The company was incorporated as Potential Investments and Finance Limited under the provisions of the Companies Act, 1956 vide certification of incorporation dated January 12,1983, in Delhi. Certification of Commencement of Business was issued by Registrar of Companies, NCT of Delhi & Haryana on 25th February,1983.The Corporate Identification Number of the Company is L67120DL1983PLC14972.
Key Events and Milestones.
2010 The Company started business of Iron ore which was closed in 2011 because of govt.polices.
2013 The Company started the business of trading of iron and steel products and in the 4 months as on 31.3.14 achieved turnover around of Rs.50 crore with suitable profits.
2014
-The equity shares of Potential Investments & Finance Ltd are listed and admitted to dealings on the Exchange in the list of T Group Securities.
2018
-Best Steel Logistics changed to Apollo TriCoat.
2019
-'Apollo Tricoat commences commercial production of Door Frames with advanced Italian Technology at manufacturing facility at Dujana, Uttar Pradesh'.
-'Apollo Tricoat commences commercial production of Tricoat Tubes with advanced Galvant technology at manufacturing facility at Malur'.
-Launched a new-age steel product 'Apollo Steel Plank'.
-Launched designer galvanized pipes 'Apollo Signature'.
2018
-Company name has changed to Apollo TriCoat Tubes Ltd. from Best Steel Logistics Ltd..
2019
- Apollo TriCoat Tubes starts production of advanced technology Door Frames at Dujana, UP
2021
-Apollo TriCoat Tube has recommended the issue of Bonus Shares in the ratio of 1:1.
2022
Approval of the Scheme of Amalgamation and Arrangement between Shri Lakshmi Metal Udyog Limited, Apollo Tricoat Tubes Limited and APL Apollo Tubes Limited.
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