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    IPO Note | Closed

    German Green Steel & Power Ltd IPO

    Minimum Investment

    14,873

    Retail Investor can invest upto Rs 0 in IPO
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    Retail Discount

    %
    date-image

    Open Date

    25-Sep-26
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    Close Date

    29-Sep-26
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    Application Timing

    IPO Details

    • Min Order Quantity
      107
    • Price Range
      ₹139-0
    • Issue Size
      ₹303.9
    • Face Value
      ₹10
    • Listing at
      BSE
    • IPO Doc
      DRHP PDFpdf - img

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    Lead Manager


    Emkay Global Financial Services Ltd

    About Company

    • registred-img
      Registered Office
      German House Nr Bharat Petrol,Pump Opp Kochrab Ashram Paldi,
      Ahmedabad,380007,Gujarat
    • managing-img
      Managing Director

    IPO Schedule

    Offer Start

    25-Sep-26

    Offer End

    29-Sep-26

    Allotment Finalization

    Refund initiation

    Demat transfer

    Listing

    Key Objective

    Initial public offering of 2,18,63,309 equity shares of face value of Rs. 10 each ("Equity Shares") of German Green Steel and Power Limited ("Company") for cash at a price of Rs. 139 per equity share (including a share premium of Rs. 129 per equity share) ("Offer Price") aggregating to Rs. 303.9 Crores (the "Offer") comprising a fresh issue of 2,08,63,309 equity shares of face value of Rs. 10 each aggregating to Rs. 290.00 Crores by the company ("Fresh Issue") and an offer for sale of 10,00,000 equity shares of face value of Rs. 10 each ("Offered Shares") aggregating to Rs. 13.9 Crores comprising an offer for sale of 5,00,000 equity shares of face value of Rs. 10 each by Inamulhaq Shamsulhaq Iraki aggregating to Rs. 6.95 Crores, and 5,00,000 equity shares of face value of Rs. 10 each by Abdulhaq Shamsulhaq Iraki, aggregating to Rs. 6.95 Crores (collectively, "Promoter Selling Shareholders") and such equity shares offered by the promoter selling shareholders, the "Offered Shares") (such offer for sale by the promoter selling shareholders, the "Offer For Sale" and together with the fresh issue, "the Offer"). The offer will constituted 29.02% of the post-offer paid-up equity share capital of the company. The company has, in consultation with the book running lead managers ("brlms"), undertaken pre-ipo placement of 18,38,000 fully paid-up equity shares at an issue price of Rs. 270 per equity share (including a premium of Rs. 260 per equity share) for cash consideration aggregating to Rs. 49.63 Crores by way of a private placement on September 26, 2025 ("pre-ipo placement"), prior to filing of this red herring prospectus ("rhp"). the size of the fresh issue has been reduced by Rs. 49.63 Crores pursuant to the pre-ipo placement and the revised size of the fresh issue is up to Rs. 290.00 Crores in compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957 ("scrr"). the pre-ipo placement has not exceeded 20% of the size of the fresh issue. The company has appropriately intimated the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. The company has reported the pre-ipo placement to the stock exchanges, within 24 hours of such pre-ipo placement. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement has been appropriately made in the relevant sections of this rhp and will be made in the relevant sections of the prospectus. Price Band: Rs. 139 for equity share of face value of Rs. 10/- each. The floor price is 13.90 times of the face value of the equity shares. Bids can made for a minimum of 107 equity shares of face value of Rs. 10/- each and in multiples of 107 equity shares of face value of Rs. 10/- each thereafter.

    Financial Snapshot ()

    Financial Year Ended Revenue ( Crores) PAT ( Crores) EPS ()
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    How to apply for IPOs with Arihant Capital

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    Step 1

    Go to IPO Online page

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    Step 2

    Login using your “client code” or PAN and mobile number by verifying OTP.

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    Step 3

    Click on “Apply IPO” to enter your bid quantity and UPI id.

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    Step 4

    Go to your UPI application and approve the payment request.

    Viola! You have successfully applied to the IPO.

    FAQ

    The Bidding Process

    First time bidding for an IPO? This is all you need to know.

    Bidding online is one of the most efficient ways to subscribe to an IPO.

    • If you are an Arihant Customer, simply login using your client code and OTP.
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    • Enter the bid quantity and approve the UPI payment mandate.
    • Your bid is complete!

    When the IPO shares are allotted, you will either get full or partial allotment from the bid you made.

    Sometimes, the IPO is oversubscribed, and you may not get any shares allotted to you. In such cases the full amount will be refunded to you.

    What do I need to apply for an IPO?

    To apply for an IPO,

    • It is necessary to have a demat account and a UPI ID.
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    Click here to learn how to create your UPI

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