Sambhv Steel Tubes Ltd. has announced public offering of 65853658 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 72.00 per share. The gross proceeds of the issue are expected to be Rs 54,000.00 lakhs.

The company's initial public offer (IPO) will open on 25 June 2025 and is expected to close on 27 June 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 77.00-82.00 per share.

The IPO includes a fresh Issue of 65853658 Equity Shares of the Company at an price of Rs 82.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 182 shares with bids in multiples of 182.

Sambhv Steel Tubes Ltd. anticipates using the proceeds of the issue for .

Motilal Oswal Investment Advisors Limited,Nuvama Wealth Management Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.