IPOs Details

Mainboard

German Green Steel and Power Limited

Mainboard

GERMAN • BSE, NSE

LISTED

Issue details

Price band

₹132 - ₹139

Lot size

107 shares

Issue size

₹223.27 Cr

Min. investment

₹14,873

Registrar

Bigshare Services

Subscription

23.21x

Grey market premium

Est. gain

+₹9.5 · 7%

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IPO Timeline

  1. Open

    25 Sep

  2. Close

    29 Sep

  3. Allotment

    30 Sep

  4. Listing

    5 Oct

Refunds & demat credit
1 Oct 2026
Mandate end
14 Oct 2026
Anchor lock-in 50%
30 Oct 2026
Anchor lock-in 100%
29 Dec 2026

We calculate these dates from the allotment and close dates, so please treat them as indicative. Anchor lock-in applies only to issues with an anchor allotment.

Application size

CategoryMinimumMaximum
RII

107shares

1 lot · ₹14,873

1,391shares

13 lots · ₹1,93,349

sNII (₹2L–₹10L)

1,498shares

14 lots · ₹2,08,222

7,169shares

67 lots · ₹9,96,491

bNII (above ₹10L)

7,276shares

68 lots · ₹10,11,364

No limit

funds permitting

Based on the upper price band of ₹139 and a lot of 107 shares.

Subscription

QuotaShares offeredShares bidSubscribed
NII34,45,45516,26,26,73247.20x
bNII (above ₹10L)11,48,4855,16,11,66444.94x
Retail (IND)80,39,39413,64,15,58416.97x
Total1,60,62,87937,27,46,80523.21x

Last updated 39 days ago.

Issue structure

Face value

₹10 per share

Issue type

Bookbuilding IPO

Sale type

Fresh capital cum OFS

Fresh issue

₹290 Cr

2,08,63,309 shares

Offer for sale

₹14 Cr

10,00,000 shares

Shares pre-issue

5,44,85,888

Shares post-issue

7,53,49,197

Valuation & ratios

MetricPre-IPOPost-IPO
EPS14.6610.6
P/E9.4813.11
Market cap₹757.35 Cr.₹1,047.35 Cr
KPIMar 31, 2026
ROE18.86%
ROCE19.31%
Debt/Equity0.79
RoNW18.86%
PAT Margin4.76%
EBITDA Margin9.94%
NAV77.76
Price to Book Value1.79

Financials

Metric31 Mar 202631 Mar 202531 Mar 2024
Total income1,685.381,517.211,137.54
Profit after tax79.8959.9441.67
EBITDA166.96116.8180.11
Net worth421.55292.55176.06
Assets1,220.241,015.2559.73
Reserves & surplus369.21241.27167.6
Total borrowing334.37347.86198.39

Figures in ₹ crore, as reported by the company in its offer document.

Objects of the issue

  1. 1.Funding the capital expenditure requirements of its manufacturing facility at Samakhiyali, Kutch, Gujarat and hybrid wind and solar power plant₹226.33 Cr
  2. 2.Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company₹7.7 Cr
  3. 3.General Corporate Purposes—

What the company says it intends to do with the money raised.

Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 27 Sep 2026. Always verify against the RHP before applying.