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Allotment

Sambhv Steel Tubes Limited

Sambhv Steel Tubes IPO is a book-built issue with a total size of ₹540.00 crore, comprising a fresh issue of 5.37 crore shares aggregating to ₹440.02 crore and an offer for sale of 1.22 crore shares aggregating to ₹99.98 crore.

The IPO opened for subscription on June 25, 2025, and closed on June 27, 2025. The basis of allotment was finalized on June 30, 2025, and the shares were listed on BSE and NSE on July 2, 2025.

The price band for the Sambhv Steel Tubes IPO is fixed at ₹82 per share. The lot size is 182 shares, requiring a minimum investment of ₹14,924 for retail investors (based on the upper price). For sNII investors, the minimum application size is 14 lots (2,548 shares), amounting to ₹2,08,936, while bNII investors must apply for 68 lots (12,376 shares), amounting to ₹10,14,832.

The issue also includes a reservation of up to 3,20,512 shares for employees, offered at a discount of ₹4 per share to the issue price.

Nuvama Wealth Management Ltd. is the Book Running Lead Manager, and Kfin Technologies Ltd. is the Registrar to the issue.

Sambhv Steel Tubes Limited IPO & Charts
₹82

0%

Open

₹82

HIgh - Low

₹82

Previous Close

₹82

Total Traded Value

0

52 Weeks High

₹82

52 Weeks Low

₹82

Updates On

Jun 15, 2025

IPO. Open

Jun 25, 2026

IPO. Close

Jun 27, 2026

IPO. Price

₹82.00

IPO Market price

₹2,416.22 Cr

IPO Details

IPO Date 2 Jul
IPO Listing Date 2 Jul
IPO Face Value ₹10 per share
IPO Price Range ₹82.00
IPO Issue Size 6,58,64,549 shares
IPO Sale Type Fresh Capital & OFS
Employee Discount ₹4.00
IPO Issue Type Bookbuilding IPO
IPO Listing BSE, NSE Platform
Share Holding Pre Issue 24,10,02,000 shares

IPO Timeline

IPO Open Date 25 Jun
IPO Close Date 27 Jun
IPO Allotment (Tentative) 30 Jun
Refunds 1 Jul
Credit to Demat Account 1 Jul
IPO Listing Date 2 Jul

IPO Reservation

Category Offer
QIB Shares Offered 3,27,74,389 Shares
NII (HNI) Shares Offered 98,32,317 Shares
Retail Shares Offered 2,29,42,073 Shares

IPO Lot Size

Investors can apply for a minimum of 182 shares, and bids must be made in multiples of 182 shares thereafter.

Application Lots Share Amount
Retail (Min) 1 182 ₹14,924
Retail (Max) 13 2,366 ₹1,94,012
S-HNI (Min) 14 2,548 ₹2,08,936
S-HNI (Max) 67 12,194 ₹9,99,908
B-HNI (Min) 68 12,376 ₹10,14,832
About Company

Incorporated in 2017, Sambhv Steel Tubes Limited is a manufacturer of electric resistance welded (ERW) steel pipes and structural tubes (hollow sections) in India. The company’s manufacturing facility is located at Village Sarora, Tehsil Tilda, Raipur (“Sarora (Tilda) Facility”) in the mineral-rich state of Chhattisgarh.

The company sources iron ore from a Navratna PSU mining company and coal from a Maharatna PSU through one of its subsidiaries, whose mines are Asia’s largest coal mines, located just 250 km from the Sarora (Tilda) Facility, ensuring efficient raw material supply.

As of March 31, 2024, Sambhv Steel Tubes has a wide distribution network across 15 states and one union territory (as of December 31, 2024), with significant presence in Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh, and Telangana. The company’s sales and marketing team consisted of 23 personnel as of July 31, 2024.

Products

Sponge Iron: Used for manufacturing crude steel (blooms/slabs).

Blooms/Slabs (Mild Steel and Stainless Steel): Rolled into multiple long and flat finished products.

Narrow-width HR Coil (Mild Steel and Stainless Steel): Mostly used in-house to manufacture ERW black pipes and tubes; also sold to other manufacturers as raw material.

GI Pipes: Sold primarily to distributors and directly to consumers, including certain government projects.

Competitive Strengths

Only single-location, backward-integrated facility in India

Strategically located manufacturing plants, ensuring operational efficiency

Strong process innovation and execution capabilities, enabling production of value-added products

Well-connected and widespread distribution network across India

Well-positioned to capitalize on growing demand for quality ERW steel pipes and tubes

Experienced promoters and management team with extensive industry knowledge

Proven track record of healthy financial performance

-

Company Financials (Consolidated)

Assets 1,411.82 940.13 552.14
Total Income 1,018.81 1,289.38 939
Profit After Tax 40.69 82.44 60.38
EBITDA 106.37 159.87 117.3
NET Worth 478.46 438.28 210.4
Reserves and Surplus - 197.28 190.31
Total Borrowing 619.15 346.88 282.77

Key Performance Indicator (KPI)

ROE 25.42%
ROCE 17.66%
Debt/Equity 0.8
RoNW 25.42%
PAT Margin 6.41%
EBITDA Margin 12.43%
Price to Book Value 4.51
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement -
3 To meet out the General Corporate Purposes; 22.46
4 Offer for Sale (OFS) -

Contact Details

Sambhv Steel Tubes Ltd. Address
Office No. 501 to 511,
Harshit Corporate,
Amanaka
Raipur, Chhattisgarh, 492001
+91 771 2222 360
cs@sambhv.com
http://www.sambhv.com/

Detail Registrar

IPO Registrar

Kfin Technologies Ltd.
04067162222, 04079611000
sstl.ipo@kfintech.com
https://ipostatus.kfintech.com/

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