Sambhv Steel Tubes IPO
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Sambhv Steel Tubes IPO details
About Sambhv Steel Tubes
Sambhv Steel Tubes, established in 2017 and headquartered in Raipur, Chhattisgarh, is engaged in the manufacturing of a diverse range of steel products. The company operates a fully backward-integrated production facility, giving it control over the entire value chain from raw materials to finished goods. It primarily produces electric resistance welded (ERW) steel pipes, hollow sections, and structural steel products. Recently, it has also ventured into stainless steel coils. Sambhv caters to industries like infrastructure, automotive, engineering, and construction. With a strategic location and expanding capacity, the company aims to serve both domestic and international markets efficiently.
Financials of Sambhv Steel Tubes
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹540 crores |
| Fresh Issue | ₹440 crores |
| Offer for sale | ₹100 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment of loans | 390 (88.6%) |
| General corporate purposes | – |
Strengths
- Fully backward-integrated operations ensure better control over costs and quality.
- Strategically located in central India for efficient distribution across the country.
- Diversified product offerings catering to multiple industries.
- Strong revenue growth in recent years with expanding operational capacity.
- Positive workplace culture with “Great Place to Work” recognition in 2025.
Risks
- High dependence on the infrastructure and construction sectors for revenue.
- Exposure to volatility in raw material prices and global steel demand.
- Ongoing capital expenditure may affect liquidity and debt levels.
- Operates in a highly competitive industry with margin pressure.
- Regulatory or environmental compliance may lead to additional operational costs.