The Sambhv Steel Tubes IPO is set to open on June 25, 2025, and will close on June 27, 2025. This is a Book Built Issue through which the company aims to raise approximately ₹540 crores. The offering includes a fresh issue worth ₹440 crores and an offer for sale of up to 1,21,95,121 equity shares, each with a face value of ₹10.

The IPO price band has been fixed between ₹77 and ₹82 per share. The issue is allocated as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The shares are expected to be listed on the BSE and NSE on July 2, 2025, and the allotment date is scheduled for June 30, 2025.

In terms of financial performance, the company reported a revenue of ₹1,289.38 crores for the year 2024, compared to ₹939.00 crores in 2023. Net profit also rose to ₹82.44 crores in 2024 from ₹60.38 crores in the previous year. Based on these financials, the IPO is considered a strong option for long-term investors.

About Sambhv Steel Tubes IPO

Sambhv Steel is a prominent manufacturer of electric resistance welded (ERW) steel pipes and structural tubes in India. As of March 31, 2024, the company's installed production capacity positions it as a leading player in the industry, with the potential to rank among the top-tier manufacturers.

Their total production capacity stood at 1,122,400 MTPA as of March 31, 2024, and increased to 1,698,000 MTPA by March 31, 2025, reflecting their growth in high-quality steel product manufacturing. The company also boasts an extensive distribution network, operating across 15 Indian states and one union territory. Additionally, Sambhv Steel produces narrow-width hot rolled (HR) coils, which are used in the production of ERW black pipes and tubes, tailored to meet specific thickness requirements of customers.

Their product offerings are designed to serve a wide range of industries and applications, including housing, water distribution, agriculture, automotive, telecommunications, oil and gas, engineering, solar energy, fire protection, and conveyor systems.

Objects of the Issue (JNK India IPO Objectives)

• Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Company; and
• General corporate purposes

JNK India IPO Review (Apply)

• IPO Watch – May Apply
• Canara Bank
• DRChoksey FinServ
• Emkay Global
• Hem Securities
• IDBI Capital
• Marwadi Shares
• Nirmal Bang
• SBICAP Securities
• Sharekhan
• SMC Global
• Sushil Finance
• Swastika Investmart
• Ventura Securities
• Geojit
• Reliance Securities
• Capital Market
• BP Wealth
• ICICIdirect
• Choice Broking

Sambhv Steel Tubes IPO Company Financial Report

Sambhv Steel Tubes IPO Company Financial Report