Registered Office:
German House Nr Bharat Petrol,Pump Opp Kochrab Ashram Paldi,
Ahmedabad
-
380007,
Gujarat, India.
Phone : +91 7211133101/9723555100
Fax : NA
Initial public offering of up to 21,863,309 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) 139 per equity share (including a share premium of (Rs) 129 per equity share) ("Offer Price") aggregating up to (Rs) 303 9 Crores (the "Offer") comprising a fresh issue of up to 20,863,309 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) 13.9 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) 6.95 Crores, and up to 5,00,000 equity shares of face value of (Rs)10 each by Abdulhaq Shamsulhaq Iraki, aggregating up to (Rs) 6.95 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.
Price Band: (Rs) 132 to (Rs) 139 for equity share of face value of (Rs) 10/- each.
The floor price is 13.20 times the face value of the equity shares and the cap price is 13.90 times of the face value of the equity shares.
Bids can made for a minimum of 107 equity shares of face value of (Rs) 10/- each and in multiples of 107 equity shares of face value of (Rs) 10/- each thereafter.
Opens On
Closes On
Application
Allotment
25-Sep-26
29-Sep-26
132.00-139.00
0.00-0.00
Minimum Application for shares in Nos :
107
Further Multiples of :
107
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Emkay Global Financial Services Ltd
Project Financed through Current Offer
303.20
Post Issue Equity Share Capital
75.35