Brokers usually take bids until: Zerodha 4:45 PM, Groww 4:50 PM, Angel One and Upstox 5:00 PM (HNI 4:00 PM). Check the exact time with your broker or bank.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Repayment of borrowings
Prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the company.
General corporate purposes
Balance net proceeds for general corporate purposes.
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
Sambhv Steel Tubes Limited, incorporated in 2017, manufactures electric resistance welded (ERW) steel pipes and structural tubes in India. Its manufacturing facility is located in Sarora, Tehsil Tilda, in Raipur district of Chhattisgarh, and the company describes itself as the only single-location, backward-integrated ERW pipe producer in the country, meaning it makes its own key raw material inputs at the same site rather than sourcing them externally. The company's installed capacity has grown substantially, from around 1.12 million tonnes per annum as of March 2024 to about 1.7 million tonnes per annum by March 2025. Its products serve a wide range of end markets including housing and construction, water supply, agriculture, automotive, telecom, oil and gas, engineering, solar and fire safety. It sells through a distribution network of dozens of distributors reaching hundreds of dealers and OEM customers across more than a dozen Indian states. Revenue and profit have grown steadily over the past several years as capacity utilization improved, though the company also carries a meaningful debt load tied to its capacity expansion. Its promoter group is the Goyal family, who have built the business from its founding in Raipur. Demand for its products is closely linked to construction, infrastructure and industrial activity in India.
Sambhv Steel Tubes raised about Rs 161 crore from anchor investors at the IPO cap price of Rs 82 per share. The anchor book included investors such as WhiteOak Capital Mutual Fund, Ashoka India, Motilal Oswal Mutual Fund, Citigroup Global, Nomura Singapore, Societe Generale and BNP Paribas Financial Markets.
Source: RHP • Analysis provided for informational purposes
Last Updated: 13 July 2026, 5:30 AM
Backward-integrated manufacturing
The company is a single-location, backward-integrated ERW pipe producer, making its own key raw material inputs rather than relying on external suppliers.
Large and growing capacity
Installed capacity has expanded significantly in recent years, positioning the company to capture rising demand for steel pipes.
Broad distribution reach
The company sells through dozens of distributors reaching hundreds of dealers and OEM customers across many Indian states.
Diversified end markets
Products serve construction, water supply, agriculture, automotive, telecom, oil and gas, engineering and solar sectors, reducing dependence on any one segment.
Experienced promoter-led management
The Goyal family promoter group has built and grown the business since its founding, with deep sector experience.
Underutilized capacity
Recently expanded manufacturing capacity may take time to be fully utilized, which could weigh on near-term profitability.
Raw material price volatility
The business depends on inputs such as iron ore, coal and steel scrap, whose prices can be volatile and affect margins.
Supplier concentration risk
Reliance on suppliers without long-term formal agreements creates exposure to supply disruptions.
Sambhv Steel Tubes Limited
No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.
Geographic concentration
Operations are concentrated in a limited set of regions, making the business more exposed to regional demand or regulatory shifts.
Utility dependence
Manufacturing operations depend on a stable supply of power and water, and any disruption could affect production.