GENERAL22 Sept 2026
German Green Steel, Power IPO to open on Sep 25 with price band of ₹132-139
German Green Steel and Power opens its ₹304 crore initial public offering on September 25, with a price band of ₹132 to ₹139 per share. The iron and steel maker closes the issue on September 29 and lists on BSE and NSE on October 5. Money raised will expand its Kutch factory, build a wind and solar plant, and repay debt. Retail investors can apply until September 29.
Key Statutory Highlights
- German Green Steel and Power will open its ₹304 crore IPO on September 25 and close it on September 29.
- The price band is ₹132 to ₹139 per equity share, and the shares will list on BSE and NSE on October 5.
- The fresh issue of up to ₹290 crore will fund expansion at its Samakhiyali plant in Kutch, a hybrid wind and solar power plant, and debt repayment.
Actionable Advice for Taxpayers / Founders:If you are planning to apply, read the prospectus carefully and note the ₹132-139 price band and the September 29 closing date before deciding. Judges about your own risk and goals, since IPO returns are never guaranteed.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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