Sambhv Steel Tubes Limited (MAINBOARD)
June 25, 2025 – June 27, 2025
| Price | ₹77 - ₹82 |
| Premium | ₹7 |
|---|---|
| Lot size | 182 |
| Allotment | Jun 30, 2025 |
| Listing | Jul 2, 2025 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 182 | 14924 | 126055 |
| sHNI | 14 | 2548 | 208936 | 1286 |
| bHNI | 68 | 12376 | 1014832 | 2573 |
Sambhv Steel Tubes IPO Details
| Issue Size | [6,58,53,657] shares (aggregating up to ₹540.00 Cr) |
| Fresh Issue | [53658537] shares (aggregating up to ₹440.00 Cr) |
| Offer for Sale | [12195122] shares of ₹10 (aggregating up to ₹100.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 241,002,000 shares |
| Share Holding Post Issue | 29,46,60,536 shares |
Sambhv Steel Tubes IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Key Performance Indicator (KPI)
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 8.88% | 25.42% | 33.57% |
| ROCE | 7.67% | 17.66% | 20.20% |
| D/E | 1.3 | 0.8 | 1.35 |
| RONW | 8.88% | 25.42% | 33.57% |
| EPS (basic) | 1.69 | 3.79 | 3.01 |
| P/E Pre IPO | 23.97 | ||
| P/E Post IPO | 44.54 |
Company Financials In Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 1,411.8 | 940.1 | 552.1 | 458.5 |
| Revenue | 1,018.8 | 1,289.4 | 939.0 | 820.8 |
| Profit After Tax | 40.7 | 82.4 | 60.4 | 72.1 |
| EBITDA | 106.4 | 159.9 | 117.3 | 124.5 |
| Net Worth | 478.5 | 438.3 | 210.4 | 149.3 |
| Reserves and Surplus | 197.3 | 190.3 | 129.2 | |
| Total Borrowing | 619.2 | 346.9 | 282.8 | 241.3 |
About Company
Industry: Steel manufacturing
Primary Products:
Electric Resistance Welded (ERW) steel pipes
Structural tubes (hollow sections)
Manufacturing Facility Location:Village Sarora, Tehsil Tilda, Raipur, Chhattisgarh Strategically located in a mineral-rich region
Raw Material Procurement:
Iron ore: Sourced from a “Navratna” PSU mining company
Coal: Sourced from a “Maharatna” PSU via its high-producing subsidiary
Coal mines are ~250 km from the facility, aiding logistical efficiency
Distribution Network (as of March 31, 2024):
33 individual distributors
2 distributors operate through 6 branch offices
Total distribution points: 39
Presence in 15 states and 1 union territory
Geographical Reach Includes:
Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh, Telangana, and others
Sales & Marketing Team (as of July 31, 2024):
Total personnel: 23
Strength
Unique Backward Integration at a Single Site: The company operates the only fully backward-integrated facility at a single location in India, enabling better control over quality, cost, and production timelines.
Strategically Located Manufacturing Units: Its manufacturing plants are strategically positioned to maximize logistics efficiency, reduce costs, and enhance overall operational productivity.
Strong Innovation and Execution Capabilities: With a focus on process innovation and execution excellence, the company consistently delivers value-added products tailored to market demands.
Weakness
Under-Utilization of Production Capacity: Inefficient use of existing or expanded manufacturing facilities may impact growth potential and financial performance.
Raw Material Supply and Cost Risks: Shortages or rising prices of key inputs like iron ore, coal, and scrap metal could affect margins and disrupt operations.
Restrictive Financing Covenants: Debt agreements may limit business flexibility, potentially affecting expansion plans and the ability to respond quickly to industry changes.
Address
Office No. 501 to 511,
Harshit Corporate,
Amanaka
Raipur, Chhattisgarh, 492001
Phone: +91 771 2222 360
Email: cs@sambhv.com
Website: http://www.sambhv.com/