As an investor, deciding whether the IPO is Good or Bad to invest in can often be challenging. If you are confused and worried about whether to Apply or Not the Sambhv Steel Tubes IPO. Then worry not, here we are describing 10 important key points & an in-depth, detailed Sambhv Steel Tubes IPO review which will help you to make the decision.
Strengths and Weaknesses of Sambhv Steel Tubes IPO
Strengths:
- Sambhv Steel Tubes is one of the only companies that produces raw materials needed for ERW (Electric Resistance Welded) steel pipes and tubes at a single location.
- Their manufacturing plants are located in key areas, allowing them to operate more efficiently and reduce costs.
- The company comprises 33 main distributors, two of which operate through 6 branches across 15 states and 2 Union territories.
- They are well-positioned to benefit from the rising demand for high-quality ERW steel pipes and tubes.
Weaknesses:
- Failing to use current or expanded manufacturing capacities can badly impact their business growth, financial performance, and cash flow.
- If there is a shortage in supply or cost of the raw materials like iron ore, coal, iron ore pellets, sponge iron, or mild steel scrap, going up can negatively impact their business, profits, cash flow, and overall financial health.
- The company mostly depends on its suppliers for various raw materials; however, the company does not have a formal signed agreement with them, meaning that if the suppliers fail to deliver those raw materials can impact the business’s financial condition and cash flow.
- Sambhv Steel Tubes mostly generates its revenue from product sales, and any drop in the demand for product sales can negatively impact the financial condition and cash flow.
- If a shortage or interruption occurs in necessary utilities like power or water can badly affect the business performance.
Sambhv Steel Tubes IPO Details
| IPO Size | ₹540 crores |
| Offer-for-sale | 1,21,95,121 equity shares |
| Fresh issue | ₹440 crores |
| Price band | ₹77 to ₹82 |
| Subscription | Opens on June 25, 2025, and the closing date is June 27, 2025 |
| Purpose of IPO | Fresh Issue and Offer-for-Sale |
Sambhv Steel Tubes IPO Open and closing dates?
Sambhv Steel Tubes IPO will be opening for subscription on June 25, 2025, and will be closed for subscription on June 27, 2025.
What is the size of the Sambhv Steel Tubes IPO?
The company planned to raise funds of around ₹540 crores via IPO. This IPO comprises a combination of a fresh issue of ₹440 crores and an Offer-for-sale up to 1,21,95,121 equity shares with a face value of ₹10 each.
What are the subscription details of the Sambhv Steel Tubes IPO?
The Sambhv Steel Tubes IPO price range is set at ₹77 to ₹82 per share. In this IPO, a total of 182 shares were available in 1 lot size for the minimum Retail category. For the maximum Retail category, 2366 shares were available in 13 lot sizes. Additionally, 2,548 shares were available in 14 lot sizes for the S-HNI Minimum category. While for the B-HNI Minimum category, 12,376 shares were available in 68 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,924 and maximum investment of ₹1,94,012.
- Small HNI (S-HNI): Minimum investment of ₹2,08,936.
- Big HSI (S-HNI): A minimum investment of ₹10,14,832 is required.
What is the Sambhv Steel Tubes IPO listing Date?
Sambhv Steel Tubes is a Mainboard IPO shares will be listed on July 2, 2025, on the BSE (Bombay Stock Exchange) & NSE (National Stock Exchange).
What are the objectives of the Sambhv Steel Tubes IPO Issue?
The proceeds raised from the fresh issue will be used for Pre-payment or scheduled repayment of a portion of certain outstanding borrowings taken by our Company. The remaining proceeds will be utilized for the company’s general corporate purposes.
About Sambhv Steel Tubes
Founded in 2017, Sambhv Steel is one of the growing companies in manufacturing electric resistance welded (ERW) steel pipes and structural tubes in India. Their total production capacity for high-quality steel products was 1,122,400 MTPA and 1,698,000 MTPA as of March 31, 2024, and March 31, 2025. Additionally, they have a larger distribution network spread across 15 states and one Union territory in India. Further, they make narrow-width HR coils, which help to produce ERW black pipes and tubes in the thicknesses, according to the consumer’s need. Their products are made to match the needs of different markets, and they are also used in many areas like housing, water supply, farming, cars, telecom, oil and gas, engineering, solar energy, fire safety, and conveyor systems.
Sambhv Steel Tubes IPO Financials
The company reported revenue of ₹1,289.38 crores in 2024 against ₹939.00 crores in 2023. The company reported a profit of ₹82.44 crores in 2024 against a profit of ₹60.38 crores in 2023.
Sambhv Steel Tubes IPO Promoters
Brijlal Goyal, Suresh Kumar Goyal, Vikas Kumar Goyal, Sheetal Goyal, Shashank Goyal, and Rohit Goyal are the promoters of the company.
Who are the lead managers and registrar of the Sambhv Steel Tubes IPO?
Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Limited are the lead managers of Sambhv Steel Tubes, while KFin Technologies Limited is the registrar of the company.
Should you Apply or not for the Sambhv Steel Tubes IPO?
Considering if whether to apply or not for the Sambhv Steel Tubes IPO mostly depends on your investment goals and risk appetite. The opening date of the Sambhv steel tubes IPO is June 25-27, 2025, intending to raise funds of ₹540 crore. Sambhv Steel is one of the leading manufacturers of electric resistance welded (“ERW”) steel pipes and structural tubes in India, with a wide distribution network in India which extends across 15 states and one union territory. If we talk about the company’s financials, in FY24, the company generated a revenue of ₹128 crore from operations. As of 24th June, the GMP of the Sambhv Steel Tubes is at ₹9, we can expect that the IPO will be open at approximately 10% premium; however, it can be changed according to the market conditions. Investors who are looking for short-term goals can apply for this IPO and potential listing gains. Investors can apply for this IPO for long-term goals if they believe in its integrated manufacturing model, rising margins, and sector growth. However, investors should be cautious about the company’s valuation and market volatility.
So, now the question is, should you apply or not for the Sambhv Steel Tubes IPO? The incredible combination of solid financial and well-defined growth strategy in offering a wide range of loan products makes Sambhv Steel Tubes an attractive choice to invest in. However, we recommend always doing a good financial background check on the company you want to invest in, and investing in it at your own risk.
