Vibhor Steel Tubes will finalise the basis of allotment of IPO shares by February 16, and will credit equity shares to the demat accounts of eligible investors by February 19
Vibhor Steel Tubes Ltd (VSTL) is setting up a new unit at Sundargarh in Odisha to scale up its total manufacturing capacity to 3.41 lakh tonne, a company official said on Wednesday. The Hisar-based steel maker presently has two plants one in Mahabubnagar, Telangana and one in Raigad, Maharashtra having a total installed capacity of 2.21 lakh tonne.