IPO Details
Bidding Dates
25 Jun 25 - 27 Jun 25
Lot Size
182
Price Range ₹
77 - 82
Exchange Status
BSE,NSE
Total Equity
₹ 0.00 Cr
IPO Doc
IPO Timeline
Offer start
25 Jun 2025
Offer end
27 Jun 2025
Allotment
30 Jun 2025
Refund initiation
01 Jul 2025
Demat transfer
01 Jul 2025
Listing
02 Jul 2025
Offer start
25 Jun 2025
Offer end
27 Jun 2025
Allotment
30 Jun 2025
Refund initiation
01 Jul 2025
Demat transfer
01 Jul 2025
Listing
02 Jul 2025
About Company
Incorporated in 2017, Sambhv Steel Tubes Limited is a Raipur-based manufacturer of electric resistance welded (ERW) steel pipes and structural tubes. The company operates a strategically located, backward-integrated facility in Sarora (Tilda), Chhattisgarh, enabling efficient access to raw materials like iron ore and coal from nearby public sector mines. Sambhv serves a broad customer base across 15 states and 1 union territory in India, offering products such as sponge iron, blooms/slabs, HR coils, and GI pipes. With a focus on process innovation, strong distribution, and an experienced management team, the company has shown consistent financial growth and is well-positioned to meet rising demand for quality steel tubes and pipes in infrastructure and industrial applications.
Year Founded
24-04-2017
Promotor Details
Suresh Kumar Goyal
Project Details
- Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Co - 390cr
Objectives
- Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company
- andGeneral corporate purposes.
Highlights
- Strategically located, backward-integrated manufacturing facility in Chhattisgarh enables better cost control and access to raw materials.
- Broad product portfolio including sponge iron, HR coils, GI pipes, and ERW steel tubes caters to diverse industrial needs.
- Wide distribution network across 15 states and 1 union territory ensures strong market reach and customer access.
- Steady financial performance with consistent revenue and profitability growth in recent years.
- Experienced promoters and management team with deep industry knowledge in steel manufacturing.
Challenges
- Significant rise in total borrowings from ₹241 crore in FY22 to ₹619 crore in Dec 2024, increasing financial leverage.
- Operations concentrated at a single location may expose the business to regional disruptions.
- Heavy reliance on public sector raw material suppliers may pose procurement risks.
- Exposure to fluctuations in steel prices and demand cycles can impact margins and profitability.
- Competitive pressure from established players in the steel and pipe manufacturing sector may limit pricing power.
