Apollo TriCoat (formerly known as Best Steel Logistics) became a part of Sudesh Group of Companies, India’s leading steel pipes and tube manufacturer in 2018. It aims to rev-up the steel tubes and pipe manufacturing industry with its high-quality products.
- April 2018
Best Steel Logistics changed to Apollo TriCoat.
- October 2018
Shri Lakshmi Metal Udyog Limited (SLMUL), a wholly-owned subsidiary of APL Apollo Tubes acquired 40.4% (diluted basis) stake of Apollo TriCoat
- January 2019
Through open offer and market purchases, SLMUL again acquired ~10.2% of Apollo TriCoat stakes in January 2019.
Now it owns a total of ~50.6% stake in Apollo TriCoat
- May 2019
Apollo TriCoat started the commercial production of its first two product categories namely, the In-line Galvanized (ILG) pipes and Designer Pipes at the existing Greenfield plant at Malur, Bengaluru, which has a production capacity of 150,000 tons per annum.
These have found use in various sectors like agriculture, electrical conduits and more.
- July 2019
Apollo TriCoat commenced commercial production of Door Frames at its Greenfield manufacturing facility at Dujana, Dadri, which has a total installed capacity of 50,000 MTPA.
- September 2019
Launched a new-age steel product ‘Apollo Steel Plank’
Launched designer galvanized pipes ‘Apollo Signature’