German Green Steel and Power Limited IPO

listed · NSE · Bookbuilding IPO

German Green Steel and Power Limited IPO was a book-built issue on NSE with a price band of ₹132–₹139 per share, open for bidding from 25 Sep 2026 to 29 Sep 2026.

Last updated: 10 Oct 2026, 12:20 PM IST · How we collect data

Company overview

Website: https://www.germansteel.in/

IPO overview

The issue was a book-built issue, combining new shares issued by the company (a fresh issue) with shares sold by existing shareholders (an offer for sale).

Bids were accepted within a price band of ₹132–₹139 per share (face value ₹10); the final issue price is set within this band after bidding closes.

The shares listed on NSE on 5 Oct 2026.

Systematix Corporate Services Ltd. was the book-running lead manager and Bigshare Services Pvt.Ltd. is the registrar, which processes applications, allotment and refunds.

Stated objects of the issue: Funding the capital expenditure requirements 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.

Issue type: Bookbuilding IPO
Issue structure: Fresh capital cum OFS
Price: ₹132–₹139 per share
Face value: ₹10 per share
Exchange: NSE
Lead manager: Systematix Corporate Services Ltd.
Registrar: Bigshare Services Pvt.Ltd.

Fresh issue vs offer for sale explained →

IPO timeline

Bidding opens 25 Sep 2026
Bidding closes 29 Sep 2026
Basis of allotment 30 Sep 2026
Refunds / unblocking 1 Oct 2026
Shares credited to demat 1 Oct 2026
Listing 5 Oct 2026

Bidding ran from 25 Sep 2026 to 29 Sep 2026.

After bidding, the basis of allotment was due on 30 Sep 2026, refunds / unblocking of funds were due on 1 Oct 2026 and shares were due to be credited to demat accounts on 1 Oct 2026.

The shares listed on 5 Oct 2026.