Sambhv Steel Tubes Ltd IPO

Sambhv Steel Tubes Ltd IPO

According to the CRISIL Report, we are one of the key manufacturers of electric resistance welded (ERW) steel pipes and structural tubes (hollow section) in India in terms of installed capacity as of March 31, 2024. According to the CRISIL Report, we are one of the two players in India manufacturing ERW steel pipes and tubes (along with hollow section pipes and tubes) using narrow-width HR coil, as of December 31, 2024. According to the CRISIL Report, we have a market share of approximately 2.00% in domestic ERW pipe segment as of fiscal 2024 (in terms of sales volume).

Sambhv Steel Tubes Ltd IPO Details

Total Shares Offered

₹ 6,58,53,658

Offer to Public

1,21,95,122

Retail Max (Shares)

₹ 2,29,42,073

Pre Issue Promoters Holding

₹ 17,33,56,120

Exchange

BSE

Issue size

₹ 540 Cr

IPO Open Date

Jun 25, 2025

Close Date

Jun 27, 2025

Lot Size

182

Min Investment

₹ 14,014

Issue Type

Book Building

Listing Date

Jul 2, 2025

Sambhv Steel Tubes Ltd IPO Dates

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Jun 25, 2025
Opening date
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Jun 27, 2025
Closing date
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Jun 30, 2025
Basis of Allotment
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Jul 1, 2025
Initiation of Refunds
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Jul 1, 2025
Credit of Shares
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Jul 2, 2025
Listing date

Details

SectorType
SectorSteel - Medium
Sub SectorSmall
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Sambhv Steel Tubes Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations1,511.361,285.76937.22
EBITDA147.72152.59113.42
PAT58.0482.4460.38
Total Assets525.76316.65207.20
Share Capital241.00241.0020.09
Total Borrowings537.93307.50263.10
Operating Activities (Net Cash)92.42103.3576.53
Investing Activities (Net Cash)-20.56-215.61-21.51
Financing Activities (Net Cash)537.93307.50263.10
Net Cashflow16.1942.997.70

About Sambhv Steel Tubes Ltd

Our Company was originally incorporated on April 24, 2017 at Chhattisgarh, India as `Sambhv Sponge Power Private Limited', a private limited company under the Companies Act, 2013 and was granted a certificate of incorporation by the Registrar of Companies, Central Registration Centre on April 25, 2017. Subsequently, the name of our Company was changed to `Sambhv Steel Tubes Private Limited' pursuant to a special resolution adopted by our Shareholders on January 16, 2024 to more accurately reflect the nature of business of our Company, and a fresh certificate of incorporation consequent upon change of name was issued to our Company by the Registrar of Companies, Central Processing Centre on February 22, 2024. Our Company was then converted into a public limited company under the Companies Act, 2013 pursuant to a special resolution adopted by our Shareholders on April 24, 2024, consequent to which, the name of our Company was changed to `Sambhv Steel Tubes Limited' and a fresh certificate of incorporation, consequent upon change of name, was issued to our Company by the Registrar of Companies, Central Processing Centre on July 9, 2024.

According to the CRISIL Report, the demand for domestic steel pipes and tubes is expected to have grown at a CAGR of 5-6% during Fiscals 2019-2025 to rise from 8.8 MTPA in Fiscal 2019 to 12.50-13.50 MTPA in Fiscal 2025, led by government initiatives to augment urban structural infrastructure and to infuse investments in the oil and gas sector. Going forward, domestic steel pipe demand is projected to increase to 18.50-20.50 MTPA in Fiscal 2029 at a 8-9% CAGR during the period between Fiscal 2025 and Fiscal 2029 on a high base.

According to the CRISIL Report, we are one of the key manufacturers of electric resistance welded (ERW) steel pipes and structural tubes (hollow section) in India in terms of installed capacity as of March 31, 2024. According to the CRISIL Report, we are one of the two players in India manufacturing ERW steel pipes and tubes (along with hollow section pipes and tubes) using narrow-width HR coil, as of December 31, 2024. According to the CRISIL Report, we have a market share of approximately 2.00% in domestic ERW pipe segment as of fiscal 2024 (in terms of sales volume).

Peer Comparison:

  • Sambhv Steel Tubes Limited
  • 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 Ltd Key Points

Strengths

Backward integrated facility in India.

Strategically located manufacturing plants resulting in operational efficiencies.

Strong process innovation and execution capabilities allowing us to produce value-added products.

Widespread, well connected distribution network across India.

Well-positioned to take advantage of the growing demand for quality ERW steel pipes and tubes.

Risk

Under-utilization of its manufacturing capacities and an inability to effectively utilize the company expanded manufacturing capacities could have an adverse effect on its business, future prospects and future financial performance.

An increase in the cost of or a shortfall in the availability of its key raw materials such as iron ore, coal, iron ore pellets, sponge iron and mild steel scrap from its suppliers could have a material adverse effect on its business, results of operations, profitability and margins, cash flows and financial condition.

The company depends on certain key suppliers for certain raw materials and have not entered into definitive supply agreements with most of its suppliers. A failures by its suppliers to meet their obligations may affect the availability and cost of raw materials, which may adversely affect its business, results of operations, profitability and margins, cash flows and financial condition. Further volatility in the raw material prices and its inability to pass on the increase in cost of raw materials to the customers may impact its results of operations, profitability and margins.

Strategy

Production capacity expansion with focus on valued added products.

Expanding our distributor network and increasing business share from existing distributors and direct customers.

Continue to focus on value added products and customization.

Continue to focus on operational and cost optimization.

Continue our emphasis on brand building.

How To Apply for Sambhv Steel Tubes Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Sambhv Steel Tubes Ltd IPO?

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Sambhv Steel Tubes Ltd's IPO offers shares for up to 440 It begins on Jun 25, 2025 and ends on Jun 27, 2025.

What is the price of the Sambhv Steel Tubes Ltd IPO?

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The price of Sambhv Steel Tubes Ltd IPO ranges between ₹77 to ₹82 per share.

What are the open and close dates for the Sambhv Steel Tubes Ltd IPO?

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The Sambhv Steel Tubes Ltd IPO opens on Jun 25, 2025 and closes on Jun 27, 2025.

When will the Sambhv Steel Tubes Ltd IPO be allotted?

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The allotment for the Sambhv Steel Tubes Ltd IPO will be finalised on Jun 30, 2025. The shares will be listed on BSE and NSE on Jul 2, 2025.

What is the minimum lot size required for Sambhv Steel Tubes Ltd IPO?

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The minimum lot size for Sambhv Steel Tubes Ltd IPO is 182 shares, priced between ₹77 to ₹82 per share.

What is the GMP of Sambhv Steel Tubes Ltd IPO?

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The GMP (Grey Market Premium) of Sambhv Steel Tubes Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Sambhv Steel Tubes Ltd IPO?

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To check the allotment status of Sambhv Steel Tubes Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Sambhv Steel Tubes Ltd IPO getting listed?

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The Sambhv Steel Tubes Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 25, 2025, and closes on Jun 27, 2025. The allotment is finalised on Jun 30, 2025.

How do you apply for the Sambhv Steel Tubes Ltd IPO?

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To apply for the Sambhv Steel Tubes Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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