sambhv steel tubes limited

sambhv steel tubes limited

SAMBHV • ISIN: INE12NJ01018

BSE, NSE

Listing Price: ₹110

+34.15% Gain
About Company

Incorporated in 2017, Sambhv Steel Tubes Limited is a manufacturer of electric resistance welded (“ERW”) steel pipes and structural tubes (hollow section) in India. The company's manufacturing facility is located in Village - Sarora, Tehsil Tilda, Raipur (“Sarora (Tilda) Facility”) in the mineral-rich state of Chhattisgarh.

The company's iron ore is sourced from “Navratna” public sector undertaking (“PSU”) mining company’s mines and coal from a “Maharatna” PSU through one of its highest coal producing subsidiary whose mines are Asia’s largest coal mines and are merely 250 kilometres from our Sarora (Tilda) Facility.

As of March 31, 2024, The company has have a wide distribution network in India which extends across 15 states and one union territory as of December 31, 2024.

The company has a widespread presence in the Indian states of Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana.

Sambhv Steel Tubes Limited's sales and marketing team comprises 23 personnel, as of July 31, 2024.

Products:


Sponge iron: Sponge iron is used for the manufacturing of crude steel (blooms/ slabs).
Blooms/ slabs (Mild steel and stainless steel): Blooms can be rolled into multiple long and flat finished products.
Narrow-width HR coil (mild steel and stainless steel): The majority of inhouse narrow-width HR coil to manufacture ERW black pipes and tubes. They also sell HR coils to other manufacturers who use HR coil as a raw material.
GI pipe: They sell GI pipes and tubes primarily to distributors and directly to various consumers, which include certain government projects.


Competitive Strengths:


The only single location backwards 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.
Wide-spreadwell-connected distribution network across India.
Well-positioned to take advantage of the growing demand for quality ERW steel pipes and tubes.
Experienced Promoters and management team with vast experience in the steel industry.
Track record of healthy financial performance.

Investment Objective

Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company; and

General corporate purposes.

₹82

Price Band

14.9K

Min Investment

182 shares

Lot Size

44.54x

P/E Ratio

Important Dates

Issue Opens

25 Jun 2025

Issue Closes

27 Jun 2025

Allotment

30 Jun 2025

Listing

2 Jul 2025

Financial Performance
Offer Documents
RHP
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Issue Details
Issue TypeBB
Face Value₹10
Lead Managers
Nuvama Wealth Management Limited
Motilal Oswal Investment Advisors Limited
Min Quantity182
Max Quantity6,097
Company Promoters
Brijlal Goyal
Suresh Kumar Goyal
Vikas Kumar Goyal
+3 more
Website

http://www.sambhv.com/

Email

cs@sambhv.com

Phone+91 771 2222 360
Address

Sambhv Steel Tubes Limited
Office No. 501 to 511,
Harshit Corporate,
Amanaka
Raipur, Chhattisgarh, 492001