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APL Apollo Tubes Ltd.

BSE: 533758 Sector: Metals & Mining
NSE: APLAPOLLO ISIN Code: INE702C01019
BSE LIVE 15:40 | 17 Jan 1034.40 23.75
(2.35%)
OPEN

1020.00

HIGH

1049.70

LOW

1012.00

NSE LIVE 15:53 | 17 Jan 1035.70 20.40
(2.01%)
OPEN

1016.00

HIGH

1050.00

LOW

1011.60

OPEN 1020.00
PREVIOUS CLOSE 1010.65
VOLUME 3923
52-Week high 1088.00
52-Week low 557.00
P/E 17.71
Mkt Cap.(Rs cr) 2440.15
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1020.00
CLOSE 1010.65
VOLUME 3923
52-Week high 1088.00
52-Week low 557.00
P/E 17.71
Mkt Cap.(Rs cr) 2440.15
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

APL Apollo Tubes Ltd. (APLAPOLLO) - Company History

APL Apollo Tubes Ltd is one of the leading manufacturers of hollow section steel tubes and pre-galvanized steel tubes in the country. The company is a leading manufacturer and exporter of ERW Black, Hot Dipped Galvanised, Pre-Galvanized Steel Tubes, Hollow Sections & Structural Steel. The company has certifications like ISO 9001-2008, QHSAS 18001-2007 & ISO 14001-2004 and safety certifications like CE & UL for Europe and USA. The company has three wholly-owned subsidiaries namely, Apollo Metalex Pvt Ltd, Shri Lakshmi Metal Udyog Ltd and Lloyds Line Pipes Ltd. The company's products by the urban infrastructure industries namely airports, metro stations, automotive segment like bus body manufacturers, construction namely scaffoldings, etc. APL Apollo Tubes Ltd was incorporated on February 24, 1986 as a private limited company. The company started a unit at Sikandrabad (UP) to manufacture M. S. Pipe. And then they also set up facilities to manufacture G. I. Pipes. In October 19, 1993, the company was converted into a public limited company. In 1995, they entered in to capital market by way of a public issue amounting to Rs 438 lakh. In 2002, the company modernized their plant. During the year 2009-10, the company commissioned world-scale manufacturing facilities at Hosur, Tamil Nadu, with installed capacity of 200,000 MTPA and extend the brand 'APL Apollo' in promising markets. They transformed five of their branches in Ghaziabad, Gurgaon, Jaipur, Pune and Ludhiana to a full-fledged steel product retail chain under the name of APL Apollo Steel World. Also, the name of the company was changed from Bihar Tubes Ltd to APL Apollo Tubes Ltd to attain a strategic image makeover and brand building. During the year 2010-11, the company strategically acquired 100% shares of M/s Lloyds Line Pipes Limited (hereinafter known as LLPL) from its erstwhile shareholders in all cash deal, inter-alia making it the Company's wholly-owned subsidiary on November 11, 2010. They opend five additional warehouses-cum- branches at Nagpur, Goa, Bengaluru, Hyderabad and Cochin to cater to the burgeoning demand in various industrial applications, thereby, strengthening the APL Apollo brand. The company's equity shares were listed on National Stock Exchange Ltd (NSE) with effect from December 14, 2011.