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GERMAN GREGerman Green Steel IPO
German Green Steel and Power, founded in 2008, is one of the leading iron and steel manufacturers with a strong presence in Gujarat. Its product range includes TMT Bars, MS Billets, and Sponge Iron, with TMT bar. The firm mainly sells its products on a B2B basis. Its three main types of customers are Distributors, Dealers, and Institutional customers.
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Price Band
🔴
Lot Size
0 Shares
Issue Size
Approx ₹304 Crores
Current GMP
₹10 (Oct 5)
IPO Timeline
Open DateOctober 5, 2026
Close DateOctober 5, 2026
Basis of AllotmentTBA
Listing DateSeptember 22, 2026
Subscription Status
Overall subscription
Promoters
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
|---|---|---|---|---|
| Promoter and Promoter Group | 5,26,47,888 | 96.63% | 51,647,888 | 68.54% |
| Others* | 18,38,000 | 3.37% | 23,701,309 | 31.46% |
| Total | 5,44,85,888 | 100% | 75,349,197 | 100% |
Objects of the Issue
- Systematix Corporate Services Ltd.
- Emkay Global Financial Services Ltd.
- Pantomath Capital Advisors Pvt.Ltd.