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IPO Analysis > sambhv-steel-tubes-ipo-mainboard

 

Sambhv Steel Tubes IPO Review: Is This the Right Time to Apply?

India’s steel pipe demand is expected to touch 18.5–20.5 million tonnes by 2029. Sambhv Steel Tubes Ltd has been running its operations in this booming sector. 

With deep roots in the steel industry, the company will make its public debut. If you’ve been waiting to invest in India’s development, this IPO might be worth watching.

The IPO lead managers are Motilal Oswal Investment Advisors and Nuvama Wealth Management. The registrar of the Sambhv Steel Tubes IPO is Kfin Technologies

Check out its Sambhv Steel DRHP and RHP for more details.

Note: For 50% of the shares, the anchor lock-in period expires 30 days following the actual allocation, and for the remaining part, it ends 90 days later.

Sambhv Steel Tubes IPO: Company Profile

What sets Sambhv Steel Tubes apart is its rare backward-integrated setup, all run from one location in Raipur. It produces narrow-width HR coils in-house using high-tech processes. Investors should track the Sambhv Steel IPO listing price and the Sambhv Steel Tubes Limited IPO GMP before applying for this steel player’s IPO.


Particulars

Details

Established

2017


Managing Director 

Vikas Kumar Goyal

Product Range

Stainless steel CR coil, Galvanised (GP) coil, Pre-galvanised (GP) pipes, Stainless steel HRAP coil, Stainless steel blooms, Stainless steel slabs, and HR coil

Headquartered

Raipur, Chhattisgarh 

Competitors

Surya Roshni Ltd, Hariom Pipes Industries Ltd, Rama Steel Tubes Ltd, JTL Industries Ltd, APL Apollo Tubes Ltd, Hi-Tech Pipes Ltd

Manufacturing Capacity (as of 31 December 2024)

1.7 million tonnes per annum


Exploring Sambhv Steel Tubes IPO

Get a complete and easy review of the Sambhv Steel Tubes IPO right here.


  • Sambhv Steel IPO Date

The bidding window is open, and you can check the recent Sambhv Steel Tubes IPO GMP today, later in this blog. Here’s what you should know about Sambhv Steel Tubes IPO.


Key Event

Date

Bidding Window Starts

25 June 2025

Final Day to Apply

27 June 2025

UPI Payment Authorisation Deadline

27 June 2025 (5 PM)

Date for Finalising Allotment

30 June 2025

Refunds Begin (if not allotted)

01 July 2025

Equity Shares Credited to Demat Accounts

01 July 2025

Listing of Shares on the Stock Exchange

02 July 2025

Last Date for UPI Mandate Validity

12 July 2025

Anchor Investors Lock-in Ends (50% Portion)

30 July 2025

Lock-in Ends for Remaining Anchor Investor Shares

28 September 2025


  • Sambhv Steel Tubes IPO size 

Sambhv Steel IPO GMP is mentioned below. Along with that, you should also check out how much money Sambhv Steel Tubes is looking to raise.


Particulars

Number of Equity Shares

Aggregate Value

Fresh Issue

Not Disclosed

₹ 4,400.00 million

Offer for Sale

Not Disclosed

₹ 1000.00 million

Overall Issue

Not Disclosed

₹ 5,400.00 million


  • Objectives of the offer

See how the capital raised will be spread across Sambhv Steel Tubes' operations.


Purpose of Fund Use

Planned Fund Allocation (₹ in Crores)

Planned Spending FY 2026 (₹ in Crores)

Planned Spending FY 2027 (₹ in Crores)

Loan repayment or early closure of selected borrowings

390.00 (88.64%)

390.00 (88.64%)

Nil

Business-related general spending

Not Disclosed

Not Disclosed

Not Disclosed


  • Other takeaways from the Sambhv Steel share price

After checking the GMP, here’s where to track the stock price today.


Particulars

Description

Face value of each share

₹10

Price Range

₹77 – ₹82

Listed At

NSE and BSE


  • Categorisation of different investors

Know the investor categories and how the offer is being shared.


Criteria

Employees

QIB

NII

RII

Share Allocation

Not Disclosed

Not Disclosed

Not Disclosed

Not Disclosed

Minimum Bid

Not Disclosed

Bid above ₹2,00,000

Bid above ₹2,00,000

Not Disclosed

Maximum Bid

Up to ₹5,00,000 worth

Within the Net Offer size

Within applicable limits

Capped at ₹2,00,000



Opening a demat account today is quick and can be done online with top brokers. Some of them don’t even charge for opening the account, and the yearly fees are quite low, too.


If you apply for the Sambhv Steel Tubes Ltd IPO and get shares, they’ll be added straight to your demat account. But before you apply, check the Sambhv Steel Tubes IPO GMP.

Sambhv Steel Tubes IPO details: Key Financials

Let’s look at the profits and progress Sambhv Steel Tubes has made so far.


Particulars

Dec 31, 2024 (Consolidated)

FY 2024 (Standalone)

FY 2023 (Standalone)

FY 2022 (Standalone)

CAGR (FY22–FY24)

Revenue from Operations

10,160.92

12,857.57

9,372.20

8,193.49

25.27%

Total Income

10,188.06

12,893.75

9,390.04

8,207.53

25.34%

EBITDA

1,063.67

1,598.72

1,173.00

1,245.15

13.31%

Profit After Tax (PAT)

406.85

824.39

603.83

721.08

6.92%

Debt

6,214.60

3,505.40

2,850.53

2,416.40

20.44%

Capital Employed

11,279.00

8,075.72

5,096.57

4,006.39

41.98%


Metrics of Sambhv Steel Tubes IPO


Metric

Dec 31, 2024 (Consolidated)

FY 2024 (Standalone)

FY 2023 (Standalone)

FY 2022 (Standalone)

Gross Profit Margin (%)

30.46

28.43

25.66

24.35

EBITDA Margin (%)

10.47

12.43

12.52

15.20

PAT Margin (%)

4.00

6.41

6.44

8.80

Fixed Asset Turnover Ratio

1.35

3.82

3.19

3.48

Debt to EBITDA

5.84

2.19

2.43

1.94

Return on Equity (ROE) (%)

8.88

25.42

33.57

63.65

Return on Capital Employed (%)

7.67

17.66

20.20

28.90

Working Capital Days (Days)

58

41

57

47

EBITDA per ton (in ₹)

5,346.25

7,160.70

7,421.54

7,911.47


Strengths and risks

See what’s working for Sambhv Steel Tubes and what might need caution.


Strengths


  • The promoters and top team know the steel business inside out.

  • They use advanced in-house tech like AOD and ladle refining.

  • It runs a fully backward-integrated facility, which means better cost control and fewer dependencies.

  • With India’s infrastructure growing fast, demand for steel pipes is rising.


Risks


  • The company depends heavily on a few raw material suppliers and doesn't have long-term contracts with them.

  • Iron ore and coal prices can swing quickly, and any shortage or cost spike can impact business.

  • Most of its sales are concentrated in North and West India. So, any regional disruptions could slow things down.

  • Returns are falling as lower EBIT and a bigger capital base could reduce profitability. 

Should you apply for the Sambhv Steel Tubes IPO?

As of 25 June 2025, the Sambhv Steel Tubes IPO GMP is ₹5. Sambhv Steel Tubes is the only player in India that runs a backward-integrated steel pipe and tube manufacturing setup from Raipur. If you're thinking about applying, know the Sambhv Steel IPO listing price and Sambhv Steel Tubes Limited GMP regularly.


Also, get a Sambhv Steel Tubes IPO review by looking at its financial data, price trends, and other details. Click here if you’re ready to begin your Sambhv Steel Tubes IPO application.


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