Sambhv Steel

Sambhv Steel IPO

Sambhv Steel IPO Price Range is ₹77 - ₹82, with a minimum investment of ₹14,924 for 182 shares per lot.

Subscription Rate

28.457x

Minimum Investment

₹14,924

/ 182 shares

IPO Status

Closed

Price Band

₹77 - ₹82

Bidding Dates

Jun 25, 2025 - Jun 27, 2025

Issue Size

₹540.00 Cr

Lot Size

182 shares

Min Investment

₹14,924

Listing Exchange

NSE

Sambhv Steel IPO Application Timeline

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Open Date25 Jun 2025
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Close Date27 Jun 2025
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Allotment Date30 Jun 2025
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Listing Date2 Jul 2025

IPO Subscription Status

IPO subscribed over

🚀 28.457x

This IPO has been subscribed by 7.992x in the retail category and 62.315x in the QIB category.

Subscription Rate

Total Subscription28.457x
Retail Individual Investors7.992x
Qualified Institutional Buyers62.315x
Non Institutional Investors31.819x
NameSambhv Steel

Objectives of IPO

  1. Repayment of Borrowings: The company plans to utilise ₹390 crore from the net proceeds to pre-pay or repay, either partially or fully, certain loans availed by it. As of April 30, 2025, the company’s total outstanding borrowings stood at ₹554.59 crore, comprising ₹549.06 crore of fund-based borrowings and ₹5.53 crore of non-fund-based borrowings.
  2. General corporate purposes: The company intends to use the funds for general corporate purposes, including consultant fees, business development, capital expenditure, operational expenses, salaries, administration, taxes, and other routine business needs.

Financial Performance of Sambhv Steel

*Value in ₹ crore
*Value in ₹ crore
*Value in ₹ crore
DetailsFY22FY23FY24
Total Revenue820.759391,289.38
Total Assets458.51552.14940.13
Total Profit72.1160.3882.44

How to Apply for Sambhv Steel IPO on INDmoney

  1. Download the INDmoney app and complete your KYC.
  2. Go to INDstocks → IPO, or just search “IPO”.
  3. Tap on Sambhv Steel IPO from the list of live IPOs.
  4. View key details like price band, lot size, and dates.
  5. Tap Apply Now and choose your number of lots.
  6. Use INDpay UPI for instant mandate tracking.
  7. Your funds will be blocked until the share allotment is finalized.

Listed Competitors of Sambhv Steel

APL Apollo Tubes Limited

APL Apollo Tubes Limited

APL Apollo Tubes Limited is India's largest manufacturer of structural steel tubes, with a production capacity of 3.6 million tonnes per annum. They produce a wide range of steel tubes and pipes, including pre-galvanised, galvanised, MS black pipes, and hollow sections. With a vast distribution network and 11 manufacturing units, APL Apollo caters to both domestic and international markets.

Surya Roshni Limited

Surya Roshni Limited

Surya Roshni Limited has emerged as India’s largest ERW Pipes exporter, largest GI Pipes producer, and the second largest in the lighting segment. Its focus is on developing the value-added product mix (3LPE Coated pipes, Alkyd pipes, etc.)

Hi-Tech Pipes Limited

Hi-Tech Pipes Limited

Hi-Tech Pipes Limited is a manufacturer and supplier of electric resistance welding (ERW) steel pipes, cold rolled strips, and related engineering products.

Sambhv Steel Shareholding Pattern

Promoter 36.97%
NameRoleStakeholding
Suresh Kumar GoyalPromoter7.69%
Vikas Kumar GoyalPromoter7.69%
Brijlal GoyalPromoter7.69%
Rohit GoyalPromoter3.09%
Sheetal GoyalPromoter7.92%
Shashank GoyalPromoter2.89%
Promoter Group 34.75%
NameRoleStakeholding
Suman GoyalPromoter Group7.93%
Kaushlya GoyalPromoter Group7.92%
Ashish GoyalPromoter Group7.69%
Manoj Kumar GoyalPromoter Group5%
Goyal Realty & Agriculture Private LimitedPromoter Group3.15%
Harsheet GoyalPromoter Group3.06%
Public 15.89%
NameRoleStakeholding
Bhavesh KhetanPublic1.94%
Neha GuptaPublic4.14%
Archana GoyalPublic7.92%
Rinku GoyalPublic1.89%
Others12.39%

About Sambhv Steel

Sambhv Steel, incorporated on April 24, 2017, in Chhattisgarh, began with sponge iron production but later shifted focus to manufacturing steel tubes and pipes. The company now produces mild steel (MS) pipes, galvanised iron (GI) pipes, and hollow sections used in water transportation, scaffolding, greenhouses, structural frameworks, and furniture. Over time, it has rebranded and expanded its product range to cater to diverse industrial and infrastructure needs across India.

Sambhv Steel has built a strong distribution network serving dealers, fabricators, contractors, and institutional clients. To support growing demand, it has invested in automated production lines, in-house galvanising, pickling, cold forming, and quality testing facilities. As of March 31, 2024, it ranks among India’s key manufacturers of electric resistance welded (ERW) pipes and structural tubes, with a 2% market share in the domestic ERW segment.

Products & Services

ProductSteel pipes, tubes, and coils
Known ForIntegrated manufacturer of ERW steel pipes and tubes
Top ProductsERW black pipes and tubes, Blooms/Slabs, GI (Galvanised Iron) pipes, Hot Rolled (HR) coils, Others (includes SS coils, GP pipes, etc.)

Frequently Asked Questions of Sambhv Steel IPO

What is the size of the Sambhv Steel IPO?

The size of the Sambhv Steel IPO is ₹540 Cr.

What is the allotment date of the Sambhv Steel IPO?

Sambhv Steel IPO allotment date is Jun 30, 2025 (tentative).

What are the open and close dates of the Sambhv Steel IPO?

The Sambhv Steel IPO will open on Jun 25, 2025 and close on Jun 27, 2025

What is the lot size of Sambhv Steel IPO?

The lot size for the Sambhv Steel IPO is 182.

When will my Sambhv Steel IPO order be placed?

Your Sambhv Steel IPO order will be placed on Jun 25, 2025

Can we invest in Sambhv Steel IPO?

Yes, once Sambhv Steel IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Sambhv Steel IPO?

The potential listing gains on the Sambhv Steel IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Sambhv Steel IPO?

'Pre-apply' for Sambhv Steel IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

Who are the promoters of Sambhv Steel?

The founder of Sambhv Steel is Shri Brijlal Goyal.

Who are the competitors of Sambhv Steel?

Sambhv Steel’s competitors include APL Apollo Tubes Limited, Surya Roshni Limited, and Hi-Tech Pipes Limited.

Is Sambhv Steel profitable?

Yes, Sambhv Steel is profitable and made ₹82.44 crore profit in FY24 and ₹40.69 crore profit in the first nine months of FY25 (April-December 2024). 

How does Sambhv Steel make money?

Sambhv Steel generates its primary revenue through the manufacturing and sale of steel products, including hot-rolled coils, cold-rolled coils, MS ERW pipes and tubes (both black and galvanised), and hollow section pipes.