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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Sambhv Steel Tubes Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹82
Per ShareLot Size
182 Shares
Minimum Investment
₹14,924
Issue Size
₹540 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
71.9%
Promoter Holding (Post-Issue)
56.14%
Issue Type
Book Building
ISIN
INE12NJ01018
According to the CRISIL Report, we are one of the key manufacturers of electric resistance welded ("ERW") steel pipes and structural tubes (hollow section) in India in terms of installed capacity as of March 31, 2024. According to the CRISIL Report, we are one of the two players in India manufacturing ERW steel pipes and tubes (along with hollow section pipes and tubes) using narrow-width HR coil, as of December 31, 2024. According to the CRISIL Report, we have a market share of approximately 2.00% in domestic ERW pipe segment as of fiscal 2024 (in terms of sales volume).
According to the CRISIL Report, the demand for domestic steel pipes and tubes is expected to have grown at a CAGR of 5-6% during Fiscals 2019-2025 to rise from 8.8 MTPA in Fiscal 2019 to 12.50-13.50 MTPA in Fiscal 2025, led by government initiatives to augment urban structural infrastructure and to infuse investments in the oil and gas sector. Going forward, domestic steel pipe demand is projected to increase to 18.50-20.50 MTPA in Fiscal 2029 at a 8-9% CAGR during the period between Fiscal 2025 and Fiscal 2029 on a high base.
Revenue, profit after tax and total assets across the last 2 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 65,869,291 equity shares of face value of Rs.10 each ("equity shares") of sambhv steel tubes limited (our "company" or the "company" or the "issuer") for cash at a price of Rs. 82 per equity share (including a premium of Rs. 72 per equity share) (the "offer price") aggregating to Rs. 540.00 crores (the "offer") comprising a fresh issue of 53,674,171 equity shares aggregating to Rs. 440.00 crores by the company (the "fresh issue") and an offer for sale of 12,195,120 equity shares of face value of Rs.10 each aggregating to Rs. 100.00 crores comprising an offer for sale of 1,219,512 equity shares aggregating to Rs.10.00 crores by shashank goyal, 1,219,512 equity shares of face value of Rs. 10 each aggregating to Rs. 10.00 crores by rohit goyal (together with shashank goyal, the "promoter selling shareholders"), 4,268,292 equity shares of face value of Rs. 10 each aggregating to Rs. 35.00 crores by kaushlya goyal, 1,219,512 equity shares of face value of Rs. 10 each aggregating to Rs.10.00 crores by harsheet goyal (together with kaushlya goyal, the "promoter group selling shareholders") and 4,268,292 equity shares of face value of Rs.10 each aggregating to Rs. 35.00 crores by rinku goyal (the "other selling shareholder", collectively with promoter selling shareholders and the promoter group selling shareholders, the "selling shareholders", and each individually, as a "selling shareholder" and such offer for sale of equity shares by the selling shareholders, the "offer for sale"). The offer includes a reservation of 320,512 equity shares of face value of Rs. 10 each, aggregating to 2.50 crores (constituting 0.11 % of the post-offer paid-up equity share capital), for subscription by eligible employees (as defined hereinafter) ("employee reservation portion"). such portion did not exceed 5% of the post-offer equity share capital of the company. the offer less the employee reservation portion is hereinafter referred to as the "net offer". The company in consultation with the brlms, offered a discount of 4.88% to the offer price (equivalent of Rs.4 per equity share) to eligible employees bidding in the employee reservation portion ("employee discount"). the offer and the net offer constitutes 22.35% and 22.24%, respectively, of the post-offer paid-up equity share capital of the company. The face value of the equity share is Rs. 10 each and the offer price is 8.2 times the face value of equity shares. A discount of Rs. 4 per equity shares is being offered to eligible employees bidding in the employee reservation portion.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated on April 24, 2017 at Chhattisgarh, India as `Sambhv Sponge Power Private Limited', a private limited company under the Companies Act, 2013 and was granted a certificate of incorporation by the Registrar of Companies, Central Registration Centre on April 25, 2017. Subsequently, the name of our Company was changed to `Sambhv Steel Tubes Private Limited' pursuant to a special resolution adopted by our Shareholders on January 16, 2024 to more accurately reflect the nature of business of our Company, and a fresh certificate of incorporation consequent upon change of name was issued to our Company by the Registrar of Companies, Central Processing Centre on February 22, 2024. Our Company was then converted into a public limited company under the Companies Act, 2013 pursuant to a special resolution adopted by our Shareholders on April 24, 2024, consequent to which, the name of our Company was changed to `Sambhv Steel Tubes Limited' and a fresh certificate of incorporation, consequent upon change of name, was issued to our Company by the Registrar of Companies, Central Processing Centre on July 9, 2024.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25 to FY26.
*Subject to approvals and market conditions.