Sambhv Steel Tubes IPO
GMP, Subscription, Price, Dates & Financial Details
Sambhv Steel Tubes Limited is a prominent Indian manufacturer specializing in Electric Resistance Welded (ERW) steel pipes and structural tubes (hollow sections). As of March 31, 2024, the company operates a fully backward-integrated, single-location manufacturing facility in Sarora (Tilda),…
Open Date
Wed, 25 Jun 2025
Close Date
Fri, 27 Jun 2025
Price Band
₹ 77 – 82
Lot Size
182
Issue Size
₹ 540.00 Cr
Minimum Investment
₹ 14,924 (182 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Sambhv Steel Tubes IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹540.00 Crore, comprising a fresh issue of 5.37 Crore equity shares aggregating to ₹440.00 Crore and an offer for sale (OFS) of 1.22 Crore equity shares aggregating to ₹100.00 Crore by the existing shareholders.
The Sambhv Steel Tubes IPO remained open for subscription from June 25, 2025, to June 27, 2025. The basis of allotment was finalized on June 30, 2025, and the company's shares were listed on the NSE and BSE on July 02, 2025.
The company had fixed the price band at ₹77 to ₹82 per share, with a lot size of 182 shares. Retail investors were required to make a minimum investment of ₹14,924 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 320,513 equity shares for eligible employees, who received a discount of ₹4 per share.
KFin Technologies Limited served as the registrar to the issue. Nuvama Wealth Management Limited, and Motilal Oswal Investment Advisors Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Sambhv Steel Tubes Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Sambhv Steel Tubes IPO Timeline (Tentative)
- IPO Open Date
- Wed, 25 Jun 25
- IPO Close Date
- Fri, 27 Jun 25
- Basis of Allotment
- Mon, 30 Jun 25
- Initiation of Refunds
- Tue, 01 Jul 25
- Credit of Shares to Demat
- Tue, 01 Jul 25
- Listing Date
- Wed, 02 Jul 25 — NSE & BSE
Open Date
25 June 2025
Close Date
27 June 2025
Basis Of Allotment
30 June 2025
Listing Date
02 July 2025
IPO Subscription
Check Live Subscription →The Sambhv Steel Tubes IPO has received bids for 1,40,02,52,308 shares against 4,92,06,100 shares offered, resulting in an overall subscription of 28.46x. the NII category is subscribed 31.82x, Retail Investors 7.99x, Employees 5.34x, and QIBs 62.32x. Within the NII category, BNII is subscribed 33.64x, while SNII is subscribed 28.18x.
QIB
62.32x
NII
31.82x
BNII
33.64x
SNII
28.18x
RII
7.99x
EMP
5.34x
Total
28.46x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 2,29,42,073 shares, representing 26.85% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,24,39,023 shares (61.31%), while Non-Institutional Investors (NIIs) receive 98,32,917 shares (11.5%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 52,439,023 | 61.31% |
| Non-Institutional | 9,832,917 | 11.5% |
| BNII | 6,554,878 | 7.66% |
| SNII | 3,277,439 | 3.83% |
| Retail Investors | 22,942,073 | 26.85% |
| Employees | 320,513 | 0.37% |
| Total | 85,533,926 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 1411.82 | 940.13 | 552.14 | 458.51 |
| Revenue | 1018.81 | 1289.38 | 939 | 820.75 |
| Profit After Tax | 40.69 | 82.44 | 60.38 | 72.11 |
| Net Worth | 478.46 | 438.28 | 210.4 | 149.3 |
| Reserve & Surplus | 0 | 197.28 | 190.31 | 129.21 |
| Total Borrowings | 619.15 | 346.88 | 282.77 | 241.29 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Sambhv Steel Tubes Limited KPI Information
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 25.42 |
| ROCE % | 17.66 |
| Debt / Equity | 0.8 |
| RoNW % | 25.42 |
| Pat Margin % | 11.43 |
Peers Comparison
No Peer Comparision Available
About Sambhv Steel Tubes Limited
Sambhv Steel Tubes Limited is a prominent Indian manufacturer specializing in Electric Resistance Welded (ERW) steel pipes and structural tubes (hollow sections). As of March 31, 2024, the company operates a fully backward-integrated, single-location manufacturing facility in Sarora (Tilda), Raipur, Chhattisgarh, which spans the entire value chain—from sourcing raw materials to producing finished products such as ERW black pipes, galvanized iron (GI) pipes, and structural tubes.
Sambhv distinguishes itself as one of only two companies in India capable of manufacturing ERW steel pipes using narrow-width hot rolled (HR) coils, and the only one with in-house backward integration for these coils, starting from sponge iron production to HR coil processing.
The company sources iron ore from a “Navratna” PSU mining firm and coal from a “Maharatna” PSU's high-output subsidiary, with coal mines located just 250 km from its facility—enhancing cost and logistics efficiency.
Expansion Plans
Sambhv is planning a major expansion with a new manufacturing facility at Kuthrel, Raipur, aimed at producing galvanized and stainless steel products. Over the next 4–5 years, the company targets scaling its finished product capacity to over 1 million tonnes annually.
Distribution Network
As of December 31, 2024, the company has built an extensive distribution network across 15 states and 1 union territory, serving:
- 37+ distributors
- 700+ dealers
- 2,000+ retailers
- 10,000+ fabricators
The company has a strong presence in key markets including Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh, and Telangana. Its sales and marketing team consisted of 23 professionals as of July 31, 2024.
Product Portfolio
- Sponge Iron: Used in the production of crude steel (blooms/slabs).
- Blooms/Slabs (Mild & Stainless Steel): Serve as intermediate inputs for long and flat steel products.
- Narrow-width HR Coils (Mild & Stainless Steel): Primarily used in-house for ERW pipe production; also sold to other manufacturers.
- GI Pipes: Supplied to distributors and directly to end users, including government projects.
Competitive Strengths
- India’s only single-location, fully backward-integrated ERW pipe facility
- Strategic plant location providing cost and logistics advantages
- Proven process innovation and execution capabilities
- Extensive, well-connected national distribution network
- Strong positioning to meet rising demand for quality steel pipes
- Experienced promoters and management team
- Consistent track record of financial performance
Sambhv Steel Tubes IPO Promoters
- Brijlal Goyal
- Suresh Kumar Goyal
- Vikas Kumar Goyal
- Sheetal Goyal
- Shashank Goyal
- Rohit Goyal
Promoters Holding
Holding Pre Issue
71.90%
Holding Post Issue
56.14%
Sambhv Steel Tubes IPO Objective
The Company Sambhv Steel Tubes IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company
- General corporate purposes.
Sambhv Steel Tubes Limited Address / Contact Details
Sambhv Steel Tubes Limited
Office No. 501 to 511,
Harshit Corporate,
Amanaka Raipur
Chhattisgarh, 492001
Phone: +91 771 2222 360
Email: cs@sambhv.com
Website: http://www.sambhv.com/
IPO Snapshot
Sambhv Steel Tubes IPO Lot Size
The Sambhv Steel Tubes IPO has a lot size of 182 shares. Retail investors require a minimum investment of ₹14,924 by applying for 1 lot (182 shares). The maximum application allowed for the retail category is 13 lots (2,366 shares), requiring an investment of ₹1,94,012.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 182 | 14,924.00 |
| Retail (Max) | 13 | 2,366 | 194,012.00 |
| S-HNI (Min) | 14 | 2,548 | 208,936.00 |
| S-HNI (Max) | 67 | 12,194 | 999,908.00 |
| B-HNI (Min) | 68 | 12,376 | 1,014,832.00 |
Issue Reservation
- QIB — 61.31%
- NII — 11.5%
- RII — 26.85%
- EMP — 0.37%
Book Running Lead Managers
- Nuvama Wealth Management Limited
- Motilal Oswal Investment Advisors Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Sambhv Steel Tubes IPO?
Sambhv Steel Tubes IPO is a Book-building IPO with a total issue size of ₹540 crore. The Sambhv Steel Tubes IPO price band is ₹77 to 82 per share. The Sambhv Steel Tubes IPO subscription opens on Wed, Jun 25, 2025, and closes on Fri, Jun 27, 2025. The Sambhv Steel Tubes IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Sambhv Steel Tubes IPO.
When will the Sambhv Steel Tubes IPO open for subscription?
The Sambhv Steel Tubes IPO opens on Wed, Jun 25, 2025 and closes on Fri, Jun 27, 2025
What is Sambhv Steel Tubes IPO Price Band?
Sambhv Steel Tubes IPO Price Band is ₹77 to 82 per share.
What is Sambhv Steel Tubes IPO Lot Size?
Sambhv Steel Tubes IPO lot size is 182 shares, Retail investors need a minimum investment of ₹14924 based on the upper price band
What is the minimum investment for Sambhv Steel Tubes IPO?
The minimum investment for Sambhv Steel Tubes IPO is ₹14924, based on one lot of 182 shares at the upper price band of ₹82 per share.
How to apply for Sambhv Steel Tubes IPO?
Investors can apply for the Sambhv Steel Tubes IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jun 27, 2025. The application amount remains blocked until the Sambhv Steel Tubes IPO allotment is finalized.
What is Sambhv Steel Tubes IPO Issue Size?
Sambhv Steel Tubes IPO issue size is ₹540 crores.
What is the Sambhv Steel Tubes IPO Allotment Date?
Sambhv Steel Tubes IPO allotment date is Mon, Jun 30, 2025.
Who is the Sambhv Steel Tubes IPO Registrar?
The registrar for Sambhv Steel Tubes IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Sambhv Steel Tubes IPO allotment status, refund processing, and other IPO-related information.
What is the Sambhv Steel Tubes IPO GMP?
The Sambhv Steel Tubes IPO GMP (Grey Market Premium) is ₹14 as of Wed, Jul 2, 2025. Based on the upper price band of ₹82 per share, the estimated Sambhv Steel Tubes IPO listing price is ₹96, indicating a potential listing gain of approximately 17.07% over the issue price.
Who is the Sambhv Steel Tubes IPO Lead Manager?
The book-running lead managers (BRLMs) for the Sambhv Steel Tubes IPO are Nuvama Wealth Management Limited, and Motilal Oswal Investment Advisors Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Sambhv Steel Tubes IPO Red Herring Prospectus (RHP).