SAMBHV STEEL TUBES LIMITED

Price Band

₹ 77 - ₹ 82

Bid Lot

182 Shares

SAMBHV STEEL TUBES LIMITED

25-Jun-2025 - 27-Jun-2025

Price Band

₹ 77 - ₹ 82

Minimum Investment

₹ 14924.00

Bid Lot

182 Shares

Shares

65,548,779

  • Face Value -  Rs. 10/- Per Share
  • Lisitng at  NSE BSE
  • 126,055 Application Required in Retail for 1 Time.
  • Registrar :  KFin Technologies Limited

IPO Details

QIB
50%

(32,774,389 Shares)Rs. 268.75 CR

HNI 1
5%

(3,277,439 Shares)Rs. 26.87 CR @ 1286 FORM 1X

HNI 2
10%

(6,554,878 Shares)Rs. 53.75 CR @ 2572 FORM 1X

Retail
35%

(22,942,073 Shares)Rs. 188.12 CR @ 126055 FORM 1X

Timeline

  • 25

    Jun-2025

    Open Date

  • 27

    Jun-2025

    Close Date

  • 30

    Jun-2025

    Basis of Allotment Date

  • 01

    Jul-2025

    Initiation of Refunds

  • 01

    Jul-2025

    Credit of Shares to Demat A/C

  • 02

    Jul-2025

    IPO Listing Date

Subscription as on 27-Jun-2025 17:40

Category

Book Size

Subscription

QIB

66.36x
13,109,756

(₹107.50 Cr.)

869,984,024

(₹7133.87 Cr.)

HNI (<10 LAKH)

30.01x
3,277,439

(₹26.87 Cr.)

98,354,074

(₹806.50 Cr.)

HNI2 (>10 LAKH)

35.82x
6,554,878

(₹53.75 Cr.)

234,823,862

(₹1925.56 Cr.)

RETAIL

8.51x
22,942,073

(₹188.12 Cr.)

195,247,052

(₹1601.03 Cr.)

Total

30.48x
45,884,146
1,398,409,012

Category

Book Size

Subscription

QIB

66.36x
13,109,756

(₹107.50 Cr.)

869,984,024

(₹7133.87 Cr.)

HNI (<10 LAKH)

30.01x
3,277,439

(₹26.87 Cr.)

98,354,074

(₹806.50 Cr.)

HNI2 (>10 LAKH)

35.82x
6,554,878

(₹53.75 Cr.)

234,823,862

(₹1925.56 Cr.)

RETAIL

8.51x
22,942,073

(₹188.12 Cr.)

195,247,052

(₹1601.03 Cr.)

Total

30.48x
45,884,146
1,398,409,012

*Excluding Anchor

Total No. of Application Approx : ~1192363 (9.46 Appwise)

HNI Cost

About Company

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

The company's iron ore is sourced from “Navratna” public sector undertaking (“PSU”) mining company’s mines and coal from a “Maharatna” PSU through one of its highest coal producing subsidiary whose mines are Asia’s largest coal mines and are merely 250 kilometres from our Sarora (Tilda) Facility.

As of March 31, 2024, The company has have a wide distribution network in India which extends across 15 states and one union territory as of December 31, 2024.

The company has a widespread presence in the Indian states of Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana.

Sambhv Steel Tubes Limited's sales and marketing team comprises 23 personnel, as of July 31, 2024.

Products:

  • Sponge iron: Sponge iron is used for the manufacturing of crude steel (blooms/ slabs).
  • Blooms/ slabs (Mild steel and stainless steel): Blooms can be rolled into multiple long and flat finished products.
  • Narrow-width HR coil (mild steel and stainless steel): The majority of inhouse narrow-width HR coil to manufacture ERW black pipes and tubes. They also sell HR coils to other manufacturers who use HR coil as a raw material.
  • GI pipe: They sell GI pipes and tubes primarily to distributors and directly to various consumers, which include certain government projects.

Strengths

Competitive Strengths:

  • The only single location backwards integrated facility in India.
  • Strategically located manufacturing plants resulting in operational efficiencies.
  • Strong process innovation and execution capabilities allowing us to produce value-added products.
  • Wide-spreadwell-connected distribution network across India.
  • Well-positioned to take advantage of the growing demand for quality ERW steel pipes and tubes.
  • Experienced Promoters and management team with vast experience in the steel industry.
  • Track record of healthy financial performance.

Company Promoters

Company Financials

Period Ended 31 Dec 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 1,411.82 940.13 552.14 458.51
Revenue 1,018.81 1,289.38 939.00 820.75
Profit After Tax 40.69 82.44 60.38 72.11
EBITDA 106.37 159.87 117.30 124.52
Net Worth 478.46 438.28 210.40 149.30
Reserves and Surplus   197.28 190.31 129.21
Total Borrowing 619.15 346.88 282.77 241.29
Amount in ? Crore

Objects of the Issue

The Company Sambhv Steel Tubes IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (Rs. in crores)
1 Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company; and 390.00
2 General corporate purposes.

How to Apply

Apply for IPO in few simple steps.

  • Step 1

    Once you create your account, Login to Easy Investing.

  • Step 2

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 3

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 4

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 5

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Easy Investing, in just a few clicks your application is processed. You can bid for any IPO through Easy Investing, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on Easy Investing’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

FAQs

Frequently Ask Question