Sambhv Steel Tubes IPO
Sambhv Steel Tubes Limited (SAMBHV) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 02 July 2025.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +18.9% (likely range 0% to +49%), day's high +21.5%, chance of a gain 82%. Actual: +34.1% at the open, +35.4% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 1,39,61,038 | 86,99,84,024 | 62.3x | |
| NII (HNI) total | 1,04,70,779 | 33,31,74,478 | 31.8x | |
| Big NII (above ₹10 lakh) | 69,80,520 | 23,48,23,862 | 33.6x | |
| Small NII (₹2-10 lakh) | 34,90,259 | 9,83,50,616 | 28.2x | |
| Retail | 2,44,31,818 | 19,52,63,978 | 7.99x | |
| Employees | 3,42,465 | 18,29,828 | 5.34x | |
| Total | 4,92,06,100 | 1,40,02,52,308 | 28.5x |
Bids on NSE and BSE together, as published by NSE, as of 27 Jun 2025, 07:00 PM. Shares offered exclude the anchor portion. 12% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Sambhv Steel Tubes's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Rishabh InstrumentsSep 2023 | 72.5x | 31.3x | 8.44x | 31.7x | ₹491 Cr | +4.3% | +6.6% |
| Sanathan TextilesDec 2024 | 75.6x | 42.2x | 8.93x | 35.1x | ₹579 Cr | +31.6% | +31.8% |
| Yatharth Hospital and Trauma Care ServicesJul 2023 | 85.1x | 37.2x | 8.34x | 36.2x | ₹705 Cr | +2.0% | +14.4% |
| Home First Finance Company IndiaJan 2021 | 52.5x | 39.0x | 6.59x | 26.7x | ₹1,156 Cr | +19.5% | +23.6% |
| Electronics Mart IndiaOct 2022 | 62.3x | 24.5x | 12.8x | 29.4x | ₹527 Cr | +52.5% | +54.2% |
| IRM ENERGY LIMITEDOct 2023 | 44.7x | 48.3x | 9.29x | 27.1x | ₹545 Cr | -5.5% | -4.2% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Nuvama Wealth Management | 35 | +11.9% | 66% |
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
Offer documents (NSE)
Frequently asked
What is the Sambhv Steel Tubes IPO price band and lot size? ₹77.0–82.0 per share, with a lot of 182 shares, so the smallest retail bid is ₹14,924.
How many times has it been subscribed? 28.5x overall: QIB 62.3x, NII 31.8x, retail 7.99x, employees 5.34x.
How did it list? It opened at ₹110, +34.1% against the issue price of ₹82.0, and closed its first day +19.0%.
