Investments
German Green Steel & Power IPO logo

German Green Steel & Power IPO 2026

Listed
BSE, NSE Bookbuilding IPO
Issue Size

₹304.00 Cr

Price Band

₹132 – ₹139

Lot Size

107

shares per lot

Min Investment

₹14,873

Est. Profit / Lot

+₹1,017

107 shares

Listing Date

Oct 05

2026

GMP Trend

Unofficial / Indicative

Grey Market Premium is unofficial, unregulated, and does not represent a guaranteed listing price.

Latest GMP

+₹10

GMP %

+6.8%

Indicative Listing

₹149

Est. Profit/Lot

+₹1,017

IPO Details

Issue Information

Issue Type Bookbuilding IPO
Listing At BSE, NSE

Issue Size & Shares

Issue Size ₹304.00 Cr
Fresh Issue 20,863,309 shares
Offer for Sale 1,000,000 shares
Total Shares 21,863,309
Face Value ₹10

Price & Investment

Price Band ₹132 – ₹139
Lot Size 107 shares
Min Investment ₹14,873
Max Investment ₹193,349
Per Lot Cost ₹14,124 – ₹14,873
Promoter Holding 96.63% → 68.54%

Important Dates

Open Date Sep 25, 2026
Close Date Sep 29, 2026
Anchor Date Sep 24, 2026
Allotment Date Sep 30, 2026
Refund Date Oct 01, 2026
Demat Credit Oct 01, 2026
Listing Date Oct 05, 2026

Listing Performance

Issue Price ₹139

IPO Timeline

Anchor Investor Bidding

Sep 24, 2026 ✓ Completed

IPO Opens

Sep 25, 2026 ✓ Completed

IPO Closes

Sep 29, 2026 ✓ Completed

Basis of Allotment

Sep 30, 2026 ✓ Completed

Refund Initiation

Oct 01, 2026 ✓ Completed

Demat Credit

Oct 01, 2026 ✓ Completed

Listing on Exchange

Oct 05, 2026 ✓ Completed

Registrar & Allotment Status

Registrar details, lead managers, and allotment status.

Registrar

Bigshare Services Pvt.Ltd.

Visit website
8657578989/8069219065/8069219060

Lead Managers

  • Systematix Corporate Services Ltd.
  • Emkay Global Financial Services Ltd.
  • Pantomath Capital Advisors Pvt.Ltd.

Allotment Finalized

Check your allotment status on the platforms below.

Finalized

Sep 30, 2026

Subscription Details

Latest subscription data as of Day 3 · Sep 29, 2026.

Category Subscription
QIB 21.91x
NII / HNI 56.77x
Retail 23.98x
B-HNI 56.28x
S-HNI 56.21x
Total 21.29x

Subscription

Date QIBbNIIsNIINIIRetail Total Shares Offered Shares Bid Applications
Day 1 1.39x — — 2.46x 1.74x 1.82x — — —
Day 2 1.40x — — 11.01x 6.47x 5.39x — — —
Sep 29, 2026 21.91x 56.28x 56.21x 56.77x 23.98x 21.29x 21,863,309 466,105,266 1,574,374

Lot Size & Investment

Minimum Lot

107 shares

Minimum Investment

₹14,873

Max Investment (Retail)

₹193,349

ApplicationLotsSharesAmount
Retail (Min) 1 107 ₹14,873
Retail (Max) 13 1,391 ₹193,349
S-HNI (Min) 14 1,498 ₹208,222
S-HNI (Max) 67 7,169 ₹996,491
B-HNI (Min) 68 7,276 ₹1,011,364

Financial Highlights

Period Revenue (₹ Cr) PAT (₹ Cr) EBITDA (₹ Cr) Assets (₹ Cr) Net Worth (₹ Cr) Debt (₹ Cr)
31 mar 2026 1,685 80 167 1,220 422 0
31 mar 2025 1,517 60 117 1,015 293 0
31 mar 2024 1,138 42 80 560 176 0

Key Performance Indicators (31 mar 2026)

ROE

18.9%

ROCE

19.3%

ROA

6.6%

PAT Margin

4.8%

EBITDA Margin

9.9%

Debt/Equity

0.79

EPS (₹)

14.66

P/E Ratio

9.5

About German Green Steel & Power

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.

Promoters

Inamulhaq Shamsulhaq Iraki, Abdulhaq Shamsulhaq Iraki and Ibrarulhaq Inamulhaq Iraki

Objectives of the Issue

Use of IPO proceeds as disclosed in the offer document.

  • 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

Promoter Holding

Pre-IPO Holding

96.63%

Post-IPO Holding

68.54%

Promoter dilution: 28.09%

Reservation & Allotment

Category-wise reservation of shares for this IPO.

CategoryReservation %Shares
QIB50.00%10,931,653
Anchor30.00%6,558,991
NII / HNI15.00%3,279,497
Retail35.00%7,652,159

German Green Steel & Power IPO FAQs

What is German Green Steel & Power IPO?

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.

What is the German Green Steel & Power IPO price band?

The German Green Steel & Power IPO price band is ₹132 – ₹139 per share.

When does German Green Steel & Power IPO open and close?

The German Green Steel & Power IPO opens on Sep 25, 2026 and closes on Sep 29, 2026.

What is the lot size and minimum investment for German Green Steel & Power IPO?

The German Green Steel & Power IPO lot size is 107 shares and the minimum investment is ₹14,873.

What is the German Green Steel & Power IPO subscription status?

As of Day 3, the German Green Steel & Power IPO is subscribed 21.29 times overall.

What is the German Green Steel & Power IPO GMP today?

The latest German Green Steel & Power IPO grey market premium (GMP) is ₹10 per share, which is unofficial and may change.

When is the German Green Steel & Power IPO allotment date?

The expected allotment date for German Green Steel & Power IPO is Sep 30, 2026.

When will German Green Steel & Power IPO list?

The German Green Steel & Power IPO is expected to list on Oct 05, 2026 on BSE, NSE.

Who is the registrar of German Green Steel & Power IPO?

The registrar for German Green Steel & Power IPO is Bigshare Services Pvt.Ltd..

Key Dates

AnchorSep 24, 2026
OpenSep 25, 2026
CloseSep 29, 2026
AllotmentSep 30, 2026
RefundOct 01, 2026
Demat CreditOct 01, 2026
ListingOct 05, 2026

Disclaimer: All information on this page is for news, educational, and research purposes only. Grey Market Premium (GMP) is unofficial, unregulated, and indicative — it does not represent a guaranteed listing price. We do not provide investment advice. Always consult a SEBI-registered investment advisor before making investment decisions.