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APL Apollo Tubes raises Rs 100 crore through commercial papers

14 Jul 2025 Evaluate

APL Apollo Tubes has raised Rs 100 crore through allotment of commercial papers (CPs). The CPs have been allotted on July 14, 2025, and will mature on September 29, 2025, for a total duration of 77 days. The said Commercial Papers shall be listed on BSE.

The company is engaged in the business of production of Electric Resistance Welded (ERW) steel tubes.


Peers
Company Name CMP
JSW Steel 1354.00
Tata Steel 189.50
Steel Authority 170.80
Jindal Stainless 704.45
APL Apollo Tubes 2186.95
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