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Sambhv Steel Tubes IPO

  • Status: Closed
  • RHP:
  • ₹ 14,014 / 182 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    02 Jul 2025

  • Listing Price

    ₹110.10

  • Listing Change

    34.27%

  • Last Traded Price

    ₹95.04

Sambhv Steel Tubes IPO Details

  • Open Date

    25 Jun 2025

  • Close Date

    27 Jun 2025

  • Listing Date

    02 Jul 2025

  • IPO Price Range

    ₹ 77 to ₹82

  • IPO Size

    ₹ 540 Cr

  • Listing Exchange

    BSE NSE

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Sambhv Steel Tubes IPO Subscription Status

Last Updated: 29 September 2025 3:03 PM by 5paisa

Sambhv Steel Tubes Ltd is launching a ₹540 Cr IPO. It manufactures ERW steel pipes and structural tubes at its Sarora (Tilda) facility in Chhattisgarh. The company sources iron ore from a Navratna PSU and coal from a Maharatna PSU subsidiary with Asia’s largest coal mines. As of December 31, 2024, its distribution network spans 15 Indian states and a union territory, with a strong presence across central and northern India.

Established in: 2017
Managing Director: Mr. Vikas Goyal

Peers

APL Apollo Tubes Limited
Hariom Pipes Industries Limited
Hi-Tech Pipes Limited
JTL Industries Limited
Rama Steel Tubes Limited
Surya Roshni Limited
 

Sambhv Steel Tubes Objectives

Partial pre-payment or re-payment of outstanding borrowings
General corporate purposes
 

Sambhv Steel Tubes IPO Size

Types Size
Total IPO Size ₹540.00 Cr
Offer For Sale ₹100.00 Cr
Fresh Issue ₹440.00 Cr

 

 

Sambhv Steel Tubes IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 182 14,014
Retail (Max) 13 2,366 182,182
S-HNI (Min) 14 2,548 196,196
S-HNI (MAX) 67 12,194 938,938
HNI (Min) 68 12,376 952,952

Sambhv Steel Tubes IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 66.36 3,27,74,390 86,99,84,024 7,133.869
NII (HNI) 33.88 98,32,917 33,31,75,388 2,732.038
bNII (bids above ₹10L) 35.82 65,54,878     23,48,23,862 1,925.556
sNII (bids below ₹10L) 30.01 32,77,439 19,63,29,042 806.483
Retail 8.56 2,29,42,073 6,95,84,060 1,609.898
Total** 30.33 6,58,69,293     1,40,13,19,920 11,490.823

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Sambhv Steel Tubes IPO Anchor Allocation

Anchor 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 30, 2025
Anchor lock-in period end date for remaining shares (90 Days) September 28, 2025

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 820.75 939.00 1289.38
EBITDA 124.52 117.30 159.87
PAT 72.11 60.38 82.44
Particulars (in Rs. Crores)] FY22 FY23 FY24
Total Assets 458.51 552.14 940.13
Share Capital 20.09 20.09 24.10
Total Borrowings 241.29 282.77 346.88
Particulars (in Rs. Crores FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities 34.50 65.55 142.43
Net Cash Generated From / (used in) investing activities -100.25 -84.90 -311.60
Net Cash Generated From / (used in) financing activities 65.68 19.49 176.56
Net Increase (Decrease) In Cash And Cash Equivalents -0.07 0.14 7.39


Strengths

1. Backward-integrated facility improves control over quality, costs, and the supply chain.
2. Strategic Raipur location ensures easy access to raw materials and efficient logistics.
3. Strong financial performance and equity infusion support expansion and tech upgrades.
4. Wide distribution and experienced leadership ensure robust presence across domestic markets.
 

Weaknesses

1. High working capital requirements strain liquidity during low-demand or slow market periods.
2. Dependence on external power sources adds to operational expenses and reduces margins.
3. Over-reliance on domestic markets limits geographic diversification and global exposure.
4. Delays in new facility projects may impact production and disrupt future growth.
 

Opportunities

1. Expanding into stainless steel and HR coils opens access to new, high-margin markets.
2. Second manufacturing facility will enhance capacity and expand product offerings.
3. India’s infrastructure boom increases demand for ERW pipes and structural tubes.
4. Tech investments position the company to meet future demand and product innovation.
 

Threats

1. Steel price volatility may impact profits and operational planning.
2. Industry cyclicality causes demand fluctuations and revenue unpredictability.
3. Regulatory changes could increase compliance costs and affect margins.
4. Intense competition from established players may limit market expansion.
 

1. Strong ₹540 Cr issue includes ₹440 Cr fresh capital for debt repayment, strengthening the balance sheet.
2. Backward-integrated, single-location facility offers control, quality and cost advantages.
3. Revenue and PAT consistently growing; FY24 revenue reached ₹1,289 Cr with ₹82 Cr profit.
4. Rising demand from infrastructure and oil & gas sectors boosts long-term market potential.
 

1. India steel tubes market ~USD 7.5 bn, forecasted to reach USD 8.2 bn by 2033.
2. Growth driven by infrastructure, oil & gas pipelines, automotive, and urbanisation.
3. Government “Make in India” and green steel pushes boost domestic manufacturing.
4. Asia‑Pacific, led by India, dominates growth; APAC CAGR ~4–7% outpacing global average.
 

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FAQs

Sambhv Steel Tubes IPO opens from June 25, 2025 to June 27, 2025.
 

The size of Sambhv Steel Tubes IPO is ₹540.00 Cr.
 

The price of Sambhv Steel Tubes IPO is fixed at ₹77 to ₹82 per share. 
 

To apply for Sambhv Steel Tubes IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Sambhv Steel Tubes  IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Sambhv Steel Tubes IPO is 182 shares and the investment required is ₹14,014.
 

The share allotment date of Sambhv Steel Tubes IPO is June 30, 2025
 

The Sambhv Steel Tubes IPO will likely be listed on July 2, 2025.
 

Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited are the book running lead managers for Sambhv Steel Tubes IPO.
 

Sambhv Steel Tubes plans to utilise the raised capital from the IPO for:

  • Partial pre-payment or re-payment of outstanding borrowings
  • General corporate purposes