German Green Steel And Power Limited IPO

German Green Steel And Power Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹0.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

German green is a vertically integrated iron and steel manufacturer with a strong presence in western India, particularly Gujarat, with a primary focus on TMX bars. It operates two manufacturing facilities in Gujarat: a fully integrated facility at Samakhiyali and another at Viramgam, managed through its material subsidiary, German TMX Private Limited. Its product portfolio mainly includes TMT bars, MS billets, and sponge iron, with TMT bar production ranging from 8 mm to 40 mm.

Objects of Issue

  1. Funding capital expenditure for expanding the Samakhiyali (Kutch, Gujarat) manufacturing facility and the hybrid wind–solar power plant.
  2. Prepayment or repayment of certain outstanding borrowings availed by the Company
  3. General Corporate Purposes

Financial Performance

(Rs. in crores)

Financial Performance Metrics for German Green IPO
Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 9,797.88 11,297.82 11,211.26 8,922.48
Profit after Tax 320.76 416.67 311.98 341.69
Net Worth 2,333.93 1,760.62 1,344.05 1,070.55
Total Borrowing 3,468.02 1,983.90 1,416.69 1,517.05
Total Assets 9,304.56 5,597.35 3,745.88 3,502.77
NAV per share (in ₹) 275.97 208.18 158.93 126.59
EPS - Basic (in ₹) 6.09 7.91 5.93 6.49

KPIs

EBITDA

7.09%

PAT

3.69%

RONW

23.67%

ROCE

18.83%

Debt to Equity

1.13

  • All the data pertains to FY 2023-24.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

100.00%

Public

0.00%

Inamulhaq Iraki 42.34%
Abdulhaq Iraki 40.80%
Others 16.86%

Management

Inamulhaq Iraki Chairman
Abdulhaq Iraki MD
Mittal Shah CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Frequently Asked Questions

What is German Green IPO?
German Green IPO is a Mainboard IPO having an issue size of ₹0.00 Crs. German Green IPO is priced at ₹ - ₹ per share. The issue opens on 15 Apr 26 and closes on 15 Apr 26.
When will German Green IPO open?
German Green IPO opens on 15 Apr 26 and closes on 15 Apr 26.
What is the GMP of German Green IPO?
The estimated Grey Market Premium of German Green IPO is ₹0 per share (-).
What is the lot size of German Green IPO?
The minimum lot size of German Green IPO is 0 shares & the minimum application amount is Rs. 0.
When is the allotment of German Green IPO?
The allotment date of German Green IPO is 15 Apr 26.
What is the listing date of German Green IPO?
The listing date of German Green IPO is 15 Apr 26.
What is the subscription of German Green IPO?
German Green IPO is subscribed -.
What is the price band of German Green IPO?
German Green IPO is priced at ₹ - ₹ per share.
How to check allotment status of German Green IPO?
Click the allotment link on German Green IPO page of IPO360.
How to apply German Green IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply German Green IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply German Green IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select German Green IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date