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 Cr

Bid Dates

25 Jun - 27 Jun

Subscription

30.31x

Est. GMP

₹13 (15.85%)

Website RHP Check Allotment

Valuation

Market Cap

₹2,020.22 Cr

P/E Ratio

21.64x

P/B Ratio

4.51x

Sambhv Steel Tubes IPO Dates

Open
Close
Allotment
Refunds
Credit
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.

Sambhv Steel Tubes IPO Lot Size

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
Allocate Funds

Category Reservation

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

Sambhv Steel Tubes IPO Size

Total ₹540.00 Cr
Fresh Issue
₹440 Cr (5.37 Cr Shares)
Offer For Sale
₹100 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

Sambhv Steel Tubes IPO IPO Live Subscription

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

Sambhv Steel Tubes IPO IPO Subscription Status (Mainboard)
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

Sambhv Steel Tubes IPO IPO Details Live GMP

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

Sambhv Steel Tubes IPO IPO 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

Key Performance Indicators (KPIs)

EBITDA

12.43%

PAT

6.41%

ROE

25.42%

ROCE

17.66%

Debt to Equity

0.80

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

Promoter Holding

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

Company Details

Name: Sambhv Steel Tubes Limited

Address: Office No. 501 to 511, Harshit Corporate, Amanaka, Raipur 492 001, Chhattisgarh, India

Number: +91 771 2222 360

Email: cs@sambhv.com

Website: www.sambhv.com

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Frequently Asked Questions (FAQs)

What is Sambhv Steel Tubes IPO?
Sambhv Steel Tubes IPO is a Mainboard IPO having an issue size of ₹540 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