
Manufacturing · NSE
Sambhv Steel Tubes Limited, established in 2017, is engaged in the manufacturing of electric resistance welded (ERW) steel pipes and structural tubes, also known as hollow sections, within India. Its manufacturing operations are based in Village Sarora, Tehsil Tilda, Raipur, located in the mineral-rich state of Chhattisgarh. The company sources iron ore from a "Navratna" public sector undertaking (PSU) mining company, while coal is procured from a "Maharatna" PSU through one of its top coal-producing subsidiaries. These coal mines, among the largest in Asia, are situated around 250 kilometres from the manufacturing facility, offering reliable and efficient access to key raw materials. As of March 31, 2024, the company has established a distribution network of 33 independent distributors. Two of these distributors operate through six branch offices, expanding Sambhv Steel Tubes' footprint to a total of 39 distributor points across 15 states and one union territory. The company has a strong presence in states such as Chhattisgarh, Maharashtra, Gujarat, Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh, and Telangana. By July 31, 2024, its sales and marketing team had grown to 23 members, supporting its outreach and expansion efforts across Indi
Price Band
₹77 – ₹82
Issue Size
₹540 Cr
Lot Size
182 shares
GMP
+17.1%
Est. Listing
₹96
at current GMP
Subscribed
30.31x
overall
Open
25 Jun 2025
Close
27 Jun 2025
Allotment
30 Jun 2025
Refund
1 Jul 2025
Demat Credit
2 Jul 2025
Listing
2 Jul 2025
Overall Subscription
30.31x
Total Demand
QIB Multiplier
26.54x
Institutions & Funds
NII / HNI
33.89x
High Net-Worth
Retail (RII)
8.51x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 32,774,390 | 869,984,024 | 26.54x |
| NIB | 9,832,317 | 333,174,478 | 33.89x |
| HNIs(10L +) | 6,554,878 | 234,823,862 | 35.82x |
| HNIs (2-10L) | 3,277,439 | 98,350,616 | 30.01x |
| RETAIL | 22,942,073 | 195,263,978 | 8.51x |
| EMPLOYEES | 320,513 | 1,829,828 | 5.71x |
| Total | 75,701,610 | 1,733,426,786 | 30.31x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 2,573 | 18,549 | 7.21x |
| HNIs (2-10L) | 1,286 | 36,630 | 28.48x |
| RETAIL | 126,055 | 926,197 | 7.35x |
| Employee | — | 7,421 | 0.00x |
| Total Applications | 129,914 | 988,797 | 7.61x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Sambhv Steel Tubes Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹540 Crores. The shares are offered at a price band of ₹77 to ₹82 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 182 shares (approx. ₹14,924 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-07-02, while un-allotted funds or UPI block mandates will be released on 2025-07-01.
The latest Grey Market Premium (GMP) for Sambhv Steel Tubes Limited IPO is ₹14 per equity share. Based on the upper price band of ₹77 to ₹82 per equity share, the estimated listing price is ₹96 (+17.1% expected listing gain).
With a lot size of 182 shares and current GMP of ₹14, the expected profit per application lot is approx ₹2,548 (+17.1% gain). Minimum application cost is approx ₹14,924.
The Sambhv Steel Tubes Limited IPO aggregate issue size is ₹540 Crores with an equity price band set at ₹77 to ₹82 per equity share. The retail lot size is 182 shares requiring a minimum capital outlay of approx. ₹14,924.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 30.31x (Retail: 8.51x, QIB: 26.54x, NII: 33.89x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-06-30. Investors can verify status using PAN card or application number.
Sambhv Steel Tubes Limited shares are scheduled to list on NSE on 2025-07-02.