sambhv steel tubes limited IPO
IPO Overview
Sambhv steel tubes limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹82 per share, and retail investors can apply with a minimum investment of ₹14.9K as per IPO guidelines.
The Sambhv steel tubes limited IPO opens on 25 Jun 2025 and closes on 27 Jun 2025. The IPO allotment is expected to be finalized on 30 Jun 2025, and the equity shares are proposed to be listed on BSE, NSE on 2 Jul 2025.
Investors can refer to the Sambhv steel tubes limited IPO RHP-DRHP for detailed information. The issue is managed by Nuvama Wealth Management Limited,Motilal Oswal Investment Advisors Limited as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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
General corporate purposes.