German Green Steel & Power IPO

German Green Steel IPO comprises a total issue size of 2,18,63,309 shares. Out of which, 1,09,31,653 (50.00%) are allocated to QIB , 32,79,497 (15.00%) allocated to NII 76,52,159 (35.00%) allocated to RII .

Investors can bid for a minimum of 107 shares and in multiples thereof.

Incorporated in 2008, German Green Steel and Power Limited is an iron and steel manufacturer primarily operating in the western region of India, with a strong presence in Gujarat and a focus on TMX Bars. The company is predominantly conducted on a business-to-business basis with three (3) major types of customers, namely (i) distributors, (ii) dealers and (iii) institutional customers. The brand "German TMT" has established strong recognition for TMT Bars in Gujarat.

Product Portfolio:

TMT Bars,

MS Billets, and

Sponge Iron, with

TMT bar

The company's manufacturing capabilities ranging from 8 mm to 40 mm. The corporate and registered office is located in Ahmedabad, Gujarat, and the Samakhiyali Facility is situated close to ports in Gujarat.

The company operates two manufacturing facilities in Gujarat: the Samakhiyali Facility, which is vertically integrated, and the Viramgam Facility, operated through its material subsidiary, German TMX Private Limited. They are currently in the process of expanding the installed capacity of Sponge Iron at their Samakhiyali Facility from 66,000 MTPA to approximately 1,48,500 MTPA, MS billets production capacity from 2,14,500 TPA to 4,12,500 TPA and existing installed TMT Bars production capacity at the Samakhiyali Facility from 181,500 MTPA to 346,500 MTPA.

For the nine months ended December 31, 2024, the majority of sales were generated through a network of distributors and dealers. Business operations are predominantly conducted on a business-to-business basis, catering to three primary customer segments: distributors, dealers, and institutional customers. These intermediaries supply products to builders and contractors.

As of March 31, 2026, the company's workforce comprised 1,357 employees, and they utilised the services of 143 contract labourers.

Competitive Strengths:

Vertically integrated manufacturing setup, including captive power capacity

Extensive distribution network in Gujarat with long-term customer relationships

Experienced promoters supported by a strong management and execution team

Strong brand recall driven by quality products

Track record of growth in financial performance

German Green Steel & Power Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 33% between the financial year ending with March 31, 2026 and March 31, 2025.

The German Green Steel IPO is subscribed 30.42 times on September 29, 2026 6:54:55 PM (Day 3). The public issue subscribed 23.98 times in the retail category, 21.91 times in the QIB category, and 56.77 times in the NII category. Check Day by Day Subscription Details (Live Status)

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Total Applications: 16,08,732