Mumbai: The Initial Public Offering of German Green Steel and Power Limited was subscribed 28.98 times on the final day of bidding.

The issue received bids of 46,54,84,454 equity shares against the offered 1,60,62,879 equity shares, according to data available on the stock exchanges.

Retail and Qualified Institutional Buyers (QIB) Portion were subscribed 22.83 times and 20.93 times, respectively. Non-Institutional Investors (NII) Portion was subscribed 54.03 times.