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APL Apollo Tubes planning to raise funds via NCDs

04 Jul 2018 Evaluate

APL Apollo Tubes is planning to raise funds through allotment of Secured Redeemable Non-Convertible Debentures (NCDs) on Private Placement basis, to be listed on the Debt market segment of BSE. The meeting of the Finance Committee of Board of Directors of the company will be held on July 06, 2018, to consider and approve the same.

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 1236.20
Tata Steel 173.90
Steel Authority 168.65
Jindal Stainless 733.95
APL Apollo Tubes 2155.00
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