German Green Steel and Power Ltd IPO was priced at ₹132–₹139 per share with an issue size of ₹304 crore. The IPO opened on Sep 25, 2026 and closed on Sep 29, 2026, with a lot size of 107 shares and a minimum investment of ₹14,873.
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| Price Band | ₹132.00 - ₹139.00 per share |
| Lot Size | 107 shares |
| Min Investment | ₹14,873 |
| Total Issue Size | ₹304.00 crore |
| Shares Offered | 2,18,63,309 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Systematix Corporate Services Ltd., Emkay Global Financial Services Ltd., Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. |
| Listing At | BSE, NSE |
Issue price ₹139 · lot size 107 shares · estimated listing price ₹156 (GMP +₹17)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 107 | ₹14,873 | ₹16,692 | +₹1,819 |
| Retail (Max) | 13 | 1,391 | ₹1,93,349 | ₹2,16,996 | +₹23,647 |
| S-HNI (Min) | 14 | 1,498 | ₹2,08,222 | ₹2,33,688 | +₹25,466 |
| S-HNI (UPI limit) | 33 | 3,531 | ₹4,90,809 | ₹5,50,836 | +₹60,027 |
| S-HNI (Max) | 67 | 7,169 | ₹9,96,491 | ₹11,18,364 | +₹1,21,873 |
| B-HNI (Min) | 68 | 7,276 | ₹10,11,364 | ₹11,35,056 | +₹1,23,692 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹1685.38 Cr |
| Profit After Tax | ₹79.89 Cr |
| Net Worth | ₹421.55 Cr |
Promoters: Inamulhaq Shamsulhaq Iraki, Abdulhaq Shamsulhaq Iraki, Ibrarulhaq Inamulhaq Iraki
| Promoter Holding (Pre-Issue) | 96.63% |
| Promoter Holding (Post-Issue) | 68.54% |
German Green Steel and Power Limited is an iron and steel manufacturer primarily operating in the western region of India, with a strong presence in Gujarat and a focus on TMX Bars.
| Founded | 2008 |
| Headquarters | Ahmedabad, Gujarat |
| Industry | Iron and Steel |
| Website | https://www.germansteel.in/ |
| Registrar | Bigshare Services Pvt.Ltd. |
| Phone | 8657578989/8069219065/8069219060 |
| [email protected] |
11 answers about German Green Steel and Power Ltd IPO — dates, pricing, allotment and listing.
German Green Steel and Power Ltd IPO is a bookbuilding ipo of ₹304 crore. The issue was priced at ₹132–₹139 per share, with a lot size of 107 shares. Bidding ran from Fri, 25 Sep 2026 to Tue, 29 Sep 2026, with shares listed on BSE and NSE.
The price band was ₹132–₹139 per share.
One lot was 107 shares. Bids had to be placed in multiples of 107.
A retail investor needed at least ₹14,873 – one lot of 107 shares at ₹139, the upper end of the price band.
German Green Steel and Power Ltd IPO opened on Fri, 25 Sep 2026 and closed on Tue, 29 Sep 2026.
Allotment was finalised on Wed, 30 Sep 2026.
German Green Steel and Power Ltd shares were listed on Mon, 05 Oct 2026 on BSE and NSE.
The company intended to use the net proceeds towards funding the capital expenditure requirements of its manufacturing facility at samakhiyali, kutch, gujarat and hybrid wind and solar power plant, prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the company and general corporate purposes.
Systematix Corporate Services Ltd., Emkay Global Financial Services Ltd. and Pantomath Capital Advisors Pvt.Ltd. are the book running lead managers. Bigshare Services Pvt.Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the German Green Steel and Power Ltd IPO subscription page, and on the BSE and NSE websites.
From Wed, 30 Sep 2026, check the German Green Steel and Power Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.