
Metals & Mining · NSE / BSE
German Green Steel & Power Ltd. is a Gujarat-based, vertically integrated iron and steel manufacturer primarily focused on TMT bars. Its product portfolio also includes MS billets and sponge iron. The company operates two manufacturing facilities in Gujarat, with the Samakhiyali facility having an integrated manufacturing process from sponge iron to finished TMT bars. IPO360 The company mainly follows a B2B business model, supplying steel products to distributors, dealers and institutional customers. Its TMT bar manufacturing capabilities cover sizes from 8 mm to 40 mm.
Price Band
₹132 – ₹139
Issue Size
₹2186.33 L Cr
Lot Size
107 shares
GMP
Est. Listing
₹139
at current GMP
Subscribed
30.42x
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 & Power is bringing an initial public offering (IPO) in the Metals & Mining 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, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-29, the basis of allotment is scheduled to be finalized on 2026-09-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
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.