Sambhv Steel Tubes IPO allotment status likely today: Here's how to check
The IPO comprised a fresh issue of Rs 440 crore and an offer for sale of Rs 100 crore, with the shares priced at Rs 82 each.
Subscription details
As per exchange data, the Qualified Institutional Buyer (QIB) segment was subscribed a massive 66.36 times, while Non-Institutional Investors (NII) subscribed 33.88 times, and the retail category received 8.56 times the allocated shares. The company also raised Rs 161.25 crore from anchor investors a day before the IPO opened.
How to Check
Sambhv Steel Tubes IPO allotment status
: Investors can check their application status through the following two official methods:
Live Events
Via Registrar's Website (KFin Technologies):
Go to:
https://ris.kfintech.com/ipostatus/
Select "Sambhv Steel Tubes Limited" from the dropdown
Enter one of the following: PAN / Application Number / DP Client ID
Click "Search" to view your allotment status
Via BSE Website:
Go to:
https://www.bseindia.com/investors/appli_check.aspx
Select "Equity" under issue type
Select "Sambhv Steel Tubes Limited" from the dropdown
Enter PAN and application number
Click "Search" to know your status
The refunds for unallotted shares will be processed on July 1 and the shares will be credited to demat accounts on July 1. The Listing is scheduled on Wednesday, July 2, 2025
About the Company
Sambhv Steel Tubes, incorporated in 2017, manufactures ERW steel pipes and structural tubes from its backward-integrated facility in Chhattisgarh. It serves various infrastructure, construction, and industrial sectors across 15 Indian states and one union territory.
Backed by strong fundamentals and a track record of steady financial performance, Sambhv reported a profit after tax of Rs 82.44 crore in FY24 and holds a market capitalisation of Rs 2,416 crore at the issue price.
With strong subscription data and steady financials, investors will closely watch its debut on July 2.
(
Disclaimer
: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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