Sambhv Steel Tubes IPO Subscribed overall 30.33 times on the last day, while the retail quota was subscribed 8.56 times, QIB was subscribed 66.36 times, and NII quota subscribed by 33.88 times respectively.
Details About Sambhv Steel Tubes IPO
Sambhv Steel Tubes got approval from SEBI for an IPO of ₹540 crores to raise funds and maintain financial stability. In this IPO, 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.
Moreover, the company has set up a price band between ₹77 to ₹82 per share. In this IPO total of 182 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 2366 shares in 13 lot sizes, while S-HNI (Min) total of 2,548 shares in 14 lot sizes. BHNI (Min) 12,376 shares 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.
- B-HNI (B-HNI): Minimum investment of ₹10,14,832.
Subscription Duration of Sambhv Steel Tubes IPO
The Sambhv Steel Tubes IPO subscription opening date was June 25, 2025, and close on June 27, 2025. The Sambhv Steel Tubes IPO allotment was finalized on June 30, 2025, and the IPO listing is on July 2, 2025.
Funds Deployment of This Company
- Pre-payment or scheduled repayment of a portion of certain outstanding borrowings availed by our Company; and
- General corporate purposes.
About Sambhv Steel Tubes IPO
Sambhv Steel is a prominent manufacturer of electric resistance welded (ERW) steel pipes and structural tubes in India. As of March 31, 2024, its production capacity positions it to become a top-level company in the industry.
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 thickness, 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 Financial Background
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.
