Sambhv Steel Tubes Limited IPO

Sambhv Steel Tubes Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹77 - ₹82

Total Issue

₹540.00 Cr

Bid Dates

25 Jun - 27 Jun

Subscription

28.46x

Est. GMP

₹13 (15.85%)

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Tentative Timetable

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Listing

Business Overview

According to the CRISIL Report, the company is among the leading manufacturers of electric resistance welded (ERW) steel pipes and structural tubes (hollow sections) in India by installed capacity as of March 31, 2024. It is one of only two players producing ERW pipes using narrow-width HR coils (as of December 31, 2024). With backward integration, it manufactures a wide range of products including ERW black pipes, GP pipes, GI pipes, CRFH pipes, and steel door frames. These rust-resistant products serve sectors such as housing, infrastructure, water, agriculture, telecom, oil & gas, and solar. The company has a robust distribution network across 15 states and one union territory.

Lot Info

Lot Information for Sambhv Steel Tubes IPO
Category Lots Shares Amount
Retail (Min) 1 182 ₹14,924
Retail (Max) 13 2,366 ₹1,94,012
S-HNI (Min) 14 2,548 ₹2,08,936
S-HNI (Max) 67 12,194 ₹9,99,908
B-HNI (Min) 68 12,376 ₹10,14,832

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
Rs. 2.5 Cr
Shareholder
₹0.00

Issue Size

Total ₹540.00 Cr
Fresh Issue
₹440.00 Cr (5.37 Cr Shares)
Offer For Sale
₹100.00 Cr (1.22 Cr Shares)

Objects of Issue

  1. Pre-payment of a portion of certain outstanding borrowings availed by our Company
  2. General corporate purposes

Grey Market Premium

GMP ₹13
Est. Price ₹95
Est. Gain 15.85%

Sambhv Steel Tubes IPO Peer Comparison

(Rs. in crores)

Sambhv Steel Tubes IPO Peer Comparison Table
Particulars Sambhv Steel Tubes APL Apollo Tubes Hariom Pipes Industries Hi-Tech Pipes JTL Industries Rama Steel Tubes Surya Roshni
Revenue from Ops (in Crs.) 1,285.76 18,118.80 1,153.19 2,699.29 2,040.23 1,046.51 7,809.27
PAT (In Crs.) 82.44 732.44 56.80 43.93 113.01 30.00 329.16
EPS - Basic 3.79 26.40 20.34 3.25 6.63 0.50 30.51
NAV per share 18.19 129.60 160.50 38.20 43.72 2.14 187.63
RONW 25.42% 22.21% 13.56% 8.90% 19.15% 10.40% 17.41%
EBITDA 12.43% 6.58% 12.02% 4.26% 7.46% 5.74% 7.33%
PAT Margin 6.41% 4.04% 4.93% 1.63% 5.54% 2.87% 4.21%
Price to earning (PE) 21.64 68.52 21.15 35.52 10.16 24.27 10.98
Debt to Equity 0.80 0.32 0.80 0.63 0.03 0.43 0.01
  • All information pertains to FY 2023-24.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 2, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Sambhv Steel Tubes IPO
Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 1,016.09 1,285.76 937.22 819.35
Profit after Tax 40.69 82.44 60.38 72.11
Net Worth 478.46 438.28 210.40 149.30
Total Borrowing 619.15 346.88 282.77 241.29
Total Assets 1,411.82 940.13 552.14 458.51
NAV per share (in ₹) 19.85 18.19 10.47 7.43
EPS - Basic (in ₹) 1.69 3.79 3.01 3.59

KPIs

EBITDA

12.43%

PAT

6.41%

ROE

25.42%

ROCE

17.66%

Debt to Equity

0.80

PE Ratio

21.64

PB Ratio

4.51

Mkt Cap (in Crs.)

2,020.22

  • All the data pertains to FY 2023-24.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

71.93%

Public

28.07%

Brijlal Goyal 7.69%
Suresh Kumar Goyal 7.69%
Vikas Kumar Goyal 7.69%
Sheetal Goyal 7.92%
Other promoter 40.91%

Management

Suresh Kumar Goyal Chairman
Vikas Kumar Goyal MD & CEO
Bhavesh Khetan CFO

Registrar & Lead Managers

Subscription Status

Updated as on 27-Jun-2025 19:00:00

Mainboard Subscription Status for Sambhv Steel Tubes IPO
Category Sub (x) Offered Bids
QIB 66.36 1,31,09,757 86,99,84,024
NII 33.89 98,32,317 33,31,74,478
bHNI 35.82 65,54,878 23,48,23,862
sHNI 30.01 32,77,439 9,83,50,616
Retail 8.51 2,29,42,073 19,52,63,978
Employee 5.71 3,20,513 18,29,828
Total 30.31 4,62,04,660 1,40,02,52,308

Frequently Asked Questions

What is Sambhv Steel Tubes IPO?
Sambhv Steel Tubes IPO is a Mainboard IPO having an issue size of ₹540.00 Crs. Sambhv Steel Tubes IPO is priced at ₹77 - ₹82 per share. The issue opens on 25 Jun 25 and closes on 27 Jun 25.
When will Sambhv Steel Tubes IPO open?
Sambhv Steel Tubes IPO opens on 25 Jun 25 and closes on 27 Jun 25.
What is the GMP of Sambhv Steel Tubes IPO?
The estimated Grey Market Premium of Sambhv Steel Tubes IPO is ₹13 per share (15.85%).
What is the lot size of Sambhv Steel Tubes IPO?
The minimum lot size of Sambhv Steel Tubes IPO is 182 shares & the minimum application amount is Rs. 14924.
When is the allotment of Sambhv Steel Tubes IPO?
The allotment date of Sambhv Steel Tubes IPO is 30 Jun 25.
What is the listing date of Sambhv Steel Tubes IPO?
The listing date of Sambhv Steel Tubes IPO is 02 Jul 25.
What is the subscription of Sambhv Steel Tubes IPO?
Sambhv Steel Tubes IPO is subscribed 28.46 times.
What is the price band of Sambhv Steel Tubes IPO?
Sambhv Steel Tubes IPO is priced at ₹77 - ₹82 per share.
How to check allotment status of Sambhv Steel Tubes IPO?
Click the allotment link on Sambhv Steel Tubes IPO page of IPO360.
How to apply Sambhv Steel Tubes IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Sambhv Steel Tubes IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Sambhv Steel Tubes IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Sambhv Steel Tubes IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date