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 ₹77 to ₹82 per share with a face value of ₹10 each.
Sambhv Steel Tubes IPO Subscription Status
Sambhv Steel Tubes IPO subscribed over 1.27x on its Second day till 05.00 PM on 26th June 2025.
- Sambhv Steel Tubes IPO subscription QIB investors portion is 0.17x times, while NII subscribed 3.32x times and RII investors subscribed 1.96x times.
- The company has received bids for 8,36,22,084 shares against 6,58,69,293 shares on offer on the Second day.
- Sambhv Steel Tubes IPO subscribed over 1.27x on day 2.
- Sambhv Steel Tubes IPO subscribed over 0.41x on day 1.
About Sambhv Steel Tubes IPO
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 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 Company Financial Report
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 GMP:
Sambhv Steel Tubes IPO GMP was ₹11 as of Thursday, 26th June. That indicates the IPO is trading at ₹99 with a ₹11 premium in the grey market against the issue price of ₹82.
