Bookbuilding IPO | ₹540 Cr | Listed at BSE, NSE | Wed, Jun 25, 2025 - Fri, Jun 27, 2025
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 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 Open
Wed, Jun 25, 2025
IPO Close
Fri, Jun 27, 2025
Issue Price
₹82 per share
Market Cap (Pre-IPO)
₹2,416.22 Cr
| IPO Date | 25 to 27 Jun, 2025 |
| Listed on | Wed, Jul 2, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹77 to ₹82 |
| Issue Price | ₹82 per share |
| Lot Size | 182 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹4.00 |
| Total Issue Size | 6,58,64,549 shares (agg. up to ₹540 Cr) |
| Fresh Issue | 5,36,69,429 shares (agg. up to ₹440 Cr) |
| Offer for Sale | 1,21,95,120 shares of ₹10 (agg. up to ₹100 Cr) |
| Share Holding Pre Issue | 24,10,02,000 shares |
| Share Holding Post Issue | 29,46,71,429 shares |
| BSE Script Code / NSE Symbol | 544430 / SAMBHV |
| ISIN | INE12NJ01018 |
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 | Max 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%) |
Investors can bid for a minimum of 182 shares and in multiples thereof.
| 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 |
Sambhv Steel Tubes IPO raises ₹161.25 crore from anchor investors. Sambhv Steel Tubes IPO Anchor bid date is June 24, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Jun 24, 2025 |
| Shares Offered | 1,96,64,633 |
| Anchor Portion (₹ Cr.) | 161.25 |
| Anchor lock-in period end date for 50% shares (30 Days) | Tue, Jul 29, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sat, Sep 27, 2025 |
| 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 |
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 Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| KPI | Mar 31, 2024 |
|---|---|
| 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 (₹) | 3.42 | 1.84 |
| P/E (x) | 23.97 | 44.54 |
| Promoter Holding | 71.9% | 57.4% |
| Market Cap | ₹2,416.22 Cr. |
The Sambhv Steel Tubes IPO is subscribed 30.33 times on June 27, 2025 5:05:10 PM (Day 3). The public issue subscribed 8.56 times in the retail category, 66.36 times in the QIB category, and 33.88 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB (Ex Anchor) | 66.36 | 1,31,09,755 | 86,99,84,024 |
| NII | 33.88 | 98,32,917 | 33,31,75,388 |
| bNII (> ₹10L) | 35.82 | 65,54,878 | 23,48,23,862 |
| sNII (< ₹10L) | 30.01 | 32,77,439 | 9,83,51,526 |
| Retail | 8.56 | 2,29,42,073 | 19,63,29,042 |
| Employee | 5.71 | 3,20,513 | 18,31,466 |
| Total | 30.33 | 4,62,04,657 | 1,40,13,19,920 |
Total Applications: 12,15,738
Financial data as of December 31, 2024, has been sourced from the consolidated financial statement.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission) | 20.09 |
| 2 | Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to Sponsor Banks for Bids made by RIBs | 0.10 |
| 3 | Brokerage and selling commission and bidding/uploading charges payable to members of the Syndicate (including their Sub‑Syndicate Members), RTAs, CDPs and Registered Brokers | 0.59 |
| 4 | Fees payable to Registrar of the Offer | |
| 5 | Fees payable to other parties, including but not limited to Statutory Auditors, Independent Chartered Accountant, industry expert and Chartered Engineer. | 1.37 |
| 6 | Listing fees, SEBI fees, upload fees, BSE and NSE processing fees, book‑building software fees | 3.20 |
| 7 | Printing and stationery expenses | 0.75 |
| 8 | Advertising and marketing expenses | 3.58 |
| 9 | Fees payable to legal counsels | 3.32 |
| 10 | Miscellaneous (comprising fees payable to strategic advisors and additional intermediaries, if any, monitoring agency, chartered accountant(s) and company secretary that may be appointed in the course of Offer) | 0.81 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹82.00 | ₹82.00 |
| Open | ₹110.10 | ₹110.00 |
| Low | ₹96.17 | ₹96.25 |
| High | ₹110.89 | ₹111.00 |
| Last Trade | ₹97.58 | ₹97.59 |
Lead Manager Reports
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 Crores. The issue is priced at ₹82 per share. The minimum order quantity is 182.
The IPO opens on Wed, Jun 25, 2025, and closes on Fri, Jun 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 Wed, Jun 25, 2025 and closes on Fri, Jun 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 Tue, Jul 1, 2025. Check the Sambhv Steel Tubes IPO allotment status.
The Sambhv Steel Tubes IPO listing date is on Wed, Jul 2, 2025.
