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APL APOLLO TUBES LTD.

20 December 2024 | 12:00

Industry >> Steel - Tubes/Pipes

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ISIN No INE702C01027 BSE Code / NSE Code 533758 / APLAPOLLO Book Value (Rs.) 129.88 Face Value 2.00
Bookclosure 19/09/2024 52Week High 1729 EPS 26.39 P/E 59.07
Market Cap. 43266.08 Cr. 52Week Low 1305 P/BV / Div Yield (%) 12.00 / 0.35 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Bihar Tubes Limited was incorporated on 24th Feb. , 1986 as a Private Limited Company. Mr. S. K. Gupta and Mrs. Saroj Rani Gupta were its first Directors. It started a unit at Sikandrabad (U.P.) to manufacture M. S. Pipe . Later on it also set up facilities to manufacture G. I. Pipes.

The Company was converted in to a Public Limited Company on 19th Oct. , 1993. The Company entered in to Capital Market by way of a Public Issue amounting to Rs.438 lacs in 1995. In 1994, the company also issued 28,80,000 Equity shares of Rs. 10/- each as Bonus shares in the Ratio of 2:5 by capitalising its General Reserves. The Company modernised its plant in 2002 with the term loan extended by Union Bank of India, Paharganj New Delhi, which is also providing Working Capital assistance to the Company.

The performance of the company has been excellent and its turnover is increasing every year at a sustained growth rate. The Company is also Exporting its products to various countries and also exploring the new destinations with vast export potentials. The Company has got the certification as Recognised Export House. All its products are BIS marked. The Company is also enjoying ISO 9002 and ISO 9001 certification for its operation.

At present company is having three Tube Mills with total Production capacity of over 53000 M.T. per annum of M. S. Pipe and also for Galvanising the same. The company is further expanding its capacity to 80000 M. T. per annum at a cost of cost of Rs. 300 Lacs.

2007

-The Company has issued Bonus Shares in the Ratio of 1:1.

2008

- Bihar Tubes Ltd has informed that the Company bagged order worth INR 150 Million approx from Govt. of Himachal Pradesh, Irrigation & Public Health Deptt. Shimla.

2009

-Bihar Tubes achieved 75% Growth in Production

-Bihar Tubes Commissioned First Phase of Hosur Project

2010

-Bihar Tubes inaugurates South India's largest steel tube plant at Hosur

-Bihar Tubes on Galloping Spree - Achieved Prestigious OHSAS 18001-2007 & ISO 14001-2007 Certification

-The name of the Company has been changed from "Bihar Tubes Ltd" to "APL Apollo Tubes Ltd"

-APL Apollo Tubes acquires Lloyds Line Pipes

2011

-Ashok Kumar Gupta has been appointed as Managing Director of the company.

2012

-Sheet galvanizing facility introduced in South India, Commenced modernization and capacity enhancement drive at all manufacturing locations.

-APL Apollo Tubes has recommended the Dividend of Rs. 2.00/- per equity share of Rs. 10/- each

2013 -Apollo Tubes Ltd Chairman Mr. Sanjay Gupta has been awarded Manufacturing Today's 2013 Entrepreneur of the Year.

2014 - "APL Apollo Tubes subsidiary Shri Lakshmi Metal Udyog Limited wins Business Today - Yes Bank Excellence Award".

2015 -APL Apollo launches steel frames to boost low cost housing -APL Apollo launches colour coated pipes for the first time in India

2016 - APL Apollo wins the `Fastest Growing Manufacturing Company' award at the IPF Industrial Excellence Awards

2017 - APL Apollo Tubes, Indias leading branded steel tubes manufacturer in the Building Materials space, has received patents from the Indian Patent Office for two new designs. - APL Apollo Tubes, the pioneer in Steel pipes and Sections, has launched its new brand Apollo Coastguard, a revolutionary change in the world of galvanized steel pipes. - APL Apollo Tubes has completed the acquisition of Blue Ocean Projects by acquiring all the shares of Blue Ocean Projects on January 14, 2017.

2018

-APL Apollo Tubes has installed the rooftop solar power at its manufacturing facilities at Murbad and Sikardrabad, with a total capacity of 1.30 MW and 1.20 MW respectively.

2019

-Amitabh Bachchan showcases APL Apollo's `Desh ki Andekhi Taqat' campaign | Brand Equity

-APL Apollo signs landmark MoU with IIT Roorkee for collaboration in the fields of joint research.

2020

-APL Apollo Tubes Limited has informed that the Board of Directors has considered and approved subdivision of 24937450 equity shares of 10 each into 124687250 equity shares of 2 each, -APL Apollo Tubes unveil new range of pipes -APL Apollo Unveils "Apollo Fencing Solution" that Blends Protection with Aesthetics -APL Apollo Tubes signs MoU with Zamil Steel Buildings India | Construction Week Online

2021

-APL Apollo unveils India's first closed steel door and window frames "Apollo Chaukhat Construction Week Online

-Merger of Shri Lakshmi Metal Udyog & Apollo Tricoat with APL Apollo Tubes will bump up

-APL Apollo board nods amalgamation scheme of Shri Lakshmi and Apollo Tricoat | India Infoline News Service

-APL Apollo Tubes Ltd. ranked at 56 percentile in ESG Rankings

2022 -APL Apollo launches next-gen Steel Building Solutions for structural steel tubes. -APL Apollo Tubes launches innovative colour coated coils and sheets first time in India.