German Green Steel IPO Details
German Green Steel IPO Market Lot
The German Green Steel IPO minimum market lot is 107 shares with ā¹14,873 application amount. The retail investors can apply up-to 13 lots with 1391 shares of ā¹1,93,349Ā amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 107 | ā¹14,873 |
| Retail Maximum | 13 | 1391 | ā¹1,93,349 |
| S-HNI Minimum | 14 | 1498 | ā¹2,08,222 |
| S-HNI Maximum | 67 | 7169 | ā¹9,96,491 |
| B-HNI Minimum | 68 | 7276 | ā¹10,11,364 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
German Green Steel IPO Anchor Investors
| Anchor Bidding Date | September 24, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
German Green Steel IPO Dates
The German Green Steel IPO date is September 25 and the close date is September 29. The German Green Steel IPO allotment will be finalized on September 30 and the IPO listing on October 5.
| IPO Open Date: | September 25, 2026 |
| IPO Close Date: | September 29, 2026 |
| Basis of Allotment: | September 30, 2026 |
| Refunds: | October 1, 2026 |
| Credit to Demat Account: | October 1, 2026 |
| IPO Listing Date: | October 5, 2026 |
Promoters and Holding Pattern
The promoters of the company are Inamulhaq Shamsulhaq Iraki, Abdulhaq Shamsulhaq Iraki and Ibrarulhaq Inamulhaq Iraki.
| 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 & Utilisation of Proceeds
| Purpose | Crores |
| Funding the capital expenditure requirements of its manufacturing facility at Samakhiyali, Kutch, Gujarat and hybrid wind and solar power plant | ā¹226.33 |
| Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company | ā¹7.70 |
| General Corporate Purposes | ā¹- |
About German Green Steel
To be updated soon
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹1,137.54 | ā¹1,082.15 | ā¹41.67 | ā¹559.73 |
| 2025 | ā¹1,517.21 | ā¹1,438.16 | ā¹59.94 | ā¹1,015.20 |
| 2026 | ā¹1,685.38 | ā¹1,575.57 | ā¹79.89 | ā¹1,220.24 |
Company Valuation – FY2026
Check German Green Steel IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 18.86% |
| ROCE: | 19.31% |
| EBITDA Margin: | 9.94% |
| PAT Margin: | 4.76% |
| Debt to equity ratio: | 0.79 |
| Earning Per Share (EPS): | ā¹14.91 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 18.86% |
| Net Asset Value (NAV): | ā¹77.76 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Beekay Steel Industries Ltd | 18.94 | 22.54 | 3.49% | 548.18 | 1196.94 Cr. |
| Gallant Ispat Limited | 20.07 | 27.80 | 14.60% | 137.44 | 4478.52 Cr. |
| Kamdhenu Limited | 2.78 | 14.57 | 19.77% | 14.06 | 774.70 Cr. |
| MSP Steel & Power Limited | 0.60 | 61.57 | 3.28% | 18.18 | 2846.04 Cr. |
| VMS TMT Limited | 4.95 | 8.92 | 9.22% | 45.97 | 840.20 Cr. |
IPO Lead Managers aka Merchant Bankers
- Systematix Corporate Services Ltd.
- Emkay Global Financial Services Ltd.
- Pantomath Capital Advisors Pvt.Ltd.
Company Address
German Green Steel & Power Ltd.
German House, Near Bharat Petrol Pump,
Opp. Kochrab Ashram,
Paldi
Ahmedabad, Gujarat, 380007
Phone: 9723555100
Email: secretarial@germansteel.in
Website: https://www.germansteel.in/
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: 8657578989/8069219065/8069219060
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
German Green Steel IPO FAQs
What is German Green Steel IPO?
When German Green Steel IPO will open for subscription?
What is German Green Steel IPO Investors Portion?
How to Apply the German Green Steel IPO?
What is German Green Steel IPO Issue Size?
What is German Green Steel IPO Price Band?
What is German Green Steel IPO Lot Size?
What is the German Green Steel IPO Allotment Date?
What is the German Green Steel IPO Listing Date?
Note: The German Green Steel IPO price band and date are officially announced. The (German Green Steel IPO grey market premium) will be added to the IPO GMP page as it will start).