German Green Steel & Power logo

German Green Steel & Power IPO

GMP, Subscription, Price, Allotment, Listing Date & AI Prediction

Upcoming

Mainboard

PRICE BAND

Rs 132 - 139

LOT SIZE

107

Shares

MIN INVEST

Rs 14,873

CUT-OFF

Rs 139

per share

Open

25 Sept 2026

Last Day

29 Sept 2026

Allotment

30 Sept 2026

Expected Refund

01 Oct 2026

Listing

05 Oct 2026

GMP Today

3m ago

+10.8%

+Rs 15 premium

Refresh in --:--
GMP Graph

Est. Listing Price

GMP Based

Rs 154

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 1,605

+10.8% (107 shares)

Subscription

-

Not open

Sub. Page
IPOGyani AI Engine - Live Prediction
0.0%

Range: 0.0% to 4.0%

Confidence: Moderate - 50%

Confidence Score - 50%

📈 GMP Trend⚓ Anchor Quality🧠 Sentiment 50/100📊 Sub 0x🏭 Steel
Next refresh: --:---Updated: --:-- IST-Model: IPOGyani v2.1

Live Subscription Tracker

Real-time subscription data

Subscription data will appear when IPO opens

Current IPO Status: upcoming

Summarize with AI

Get a quick German Green Steel & Power summary (150-200 words) from your favorite AI:

ChatGPTClaudeGemini

About German Green Steel & Power

Steel

The company's manufacturing capabilities cover TMT bars from 8 mm to 40 mm. It is expanding Sponge Iron capacity at Samakhiyali from 66,000 MTPA to approximately 1,48,500 MTPA, MS Billets capacity from 2,14,500 TPA to 4,12,500 TPA, and TMT Bars capacity from 1,81,500 MTPA to 3,46,500 MTPA. The Samakhiyali facility is located close to ports in Gujarat.

IPO_DETAILS_LONG: The IPO comprises 2,18,63,309 shares aggregating up to ₹304 Cr, including a fresh issue of 2,08,63,309 shares aggregating up to ₹290 Cr and an OFS of 10,00,000 shares aggregating up to ₹14 Cr. The price band is ₹132 to ₹139 per share and the lot size is 107 shares. The IPO opens on September 25, 2026 and closes on September 29, 2026, with tentative listing on October 5, 2026. The issue is proposed to be listed on BSE and NSE.

Issue Details

Total Issue Size

Rs 303.9 Cr

Issue Size for Retail

Rs 106.37 Cr

Fresh Issue vs OFS

Fresh Issue
Rs 290 Cr (95%)
OFS
Rs 13.9 Cr (5%)

Reservation Quota

QIB

50%

Retail

35%

NII

15%

Lead Manager

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

Registrar

Bigshare Services Pvt. Ltd.

Objects of the Issue (as per DRHP)

  • 1Funding capital expenditure requirements for expansion of the Samakhiyali manufacturing facility and hybrid wind and solar power plant: ₹226.33 Cr
  • 2Prepayment or repayment, in full or in part, of certain outstanding borrowings: ₹7.70 Cr
  • 3General Corporate Purposes: No specific amount disclosed

Key Performance Indicator (KPI)

KPIMar 31, 2025Mar 31, 2026
ROE20.40%18.86%
ROCE15.91%19.31%
Debt/Equity1.180.79
RoNW20.40%18.86%
PAT Margin3.98%4.76%
EBITDA Margin7.75%9.94%
Price to Book Value0.67
Check IPO Peer Comparison here.
Pre IPOPost IPO
EPS (Rs)14.9110.60
P/E (x)9.3213.11
Promoter Holding96.63%68.54%
Market CapRs 1047.35 Cr.

Inamulhaq Shamsulhaq Iraki; Abdulhaq Shamsulhaq Iraki; Ibrarulhaq Inamulhaq Iraki

German Green Steel & Power Financials

Company financial data by reporting period. Amounts in Rs crore; ratios and percentages as labelled. A dash means not available, not zero.
MetricFY24FY25FY26
Total IncomeRs 1,137.54 CrRs 1,517.21 CrRs 1,685.38 Cr
Net Profit (PAT)Rs 41.67 CrRs 59.94 CrRs 79.89 Cr
EBITDARs 80.11 CrRs 116.81 CrRs 166.96 Cr
BorrowingsRs 198.39 CrRs 347.86 CrRs 334.37 Cr
ROE23.67%20.4%18.86%
ROCE18.62%15.91%19.31%
Debt/Equity1.131.180.79
AssetsRs 559.73 CrRs 1,015.2 CrRs 1,220.24 Cr

Company Financials

Financial charts load as you reach this section.

MARKET SENTIMENT SCORE

0
50
100
50
NA

Based on expert reviews, GMP trends & market signals

Expert Reviews & Opinions

Expert reviews for German Green Steel & Power IPO will appear here once available.

Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.

Company Contact Details

German House, Near Bharat Petrol Pump, Opp. Kochrab Ashram, Paldi, Ahmedabad, Gujarat, 380007
9723555100
[email protected]
Visit Website

Green Flags

  • Vertically integrated manufacturing setup including captive power capacity
  • Extensive distribution network in Gujarat with long-term customer relationships
  • Established "German TMT" brand recognition in Gujarat
  • Revenue increased from ₹1,137.54 Cr in FY24 to ₹1,685.38 Cr in FY26
  • PAT increased from ₹41.67 Cr in FY24 to ₹79.89 Cr in FY26
  • FY26 ROE and RoNW stood at 18.86%
  • FY26 ROCE stood at 19.31%

Red Flags

  • Total borrowings remained elevated at ₹334.37 Cr as of FY26
  • Fresh issue includes ₹7.70 Cr for repayment or prepayment of borrowings
  • Business is predominantly dependent on B2B distributors, dealers and institutional customers
  • Large portion of fresh issue proceeds, ₹226.33 Cr, is allocated to manufacturing and renewable energy capex
  • Promoter and promoter group holding falls from 96.63% pre-issue to 68.54% post-issue

IPO Lot Size

Investors can bid for a minimum of 107 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)1107₹14,873
S-HNI (Min)3321₹44,619
B-HNI (Min)8856₹1,18,984

Grey Market Premium

German Green Steel & Power IPO GMP Today

GMP trend chart and full day-by-day history

→

Subscription Status

German Green Steel & Power IPO Subscription

Live status, allotment chance and day-wise figures

→

Comparison Tool

Compare German Green Steel & Power with Other IPOs

Side-by-side comparison with GMP, subscription, and financial metrics

→

Frequently Asked Questions

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

The price band is Rs 132-139 per share. One lot contains 107 shares; its value at the upper price is Rs 14,873. Check the issue terms for the minimum application size applicable to your category.

What are the bidding dates for German Green Steel & Power IPO?

The scheduled bidding period is 25 Sept 2026 to 29 Sept 2026.

When is German Green Steel & Power IPO scheduled to list?

The scheduled listing date is 5 Oct 2026. The actual listing price is determined on the exchange, not by the grey market premium or an AI estimate.

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

Bigshare Services Pvt. Ltd. is the registrar. See the allotment page for the available schedule and official checking link.

Who manages German Green Steel & Power IPO?

Lead manager information recorded for this issue: Systematix Corporate Services Ltd.; Emkay Global Financial Services Ltd.; Pantomath Capital Advisors Pvt. Ltd..

Disclaimer

IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.

AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.

GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.

Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.

Current IPO Pages

Explore detailed GMP, subscription and IPO analysis pages for the latest active issues.