Founded in 2003, Vibhor Steel Tubes Limited manufactures, exports and supplies steel pipes and tubes to various heavy engineering industries in India.

The company’s product portfolio includes:

• ERW pipes for application in water transport, oil, gas and other non-toxic supplies.
• Hot-dipped galvanized pipes for application in agriculture and infrastructure.
• Hollow section pipes in square and rectangular forms.
• Primer painted pipes
• Crash barriers for application in railways, highways, and roads.

The company has two manufacturing facilities in Raigad, Maharashtra and Mahabubnagar (Dist.), Telangana and a warehouse in Hisar, Haryana.

As of January 24, 2024 the company had a total of 640 permanent employees.

For year/ period ended ( in Cr.)

For year/ period ended ( in Cr.)

*Market cap @upper band 

• In house designing, engineering and execution team;
• Strategic Location of manufacturing Units;
• Strong execution capabilities with industry experience and established track record;
• Experienced Promoters and Management Team.
• Specialized production of Stainless-Steel Pipes and Tubes.
• Good financial track record for the last 3 years

• Funding of working capital requirements of the company; and
• General corporate purposes.

At the upper band of Rs. 151, the stock is trading at P/E multiple of 14.84 times. Hence, Investors may park funds for the medium to long term rewards.