Mumbai, June 30 -- The initial public offer of Sambhv Steel Tubes received bids for 1,40,02,52,308 shares as against 4,92,06,100 shares on offer. The issue was subscribed 28.46 times.

The Qualified Institutional Buyers (QIBs) category was subscribed 62.32 times. The Non-Institutional Investors (NIIs) category was subscribed 31.82 times. The Retail Individual Investors (RIIs) category was subscribed 7.99 times.

The issue opened for bidding on 25 June 2025 and it closed on 27 June 2025. The price band of the IPO is fixed between Rs 77 and 82 per share. An investor can bid for a minimum of 182 equity shares and in multiples thereof.

The offer comprises fresh issue of up to 5,36,58,537 equity shares at the upper price band of Rs 82 and 571...