German Green Steel and Power Limited
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₹9.5(6.83%)
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German Green Steel and Power Limited's achieved publicly listed status following its IPO debut on Oct 05, 2026 at the NSE, BSE platform. The offering successfully mobilized 2,18,63,309 Shares, with 2,08,63,309 Shares allocated to corporate growth initiatives and ₹13.90 Cr providing liquidity to existing shareholders.
Investment participation occurred within the established price band of ₹132 to ₹139, starting from minimum lots of 107 shares. The subscription window from Sep 25, 2026 through Sep 29, 2026 enabled investor participation across market segments.
Share allocation was completed on Sep 30, 2026, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Founded in 2008, German Green Steel and Power Limited is an iron and steel manufacturing company mainly operating in western India, especially Gujarat, with a strong focus on TMT bars. The company runs two manufacturing units in Gujarat, including a fully integrated facility at Samakhiyali and another at Viramgam through its subsidiary. Its product range includes TMT bars, MS billets, and sponge iron, with TMT bars available in sizes from 8 mm to 40 mm. Most of its sales are done through a network of distributors and dealers, serving builders, contractors, and institutional clients on a B2B basis. The brand “German TMT” has built strong recognition in the Gujarat market, supported by consistent quality and ongoing innovation. The company also follows strict quality and safety standards, with certifications related to quality management, occupational health, and environmental practices.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Vertically Integrated Manufacturing: The company operates an integrated iron and steel manufacturing facility in Samakhiyali, covering the process from raw materials to finished TMT Bars, along with captive power generation.
- Wide Distribution Network: It has an extensive distribution network across Gujarat, including distributors, dealers and institutional customers, supported by established long-term customer relationships.
- Strong Brand & Product Quality: “German TMT” has built a strong presence in Gujarat as a TMT Bar brand, with a focus on quality and innovation. Its TMT Bars use Thermex quenching technology, which helps improve strength, ductility, bendability, weldability, fire resistance and corrosion resistance.
- Dependence on Dealers & Distributors: The company relies heavily on dealers and distributors to reach customers and sell its products. Any disruption, termination of arrangements or weak sales and marketing efforts could impact business and financial performance.
- Raw Material Supply & Price Risk: The company depends on third-party suppliers for key raw materials such as scrap, iron ore, coal, silico manganese and dolomite. Supply shortages or price fluctuations could increase costs and affect profitability.
- Intense Industry Competition: The company faces strong competition from national and regional steel manufacturers, along with rising production capacity in Gujarat and lower-priced imported steel, especially from China. This competition could put pressure on sales, margins and overall financial performance.
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German Green Steel and Power Limited
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