Sambhv Steel Tubes IPO 2025 | Dates, Price Band, GMP ₹8
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Thinking about bidding on the Sambhv Steel Tubes IPO? You’ve come to the right place. We’ve broken down every single detail—dates, price band, Sambhv Steel Tubes IPO GMP, company background, financials, peer comparison, plus simple steps to apply. Let’s dive in.
Quick Highlights
Issue Size: ₹540 Crore
Fresh Issue: ₹440 Cr
Offer For Sale (OFS): ₹100 Cr
IPO Dates: June 25–27, 2025
Price Band: ₹77–₹82 per share
Lot Size: Minimum 150 shares (or as per your broker’s lot)
Grey Market Premium (GMP): ₹8
Expected Listing: July 2, 2025, on BSE & NSE
A ₹8 Sambhv Steel Tubes IPO GMP signals healthy demand ahead of listing day.
About Sambhv Steel Tubes Limited
Inception & Base: Originally Sambhv Sponge Power Pvt. Ltd., established in Raipur, Chhattisgarh.
Business Model: Integrated manufacturer of steel tubes and pipes, spanning sponge iron, blooms/slabs, HR coils, and GI tubes.
Subsidiary: Operates through Sambhv Tubes Pvt. Ltd. for value-added pipe products.
Growth Focus: Funds raised will expand capacity, pare down debt, and support general corporate needs.
Key Products & Segments
Sponge Iron: Foundation for crude steel production.
Blooms & Slabs: Semi-finished steel for further processing into pipes.
Narrow-Width HR Coils: Used in-house for ERW pipe production; surplus sold externally.
GI Pipes & Tubes: Cater to distributors, end-users, and select government projects.
Financial Snapshot (As of Dec 31, 2024 & Mar 31, 2024)
Total Assets:
Mar 2024: ₹940 Cr → Dec 2024: ₹1,411 Cr
Revenue:
Mar 2024: ₹1,289 Cr → Dec 2024: ₹1,019 Cr
Profit After Tax (PAT):
Mar 2024: ₹82 Cr → Dec 2024: ₹41 Cr
Net Worth:
Mar 2024: ₹438 Cr → Dec 2024: ₹478 Cr
Borrowings:
Mar 2024: ₹347 Cr → Dec 2024: ₹619 Cr
Rapid asset growth reflects ongoing capacity expansion, though PAT dipped seasonally—keep full-year context in mind.
Sambhv Steel Tubes IPO GMP & Price Band
Price Band: ₹77–₹82 per share
Grey Market Premium (GMP): ₹8
Implied Listing Price Estimate: ~₹90 (≈10% upside)
A strong ₹8 Sambhv Steel Tubes IPO GMP shows solid investor confidence before the IPO opens.
📝 How to Apply
Demat & Trading Account: Ensure your account is active.
Place Bid: Select Sambhv Steel Tubess IPO, choose lots of 150 shares (or broker-specified lot), and bid within ₹77–82.
Payment: Use UPI or net banking when your bid is confirmed.
Allotment Status: Check on or around June 30, 2025, via the registrar’s portal.
Listing Day: Look for your shares on BSE & NSE around July 2, 2025.
🤝 Peer Comparison
Sambhv Steel Tubes: EPS ₹3.79, P/E 21.6×
APL Apollo Tubes: EPS ₹26.40, P/E 68.5×
Hariom Pipes: EPS ₹20.34, P/E 21.2×
Hi-Tech Pipes: EPS ₹3.25, P/E 35.5×
JTL Industries: EPS ₹6.63, P/E 10.2×
Rama Steel Tubes: EPS ₹0.50, P/E 24.3×
Industry Avg P/E: 38.3×
At ~21.6×, Sambhv’s P/E sits well below the industry average—an indicator of relative undervaluation.
⚖ IPO Strengths & Risks
Strengths
Diversified product mix, from sponge iron to GI pipes
Fully integrated manufacturing setup
Subsidiary-led growth in higher-margin segments
Healthy grey market indication (GMP ₹8)
Risks
Cyclical steel prices could squeeze margins
First-time IPO: no track record on secondary markets
High debt levels post-issue require careful scrutiny
Dependent on industrial and infrastructure demand cycles
❓ Top FAQs
Q: When is the Sambhv Steel Tubes IPO GMP date?
A: June 25–27, 2025.Q: What’s the price band?
A: ₹77–₹82 per share.Q: How big is the issue?
A: ₹540 Cr (₹440 Cr fresh + ₹100 Cr OFS).Q: What’s the Sambhv Steel Tubes IPO GMP?
A: ₹8.
A: BSE & NSE, expected around July 2, 2025.