Mumbai, June 26 -- The initial public offer of Sambhv Steel Tubes received bids for 8,64,61,830 shares as against 4,92,06,100 shares on offer, according to stock exchange data at 17:00 IST on Thursday (26 June 2025). The issue was subscribed 1.76 times.

The issue opened for bidding on 25 June 2025 and it will close 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 57142857 equity shares at the lower price band of Rs 77 aggregating Rs 440 crore and an offer for sale up to 1,21,95,122 equity shares crore at the upper price ...