APL Apollo Tubes to raise Rs 50 crore through NCDs

29 Mar 2017 Evaluate

APL Apollo Tubes has received an approval to allot 500 secured redeemable non-convertible debentures (NCDs) of face value Rs 10 lakh each, aggregating to Rs 50 crore. The Finance Committee of Board of Directors of the Company in its meeting held on March 29, 2017 has approved for the same.

APL Apollo is the fastest growing steel tube manufacturer in India and has attained pole position in this category. The company is headquartered in Delhi NCR and has six manufacturing facilities.

APL Apollo Tubes Share Price

1549.00 -32.45 (-2.05%)
25-Apr-2024 16:01 View Price Chart
Peers
Company Name CMP
JSW Steel 905.50
Tata Steel 167.60
SAIL 164.90
Jindal Stainless 727.40
APL Apollo Tubes 1549.00
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