German Green Steel & Power was incorporated as ‘Haq Enterprises Private Limited’ on July 09, 2008 as a private limited company. The name of the company was changed to ‘Haq Steels and Metaliks Private Limited’ as approved by the shareholders’ vide special resolution dated April 5, 2018. Thereafter, the company was converted to a public limited company, approved by the shareholders’ vide special resolution dated April 17, 2018, pursuant to which the name of the company was changed to ‘Haq Steels and Metaliks Limited’. Thereafter, the name of the company was changed to ‘German Green Steel and Power Limited’ as approved by the shareholders’ vide special resolution dated December 20, 2023.
The company is a vertically integrated iron and steel manufacturer. Steel scrap is one of its primary raw materials used in its manufacturing process, enabling the company to recycle ferrous material into finished steel products. Its product portfolio comprises mainly of TMT Bars, MS Billets and Sponge Iron. Additionally, the company has expanded its product portfolio by entering the value-added steel products segment with the commencement of production of cut and bend bars and epoxy coated TMT bars.
Business area of the company
The company is engaged in the manufacture and sale of TMT bars and steel products.
Products of the company
- TMT Bars
- MS Billets
- Sponge Iron
- Others (MS scrap, mill scale, black fly ash, MISS roll, etc.)
Awards, accreditations and recognition
- 2022: Received certificate of recognition for being recognised as ‘Super 10 Steel Brands’ by Success Insights India.
- 2023: Certified green product award (TMT rebars) issued by CII- Green Products and Services Council.
- 2025: Received ‘TMT Vanguard of Excellence’ award by Mirchi Business Class Awards.
History and milestones
- 2008: Incorporation of the company and commencement of operations.
- 2018: Acquisition of Samakhiyali Facility through liquidation process under the Insolvency and Bankruptcy Code, 2016 (IBC).
- 2019: Commissioning of Samakhiyali Facility.
- 2020: Entered into a trademark license agreement with Shree Ganesh Rolling Mills (India) Limited for use of trademark ‘Jindal’ for manufacturing of steel rebars.
- 2023: Commissioning of 4.24 MW wind solar hybrid project.
- 2024: Acquisition of 97.41% stake in German TMT Private Limited (formerly known as German TMX Private Limited) (material subsidiary).
- 2025: Entered into a contract manufacturing agreement with JSW One Distribution Limited (JODL) to enable the company to manufacture quality products (as defined in the agreement), which adhere to specifications, standards, quality assurance plan/ SOP laid down by JODL and the guidelines of BIS.
- 2025: Received Green certification for products manufactured at Samakhiyali Facility and Viramgam Facility.
- 2025: Forayed into selling of cut & bend and epoxy coated TMT Bars.