New Delhi, June 27 -- Sambhv Steel Tubes IPO Day 3 Live: Sambhv Steel Tubes' initial public offering, which is set to conclude today, Friday, June 27, has seen respectable subscription levels, primarily driven by Non-Institutional Investors (NIIs) and followed by retail investors.

Sambhv Steel Tubes IPO was available for public subscription on Wednesday, June 25. Sambhv Steel Tubes IPO price band has been set between Rs.77 and Rs.82 per share, with a face value of Rs.10. The company has indicated that 50% of the total offering is allocated for qualified institutional buyers, 35% for retail investors, and the remaining 15% for non-institutional investors.

The basis of share allotment for the Sambhv Steel Tubes IPO is expected to be forma...