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₹ 14873
₹132- ₹139
107
₹
-0
29 Sep 2026
Download1 Oct 2026
5 Oct 2026
Application Details
German Green Steel IPO is a book build issue of ₹303.90 crores. The issue is a combination of fresh issue of 2.09 crore shares aggregating to ₹290.00 crores and offer for sale of 10.00 lakh shares aggregating to ₹13.90 crores.
German Green Steel IPO opens for subscription on Sep 25, 2026 and closes on Sep 29, 2026. The allotment for the German Green Steel IPO is expected to be finalized on Sep 30, 2026. German Green Steel IPO will list on NSE and BSE with a tentative listing date fixed as Oct 5, 2026.
German Green Steel IPO is set issue price band at ₹132 to ₹139 per share. The lot size for an application is 107 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,873 (107 shares) (based on upper price).
Systematix Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
About German Green Steel & Power Limited
Incorporated in 2008, 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. The company is predominantly conducted on a business-to-business basis with three (3) major types of customers, namely (i) distributors, (ii) dealers and (iii) institutional customers. The brand “German TMT” has established strong recognition for TMT Bars in Gujarat.
Product Portfolio:
- TMT Bars,
- MS Billets, and
- Sponge Iron, with
- TMT bar
The company's manufacturing capabilities ranging from 8 mm to 40 mm. The corporate and registered office is located in Ahmedabad, Gujarat, and the Samakhiyali Facility is situated close to ports in Gujarat.
The company operates two manufacturing facilities in Gujarat: the Samakhiyali Facility, which is vertically integrated, and the Viramgam Facility, operated through its material subsidiary, German TMX Private Limited. They are currently in the process of expanding the installed capacity of Sponge Iron at their Samakhiyali Facility from 66,000 MTPA to approximately 1,48,500 MTPA, MS billets production capacity from 2,14,500 TPA to 4,12,500 TPA and existing installed TMT Bars production capacity at the Samakhiyali Facility from 181,500 MTPA to 346,500 MTPA.
For the nine months ended December 31, 2024, the majority of sales were generated through a network of distributors and dealers. Business operations are predominantly conducted on a business-to-business basis, catering to three primary customer segments: distributors, dealers, and institutional customers. These intermediaries supply products to builders and contractors.
As of March 31, 2026, the company's workforce comprised 1,357 employees, and they utilised the services of 143 contract labourers.
Competitive Strengths:
- Vertically integrated manufacturing setup, including captive power capacity
- Extensive distribution network in Gujarat with long-term customer relationships
- Experienced promoters supported by a strong management and execution team
- Strong brand recall driven by quality products
- Track record of growth in financial performance
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.