Sambhv Steel Tubes IPO subscription started on Wednesday, June 25, 2025, and will close on June 27, 2025, as per the schedule. The price band is ā¹77 to ā¹82 per share with a face value of ā¹10 each.Ā Ā
Sambhv Steel Tubes IPO Subscription StatusĀ
Sambhv Steel Tubes IPO subscribed over 0.41x on its First day till 05.00 PM on 25th June 2025.Ā
- Sambhv Steel Tubes IPO subscription QIB investors portion is 0.16x times, while NII subscribed 0.73x times and RII investors subscribed 0.61x times.
- The company has received bids for 2,67,60,916 shares against 6,58,69,293 shares on offer on the First day.Ā
- Sambhv Steel Tubes IPO subscribed over 0.41x on day 1.
About Sambhv Steel Tubes IPOĀ
Sambhv Steel is one of the leading companies in terms of manufacturing electric resistance welded (ERW) steel pipes and structural tubes in India, and its installation capacity as of March 31, 2024, can be measured to become a top-tier company.
As of March 31, 2024, and March 31, 2025, their total production capacity for high-quality steel products was 1,122,400 MTPA and 1,698,000 MTPA, respectively. Moreover, 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 consumerās 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 Company Financial Report
The company reported revenue of ā¹1,289.38 crores in 2024 against ā¹939.00 crores in 2023. The company reported a profit of ā¹82.44 crores in 2024 against a profit of ā¹60.38 crores in 2023.
Sambhv Steel Tubes IPO GMP:
Sambhv Steel Tubes IPO GMP was ā¹6 as of Wednesday, 25th June. That indicates the IPO is trading at ā¹88 with a ā¹6 premium in the grey market against the issue price of ā¹82.
