Tube Investments of India Limited: A Comprehensive Analysis

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Tube Investments of India Limited: A Comprehensive Analysis

Introduction

Tube Investments of India Limited (TIIL) is a diverse engineering company established to meet the growing demand for specialized industrial products. In this blog post, we will provide an in-depth look at the company, when its IPO was launched, its stock performance, products, financial details, and the value of a typical investment over the past five years.

IPO Launch Details

Tube Investments of India Limited launched its Initial Public Offering (IPO) on September 22, 2020. The IPO was highly anticipated, drawing significant attention from both retail and institutional investors due to the company’s robust operational history and diverse product lineup.

IPO Price

The IPO was priced at ₹537 per share. Investors showed immense confidence, leading to an oversubscription of the offering, which underscored the strong market sentiment towards the company.

Current Share Price

As of today, the current share price of Tube Investments of India Limited stands at approximately ₹1240. The remarkable growth in the stock price reflects the company’s robust business performance and growth trajectory.

Product Range

Tube Investments of India Limited offers a wide range of products, catering to various industrial needs:

  • Engineering Services
  • Cycles and Accessories
  • Metal Formed Products
  • Chains for Automotive and Industrial Applications
  • Tube Products

Company Financial Details

Year Revenue (₹ Crore) Net Profit (₹ Crore) EBITDA (₹ Crore)
2018 5,923 312 746
2019 6,200 348 789
2020 5,784 328 764
2021 4,989 272 708
2022 7,150 510 965

Investment Growth

Let’s examine an instance where an investor put ₹10,000 into Tube Investments of India Limited five years ago. Assume the share price five years ago was around ₹350. Thus, the investor would have acquired approximately 28.57 shares (₹10,000/₹350 per share).

Considering the current share price is ₹1240, the value of those 28.57 shares today would be:

Investment Value = 28.57 shares * ₹1240 = ₹35,418.80

Hence, a ₹10,000 investment made five years ago would now be worth approximately ₹35,418.80, demonstrating significant growth and proving the potential of long-term investments in strong companies like Tube Investments of India Limited.

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