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Aeroflex Industries repays entire loan of Kotak Mahindra Bank

01 Sep 2023 Evaluate

Aeroflex Industries has repaid the entire outstanding Kotak Mahindra Bank loan amounting to Rs 32.49 crore from the proceeds of initial public offer and internal accruals. Now Aeroflex is debt free company. 

Aeroflex Industries is engaged in manufacturing of stainless steel, flexible hose with braiding and without braiding and assemblies.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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