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APL Apollo Tubes Ltd. Company History and Annual Growth Details

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

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