German Green Steel And Power Limited

Founded in 2008 and headquartered in Gujarat, India.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 09, 2024

German Green Steel And Power Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 28.46 Cr
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 428.23 Cr
  • Satisfied Charges ₹ 98.00 Cr
  • Revenue Growth 25.32%
  • Profit Growth 33.58%
  • Ebitda 38.50%
  • Net Worth 64.95%
  • Total Assets 6.82%

About German Green Steel And Power

German Green Steel And Power Limited (GGSAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 July 2008 and has a history of 16 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Haq Enterprises Private Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 28.46 Cr.

The company currently has active open charges totaling ₹428.23 Cr. The company has closed loans amounting to ₹98.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at German Green Steel And Power Limited India are Jigyasa Sukhwal as COMPANY SECRETARY and Ibrarulhaq Iraki as Cfo. Jitender, Luqman Khan, Monika Gupta, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    irakigroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100GJ2008PLC054437

  • Company No.

    054437

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jul 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at German Green Steel And Power?

Executive Team (3)

NameDesignationAppointment DateStatus
Jigyasa Sukhwal Country flag representing In Company Secretary08-Feb-2023Current
Ibrarulhaq Iraki CFO08-Feb-2023Current
Inamulhaq Iraki Country flag representing In Managing Director09-Jul-2008Current

Board Members (6)

NameDesignationAppointment DateStatus
Ziyaulhaq Iraki Country flag representing In Director 12-Apr-2018Current
Luqman Khan Country flag representing In Director 26-Jun-2021Current
Jitender Country flag representing In Director 10-Dec-2021Current
Monika Gupta Country flag representing In Director 08-Jan-2022Current
Abdulhaq Iraki Country flag representing In Director 09-Jul-2008Current
Shadab Iraki Country flag representing In Director 12-Apr-2018Current

Financial Performance of German Green Steel And Power.

German Green Steel And Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.32% increase. The company also saw a substantial improvement in profitability, with a 33.58% increase in profit. The company's net worth Soared by an impressive increase of 64.95%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
25.32%
Revenue from Operations
25.65%
Total Assets
6.82%
Profit or Loss
33.58%
Net Worth
64.95%
EBITDA
38.50%

What is the Ownership and Shareholding Structure of German Green Steel And Power?

In 2023, German Green Steel And Power had a promoter holding of 47.27% and a public holding of 52.73%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹428.23 Cr

Satisfied Charges

₹98.00 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 293.74 Cr
  • Hdfc Bank Limited : 134.49 Cr

Latest Charge Details

DateLenderAmountStatus
14 Nov 2022Hdfc Bank Limited₹9.88 MOpen
19 Jan 2021Hdfc Bank Limited₹133.50 CrOpen
19 Jan 2021Sbicap Trustee Company Limited₹213.37 CrOpen
19 Jan 2021Sbicap Trustee Company Limited₹80.37 CrOpen
13 Mar 2015Allahabad Bank₹43.00 CrSatisfied

How Many Employees Work at German Green Steel And Power?

German Green Steel And Power has a workforce of 287 employees as of Apr 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of German Green Steel And Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped German Green Steel And Power's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on German Green Steel And Power

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 133.50 Cr registered on 19 Jan 2021 with Charge ID 100407374 was modified on 15 Jan 2024.

    15 Jan 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 213.37 Cr registered on 19 Jan 2021 with Charge ID 100410307 was modified on 05 Jan 2024.

    05 Jan 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 80.37 Cr registered on 19 Jan 2021 with Charge ID 100410309 was modified on 03 Jan 2024.

    03 Jan 2024

  • Annual General Meeting

    German Green Steel And Power Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    German Green Steel And Power Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.99 Cr with Charge ID 100643486 was registered on 14 Nov 2022.

    14 Nov 2022

Frequently asked questions

  • German Green Steel And Power Limited was incorporated on 09 Jul 2008.

  • The authorized share capital of German Green Steel And Power Limited is ₹ 200.00 Cr and paid-up capital is ₹ 28.46 Cr.

  • Currently 10 directors are associated with German Green Steel And Power Limited.

    • Jigyasa Sukhwal
    • Ibrarulhaq Inamulhaq Iraki
    • Jitender
    • Luqman Ali Khan
    • Monika Gaurav Gupta
    • Ziyaulhaq Abdulhaq Iraki
    • Ibrarulhaq Inamulhaq Iraki
    • Abdulhaq Shamsulhaq Iraki
    • Inamulhaq Shamsulhaq Iraki
    • Shadab Akhlaque Ahmad Iraki
  • As per Ministry of Corporate Affairs (Mca), the registered address of German Green Steel And Power Limited is 116/B Shah & Shah Estate B/H Gujarat Botalling, Nr. Maniar Tailor Rakhiyal, Ahmedabad, India, 380023.

  • The corporate identification number (CIN) of German Green Steel And Power Limited is U27100GJ2008PLC054437 and the company number is 054437 as per Ministry of Corporate Affairs (MCA).

  • The Official website of German Green Steel And Power Limited is https://www.irakigroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for German Green Steel And Power Limited has risen by 25.32%.

  • As Per 2023 financial reports, 287 employees are currently employed by German Green Steel And Power Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of German Green Steel And Power Limited has experienced an upsurge of 64.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for German Green Steel And Power Limited amount to ₹ 428.23 Cr.

  • The most recent Balance Sheet for German Green Steel And Power Limited was filed with the ROC on 31 Mar 2023.