Sambhv Steel Tubes IPO Description – Sambhv Steel Tubes is a key Indian manufacturer of electric resistance welded (ERW) steel pipes and structural tubes (hollow section), with a substantial installed capacity as of 31 March 2024. Their backward integration enables the company to produce a range of finished products, including ERW black pipes and tubes, and galvanized iron (GI) pipes, using in-house manufactured intermediate products such as sponge iron, blooms/slabs, and hot rolled (HR) coils. Sambhv Steel Tubes has a unique single-location backward-integrated manufacturing facility for ERW steel pipes and tubes, covering the entire value chain.
They are also one of two companies in India capable of producing ERW steel pipes and tubes using narrow-width HR coils, and the only one with backward integration for producing these coils in-house. The company operates a manufacturing facility in Sarora (Tilda), Raipur, Chhattisgarh. Sambhv Steel Tubes plans to expand its production with a new facility in Kuthrel, Raipur, focusing on producing galvanized and stainless steel products. The company’s strategic plan targets an expansion of its finished product capacity to over 1 million tonnes within the next 4-5 years.
As of 31 December 2024, Sambhv Steel Tubes has a wide distribution network in India, spanning across 15 states and one union territory. The company caters to over 37 distributors and 700 dealers across the country. They also have a network of over 2,000 retailers and 10,000 fabricators.
Promoters of Sambhv Steel Tubes – Brijlal Goyal, Suresh Kumar Goyal, Vikas Kumar Goyal, Sheetal Goyal, Shashank Goyal, and Rohit Goyal
Table of Contents
Sambhv Steel Tubes IPO Details
| Sambhv Steel Tubes IPO Dates | 25 – 27 June 2025 |
| Sambhv Steel Tubes Issue Price | INR 77 – 82 per share |
| Employee Quota | 3,42,465 shares; INR 4 per share discount |
| Fresh issue | INR 440 crore |
| Offer For Sale | INR 100 crore |
| Total IPO size | INR 540 crore |
| Minimum bid (lot size) | 182 shares (INR 14,924) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Sambhv Steel Tubes Financial Performance
| FY 2022* | FY 2023* | FY 2024* | 9M FY 2025 | |
| Revenue | 819.35 | 937.22 | 1,285.76 | 1,016.09 |
| Expenses | 724.08 | 857.89 | 1,178.61 | 963.10 |
| Net income | 72.11 | 60.38 | 82.44 | 40.69 |
| Margin (%) | 8.80 | 6.44 | 6.41 | 4.00 |
* All Standalone Data
Sambhv Steel Tubes Offer News
- Sambhv Steel Tubes RHP
- Sambhv Steel Tubes DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Sambhv Steel Tubes Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre-Issue) | FY 2025 (Post-Issue)* | |
| EPS | 2.99 | 2.51 | 3.42 | 1.84 |
| PE Ratio | – | – | 22.51 – 23.97 | 41.82 – 44.53 |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 63.65 | 33.57 | 25.42 |
| NAV | 6.20 | 8.73 | 18.19 |
| ROCE (%) | 28.90 | 20.20 | 17.66 |
| EBITDA (%) | 15.20 | 12.52 | 12.43 |
| Debt/Equity | 1.62 | 1.35 | 0.80 |
Sambhv Steel Tubes IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 1 July 2025 | 13 | – | 1,400 |
| 30 June 2025 | 13 | – | 1,400 |
| 28 June 2025 | 13 | – | 1,400 |
| 27 June 2025 | 11 | – | 1,400 |
| 26 June 2025 | 8 | – | 1,200 |
| 25 June 2025 | 8 | – | 1,200 |
| 24 June 2025 | 8 | – | 1,200 |
| 23 June 2025 | 8 | – | 1,300 |
| 21 June 2025 | 10 | – | 1,500 |
Sambhv Steel Tubes IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Pre-payment or scheduled repayment of a portion of certain outstanding borrowings availed by the company – INR 390 crore
- General corporate purposes
Sambhv Steel Tubes IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered | 1,39,61,038 | 1,04,70,779 | 2,44,31,818 | 3,42,465 | 4,92,06,100 |
| 27 Jun 2025 | 62.32 | 31.82 | 7.98 | 5.34 | 28.46 |
| 26 Jun 2025 | 0.61 | 3.12 | 1.84 | 1.52 | 1.76 |
| 25 Jun 2025 | 0.00 | 0.68 | 0.57 | 0.59 | 0.43 |
1,96,64,633 shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
Sambhv Steel Tubes – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Sambhv Steel Tubes | 22.51 – 23.97 | 3.42 | 25.42 | 18.19 | 1,285.76 |
| APL Apollo Tubes | 68.52 | 26.40 | 22.21 | 129.60 | 18,118.80 |
| Hariom Pipes | 21.15 | 18.34 | 13.56 | 160.50 | 1,153.19 |
| Hi-Tech Pipes | 35.52 | 2.69 | 8.90 | 38.20 | 2,699.29 |
Sambhv Steel Tubes IPO Allotment Status
Sambhv Steel Tubes IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Sambhv Steel Tubes IPO Dates & Listing Performance
| IPO Opening Date | 25 June 2025 |
| IPO Closing Date | 27 June 2025 |
| Finalization of Basis of Allotment | 30 June 2025 |
| Initiation of refunds | 1 July 2025 |
| Transfer of shares to demat accounts | 1 July 2025 |
| Sambhv Steel Tubes IPO Listing Date | 2 July 2025 |
| Opening Price on NSE | INR 110 per share (up 34.15%) |
| Closing Price on NSE | INR 97.59 per share (up 19.01%) |
Sambhv Steel Tubes IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Antique Stock Broking –
Ajcon Global –
Arihant Capital –
Axis Capital – Not rated
Bajaj Broking – Subscribe for long term
BP Wealth – Subscribe
Capital Market – Neutral
Canara Bank Securities – Subscribe
Choice Broking – Subscribe for long term
Dalal & Broacha –
Elara Capital –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital – Avoid
Hem Securities –
Hensex Securities –
HDFC Securities –
ICICIdirect –
IDBI Capital –
Investmentz –
Indsec Securities –
Jainam Broking – Subscribe for long term
Kunvarji Wealth – Subscribe for long term
LKP Research –
Marwadi Financial – Subscribe
Motilal Oswal –
Mehta Equities –
Nirmal Bang –
Reliance Securities –
Sushil Finance –
Samco Securities – Subscribe for long term
SBI Securities – Subscribe for long term Investment Horizon
SMC Global – 2/5
SMIFS –
Systematix Research –
Swastika Investmart –
Ventura Securities – Subscribe
Sambhv Steel Tubes Offer Lead Manager
NUVAMA WEALTH MANAGEMENT LIMITED
801-804, Wing A, Building No 3, Inspire BKC,
G Block, Bandra Kurla Complex, Bandra East,
Mumbai – 400 051
Phone: +91 22 4009 4400
Email: [email protected]
Website: www.nuvama.com
Sambhv Steel Tubes Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Sambhv Steel Tubes Contact Details
SAMBHV STEEL TUBES LIMITED
Office No. 501 to 511, Harshit Corporate,
Amanaka, Raipur 492 001, Chhattisgarh, India
Phone: +91 771 2222 360
Email: [email protected]
Website: www.sambhv.com
Sambhv Steel Tubes IPO FAQs
How many shares in Sambhv Steel Tubes IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Sambhv Steel Tubes Public Offer?
The best way to apply for Sambhv Steel Tubes public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Sambhv Steel Tubes IPO GMP today?
Sambhv Steel Tubes IPO GMP today is INR 13 per share.
What is Sambhv Steel Tubes kostak rate today?
Sambhv Steel Tubes kostak rate today is INR NA per application.
What is Sambhv Steel Tubes Subject to Sauda rate today?
Sambhv Steel Tubes Subject to Sauda rate today is INR 1,400 per application.