Vibhor Steel Tubes Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as ‘Vibhor Steel Tubes Private Limited’ a private limited company under the Companies Act, 1956 at, pursuant to a certificate of incorporation dated April 16, 2003 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Thereafter, our Company was converted from private to public company, pursuant to a special resolution passed by the shareholders of our Company on June 14, 2023 and a fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, Delhi (“RoC”) on July 07, 2023.

MAJOR EVENTS:

2003

-Our Company was incorporated as “Vibhor Steel Tubes Limited”.

2004

-Mills were made operative with production capacity of 25,000 MTPA.

2007

-Capacity doubled to 60,000 MTPA.

2008

-New factory unit I having 8” mill & a new galvanized line was set up.

2011

-Company manufactured 90,000 MTPA with help of advanced tube mill imported from Australia and state of the art slitting line from USA.

2013

-Started exporting to Egypt.

2017

-Factory set up in Telangana with capacity of 96,000 MTPA (Unit -II).

2018

-Size 12” Tube mill has been started at Telangana Unit in the year 2018 and our Unit-II has executed turnover Rs. 11,300.00 Lakhs.

2019

-Company has achieved a Turnover of more than Rs. 500 crores.

2022

-Company has added a new plant in Hisar, Haryana (Unit -III) and started the production of SS Pipe.

-Company has achieved a Turnover of more than Rs. 800 crores and our profit has also increased to Rs. 1,148.30 Lakhs.

2023

-Company has achieved a Turnover of more than Rs. 1,100 crores and our profit has also increased by more than 80%.

-Company has added the production of two new products i.e., Square Pipe and crash barriers.

-Company has acquired the land in Orrisa for setting up a new plant (Unit -IV).