German Green Steel and Power

What German Green Steel and Power does

German Green Steel and Power Limited is a vertically integrated iron and steel manufacturer headquartered in Ahmedabad, Gujarat, India. Founded in 1976 as a scrap trading business by Mr. Shamsulhaq Mohammed Jalil Iraki, the company transitioned into steel manufacturing in the 1990s under second-generation family leadership and was previously known as Haq Steels & Metaliks Ltd. The company operates two manufacturing facilities — a vertically integrated plant at Samakhiyali (Kutch) exceeding 524,673 square metres and a TMT bar facility at Viramgam operated through wholly-owned subsidiary German TMT Pvt. Ltd. — with combined installed capacity of 302,000 MTPA TMT bars, 357,000 MTPA MS Billets, and 66,000 MTPA Sponge Iron.

The company's core product line is TMT (Thermo-Mechanically Treated) bars manufactured via Thermex Quenching Technology, a controlled rapid-cooling and self-tempering process that produces a hardened outer surface and a ductile inner core. The portfolio also includes Fusion Bonded Epoxy (FBE) coated bars for corrosion-prone environments, CRS Green Steel (corrosion-resistant steel with 20–50% performance uplift over standard TMT), and a value-added Cut & Bend pre-fabrication service that processes reinforcement bars to customer Bar Bending Schedules. A material share of manufacturing power is sourced from captive hybrid solar and wind plants at Bhavnagar and Bharuch. The company holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, and complies with BIS 1786:2008 and BIS 2830:2012.

German Green Steel and Power sells directly to construction companies, contractors, developers, and EPC firms through a field sales model, primarily serving infrastructure, industrial, commercial, residential, and government projects in Gujarat and western India. Pricing is quote-based and not publicly disclosed, with no intermediary resellers in the distribution chain. The company is privately held and family-controlled by the Iraki family, and the website's investor section references a DRHP (Draft Red Herring Prospectus), indicating an active public listing initiative.

Name

German Green Steel and Power

Legal name

German Green Steel & Power Limited

Website

https://germansteel.in

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

101–250 employees

Short description

German Green Steel and Power is a vertically integrated Indian steel manufacturer based in Gujarat producing TMT bars, MS billets, sponge iron, and specialty coated steel products for construction, infrastructure, and EPC customers primarily in western India.

Ownership category

akta.pro rank

Product category

Steel Manufacturing (TMT Bars & Reinforcement Steel)

NAICS

Iron and Steel Mills and Ferroalloy Manufacturing (3311), Steel Product Manufacturing from Purchased Steel (3312)

SIC

Miscellaneous Primary Metal Products (3390), Miscellaneous Fabricated Metal Products (3490)

akta.pro industry

PRIMARYIMAKABAA

Integrated Steelmaking (BF-BOF)

Industrials, Manufacturing & Construction/Metals & Mining/Steel Production & Processing

SECONDARYIMAKABAJ

Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA)

Industrials, Manufacturing & Construction/Metals & Mining/Steel Production & Processing

SECONDARYIMAKABAG

Coated & Plated Steel (Galvanized, Galvalume, Tinplate, Electrogalvanized, Color-Coated)

Industrials, Manufacturing & Construction/Metals & Mining/Steel Production & Processing

Keywords

• TMT bar manufacturing
• Steel reinforcement products
• Sponge iron production
• MS billet manufacturing
• Epoxy coated TMT bars

Headquarters

HQ city

Ahmedabad

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. TMT Bars Sales: Manufacturing and sale of TMT Bars produced through the electric arc furnace route, available in sizes 8mm to 40mm and grades Fe500, Fe500D, Fe550, Fe550D, Fe500 CRS, Fe500D CRS, Fe550 CRS, and Fe550D CRS. Revenue is generated through direct sales to construction companies, contractors, developers, and EPC firms.
2. MS Billets: Semi-finished steel product with rectangular or square cross section, used as raw material for rolling into bars, rods, and structural steel products. MS Billets are primarily used for captive consumption to manufacture TMT Bars, with some external sales.
3. Sponge Iron: Directly reduced iron with high iron content used as raw material for production of steel billets and other steel products. Used primarily for captive consumption in the company's vertically integrated manufacturing process, with some external sales.
4. Cut & Bend Services: Ready-to-install, pre-fabricated steel reinforcement bars manufactured to exact specifications per the customer's Bar Bending Schedule (BBS). Single-window service eliminating need for separate dealings with steel reinforcement bar suppliers, logistics personnel, or on-site contractors for cutting and bending.
5. Epoxy Coated TMT Bars: Fusion Bonded Epoxy (FBE) coated TMT bars providing corrosion protection for structures in aggressive environments. Revenue generated from sale of premium-coated bars to construction projects requiring enhanced durability.
6. CRS Green Steel: Corrosion Resistant Steel produced using advanced eco-friendly processes that reduce carbon emissions while delivering superior corrosion resistance, with 100% D-quality output and 20–50% performance boost compared to normal TMT bars.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

German Green Steel and Power Limited is a vertically integrated iron and steel manufacturer producing TMT Bars (Fe500, Fe500D, Fe550, Fe550D in sizes 8mm–40mm) along with semi-finished products such as MS Billets and Sponge Iron. The company also offers specialty products including Fusion Bonded Epoxy (FBE) Coated TMT Bars, CRS Green Steel (corrosion-resistant, low-carbon-emission steel), and a value-added Cut & Bend pre-fabricated reinforcement service for construction customers.

Product overview

German Green Steel and Power Limited is a vertically integrated iron and steel manufacturer based in Gujarat, India, primarily focused on TMT Bars. The company operates two manufacturing facilities (Samakhiyali and Viramgam) producing a portfolio of six distinct steel products. The core product line spans TMT Bars manufactured via Thermex quenching technology; semi-finished inputs including MS Billets (captively consumed) and Sponge Iron; and finished specialty products including Epoxy Coated TMT Bars (FBE coating for corrosion protection) and CRS Green Steel (corrosion-resistant, low-carbon steel with 20-50% enhanced performance). A value-added Cut & Bend service provides ready-to-install, pre-fabricated reinforcement bars processed to customer Bar Bending Schedules. The company also holds ISO certifications for quality, environmental, and occupational health & safety management systems.

Differentiator

Problem solved

Functional benefit

Products and services

• TMT Bars Thermo-Mechanically Treated (TMT) steel reinforcement bars produced via the Thermex quenching process. Available in sizes 8mm to 40mm and grades Fe500, Fe500D, Fe550, Fe550D, manufactured for use in reinforced concrete construction. Sold primarily to construction companies, contractors, developers, and EPC firms.
• MS Billets Semi-finished steel product with rectangular or square cross-section, used as raw material for rolling into bars, rods, and structural steel products. Primarily used captively to manufacture TMT Bars, with some external sales.
• Sponge Iron Directly reduced iron with high iron content, used as the primary raw material for production of steel billets and downstream steel products. Used primarily for captive consumption within the company's integrated manufacturing process, with some external sales.
• Cut & Bend Ready-to-install, pre-fabricated steel reinforcement bars meticulously processed according to the customer's Bar Bending Schedule (BBS), available in standard stirrup sizes (7"x3" through 7"x13"). Built using German TMT Fe 550 steel with yield strength of 550 N/mm² and tensile strength of 585 N/mm². Reduces on-site wastage, labor costs, and construction time for builders and contractors.
• Epoxy Coated TMT Bars TMT bars coated with Fusion Bonded Epoxy (FBE) by electrostatic dry powder application at 225°C–245°C, forming a protective film that bonds with the steel surface. Prevents chloride ions, chemicals, and moisture from reaching the steel. Subjected to Chemical Resistance, Adhesion, Voltage Resistance, Salt Spray, Abrasion, and Impact tests. Sold to construction projects requiring enhanced corrosion protection.
• CRS Green Steel Corrosion-resistant steel produced using advanced eco-friendly processes that significantly reduce carbon emissions while delivering superior corrosion resistance. Achieves 100% D-quality output and a 20–50% performance boost over normal TMT bars. Available in CRS grades Fe500D CRS, Fe500 CRS, Fe550D CRS, and Fe550 CRS. Suitable for harsh and moisture-prone environments including coastal structures, bridges, and flyovers.

Quantifiable outcome

• CRS Green Steel delivers 20–50% performance boost compared to normal TMT bars with 100% D-quality output
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators7 records

Broad incumbents

• Tata Steel: India's largest private sector steel producer with a pan-India TMT bar franchise (Tata Tiscon). Directly comparable as a vertically integrated TMT bar manufacturer, but at vastly greater scale with national distribution, established dealer networks, and significantly larger financial firepower for cyclical downturns.
• JSW Steel: One of India's largest integrated steel manufacturers offering TMT bars under the JSW NeoSteel brand. Comparable as a vertically integrated EAF-BOF producer with national reach, similar grade portfolio, and value-added products targeting the same construction and infrastructure segments.
• Jindal Steel and Power: Diversified Indian steel producer with a TMT bar offering (Jindal Panther) competing in the same premium construction segment. Comparable as an integrated producer with stronger national brand, broader distribution, and significant institutional backing.
• Steel Authority of India Limited (SAIL): India's largest state-owned steel producer with a national TMT bar presence. Competitor in supplying large infrastructure and government projects with similar grade offerings; vastly larger scale, BF-BOF integrated route, and government backing create structural cost advantages.

Direct peers

• Visa Steel: Indian steel producer with integrated operations including TMT bars and specialty steel products. Comparable as a mid-sized integrated player with similar customer focus on construction and infrastructure, though with a different scale of operations.
• Shyam Steel: Mid-sized Indian TMT bar manufacturer with comparable product portfolio (Fe 500/550 grades), regional-to-national distribution, and focus on construction and infrastructure customers. Closely comparable in scale, product mix, and target customer segments, with similar value-added service offerings.
• SRMB Steel: Indian TMT bar producer with comparable grade portfolio and similar focus on eastern and western India construction markets. Comparable in scale and customer base to German Green Steel, with overlapping product positioning in corrosion-resistant and earthquake-resistant TMT grades.
• Gallantt Metal: Indian integrated steel manufacturer producing TMT bars, sponge iron, billets, and value-added steel products. Comparable in scale, product portfolio, and target customer base, competing in similar regional and infrastructure segments.
• Electrosteel Steels: Indian integrated steel manufacturer producing TMT bars and billets, comparable in product mix and target customers. Now part of the Vedanta group, providing it with stronger capital backing than German Green Steel but similar product positioning in the Indian reinforcement steel market.
• Rashmi Metaliks: Mid-sized Indian integrated steel producer with TMT bars, billets, and sponge iron. Comparable as a vertically integrated producer serving construction and infrastructure customers with similar production capacities and product mix.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about German Green Steel and Power