Latest news with #SambhvSteelTubesLimited
Business Upturn
14-07-2025
- Business
- Business Upturn
Sambhv Steel Tubes Q1 FY26 sales volume jumps 50% YoY to 92,706 tonnes on strong high-value product growth
By Aditya Bhagchandani Published on July 14, 2025, 17:48 IST Sambhv Steel Tubes Limited reported a robust 50% year-on-year growth in total sales volume for the first quarter of FY26, reaching 92,706 tonnes, compared to 61,908 tonnes in Q1 FY25. The company highlighted strong traction in high-value product categories, especially Pre-Galvanised (GP) Coils and Pipes and Stainless Steel Coils, underscoring its strategic focus on premium offerings. In the value-added products segment, sales stood at 79,717 tonnes in Q1 FY26, up from 54,267 tonnes in the same period last year. Notably, Pre-Galvanised (GP) Coils and Pipes contributed 19,984 tonnes, and Stainless Steel Coils contributed 9,439 tonnes, categories where no sales were reported in the corresponding quarter of FY25. Sales of Structural Pipes and Tubes (including ERW black pipes, GI pipes, and CRFH Pipes) were 50,294 tonnes, slightly lower than 54,267 tonnes in Q1 FY25. In the intermediate products category, volumes rose to 12,989 tonnes from 7,641 tonnes in Q1 FY25, marking a healthy growth of over 70%. The company continues to benefit from its backward integration, enabling it to produce a diversified range of steel pipes, tubes, and coils at competitive costs. Sambhv operates two manufacturing facilities in Chhattisgarh with a combined capacity of 350,000 MTPA ERW pipes and tubes, 100,000 MTPA GP pipes, and 58,000 MTPA stainless steel coils. Sambhv distributes its products through 43 distributors across 15 states and one union territory, reaching customers via a network of over 700 dealers. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Economic Times
30-06-2025
- Business
- Economic Times
Sambhv Steel Tubes IPO allotment status likely today: Here's how to check
Subscription details Live Events About the Company (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The allotment status for Sambhv Steel Tubes Rs 540 crore IPO is expected to be finalized today. The IPO, which was open from June 25 to June 27, drew robust investor interest, getting subscribed 30.33 times overall. The listing is expected on 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 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 to Check Sambhv Steel Tubes IPO allotment status : Investors can check their application status through the following two official methods:Via Registrar's Website (KFin Technologies):Go to: Select "Sambhv Steel Tubes Limited" from the dropdownEnter one of the following: PAN / Application Number / DP Client IDClick "Search" to view your allotment statusVia BSE Website:Go to: Select "Equity" under issue typeSelect "Sambhv Steel Tubes Limited" from the dropdownEnter PAN and application numberClick "Search" to know your statusThe 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, 2025Sambhv 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 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 strong subscription data and steady financials, investors will closely watch its debut on July 2.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
30-06-2025
- Business
- Time of India
Sambhv Steel Tubes IPO allotment status likely today: Here's how to check
The allotment status for Sambhv Steel Tubes Rs 540 crore IPO is expected to be finalized today. The IPO, which was open from June 25 to June 27, drew robust investor interest, getting subscribed 30.33 times overall. The listing is expected on Wednesday. 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: 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: 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)
Fashion Value Chain
10-06-2025
- Business
- Fashion Value Chain
Sambhv Steel Participates in Global Stainless-Steel Expo 2025
Sambhv Steel Tubes Ltd., one of the key manufacturers of electric resistance welded (ERW) steel pipes and structural tubes (hollow sections) in India in terms of installed capacity as of March 31, 2024 (Source: CRISIL Report), successfully showcased its stainless-steel product portfolio at the prestigious Global Stainless-Steel Expo (GSS Expo) 2025. The event, held from June 4-6, 2025, at NESCO, Mumbai, is a platform for the stainless-steel industry, attracting manufacturers, buyers, consultants, OEMs, and infrastructure professionals from across the globe. Sambhv Management team along with the Chairman Mr. Suresh Goyal and CEO & MD Mr. Vikas Goyal Participating for the first time, Sambhv introduced its stainless-steel product range, which includes: Stainless Steel Blooms and Slabs Stainless Steel Hot Rolled Annealed & Pickled (HR AP) Coils Stainless Steel CR Coils With its backward-integrated facility in Chhattisgarh, Sambhv highlighted its ability to deliver stainless steel solutions across the value chain. 'GSS Expo 2025 has been an invaluable platform for us to connect with a highly engaged audience,' said Mr. Suresh Goyal, Chairman at Sambhv Steel. 'The interest shown by consultants, EPC partners, and fabricators reinforces our confidence in the market's demand for high-precision, corrosion-resistant stainless-steel solutions tailored for solar, construction, and industrial applications.' The Sambhv stall attracted significant attention for its product quality, technical displays, and engaging brand storytelling. Visitors appreciated the company's emphasis on innovation, sustainability, and reliability. This milestone marks an important chapter in Sambhv's marketing and branding strategy, underscoring its commitment to providing scalable and sustainable steel solutions that meet the evolving demands of India and international markets. About Sambhv Steel Tubes Limited According to CRISIL Report, Sambhv Steel Tubes Limited is one of the two players in India manufacturing ERW steel pipes and tubes (along with hollow section pipes and tubes) using narrow-width HR coil, as of March 31, 2024. It is the only player in India to manufacture narrow-width HR coil with backward integration capability, as of March 31, 2024. The Company's backward integration processes allow it to manufacture a range of finished products including ERW black pipes and tubes (hollow section) and galvanized iron ('GI') pipes, using intermediate products such as sponge iron, blooms/slabs and hot rolled ('HR') coil which are manufactured in-house. The installed capacity of ERW and GI pipes as of September 20, 2024 is 350,000 MTPA. Disclaimer SAMBHV STEEL TUBES LIMITED is proposing, subject to, receipt of requisite approvals, market conditions and other considerations, to undertake an initial public offer of its Equity Shares and has filed the DRHP dated September 30, 2024 and the corrigendum dated November 28, 2024 ('DRHP') with the Securities and Exchange Board of India ('SEBI'). The DRHP is available on the website of the Company at SEBI at websites of BSE Limited at and National Stock Exchange of India Limited at and the website of the book running lead managers, i.e. Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Limited at and respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section entitled 'Risk Factors' of the RHP, when filed. Potential investors should not rely on the DRHP for making any investment decision. This announcement does not constitute an offer of the Equity Shares for sale in any jurisdiction, including the United States, and the Equity Shares may not be offered or sold in the United States absent registration under the US Securities Act of 1933 or an exemption from registration. Any public offering of the Equity Shares to be made in the United States will be made by means of a prospectus that may be obtained from the Company and that will contain detailed information about the Company and management, as well as financial statements. However, the Equity Shares are not being offered or sold in the United States. About CRISIL Market Intelligence & Analytics CRISIL Market Intelligence & Analytics (CRISIL MI&A), a division of CRISIL Limited, provides independent research, consulting, risk solutions, and data & analytics to its clients. CRISIL MI&A operates independently of CRISIL's other divisions and subsidiaries, including, CRISIL Ratings Limited. CRISIL MI&A's informed insights and opinions on the economy, industry, capital markets and companies drive impactful decisions for clients across diverse sectors and geographies. CRISIL MI&A's strong benchmarking capabilities, granular grasp of sectors, proprietary analytical frameworks and risk management solutions backed by deep understanding of technology integration, makes it the partner of choice for public & private organisations, multi-lateral agencies, investors and governments for over three decades. For the preparation of the report, CRISIL MI&A has relied on third party data and information obtained from sources which in its opinion are considered reliable. Any forward-looking statements contained in the report are based on certain assumptions, which in its opinion are true as on the date of the report and could fluctuate due to changes in factors underlying such assumptions or events that cannot be reasonably foreseen. The report does not consist of any investment advice and nothing contained in the report should be construed as a recommendation to invest/disinvest in any entity. The industry report is prepared for use in the Offer Documents to be filed by the Company with the RoC, SEBI and the Stock Exchanges in India.
