Sambhv Steel Tubes IPO is a book-built issue IPO, aiming to raise ₹540.00 crore. It comprises a fresh issue of 5.37 crore equity shares aggregating to ₹440.00 crore and an offer for sale of 1.22 crore shares aggregating to ₹100.00 crore. The bidding window was open from June 25, 2025, to June 27, 2025, with the IPO allotment to be finalised on June 30, 2025. Sambhv Steel Tubes is scheduled to list on BSE and NSE on July 2, 2025.
The IPO was priced at a range of ₹77 – ₹82 per share with a lot size of 182 shares. The public issue received bids for 1,40,13,19,920 shares against 4,62,04,657 shares available, resulting in an overall subscription of 30.33 times. QIBs led the response, subscribing 66.36 times their quota, followed by NIIs at 33.88 times.
● Go to the application status page.
● Select "Equity and SME IPO bids".
● Choose "Sambhv Steel Tubes" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on Submit.
● Go to the application status page.
● Select "Equity" under the Issue Type.
● Choose "Sambhv Steel Tubes" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on “I am not a robot” and submit.
● Go to the registrar’s official website.
● Select "Sambhv Steel Tubes" from the company list.
● Enter your Client ID, Application Number, or PAN.
● Click on Submit.
Sambhv Steel Tubes' ₹540.00 crore IPO, priced between ₹77 – ₹82 per share, was subscribed 30.33 times overall. The IPO comprises a fresh issue of 5.37 crore equity shares aggregating to ₹440.00 crore and an offer for sale of 1.22 crore shares aggregating to ₹100.00 crore. Bidding took place from June 25 to June 27, 2025, with the Sambhv Steel Tubes IPO allotment status on June 30, 2025. Retail investors subscribed 8.56 and NIIs 33.88 times. Listing is expected on July 2, 2025.
The table below breaks down the Sambhv Steel Tubes share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
Investor Category | Shares Offered |
QIB Shares Offered | 3,27,74,388 (49.76%) |
− Anchor Investor Shares Offered | 1,96,64,633 (29.85%) |
− QIB (Ex. Anchor) Shares Offered | 1,31,09,755 (19.90%) |
NII (HNI) Shares Offered | 98,32,917 (14.93%) |
− bNII > ₹10L | 65,54,878 (9.95%) |
− sNII < ₹10L | 32,77,439 (4.98%) |
Retail Shares Offered | 2,29,42,073 (34.83%) |
Employee Shares Offered | 3,20,513 (0.49%) |
Total Shares Offered | 6,58,69,290 (100.00%) |
Data Source: NSE
Category | Subscription (times) |
Qualified Institutional Buyers | 66.36 |
Non-Institutional Investors | 33.88 |
Retail Individual Investors | 8.56 |
Employees | 5.71 |
Total shares | 30.33 |
Note: The subscription details are as of June 27, 2025
Sambhv Steel Tubes Limited was originally incorporated on 24 April 2017 in Chhattisgarh, India, as Sambhv Sponge Power Private Limited under the Companies Act, 2013. It was subsequently renamed Sambhv Steel Tubes Private Limited in February 2024 to better reflect its core business and later converted into a public limited company in July 2024.
The company is a prominent manufacturer of electric resistance welded (ERW) steel pipes and structural tubes in India, with a fully backward-integrated manufacturing facility located in Raipur, Chhattisgarh. It is the only player in the country with the capability to produce narrow width hot rolled coils in-house, enabling it to maintain quality control and cost efficiency across the value chain.
Sambhv Steel Tubes serves a diverse range of sectors including infrastructure, construction, automotive, and engineering. Its product portfolio includes ERW pipes, galvanised iron (GI) pipes, hot rolled coils, sponge iron, and steel door frames. The company has a growing distribution network across 15 states and one union territory and is expanding its footprint through new facilities and value-added product lines.
With a focus on operational excellence, vertical integration, and strategic expansion, Sambhv Steel Tubes aims to strengthen its position as a leading player in the Indian steel tubes and pipes industry, while delivering sustainable growth and long-term value to its stakeholders.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 27, 2025, 6:25 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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