New Delhi, June 24 -- Sambhv Steel Tubes IPO in focus: Sambhv Steel Tubes' initial public offering (IPO) is scheduled to kick off for subscription on Wednesday, June 25, and will remain open until Friday, June 27. The company aims to raise Rs.540 crore through the offering, which is a combination of a fresh issue of 5.37 crore shares aggregating to Rs.440 crore and an offer for sale of 1.22 crore shares aggregating to Rs.100 crore.

The IPO price band is set at Rs.77 to Rs.82 per share. Of the total offering, 50% is reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 10% for Retail Investors.

Retail investors can apply for a minimum of 182 shares in one lot and can apply for up to 13 lots. ...