	20.93×	9,58,05,874	45,78,030
Non‑Institutional Investors (NII)	54.03×	18,61,63,094	34,45,455
Retail Individual Investors (RII)	22.83×	18,35,21,050	80,39,394

The issue was a book‑built offer of ₹303.90 crore, consisting of a fresh issue of 2.09 crore shares (₹290 crore) and an offer for sale of 10 lakh shares (₹13.90 crore) [1]. The price band was set at ₹132–₹139 per share, with a lot size of 107 shares, meaning a retail investor needed at least ₹14,873 to apply for one lot at the upper band.

Allotment was expected to be finalised around September 29‑30, 2026, and the shares were proposed for listing on the NSE and BSE with a tentative listing date of October 5, 2026 [1].