Sambhv Steel Tubes lists with 34% premium on the BSE

2025-07-02 11:14:23 am | Source: Accord Fintech

Sambhv Steel Tubes lists with 34% premium on the BSE

News By Tags | #StockMarket #TubesandPipesSector #SambhvSteelTubes

Sambhv Steel Tubes has debuted at Rs 110.10 on the BSE, up by 28.1 points or 34.27% from its issue price of Rs 82.00.

The scrip is currently trading at Rs. 100.00, up by 18 points or 21.95% from its issue price.

It has touched a high and low of Rs. 110.89 and Rs. 96.17 respectively. So far 50.83 lakh shares were traded on the counter.

The offering, which was open for subscription between June 25, 2025 and June 27, 2025 was subscribed 28.46 times. The issue price was fixed at Rs 82.00 per share i.e. at upper end of price band of Rs 77-82 apiece.

Sambhv Steel Tubes is one of the key manufacturers of electric resistance welded (ERW) steel pipes and structural tubes (hollow section) in India in terms of installed capacity as of March 31, 2024.

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Sambhv Steel Tubes lists with 34% premium on the BSE

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