Sambhv Steel Tubes came to market through an IPO that opened on 25 June 2025 and closed on 27 June 2025, and the shares listed on 2 July 2025 on BSE, NSE. The price band was ₹77 to ₹82 per share and one lot was 182 shares, so the minimum application was ₹14,924. The issue size was ₹540 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
Kfin Technologies Limited was the registrar to the issue, and Nuvama Wealth Management Limited, Motilal Oswal Investment Advisors Limited were the lead managers.
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Incorporated in 2017, Sambhv Steel Tubes Limited is a producer of electric resistance welded (ERW) steel tubes and structural tubes (hollow section) in India. The manufacturing unit of the company is situated at Village - Sarora, Tehsil Tilda, Raipur (Sarora (Tilda) Facility) of the mineral-abundant state of Chhattisgarh.
The iron ore of the company comes 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 just 250 kilometres away from our Sarora (Tilda) Facility. As of March 31, 2024, The company has 33 independent distributors with two distributors operating through six branches in 15 states and one union territory increasing the distributor network to 39.
The company has a vast reach in the Indian states of Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana. Sales and marketing staff of Sambhv Steel Tubes Limited consist of 23 personnel, as of July 31, 2024.
As described in the offer document.
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Sambhv Steel Tubes raises Rs 161 crore through anchor book. Whiteoak Capital Mutual Fund, Ashoka India, Motilal Oswal MF, Niveshaay Sambhav Fund, Saraswati Commercial (India), Astrone Capital, Citigroup Global, Nomura Singapore, Societe Generale, and BNP Paribas Financial Markets are some of the institutional investors involved in the anchor book.
Brijlal Goyal, Suresh Kumar Goyal, Vikas Kumar Goyal, Sheetal Goyal, Shashank Goyal, Rohit Goyal.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Sambhv Steel Tubes IPO was a ₹540 crore book-built issue, comprising a fresh issue of ₹440 crore and an offer for sale of ₹100 crore. It was priced at ₹77–₹82 per share with a lot size of 182 shares (₹14,924). The IPO was open from June 25 to June 27, 2025. Shares listed on BSE and NSE on July 2, 2025 at ₹110, a 34.1% premium to the issue price of ₹82. Kfin Technologies Limited is the registrar.
Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Limited are the book running lead managers.
The price band of Sambhv Steel Tubes IPO is ₹77 to ₹82 per share.
The lot size of Sambhv Steel Tubes IPO is 182 shares.
The minimum investment for Sambhv Steel Tubes IPO is approximately ₹14,924 based on the upper price band.
The allotment date of Sambhv Steel Tubes IPO is Jun 30, 2025.
Sambhv Steel Tubes IPO's final recorded GMP before listing was ₹13 per share (a 16% premium over the ₹82 upper price band). The shares listed at ₹110. GMP is unofficial and does not forecast or guarantee the actual listing price.
Sambhv Steel Tubes IPO listed on Jul 2, 2025. It was issued at ₹110.0(NSE) and is currently around ₹153.71 as on 30-Oct-2026 3:30 PM, which is approximately 87.5% versus issue price. The 52-week high is ₹175.50.
You can check Sambhv Steel Tubes IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sambhv Steel Tubes IPO allotment status on Rupix for quick and easy access.
₹77 to ₹82 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 182 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,924.
₹14,924, for one lot of 182 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 25 June 2025 and closed on 27 June 2025.
The basis of allotment was published on 30 June 2025 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 2 July 2025 on BSE, NSE.
The issue size was ₹540 crore. The fresh issue was 5,36,58,536 shares (aggregating up to ₹440 crore). The offer for sale was 1,21,95,121 shares (aggregating up to ₹100 crore).