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APL Apollo Tubes raises Rs 100 crore through commercial papers

13 Oct 2025 Evaluate

APL Apollo Tubes has raised Rs 100 crore through allotment of commercial papers (CPs). The CPs have been allotted on October 13, 2025, and will mature on December 23, 2025, for a total duration of 71 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 1261.00
Tata Steel 186.00
Steel Authority 184.45
Jindal Stainless 745.30
APL Apollo Tubes 2200.00
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