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.
German Green IPO Size
Objects of Issue
- Funding capital expenditure for expanding the Samakhiyali (Kutch, Gujarat) manufacturing facility and the hybrid wind–solar power plant.
- Prepayment or repayment of certain outstanding borrowings availed by the Company
- General Corporate Purposes
German Green IPO Financial Performance
(Rs. in crores)
| 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 |
Key Performance Indicators (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.
Promoter Holding
Promoter
100.00%
Public
0.00%
Management
Registrar & Lead Managers
Registrar
Bigshare Services
Lead Managers (2)
Company Details
Name: German Green Steel And Power Limited
Address: German House, Near Bharat Petrol Pump, Opp.
Kochrab Ashram, Paldi, Ahmedabad- 380007,
Gujarat, India
Number: +91 7211133101/ 9723555100
Email: secretarial@germansteel.in
Website: www.germansteel.in
Delete Comment?
Are you sure you want to delete this comment? This action cannot be undone.
Discussion
Join the discussion!
Log In to CommentNo comments yet. Be the first to share your thoughts!