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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 930.46 | 559.73 | 374.59 | 350.28 |
| Total Income | 987.32 | 1,137.54 | 1,130.20 | 901.87 |
| Profit After Tax | 32.08 | 41.67 | 31.20 | 34.17 |
| EBITDA | 68.18 | 80.11 | 52.59 | 39.15 |
| NET Worth | 233.39 | 176.06 | 134.40 | 107.06 |
| Total Borrowing | 346.80 | 198.39 | 141.67 | 151.70 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure requirements of its manufacturing facility at Samakhiyali, Kutch, Gujarat and hybrid wind and solar power plant | 325.21 |
| 2 | Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company | 55.01 |
| 3 | General corporate purposes |
About German Green Steel IPO
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 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. The product portfolio comprises TMT Bars, MS Billets, and Sponge Iron, with TMT bar 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. 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. The brand “German TMT” has established strong recognition for TMT Bars in Gujarat. Over the years, the company has focused on inn
Contact Details
German Green Steel & Power Ltd. AddressGerman House, Near Bharat Petrol Pump,Opp. Kochrab Ashram,PaldiAhmedabad, Gujarat, 380007380007secretarial@germansteel.inVisit Website