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.
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹450.00 Crs |
German Green IPO Objects
- 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 Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹450.00 Cr (0.00 Shares) |
Offer For Sale₹0.00 (0.20 Cr Shares) |
Total Issue₹450.00 Cr (0.20 Cr Shares) |
Face Value₹10 per equity share |
German Green IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
0
0
0
Maximum
-
-
-
|
|||
| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
|
|||
| Big HNI |
Minimum
-
-
-
|
|||
German Green IPO GMP
The estimated Grey Market Premium of German Green IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
German Green IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| 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.
German Green IPO Peer Comparision
German Green IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Inamulhaq Iraki | 42.34% |
| Abdulhaq Iraki | 40.80% |
| Others | 16.86% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Inamulhaq Iraki | Chairman |
| Abdulhaq Iraki | MD |
| Mittal Shah | CFO |
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
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Find answers to common questions that come in your mind related to IPO.
German Green IPO is a Mainboard IPO having an issue size of Rs. ₹450.00 Crs. German Green IPO is priced at ₹ - ₹ per share. The issue opens on 05 Dec 25 and closes on 05 Dec 25.
German Green IPO opens on 05 Dec 25 and closes on 05 Dec 25.
The estimated Grey Market Premium of German Green IPO is ₹0 per share (-).
The minimum lot size of German Green IPO is 0 shares & the minimum application amount is Rs. 0.
The allotment date of German Green IPO is 05 Dec 25.
The listing date of German Green IPO is 05 Dec 25.
German Green IPO is subscribed -.
German Green IPO is priced at ₹ - ₹ per share.
Click the allotment link on German Green IPO page of IPO360.
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