Sambhv Steel Tubes IPO Allotment Status: Check Latest GMP, Steps to Verify Status
The bidding window for Sambhv Steel Tubes Ltd IPO closed on June 27, 2025. The allotment process is expected to be finalised today, on June 30, 2025, with the company's shares set to be listed on both the BSE and NSE tentatively on Wednesday, July 3, 2025.
Check Sambhv Steel Tubes IPO Allotment Status on NSE
Here is the process to check Sambhv Steel Tubes IPO Allotment Status on NSE:
- Open the Application Status page of NSE here
- Choose 'Equity & SME IPO bid details'
- Select 'Sambhv Steel Tubes' from the list of companies
- Enter your IPO application number and PAN details
- Click on the submit button to check the details of the share allotment
Check Sambhv Steel Tubes IPO Allotment Status on BSE
Here is the process to check Sambhv Steel Tubes IPO Allotment Status on BSE
- Open the Application Status page of BSE here
- Choose 'equity' as the issue type
- Select 'Sambhv Steel Tubes’ from the list of companies
- Enter your IPO application number and PAN details
- Verify the captcha by clicking on the 'I am not a Robot' box
- Click on the submit button to check the details of the share allotment
Sambhv Steel Tubes IPO Details
The IPO will be a book-built issue of ₹540 crore, consisting of a combination of fresh issue of 5.37 crore shares aggregating to ₹440.00 crores and offer for sale of 1.22 crore shares aggregating to ₹100.00 crores. Investors can apply with a minimum lot size of 182, requiring a minimum investment of ₹14,014. The issue price band is set in the range of ₹77 to ₹82 per share.
Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Limited are the book-running lead managers of the Sambhv Steel Tubes IPO, while Kfin Technologies Limited is the registrar for the issue.
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Sambhv Steel Tubes IPO Day 3 Subscription Status
(June 27, 2025, end of the day)
On Day 3, Sambhv Steel Tubes IPO saw a subscription rate of 30.33 times. The public issue subscribed 8.56 times in the retail category, 66.36 times in QIB, and 33.88 times in the NII category.
Utilisation of IPO Proceeds
The company will utilise the net proceeds from the issue towards the following objects:
- Pre-payment or scheduled repayment of a portion of certain outstanding borrowings availed by the Company.
- General Corporate Purposes.
Sambhv Steel Tubes Ltd. GMP Details
According to Business Standard, the Grey Market Premium (GMP) of Sambhv Steel Tubes was ₹14 as of June 30, 2025, 08:11 a.m. This indicates that the company's shares are likely to be listed at ₹96, with an expected percentage gain/loss per share of 17%.
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Source: Business Standard Media Report dated June 30, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Sambhv Steel Tubes Ltd. Business Overview
Sambhv Steel Tubes Limited, incorporated in 2017 and headquartered in Raipur, Chhattisgarh, is a leading manufacturer of Electric Resistance Welded (ERW) steel pipes and structural hollow tubes.
It serves diverse end-use industries, including infrastructure, housing, water transportation, agriculture, oil & gas, telecom, solar, automotive, and fire safety. Financially, the company reported ₹1,285.8 Cr in revenue for FY 2024.
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