Sambhv Steel Tubes IPO Details
Sambhv Steel Tubes IPO is a fully book-built public offering with a total issue size of ₹540 crores. This includes a fresh issue of ₹440 crores and an offer for sale (OFS) of ₹100 crores.
The Sambhv Steel Tubes IPO dates are yet to be officially announced. Once declared, the IPO will be listed on both BSE and NSE. You can track the live status on our IPO Calendar.
Investors should note that the Sambhv Steel Tubes IPO price band is also pending announcement. Stay updated with our IPO news section for the latest updates on bidding dates, allotment, and listing timelines.
KFin Technologies Limited has been appointed as the registrar for the Sambhv Steel Tubes IPO, and the lead managers are Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Limited.
Proceeds from the Sambhv Steel Tubes IPO will primarily go towards debt repayment and general corporate purposes.
If you're exploring investment opportunities, check out other upcoming IPOs in India and SME IPO listings.
IPO Schedule
| IPO Open Date | Wednesday, 25 Jun, 2025 |
|---|---|
| IPO Close Date | Friday, 27 Jun, 2025 |
| IPO Allotment Date | Monday, 30 Jun, 2025 |
| Refund Initiation | Tuesday, 01 Jul, 2025 |
| Share credit in Demat | Tuesday, 01 Jul, 2025 |
| Listing Date | Monday, 02 Jun, 2025 |
Key Details
| Price Band | ₹77 to ₹82 Per Share |
|---|---|
| Lot Size | 182 Shares |
| Face Value | ₹10 Per Equity Share |
| Total Issue Size | ₹540.00 Crores |
| Fresh Issue | ₹440.00 Crores |
| OFS Issue | ₹100.00 Crores |
| Issue Type | Fresh Issue and Offer for Sale |
| Listing At | BSE, NSE |
Share Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | 50% |
| Retail | 35% |
| NII/HNI | 15% |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 182 | 14,924 |
| Retail (Max) | 13 | 2366 | 194,012 |
| S-HNI (Min) | 14 | 2548 | 208,936 |
| S-HNI (Max) | 67 | 12194 | 999,908 |
About Sambhv Steel Tubes Limited Company
Sambhv Steel: A Leading Steel Pipe Manufacturer
Sambhv Steel is a prominent domestic manufacturer of steel pipes and structural tubes, operating two facilities in Raipur, Chhattisgarh. Uniquely, Sambhv Steel possesses a single-location backward integrated manufacturing facility for steel pipes and tubes in India. It produces narrow width HR coils in-house, utilizing advanced technology to manufacture pipes and tubes. As of March 31, 2024, Sambhv Steel's production capacity reached approximately 1 million tonne per annum. Working capital days improved from 58 days in fiscal 2023 to 41 days in fiscal 2024.
The company's product range includes HR coils, ERW black pipes, and galvanized iron (GI) pipes, serving diverse sectors like engineering, construction, agriculture, and infrastructure. Sambhv Steel is expanding its offerings to include stainless steel and galvanized plain coils. Its backward integration provides operational efficiencies, reduces costs, and ensures quality control.
Region-wise, the company supplies its products to over 15 states and one union territory with more than 60% of the sale volume coming from just 3 states, namely Chhattisgarh, Maharashtra, and Gujarat.
Sambhv Steel Tubes Limited Financial Details
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 940.13 | 552.14 | 458.51 |
| Revenue | 1,289.38 | 939 | 820.75 |
| Profit After Tax | 82.44 | 60.38 | 72.11 |
| Net Worth | 438.28 | 210.4 | 149.3 |
| Reserves and Surplus | 197.28 | 190.31 | 129.21 |
| Total Borrowing | 346.88 | 282.77 | 241.29 |
₹ In Crore
Key Performance Indicator
| Basic EPS (in ₹) | Return on Net Worth (RoNW) | Net Asset Value (NAV) | Debt-Equity Ratio | Return on Equity (ROE) | Return on Capital Employed (ROCE) |
|---|---|---|---|---|---|
| 3.79 | 25.42 | 18.19 |
Offer Objectives
The Offer comprises a Fresh Issue and an Offer for Sale. The company will not receive any proceeds from the Offer for Sale.
Lock-in Details:
- Equity Shares offered towards minimum Promoters' contribution have not been acquired by Promoters at a price lower than the Offer Price in the year preceding the Draft Red Herring Prospectus date.
- Equity Shares forming part of Promoters’ contribution are not subject to any pledge.
- All Equity Shares held by Promoters are in dematerialized form as of the Draft Red Herring Prospectus date.
- The entire pre-Offer Equity Share capital (including any unsubscribed portion of Offered Shares) will be locked-in for six months from the Allotment date, excluding shares transferred via Offer for Sale.
- 50% of Equity Shares allotted to Anchor Investors will be locked-in for 90 days from Allotment, and the remaining 50% for 30 days.
Utilization of Fresh Issue Net Proceeds:
The net proceeds from the Fresh Issue, after deducting offer-related expenses, will be used for:
- Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company.
- General corporate purposes.
The estimated gross proceeds from the Fresh Issue is ₹440 crore, subject to full subscription. Offer-related expenses will be deducted to determine the net proceeds, which will be updated in the Prospectus.
Company Details
Address:
Office No. 501 to 511, Harshit Corporate, Amanaka, Raipur 492 001, Chhattisgarh, India
Phone: +91 771 2222 360
Email: [email protected]
Website: http://www.sambhv.com
IPO Registrar Details
KFin Technologies Limited
Phone: +91 40 6716 2222
Email: [email protected]
Website: http://www.kfintech.com
Offer Prospectus & Documents
Lead Managers
- Nuvama Wealth Management Limited
- Motilal Oswal Investment Advisors Limited
