
Materials · NSE / BSE
Founded in 2008, German Green Steel and Power Limited is an iron and steel manufacturing company mainly operating in western India, especially Gujarat, with a strong focus on TMT bars. The company runs two manufacturing units in Gujarat, including a fully integrated facility at Samakhiyali and another at Viramgam through its subsidiary. Its product range includes TMT bars, MS billets, and sponge iron, with TMT bars available in sizes from 8 mm to 40 mm. Most of its sales are done through a network of distributors and dealers, serving builders, contractors, and institutional clients on a B2B basis. The brand “German TMT” has built strong recognition in the Gujarat market, supported by consistent quality and ongoing innovation. The company also follows strict quality and safety standards, with certifications related to quality management, occupational health, and environmental practices.
Price Band
₹132 – ₹139
Issue Size
₹2186.33 L Cr
Lot Size
107 shares
GMP
+20.1%
Est. Listing
₹167
at current GMP
Subscribed
1.83x
overall
Open
25 Sep 2026
Close
29 Sep 2026
Allotment
30 Sep 2026
Refund
1 Oct 2026
Demat Credit
2 Oct 2026
Listing
5 Oct 2026
Designated Registrar: Bigshare Services Private Limited
Allotment Date
30 Sep 2026
Basis finalization
Refunds Initiate
1 Oct 2026
Mandate release
Demat Credit
2 Oct 2026
Shares in demat
Listing Debut
5 Oct 2026
Trading begins
German Green Steel and Power Limited is bringing an initial public offering (IPO) in the Materials sector with an aggregate issue size of ₹2,18,63,309 Crores. The shares are offered at a price band of ₹132 to ₹139 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 107 shares (approx. ₹14,873 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-10-02, while un-allotted funds or UPI block mandates will be released on 2026-10-01.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.