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Open
25 Sep 2026
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Close
29 Sep 2026
3
Allotment
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Listing
Mon, Oct 5, 2026
Price Band
₹132 to ₹139
Issue Size
2,18,63,309 shares (agg. up to ₹304 Cr)
Lot Size
107 Shares
Listing Date
Mon, Oct 5, 2026
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 21.91x |
| NII | 56.77x |
| Retail | 23.98x |
| Total | 21.29x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 1,220.24 | 1,015.20 | 559.73 |
| Total Income | 1,685.38 | 1,517.21 | 1,137.54 |
| Profit After Tax | 79.89 | 59.94 | 41.67 |
| EBITDA | 166.96 | 116.81 | 80.11 |
| NET Worth | 421.55 | 292.55 | 176.06 |
| Reserves and Surplus | 369.21 | 241.27 | 167.60 |
| Total Borrowing | 334.37 | 347.86 | 198.39 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| A-One Steels India Ltd. | Mainboard | ₹405.00 Cr | ₹405 | 21.76 | ₹416.55 | +2.85% | ₹389.40 |
| Jindal Supreme (India) Ltd. | Mainboard | ₹124.88 Cr | ₹93 | 16.64 | ₹126.00 | +35.48% | ₹177.26 |
| Behari Lal Engineering Ltd. | Mainboard | ₹301.62 Cr | ₹285 | 17.21 | ₹502.20 | +76.21% | ₹490.05 |
| Rajputana Stainless Ltd. | Mainboard | ₹254.98 Cr | ₹122 | 21.1 | ₹113.03 | -7.35% | ₹175.57 |
| Anand Seamless Ltd. | SME | ₹25.52 Cr | ₹72 | 11.08 | ₹72.10 | +0.14% | ₹69.12 |
| Anubhav Plast Ltd. | SME | ₹24.00 Cr | ₹80 | 10.67 | ₹76.00 | -5.00% | ₹47.80 |
| Kasturi Metal Composite Ltd. | SME | ₹17.61 Cr | ₹64 | 23.59 | ₹63.16 | -1.31% | ₹62.85 |
| Shri Kanha Stainless Ltd. | SME | ₹46.28 Cr | ₹90 | 16.23 | ₹83.60 | -7.11% | ₹22.95 |
| Mittal Sections Ltd. | SME | ₹52.91 Cr | ₹143 | 31.15 | ₹108.70 | -23.99% | ₹25.50 |
| M P K Steels (I) Ltd. | SME | ₹25.74 Cr | ₹79 | 9.04 | ₹83.50 | +5.70% | ₹92.20 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure requirements of its manufacturing facility at Samakhiyali, Kutch, Gujarat and hybrid wind and solar power plant | 226.33 |
| 2 | Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company | 7.70 |
| 3 | General Corporate Purposes | 29.50 |
| 4 | Issue Expenses | 27.74 |
| Total | 291.27 |
About German Green Steel IPO
Updated on Oct 6, 2026
Contact Details
German Green Steel & Power Ltd. AddressGerman House, Near Bharat Petrol Pump,Opp. Kochrab Ashram,PaldiAhmedabad, Gujarat, 3800079723555100secretarial@germansteel.inVisit Website