German Green Steel IPO Listing Details
| Listing Date | 5th October, 2026 |
| BSE Code | 544957 |
| NSE Code | GERMAN |
| ISIN Code | INE0D4501011 |
| Offer Price | ₹132 to ₹139 |
| Face Value | ₹10 |
| Listing Price | ₹142 |
German Green Steel IPO Details
German Green Steel received SEBI approval for an IPO of ₹304 crore, which comprises a fresh issue of ₹290 crore and an offer for sale up to 10,00,000 equity shares with a face value of ₹10 each. German Green Steel IPO price band is ₹132 to ₹139 per share.
How many shares did investors receive in this IPO?
- The retail minimum category got 107 shares in 1 lot size, and the retail maximum got 1391 shares in 13 lot sizes.
- S-HNI Minimum category consisted of 1498 shares in 14 lot sizes.
- S-HNI Maximum category had 7169 shares in 67 lot sizes.
- B-HNI Minimum category received 7276 shares in 68 lot sizes.
To invest in the German Green Steel IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,873
- Retail Investors: Maximum investment of ₹1,93,349
- S-HNI Minimum: investment of ₹2,08,222.
- S-HNI Maximum: investment of ₹9,96,491.
- B-HNI Minimum: Investment of ₹10,11,364.
Object of the Issue
- Funding the capital expenditure requirements of its manufacturing facility at Samakhiyali, Kutch, Gujarat, and a hybrid wind and solar power plant.
- Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company
- General corporate purposes
German Green Steel IPO Subscription Duration
German Green Steel IPO subscription started on September 25, 2026, and closed on September 29, 2026. The German Green Steel IPO allotment date was September 30, 2026, and the refund will be received on October 1, 2026. The German Green Steel IPO listing is on October 5, 2026.
About the German Green Steel Company
Incorporated in 2008, German Green Steel and Power manufactures iron and steel products. 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. German Green operates 2 manufacturing facilities: one is located in Ahmedabad, Gujarat, and the Samakhiyali Facility is situated close to ports in Gujarat.
Furthermore, the firm is planning to expand the existing installed TMT Bars production capacity at the Samakhiyali Facility from 181,500 MTPA to 346,500 MTPA. Moreover, the brand German TMT has maintained its strong presence in TMT Bars in Gujarat.