Sambhv Steel Tubes IPO Details
MAINBOARD
Sambhv Steel Tubes IPO opens for subscription on 25 Jun 2025 and closes on 27 Jun 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 02 Jul 2025.
Sambhv Steel Tubes IPO price band has been fixed at ₹77 – ₹82 per share.The face value is ₹10 per share with a lot size of 182.
Sambhv Steel Tubes IPO total issue size comprises 6,58,53,659 shares (aggregating up to ₹540.00 Cr). This includes a fresh issue of 5,36,58,537 shares (aggregating up to ₹440.00 Cr). Offer for Sale consists of 1,21,95,122 shares (aggregating up to ₹100.00 Cr).
Sambhv Steel Tubes IPO carries a ₹14 (17.07%) GMP, reflecting investor sentiment.
Sambhv Steel Tubes IPO Lot Size : Retail Minimum is 1 lot (182 shares) amounting to ₹14,924. Retail Maximum is 13 lots (2,366 shares) amounting to ₹194,012. SHNI Minimum is 14 lots (2,548 shares) amounting to ₹208,936. SHNI Maximum is 67 lots (12,194 shares) amounting to ₹999,908. BHNI Minimum is 68 lots (12,376 shares) amounting to ₹1,014,832.
The Lead Managers for Sambhv Steel Tubes IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Motilal Oswal Investment Advisors Ltd, Nuvama Wealth Management Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Sambhv Steel Tubes Limited RHP.
Sambhv Steel Tubes IPO Details
Sambhv Steel Tubes IPO Subscription
Sambhv Steel Tubes IPO Application Wise Breakup (Approx)
Sambhv Steel Tubes IPO Dates
- 25 Jun 2025Opening dateOpen
- 27 Jun 2025Closing dateClose
- 30 Jun 2025Allotment Date Allotment
- 01 Jul 2025Initiation of RefundsRefund
- 01 Jul 2025Credit of SharesCredit
- 02 Jul 2025Listing dateListing
Sambhv Steel Tubes IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 182 | ₹14,924 |
| Retail Maximum | 13 | 2366 | ₹194,012 |
| SHNI Minimum | 14 | 2548 | ₹208,936 |
| SHNI Maximum | 67 | 12194 | ₹999,908 |
| BHNI Minimum | 68 | 12376 | ₹1,014,832 |
Sambhv Steel Tubes IPO Reservation
Promoter Holding
Sambhv Steel Tubes IPO Valuations
Sambhv Steel Tubes Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 940.13 | 552.14 | 458.51 |
| Revenue | 1,289.38 | 939.00 | 820.75 |
| Profit After Tax | 82.44 | 60.38 | 72.11 |
| Net Worth | 438.28 | 210.40 | 149.30 |
| Reserves and Surplus | 197.28 | 190.31 | 129.21 |
| Total Borrowing | 346.88 | 282.77 | 241.29 |
| Amount in ₹ Crore | |||
About Sambhv Steel Tubes IPO
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 33 distinct distributors with two distributors distributing through six branches in 15 states and one union territory taking the total distributor network to 39.
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.
Strength Of Sambhv Steel Tubes IPO
1. Backward integrated facility in India.
2. Strategically located manufacturing plants resulting in operational efficiencies.
3. Strong process innovation and execution capabilities allowing us to produce value-added products.
4. Widespread, well connected distribution network across India.
5. Well-positioned to take advantage of the growing demand for quality ERW steel pipes and tubes.
6. Experienced Promoters and management team with vast experience in the steel industry.
7. Track record of healthy financial performance.
Risk Of Sambhv Steel Tubes IPO
1. Under-utilization of our manufacturing capacities and an inability to effectively utilize our expanded manufacturing capacities could have an adverse effect on our business, future prospects and future financial performance.
2. An increase in the cost of or a shortfall in the availability of our key raw materials such as iron ore, coal, iron ore pellets, sponge iron and mild steel scrap from our suppliers could have a material adverse effect on our business, results of operations, profitability and margins, cash flows and financial condition.
3. We depend on certain key suppliers for certain raw materials and have not entered into definitive supply agreements with most of our suppliers. A failure by our suppliers to meet their obligations may affect the availability and cost of raw materials, which may adversely affect our business, results of operations, profitability and margins, cash flows and financial condition. Further volatility in the raw material prices and our inability to pass on the increase in cost of raw materials to the customers may impact our results of operations, profitability and margins.
4. Our financing arrangements contain restrictive covenants. This may limit our ability to pursue our business and limit our flexibility in planning for, or reacting to, changes in our business or industry including our plans for expansion and diversification.
5. We derive a substantial portion of our revenue from the sale of ERW pipes and tubes and any loss of sales due to reduction in demand for our products could adversely affect our business, financial condition, results of operations and cash flows. Further, our inability to successfully diversify our product offerings may adversely affect our growth and negatively impact our profitability.
6. Any disruption or shortage of essential utilities could disrupt our manufacturing operations and increase our production costs, which could adversely affect our results of operations.
7. Our return on capital employed has constantly declined. A further decline could adversely affect our business, financial condition, results of operations and cash flows.
8. Our existing and proposed manufacturing facilities and Registered and Corporate Office are located in Chhattisgarh and any adverse changes in the conditions affecting the region can adversely impact our business, results of operations, profitability and margins, cash flows and financial condition.
9. Our revenues are concentrated in north and west India. Any adverse changes in the conditions affecting these regions and our inability to grow our business in new geographic markets may adversely impact our business, results of operations, profitability and margins, cash flows and financial condition.
10. Our existing manufacturing facilities are critical to our business operations. The unexpected shutdown or slowdown of operations at our operational manufacturing facilities could have a material adverse effect on our business, results of operations, profitability and margins, cash flows and financial condition.
Objectives Sambhv Steel Tubes IPO
1. Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company; and
2. General corporate purposes.
Company Contact Details
Sambhv Steel Tubes Limited
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/
Registrar Contact Details
Sambhv Steel Tubes IPO - FAQs
The Sambhv Steel Tubes IPO is a MAINBOARD public issue comprising 65853659 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹540.00 Cr. The issue price has been fixed at ₹82 per equity share, and the minimum application size is 182 shares.
The IPO opens for subscription on 25 Jun 2025, and closes on 27 Jun 2025.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹14 (17.07%).