loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

GERMAN GREEN STEEL POWER IPO

OPEN

IPO Details

25th Sep 2026
29th Sep 2026
107
₹ 14,124
₹ 132-139
₹ 304 Crore

Issue timeline

  • 25-29 Sep 2026
  • 30-Sep-2026
  • 01-Oct-2026
  • 01-Oct-2026
  • 05-Oct-2026

Subscription Status

Shareholder -
Qualified Institutional Buyers -
Non-Institutional Investor -
Retail Individual Investor -
Employee -
Total -

About Company

German Green Steel and Power was incorporated on July 09, 2008. The company is a vertically integrated iron and steel manufacturer with a strong presence in Gujarat, focusing on TMX Bars. It operates two facilities in Samakhiyali and Viramgam, producing TMT Bars, MS Billets, and Sponge Iron
-
Name Designation
Inamulhaq Shamsulhaq Iraki Chairman & Whole-time Director
Abdulhaq Shamsulhaq Iraki Managing Director
Ibrarulhaq Inamulhaq Iraki Whole-time Director
Nareshkumar Punjiram Patel Whole-time Director
Biswajit Adhikari Independent Director
Indu Rao Kaveti Independent Director
Intajhusen Imamkhan Malek Independent Director
Sanjay Kumar Gupta Independent Director

Objectives

Funding the capital expenditure requirements of the company towards expansion of its manufacturing facility at Samakhiyali, Kutch, Gujarat and 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

Strengths & Risks

Strengths (3)

The company operates mainly on a B2B model, serving distributors, dealers, and institutional customers across industries like real estate, roadways, and engineering. Dealers and distributors further supply products to builders and contractors

Risks (3)

The company relies on third-party suppliers for raw materials, and any supply disruption or price volatility may negatively affect its business, operations, and financial health

Financials

Frequently Asked Questions

What is the issue type for German Green Steel and Power Ltd.?

This IPO consists of an offer for sale of up to Rs 13.9 crore, of 1,000,000 shares. It also consists of a fresh issue of Rs 290.0 crore.

The promoters of the company are Inamulhaq Shamsulhaq Iraki, Abdulhaq Shamsulhaq Iraki and Ibrarulhaq Shamsulhaq Iraki.

The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.

The price band of the IPO is Rs 132.0 - 139.0.

The IPO application opens on Sep 25, 2026 and closes on Sep 29, 2026.

View More

*The financials mentioned above are sourced from DRHP/ RHP documents.