Archive · 24 Jun 2025
Sambhv Steel Tubes IPO Opens June 26, Seeking ₹540 Crore
Sambhv Steel Tubes, which makes steel pipes, is selling new shares to raise ₹540 crore.
The money will go towards paying off some debts.
The IPO starts June 26th, and shares will cost between ₹77 and ₹82 each.
The company makes pipes and tubes used in construction and infrastructure.
If you buy the shares, you need to invest at least ₹14,924.
The company plans to list its shares on stock exchanges around July 2, 2025.
Sambhv Steel Tubes IPO launches June 26, aiming to raise ₹540 crore.
The IPO includes a fresh issue of ₹440 crore and an offer for sale of ₹100 crore.
Price band is set at ₹77 to ₹82 per share; retail investors can apply for a minimum of ₹14,924.
Company is a key ERW steel pipes and tubes manufacturer with a single-location facility.
Funds will prepay borrowings and for general corporate purposes; listing expected July 2, 2025.
- Who
- Sambhv Steel Tubes, a steel pipe manufacturer.
- What
- Sambhv Steel Tubes is launching an IPO.
- When
- The IPO opens June 26, 2025.
- Where
- BSE and NSE.
- Why
- To raise funds for debt repayment and general corporate purposes.
- IPO Open Date
- June 26, 2025
- Issue Size
- ₹540 crore
- Price Band
- ₹77 to ₹82 per share
- Listing Exchange
- BSE, NSE
- Company Overview
- Key manufacturer of ERW steel pipes and structural tubes in India
- Listing Date (Tentative)
- July 02, 2025
Sources
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