Vibor Steel Tubes: Manufacturing and Distribution of Steel Pipes and Tubes in India

by time news

2024-02-09 19:26:00

Vibor Steel Tubes

Established in the year 2003, the company has been manufacturing and distributing steel pipes and tubes to various heavy engineering companies in India.

Electrically resistant ERW pipes for use in water conveyance, oil, gas and other non-toxic distribution; The company also manufactures pipes used in agriculture and infrastructure. It also manufactures crash barriers used in railway stations, highways and roads. The company has two manufacturing facilities at Raigad, Maharashtra and Mahabub Nagar, Telangana and a storage warehouse at Hisar, Haryana.

Financial Status: As on March 31 last year, the company’s revenue stood at Rs 1,114 crore. Profit after tax was Rs 21 crore.

Commencement Date: 13.02.2024

Closing Date: 15.02.2024

Date of listing: 20.02.2024

Listed Market: BSE, NSE,

Share price: 141 – 151 rupees

Face Value of Share: Rs. 10

New share sale: Rs.72.17 crore

Total share sale: Rs.72.17 crore

#ipo #Stock #Issue #Dinamalar

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