German Green Steel and Power IPO
LiveQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
German Green Steel and Power IPO Details
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Bidding Date
25-Sep-2026 to
29-Sep-2026 -
Issue Size
₹303.9 Cr
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Price Band
₹132 to ₹139
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Allotment date
30-Sep-2026
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Listing date
To be updated
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Lot size
107
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No. of shares
2,18,63,309
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Fresh issue/OFS
₹290 Cr/₹13.9 Cr
About German Green Steel and Power Company
German Green Steel & Power, incorporated in July 2008 as Haq Enterprises and subsequently renamed before adopting its current identity in 2024, is a Gujarat-based, vertically integrated iron-and-steel manufacturer focused primarily on the TMX Bars brand. Its operations span sponge iron, mild-steel billets and TMT bars ranging from 8 mm to 40 mm, and have expanded into value-added products such as cut-and-bend reinforcement bars and epoxy-coated TMT bars, with planned development of stainless-steel round bars and corrosion-resistant TMT products. The company’s expertise lies in electric-arc-furnace steelmaking, scrap-based raw-material processing, billet casting, bar rolling and integrated quality control across facilities in Samakhiyali and Viramgam, supported by captive and renewable power sources that supply a substantial share of its energy needs. Its green-manufacturing orientation is reflected in GreenPro certification, including four- and five-star ratings for the company and its subsidiary, and in the use of waste-heat, coal-based and hybrid wind-solar power systems. Important customers include infrastructure contractors, builders, industrial users, steel traders, distributors, dealers and institutional buyers across Gujarat and western India, served through a hybrid institutional and channel-sales model. German Green Steel engages customers through direct project coordination, distributor coverage and product-specific technical support, emphasizing consistent quality, dependable supply, customised reinforcement solutions and lower-energy manufacturing to address construction-sector requirements and the steel industry’s pressures around efficiency, durability and environmental impact.
Subscription Status
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Category
Status
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QIBs
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NIIs
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Retail
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Others
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FAQs for German Green Steel and Power IPO.
What is the issue size of German Green Steel and Power IPO?
The issue size of German Green Steel and Power is ₹303.90 Cr.
What is the industry of German Green Steel and Power?
German Green Steel and Power falls into Metal Processing industry.
What are the open and close dates for the German Green Steel and Power IPO?
The open and close dates for the German Green Steel and Power are 25-Sep-2026 & 29-Sep-2026.
What are the price band for German Green Steel and Power IPO?
The price band for the German Green Steel and Power ipo is ₹132 to ₹139
What is the purpose for the German Green Steel and Power IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
What are the key financials for the German Green Steel and Power IPO?
Key financial of the German Green Steel and Power are:
| German Green Steel and Power | FY-26 | FY-25 | FY-24 | FY-23 | FY-22 |
|---|---|---|---|---|---|
| Revenue (₹ Cr) | 1678.98 | 1507.57 | 1129.78 | 1121.13 | 892.25 |
| EBIT (₹ Cr) | 146.37 | 102.08 | 69.73 | 46.99 | 32.83 |
| Proft after Tax (₹ Cr) | 79.89 | 59.94 | 41.67 | 31.2 | 34.17 |
| Debt (₹ Cr) | 334.37 | 347.86 | 198.39 | 141.67 | 151.71 |
| Net Worth (₹ Cr) | 423.7 | 293.91 | 176.06 | 134.4 | 107.06 |
| RoE (%) | 18.86 | 20.4 | 23.67 | 23.21 | 31.92 |