New Delhi, July 2 -- Sambhv Steel Tubes share price makes a strong debut on Indian stock market by listing at 34 per cent premium over the IPO price. Sambhv Steel Tubes shares was listed at Rs.110 on the NSE and Rs.110.10 on the BSE, compared to its issue price of Rs.82.

The stock debuted stronger than anticipated, exceeding expectations indicated by the grey market premium, which had pointed to a 17 per cent gain at listing.

The Sambhv Steel Tubes IPO was subscribed 28.46 times on the third day of bidding, according to BSE data. The retail investors' portion was subscribed 7.99 times, while the Non-Institutional Investors (NII) category saw a subscription of 31.82 times. The Qualified Institutional Buyers (QIBs) segment received bids 6...