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APL Apollo Tubes raises Rs 75 crore through NCDs

13 Sep 2017 Evaluate

APL Apollo Tubes has raised Rs 75 crore through Non-Convertible Debentures (NCDs). The Finance Committee of board of directors of the company at its meeting held on September 13, 2017, has allotted 750 Secured Redeemable NCDs having face value of Rs 10 lakh each. The said NCD's shall be listed on BSE.

APL Apollo Tubes is a leading manufacturer and exporter of Steel Pipes & Tubes, Aluminised Steel Tubes, Black Steel Tubes, Hot Dipped & Pre Galvanised Steel Tubes, Fence Tubes and Structural Steel.



Peers
Company Name CMP
JSW Steel 1345.00
Tata Steel 184.90
Steel Authority 169.80
Jindal Stainless 691.05
APL Apollo Tubes 2180.10
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