Vibhor Steel Tubes Ltd
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Vibhor Steel Tubes Ltd
Vibhor Steel Tubes Ltd is a IN-based company operating in industry. The company is headquartered in Hisar, Haryana. The company went IPO on 2024-02-20. Vibhor Steel Tubes Ltd is an India-based company, which is a manufacturer of steel tubes and pipes. The Company’s product categories include electric resistance welded (ERW) black pipes, hot dipped galvanized pipes, hollow section tubes, primer painted, and crash barrier. The company provides a range of options for ERW black pipes, such as wall thickness, diameters and finishes depending on the requirements of the end-users. The company manufactures hollow structural sections (HSS) pipes with a coating of anti-rust oil inside and outside to ensure a safe delivery to end customers. The firm is engaged in mild steel tubes and pipes, ranging from galvanized pipes to welded black tubes/pipes which find application in the domestic, agriculture and the industrial sector. The firm provides customers with an option to primer paint the pipes for protection during storage and handling. The Company’s manufacturing facility is located at Raigarh in the state of Maharashtra, India.
Vibhor Steel Tubes Ltd is a IN-based company operating in industry. The company is headquartered in Hisar, Haryana. The company went IPO on 2024-02-20. Vibhor Steel Tubes Ltd is an India-based company, which is a manufacturer of steel tubes and pipes. The Company’s product categories include electric resistance welded (ERW) black pipes, hot dipped galvanized pipes, hollow section tubes, primer painted, and crash barrier. The company provides a range of options for ERW black pipes, such as wall thickness, diameters and finishes depending on the requirements of the end-users. The company manufactures hollow structural sections (HSS) pipes with a coating of anti-rust oil inside and outside to ensure a safe delivery to end customers. The firm is engaged in mild steel tubes and pipes, ranging from galvanized pipes to welded black tubes/pipes which find application in the domestic, agriculture and the industrial sector. The firm provides customers with an option to primer paint the pipes for protection during storage and handling. The Company’s manufacturing facility is located at Raigarh in the state of Maharashtra, India.
New Plant Operational: The Jharsuguda plant is now operational, having overcome electricity and commissioning hurdles, with initial products already manufactured and tested.
CapEx Update: The new Jharsuguda plant involved a CapEx of INR 120 crores and has an installed capacity similar to the company’s Maharashtra and Telangana units (100,000–120,000 tonnes per annum).
Market Expansion: Management is focused on capturing market share in the Northeast and new regions, leveraging the new plant to expand presence in Odisha, West Bengal, Raipur, and surrounding areas.
Stable Margins & Demand: Raw material prices have stabilized and demand remains steady, leading management to expect a healthy year for margins and turnover.
Strategic Focus: Company does not plan to enter new business verticals like pre-engineered buildings at present; instead, focus remains on consolidating current market expansion.