Sambhv Steel Tubes Limited IPO

Sambhv Steel Tubes Limited IPO

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.

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Price Band

₹77 - ₹82

Dates

25 Jun - 27 Jun

GMP

₹9 (10.98%)

Subscriptions

-

Issue Size

₹540.00 Crs

Sambhv Steel Tubes IPO Key Dates
Opening Date

25 Jun 25

Closing Date

27 Jun 25

Basis Of Allotment

30 Jun 25

Initiations Of Refund

01 Jul 25

Credit Of Shares

01 Jul 25

Listing Date

02 Jul 25

Sambhv Steel Tubes IPO Objects

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

Sambhv Steel Tubes IPO Details
Price Band

₹77 - ₹82

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹440.00 Cr (5.37 Cr Shares)

Offer For Sale

₹100.00 Cr (1.22 Cr Shares)

Total Issue

₹540.00 Cr (6.59 Cr Shares)

Face Value

₹10 per equity share

Sambhv Steel Tubes IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 182 14,924
Maximum 13 2,366 1,94,012
Small HNI
Minimum 14 2,548 2,08,936
Maximum 67 12,194 9,99,908
Big HNI
Minimum 68 12,376 10,14,832
Sambhv Steel Tubes IPO GMP

The estimated Grey Market Premium of Sambhv Steel Tubes IPO is ₹9 per share (10.98%)

Category Allocation
Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer
Employee Rs. 2.5 Cr
Sambhv Steel Tubes IPO Financials

(Rs. in crores)

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

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI KPI
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.
Sambhv Steel Tubes IPO Peer Comparision

(Rs. in crores)

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 Peer Comparision

(Rs. in crores)

Particulars Sambhv Steel Tubes
Revenue from Ops (in Crs.) 1,285.76
PAT (In Crs.) 82.44
EPS - Basic 3.79
NAV per share 18.19
RONW 25.42%
EBITDA 12.43%
PAT Margin 6.41%
Price to earning (PE) 21.64
Debt to Equity 0.80
APL Apollo Tubes Hariom Pipes Industries Hi-Tech Pipes JTL Industries Rama Steel Tubes Surya Roshni
18,118.80 1,153.19 2,699.29 2,040.23 1,046.51 7,809.27
732.44 56.80 43.93 113.01 30.00 329.16
26.40 20.34 3.25 6.63 0.50 30.51
129.60 160.50 38.20 43.72 2.14 187.63
22.21% 13.56% 8.90% 19.15% 10.40% 17.41%
6.58% 12.02% 4.26% 7.46% 5.74% 7.33%
4.04% 4.93% 1.63% 5.54% 2.87% 4.21%
68.52 21.15 35.52 10.16 24.27 10.98
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
Promoter Details
Name Shareholding
Brijlal Goyal 7.69%
Suresh Kumar Goyal 7.69%
Vikas Kumar Goyal 7.69%
Sheetal Goyal 7.92%
Other promoter 40.91%
Total 71.93%
Management Details
Name Designation
Suresh Kumar Goyal Chairman
Vikas Kumar Goyal MD & CEO
Bhavesh Khetan CFO
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?

Find answers to common questions that come in your mind related to IPO.

Sambhv Steel Tubes IPO is a Mainboard IPO having an issue size of Rs. ₹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.

Sambhv Steel Tubes IPO opens on 25 Jun 25 and closes on 27 Jun 25.

The estimated Grey Market Premium of Sambhv Steel Tubes IPO is ₹9 per share (10.98%).

The minimum lot size of Sambhv Steel Tubes IPO is 182 shares & the minimum application amount is Rs. 14924.

The allotment date of Sambhv Steel Tubes IPO is 30 Jun 25.

The listing date of Sambhv Steel Tubes IPO is 02 Jul 25.

Sambhv Steel Tubes IPO is subscribed -.

Sambhv Steel Tubes IPO is priced at ₹77 - ₹82 per share.

Click the allotment link on Sambhv Steel Tubes IPO page of IPO360.

  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

  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

  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