Sambhv Steel Tubes Limited
Bookbuilding IPO · NSE
- Price band
- ₹77 - ₹82
- Lot size
- 182 shares
- Issue amount
- ₹540 cr
- Total subscription
- 30.31×
- Opens
- 25 Jun 2025
- Closes
- 27 Jun 2025
- Allotment
- 30 Jun 2025
- Listing
- 2 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 5,36,58,537 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,014
- Fresh issue
- ₹440 cr
- Offer for sale
- ₹100 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹14,924
- Issue type
- Bookbuilding IPO
- Shares before issue
- 24,10,02,000
- Shares after issue
- 29,46,60,536
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 182 | ₹14,924 |
| sHNI | 14 | 2,548 | ₹2,08,936 |
| bHNI | 68 | 12,376 | ₹10,14,832 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 2,573 | 18,549 |
| HNIs (2-10L) | 1,286 | 36,630 |
| RETAIL | 1,26,055 | 9,26,197 |
| Employee | 0 | 7,421 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 268.75 | 7,133.87 |
| RETAIL | 188.12 | 1,599.6 |
| HNIs 2+ | 26.87 | 806.48 |
| HNIs 10+ | 53.75 | 1,925.56 |
| EMPLOYEES | 2.63 | 15.02 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 1.69 | 3.79 | 3.01 |
| ROE | 8.88 | 25.42 | 33.57 |
| ROCE | 7.67 | 17.66 | 20.2 |
| RONW | 8.88 | 25.42 | 33.57 |
| PRE IPO(PE) | 0 | 23.97 | 0 |
| POST IPO(PE) | 44.54 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Sambhv Steel Tubes Limited, established in 2017, is engaged in the manufacturing of electric resistance welded (ERW) steel pipes and structural tubes, also known as hollow sections, within India. Its manufacturing operations are based in Village Sarora, Tehsil Tilda, Raipur, located in the mineral-rich state of Chhattisgarh. The company sources iron ore from a "Navratna" public sector undertaking (PSU) mining company, while coal is procured from a "Maharatna" PSU through one of its top coal-producing subsidiaries. These coal mines, among the largest in Asia, are situated around 250 kilometres from the manufacturing facility, offering reliable and efficient access to key raw materials. As of March 31, 2024, the company has established a distribution network of 33 independent distributors. Two of these distributors operate through six branch offices, expanding Sambhv Steel Tubes' footprint to a total of 39 distributor points across 15 states and one union territory. The company has a strong presence in states such as Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh, and Telangana. By July 31, 2024, its sales and marketing team had grown to 23 members, supporting its outreach and expansion efforts across Indi
Strengths
- Unique Backward Integration: Only fully backward-integrated single-site facility in India offers superior control over quality, cost, and timelines
- Strategic Plant Locations: Manufacturing units are well-positioned to boost logistics efficiency, lower costs, and improve productivity
- Innovation & Execution Strength: Focus on innovation and execution ensures delivery of value-added, market-aligned products
Risk factors
- Under-Utilization of Capacity: Inefficient use of manufacturing facilities may hamper growth and financial performance
- Raw Material & Cost Risks: Shortage or rising costs of inputs like iron ore, coal, and scrap may squeeze margins and disrupt operations
- Restrictive Financing Terms: Debt covenants may reduce flexibility, limiting expansion and responsiveness to industry changes
Promoters
Brijlal Goyal
Suresh Kumar Goyal
Vikas Kumar Goyal
Sheetal Goyal
Shashank Goyal
Rohit Goyal
Registrar & documents
Lead manager
Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office No. 501 to 511, Harshit Corporate, Amanaka Raipur, Chhattisgarh, 492001
+91 771 2222 360
[email protected]Company website ↗Understanding SAMBHV IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.