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Sambhv Steel Tubes IPO is a book build issue of ₹540.00 crores. The issue is a combination of fresh issue of 5.37 crore shares aggregating to ₹440.02 crores and offer for sale of 1.22 crore shares aggregating to ₹99.98 crores.
Sambhv Steel Tubes IPO bidding started from Jun 25, 2025 and ended on Jun 27, 2025. The allotment for Sambhv Steel Tubes IPO was finalized on Jun 30, 2025. The shares got listed on BSE, NSE on Jul 2, 2025.
Sambhv Steel Tubes IPO price band is set at ₹82.00 per share . The lot size for an application is 182. The minimum amount of investment required by an retail is ₹14,924 (182 shares) (based on upper price). The lot size investment for sNII is 14 lots (2,548 shares), amounting to ₹2,08,936, and for bNII, it is 68 lots (12,376 shares), amounting to ₹10,14,832.
The issue includes a reservation of up to 3,20,512 shares for employees offered at a discount of ₹4.00 to the issue price.
Nuvama Wealth Management Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Sambhv Steel Tubes IPO RHP for detailed Information.
| IPO Date | June 25, 2025 to June 27, 2025 |
| Listing Date | July 2, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹77 to ₹82 per share |
| Issue Price Final | ₹82 per share |
| Lot Size | 182 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 6,58,64,549 shares (aggregating up to ₹540.00 Cr) |
| Fresh Issue | 5,36,69,429 shares (aggregating up to ₹440.02 Cr) |
| Offer for Sale | 1,21,95,120 shares of ₹10 (aggregating up to ₹99.98 Cr) |
| Employee Discount | ₹4.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 24,10,02,000 shares |
| Share Holding Post Issue | 29,46,71,429 shares |
Sambhv Steel Tubes IPO offers total 6,58,69,291 shares. Out of which 3,27,74,389 (49.76%) allocated to QIB, 1,31,09,756 (19.90%) allocated to QIB (Ex- Anchor), 98,32,317 (14.93%) allocated to NII, 2,29,42,073 (34.83%) allocated to RII and 1,96,64,633 (29.85%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 3,27,74,389 (49.76%) | NA |
| − Anchor Investor Shares Offered | 1,96,64,633 (29.85%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 1,31,09,756 (19.90%) | NA |
| NII (HNI) Shares Offered | 98,32,317 (14.93%) | NA |
| − bNII > ₹10L | 65,54,878 (9.95%) | 2,572 |
| − sNII < ₹10L | 32,77,439 (4.98%) | 1,286 |
| Retail Shares Offered | 2,29,42,073 (34.83%) | 1,26,055 |
| Employee Shares Offered | 3,20,512 (0.49%) | NA |
| Total Shares Offered | 6,58,69,291 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 5 Lakhs | Yes |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Sambhv Steel Tubes IPO raises ₹161.25 crore from anchor investors. Sambhv Steel Tubes IPO Anchor bid date is June 24, 2025. Sambhv Steel Tubes IPO Anchor Investors list
| Bid Date | June 24, 2025 |
| Shares Offered | 1,96,64,633 |
| Anchor Portion Size (In Cr.) | 161.25 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 29, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | September 27, 2025 |
Sambhv Steel Tubes IPO opens on June 25, 2025, and closes on June 27, 2025.
| IPO Open Date | Wed, Jun 25, 2025 |
| IPO Close Date | Fri, Jun 27, 2025 |
| Tentative Allotment | Mon, Jun 30, 2025 |
| Initiation of Refunds | Tue, Jul 1, 2025 |
| Credit of Shares to Demat | Tue, Jul 1, 2025 |
| Tentative Listing Date | Wed, Jul 2, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jun 27, 2025 |
Investors can bid for a minimum of 182 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 182 | ₹14,924 |
| Retail (Max) | 13 | 2,366 | ₹1,94,012 |
| S-HNI (Min) | 14 | 2,548 | ₹2,08,936 |
| S-HNI (Max) | 67 | 12,194 | ₹9,99,908 |
| B-HNI (Min) | 68 | 12,376 | ₹10,14,832 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2017, Sambhv Steel Tubes Limited is a manufacturer of electric resistance welded (“ERW”) steel pipes and structural tubes (hollow section) in India. The company's manufacturing facility is located in Village - Sarora, Tehsil Tilda, Raipur (“Sarora (Tilda) Facility”) in the mineral-rich state of Chhattisgarh.
The company's iron ore is sourced from “Navratna” public sector undertaking (“PSU”) mining company’s mines and coal from a “Maharatna” PSU through one of its highest coal producing subsidiary whose mines are Asia’s largest coal mines and are merely 250 kilometres from our Sarora (Tilda) Facility.
As of March 31, 2024, The company has have a wide distribution network in India which extends across 15 states and one union territory as of December 31, 2024.
The company has a widespread presence in the Indian states of Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana.
Sambhv Steel Tubes Limited's sales and marketing team comprises 23 personnel, as of July 31, 2024.
Products:
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,411.82 | 940.13 | 552.14 | 458.51 |
| Total Income | 1,018.81 | 1,289.38 | 939.00 | 820.75 |
| Profit After Tax | 40.69 | 82.44 | 60.38 | 72.11 |
| EBITDA | 106.37 | 159.87 | 117.30 | 124.52 |
| Net Worth | 478.46 | 438.28 | 210.40 | 149.30 |
| Reserves and Surplus | 197.28 | 190.31 | 129.21 | |
| Total Borrowing | 619.15 | 346.88 | 282.77 | 241.29 |
| Amount in ₹ Crore | ||||
The market capitalization of Sambhv Steel Tubes IPO is ₹2416.22 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 25.42% |
| ROCE | 17.66% |
| Debt/Equity | 0.80 |
| RoNW | 25.42% |
| PAT Margin | 6.41% |
| EBITDA Margin | 12.43% |
| Price to Book Value | 4.51 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 3.42 | 1.84 |
| P/E (x) | 23.97 | 44.54 |
The Company Sambhv Steel Tubes IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company; and | 390.00 |
| 2 | General corporate purposes. | 22.46 |
[Dilip Davda] SSTL is one of the key manufacturers of ERW steel pipes and related products with vase variety. The company specializes in some variety of steel pipes and tubes. It posted steady growth in its top and bottom lines for the last three fiscals. Its major expansion plans have gone on stream and will bring additions to its revenue and profits in coming years. Based on its recent financial data, the issue appears fully priced. Though prima facie it appears fully priced issue, Investors may park funds for medium to long term. Read detail review...
Financial data as of December 31, 2024, has been sourced from the consolidated financial statement.
| Listing Date | July 2, 2025 |
| BSE Script Code | 544430 |
| NSE Symbol | SAMBHV |
| ISIN | INE12NJ01018 |
| Final Issue Price | ₹82 per share |
| NSE Listing Group | EQ (Rolling) |
| BSE Listing Group | B |
Sambhv Steel Tubes Ltd.
Office No. 501 to 511,
Harshit Corporate,
Amanaka
Raipur, Chhattisgarh, 492001
Phone: +91 771 2222 360
Email: cs@sambhv.com
Website: http://www.sambhv.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: sstl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Sambhv Steel Tubes IPO is a main-board IPO of 6,58,64,549 equity shares of the face value of ₹10 aggregating up to ₹540.00 Crores. The issue is priced at ₹82 per share. The minimum order quantity is 182.
The IPO opens on June 25, 2025, and closes on June 27, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sambhv Steel Tubes IPO using UPI as a payment gateway. Zerodha customers can apply in Sambhv Steel Tubes IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sambhv Steel Tubes IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sambhv Steel Tubes IPO opens on June 25, 2025 and closes on June 27, 2025.
Sambhv Steel Tubes IPO lot size is 182, and the minimum amount required for application is ₹14,924.
You can apply in Sambhv Steel Tubes IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sambhv Steel Tubes IPO will be done on Monday, June 30, 2025, and the allotted shares will be credited to your demat account by Tuesday, July 1, 2025. Check the Sambhv Steel Tubes IPO allotment status.
The Sambhv Steel Tubes IPO listing date is on Wednesday, July 2, 2025.
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