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German Green Steel & Power Ltd. IPO

German Green Steel & Power Ltd. IPO is listed. It opens on 25 Sept 2026 and closes on 29 Sept 2026. The price band is ₹132 to ₹139. One lot is 107 shares. The issue size is ₹303.9 crore. Listing is on 5 Oct 2026.

Mainboard · GERMAN

  1. Announced
  2. Upcoming
  3. Open
  4. Closed
  5. Allotment done
  6. Listed

Finfod Research DeskUpdated 5 Oct 2026How we check

By Finfod Research Desk

  • Status

    Listed

  • Price band

    ₹132–₹139

  • Lot size

    107 shares

  • Minimum investment

    ₹14,873 for 1 lot

  • Issue size

    ₹303.9 crore

  • Dates

    25 Sept 2026 – 29 Sept 2026

This page keeps the public figures for the German Green Steel & Power Ltd. IPO in one place. When a price band is shown, it is the range of prices you can bid. The lot size is the smallest number of shares in one application. The minimum investment is one lot at the top of that band. The issue size is the amount being offered. A fresh issue is new shares, and the company receives that money. An offer for sale is shares sold by existing holders. The dates run from the day the issue opens to the day it lists. Allotment is the day shares are assigned. Refunds go back to people who were not allotted shares. Demat credit is the day allotted shares show in a demat account. Subscription, when it is shown, is how many times each category bid. A grey market premium, when it is shown, is unofficial and is not a guarantee of the listing price. The links go to the prospectus and the exchange notices when they are published. Nothing on this page is a recommendation to apply.

In FY26, German Green Steel & Power Ltd. reported total income was ₹1,685.38 crore and profit after tax was ₹79.89 crore. Total income was up 11.1% from ₹1,517.21 crore in FY25. Profit after tax was up 33.3% from ₹59.94 crore in FY25.

The German Green Steel & Power Ltd. issue is a fresh issue of ₹290 crore and an offer for sale of ₹13.9 crore. A fresh issue is new shares, so the company receives that money. An offer for sale is shares sold by existing holders.

The German Green Steel & Power Ltd. timeline is: opens on 25 Sept 2026, closes on 29 Sept 2026, allotment is on 30 Sept 2026, refunds are on 1 Oct 2026, demat credit is on 1 Oct 2026, listing is on 5 Oct 2026.

The minimum retail application for German Green Steel & Power Ltd. is ₹14,873 for 1 lot.

The total subscription for German Green Steel & Power Ltd. is 30.42 times.

German Green Steel & Power Ltd. listed at ₹142.

Dates

  1. Opens

    25 Sept 2026

  2. Closes

    29 Sept 2026

  3. Allotment

    30 Sept 2026

  4. Refunds

    1 Oct 2026

  5. Demat credit

    1 Oct 2026

  6. Listing

    5 Oct 2026

German Green Steel & Power makes steel products, mainly TMX bars, with a strong presence in Gujarat. It serves construction and infrastructure demand in western India.

Objects of the issue

  • 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
  • General Corporate Purposes
  • Issue Expenses

Promoters

Inamulhaq Shamsulhaq Iraki, Abdulhaq Shamsulhaq Iraki and Ibrarulhaq Inamulhaq Iraki

Subscription

Subscribed 30.42x overall. Final, as of 29 Sept 5 pm IST.

  • QIB

    21.91x

  • NII

    56.77x

  • Retail

    23.98x

  • Total

    30.42x

Issue

Face value
₹10
Fresh issue
₹290 crore
Offer for sale
₹13.9 crore
Exchanges
BSE, NSE
Registrar
Bigshare Services Pvt. Ltd.

Reservation

Retail
35%
NII
15%
QIB
50%

Financials

₹ crore, for the last three reported years.

YearTotal incomePATNet worthAssetsBorrowings
FY261,685.3879.89421.55——
FY251,517.2159.94292.55——
FY241,137.5441.67176.06——

Listing

Listing price
₹142
Close on listing day
₹128.33
Listing gain
2.16% versus ₹139

Frequently asked questions

What is the price band?

The price band is ₹132 to ₹139.

When does this issue open?

It opens on 25 Sept 2026 and closes on 29 Sept 2026.

What is the minimum investment?

The minimum retail application is ₹14,873 for 1 lot.

How many times was it subscribed?

The total subscription is 30.42 times, checked 29 Sept 2026, 5:00 pm IST.

When is allotment?

Allotment is on 30 Sept 2026.

What was the listing gain?

The listing gain against the top of the price band is 2.16%.

The questions above use only the figures on this page.

This page is a calendar of dates and prices. It is not a recommendation to apply.

German Green Steel & Power Ltd. IPO: 25 Sept 2026, ₹132–₹139, Listed | Finfod