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German Green Steel & Power Ltd

German Green Steel & Power Ltd

    Registered Office : German House Nr Bharat Petrol,Pump Opp Kochrab Ashram Paldi,Ahmedabad Gujarat 380007 Phone : +91 7211133101/9723555100
    Fax :

    Email : secretarial@germansteel.in

    Website : www.germansteel.in

Initial public offering of up to [*] equity shares of face value of Rs.10 each ("Equity Shares") of German Green Steel and Power Limited ("Company") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) ("Offer Price") aggregating up to Rs. [*] Crores (the "Offer") comprising a fresh issue of up to [*] equity shares of face value of Rs.10 each aggregating up to Rs.290.00 Crores by the company ("Fresh Issue") and an offer for sale of up to 10,00,000 equity shares of face value of Rs.10 each ("Offered Shares") aggregating up to Rs. [*] Crores comprising an offer for sale of up to 5,00,000 equity shares of face value of Rs.10 each by inamulhaq shamsulhaq iraki aggregating up to Rs. [*] Crores, and up to 5,00,000 equity shares of face value of Rs.10 each by abdulhaq shamsulhaq iraki, aggregating up to Rs. [*] Crores (collectively, "Promoter Selling Shareholders") and such equity shares offered by the promoter selling shareholders, the "Offered Shares") (such offer for sale by the promoter selling shareholders, the "offer for sale" and together with the fresh issue, "the Offer"). The offer will constitute [*] % of the post-offer paid-up equity share capital of the company. The company has, in consultation with the book running lead managers ("brlms"), undertaken pre-ipo placement of 18,38,000 fully paid-up equity shares at an issue price of Rs.270 per equity share (including a premium of Rs.260 per equity share) for cash consideration aggregating to Rs.49.63 Crores by way of a private placement on September 26, 2025 ("pre-ipo placement"), prior to filing of this red herring prospectus ("rhp"). the size of the fresh issue has been reduced by Rs.49.63 Crores pursuant to the pre-ipo placement and the revised size of the fresh issue is up to Rs. 290.00 Crores in compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957 ("scrr"). the pre-ipo placement has not exceeded 20% of the size of the fresh issue. The company has appropriately intimated the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. The company has reported the pre-ipo placement to the stock exchanges, within 24 hours of such pre-ipo placement. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement has been appropriately made in the relevant sections of this rhp and will be made in the relevant sections of the prospectus. The face value of the equity share is Rs.10 each and the issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company. Price Band: Rs. 132/- to Rs. 139/- for equity share of face value of Rs. 10 each. The floor price is 13.20 times times the face value and cap price is 13.90 times of the face value of the equity shares. Bids can made for a minimum of 107 equity shares and in multiples of 107 equity shares thereafter.

Issue

Opens On

Closes On

25-Sep-2026

29-Sep-2026

Money Payable On

Application

Allotment

132.00

0.00

Minimum Application for shares in Nos : 107.0 Further Multiples of : 107.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

303.90

75.35

132.00

Emkay Global Financial Services Ltd

Pantomath Capital Advisors Pvt Ltd

Systematix Corporate Services Ltd

Projects
  • Funding the capital expenditure requirements of our Company towards expansion of its manufacturing facility at Samakhiyali, Kutch, Gujarat and hybrid wind and solar power plant ("Project")
  • Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company.
  • General corporate purposes.
Promoted By
  • Inamulhaq Shamsulhaq Iraki
  • Abdulhaq Shamsulhaq Iraki
  • Ibrarulhaq Inamulhaq Iraki
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Bigshare Services Pvt Ltd