Sambhv Steel Tubes IPO Details
The Sambhv Steel Tubes IPO is a book build issue with a total issue size of ₹540 cr, comprising of fresh issue of 53658536 equity shares., and a offer for sale of 12195121 equity shares. Sambhv Steel Tubes IPO opened for subscription on Jun 25, 2025 and closed on Jun 27, 2025. Sambhv Steel Tubes IPO is set price band at ₹77 to ₹82 per share, with a lot size of 182 shares. Minimum investment for Retail investors was ₹14,924.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 30, 2025, and listed on both the NSE and BSE on Jul 02, 2025.
Kfin Technologies Limited has been appointed as the registrar. Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Sambhv Steel Tubes IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 77 – 82
- Lot Size
- 182
- Issue Size
- ₹540 Cr
- Minimum Investment
- ₹14924 (182 Shares)
- Listing Date
- 02 July 2025
Current GMP
₹14 (+17.07%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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.
Address / Contact Info
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
Book Running Lead Managers
- Nuvama Wealth Management Limited
- Motilal Oswal Investment Advisors Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an 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.
The Sambhv Steel Tubes IPO opens on Wed, Jun 25, 2025 and closes on Fri, Jun 27, 2025
Sambhv Steel Tubes IPO Price Band is ₹77 to 82 per share.
Sambhv Steel Tubes IPO lot size is 182 shares, Retail investors need a minimum investment of ₹14924 based on the upper price band
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.
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.
Sambhv Steel Tubes IPO issue size is ₹540 crores.
Sambhv Steel Tubes IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.