Sambhv Steel Tubes IPO - Details
The initial public offering (IPO) of Sambhv Steel Tubes is set to open on June 25, 2025, and will close on June 27, 2025. This IPO is being launched as a Book Built Issue, with the company aiming to raise approximately ₹540 crores. The offering includes a fresh issue of ₹440 crores, along with an offer for sale of up to 1,21,95,121 equity shares, each having a face value of ₹10.
The price band has been set between ₹77 and ₹82 per share. The IPO allocation is divided as follows: 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for High Net-Worth Individuals (HNIs). The shares are expected to be listed on both BSE and NSE by July 2, 2025, and the share allotment is likely to be finalized on June 30, 2025.
Financially, the company posted a revenue of ₹1,289.38 crores in FY 2024, up from ₹939.00 crores in FY 2023. Net profit also showed strong growth, rising from ₹60.38 crores to ₹82.44 crores over the same period
Sambhv Steel Tubes IPO Market Lot Size
To participate in the Sambhv Steel Tubes IPO, investors need to apply for a minimum of 182 shares, which amounts to an investment of about ₹14,924. Retail applicants can submit bids for up to 13 lots, totaling 2,366 shares, with a maximum investment close to ₹1,94,012.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 182 | ₹14,924 |
Retail Maximum | 13 | 2366 | ₹1,94,012 |
S-HNI Minimum | 14 | 2,548 | ₹2,08,936 |
B-HNI Minimum | 68 | 12,376 | ₹10,14,832 |
Sambhv Steel Tubes IPO Details
IPO Open Date: | June 25, 2025 |
IPO Close Date: | June 27, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹77 to ₹82 Per Share |
Issue Size: | Approx ₹540 Crores |
Fresh Issue: | Approx ₹440 Crores |
Offer for Sale: | Approx 1,21,95,121 Equity Shares |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Sambhv Steel Tubes IPO Valuation – FY2024 (KPI)
Check Sambhv Steel Tubes IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 43.73% |
ROCE: | 25.65% |
EBITDA Margin: | 15.93% |
PAT Margin: | 7.30% |
Debt to equity ratio: | 2.20 |
Earning Per Share (EPS): | ₹3.79 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 25.42% |
Net Asset Value (NAV): | ₹18.19 |
Sambhv Steel Tubes IPO Company Financial Report
In the financial year 2024, the company generated a revenue of ₹1,289.38 crores, showing a significant rise from ₹939.00 crores in 2023. Net profit also improved, reaching ₹82.44 crores in 2024 compared to ₹60.38 crores in the previous year.
(All figures are in ₹ Crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 (Standalone) | ₹820.75 | ₹724.08 | ₹72.11 | ₹458.51 |
2023 (Standalone) | ₹939.00 | ₹857.89 | ₹60.38 | ₹552.14 |
2024 (Standalone) | ₹1,289.38 | ₹1,178.61 | ₹82.44 | ₹940.13 |
December 31, 2024 (Consolidated) | ₹1,018.81 | ₹963.10 | ₹40.69 | ₹1,411.82 |
Sambhv Steel Tubes IPO Dates
The Sambhv Steel Tubes IPO is scheduled to open on June 25 and will close on June 27. The share allotment is expected to be finalized by June 30, with the company’s listing anticipated on the stock exchanges on July 2.
IPO Open Date: | June 25, 2025 |
IPO Close Date: | June 27, 2025 |
Basis of Allotment: | June 30, 2025 |
Refunds: | July 1, 2025 |
Credit to Demat Account: | July 1, 2025 |
IPO Listing Date: | July 2, 2025 |
Promoters of Sambhv Steel Tubes IPO
The promoters of the company are Brijlal Goyal, Suresh Kumar Goyal, Vikas Kumar Goyal, Sheetal Goyal, Shashank Goyal and Rohit Goyal.
About Sambhv Steel Tubes IPO
Sambhv Steel Tubes Limited, established in 2017, is a prominent manufacturer of Electric Resistance Welded (ERW) steel pipes and structural hollow sections in India. Its main production facility is located in Sarora (Tilda), Raipur, in the resource-rich state of Chhattisgarh.
The company benefits from strategic proximity to raw materials, sourcing iron ore from a leading Navratna PSU mining enterprise and coal from a Maharatna PSU subsidiary, whose mines—among the largest in Asia—are situated just 250 kilometers from the plant. This allows for smoother logistics and cost efficiency.
As of March 31, 2024, Sambhv has built a strong distribution network that spans 15 Indian states and one union territory. By December 31, 2024, its presence was well-established across regions including Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh, and Telangana. The company’s sales and marketing team includes 23 professionals as of July 31, 2024.
Objects of the Issue
To prepay or repay, either in part or as scheduled, select outstanding loans taken by the company
To utilize funds for general corporate requirements and operational needs
Merchant Bankers
- Nuvama Wealth Management Limited
- Motilal Oswal Investment Advisors Limited
Company Address
Sambhv Steel Tubes Limited
Office No. 501 to 511,
Harshit Corporate,
Amanaka
Raipur, Chhattisgarh, 492001
Phone: +91 771 2222 360
Email: [email protected]
Website: http://www.sambhv.com/
Sambhv Steel Tubes IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
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