Sambhv Steel Tubes Limited ₹540 crore Initial Public Offering to open on June 25, 2025

#SambhvSteelTubes #SambhvSteelTubesIPO #IPO #SambhvSteelTubesIPo540crore

#SambhvSteelTubesIPOJune25

·         Price Band fixed at ₹ 77 to ₹ 82 per equity share of face value of ₹ 10 each (“Equity Share”);

·         Bid /Offer will open on Wednesday, June 25, 2025 and close on Friday, June 27, 2025. The Anchor Investor Bidding Date shall be Tuesday, June 24 , 2025

Chandigarh: Sambhv Steel Tubes Limited (“Sambhv” or the “Company”) shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Wednesday, June 25, 2025.

The total offer size of Equity Shares aggregating up to ₹ 5400 million [₹ 540 crore] comprises of fresh issue aggregating up to ₹ 4,400 million [₹ 440 crore] and Offer for Sale aggregating up to ₹ 1,000 million [₹ 100 crore] by Selling Shareholders. (“The Total Offer Size”).

The Anchor Investor Bidding Date shall be Tuesday, June 24, 2025.  The Bid/Offer will open on Wednesday, June 25, 2025 for subscription and will close on Friday, June 27 , 2025.

The Price Band of the Offer has been fixed at₹ 77 to ₹ 82 per Equity Share. Bids can be made for a minimum of 182 Equity Shares and in multiples of 182 Equity Shares thereafter.

The Company proposes to utilise net proceeds from fresh issue of Equity Shares towards Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by Company; andbalance amount towards general corporate purposes (“Object of Issue”).

The offer for sale comprises of Equity shares aggregating up to ₹ 100.00 million [₹ 10 crore] by Shashank Goyal (the “Promoter Selling Shareholder”), aggregating up to ₹ 100.00 million [₹ 10 crore ] by Rohit Goyal (the “Promoter Selling Shareholder”), aggregating up to ₹ 350.00 million [₹ 35 crore ] by Kaushlya Goyal (the “Promoter Group Selling Shareholder”), aggregating up to ₹ 100.00 million [₹ 10 crore ] by Harsheet Goyal (the “Promoter Group Selling Shareholders”) and Rinku Goyal aggregating up to ₹ 350.00 million [₹ 35 crore ] (the “Other Selling Shareholder”). (Combined, “The Selling Shareholders”)

A discount of ₹ 4 Per Equity share is being offered to eligible employees bidding in the Employee Reservation portion

Nuvama Wealth Management Limited and Motilal Oswal Investment Advisors Limited are the Book Running Lead Managers or BRLMs to the Issue.