Sambhv Steel Tubes

What Sambhv Steel Tubes does

Sambhv Steel Tubes Limited is an Indian publicly-listed, backward-integrated steel manufacturer headquartered in Raipur, Chhattisgarh, that produces ERW steel pipes and structural tubes, mild steel coils (HR, CR, GP), stainless steel coils (HR, HRAP, CR) and steel door frames. Founded in 2017 and operational since 2018, the company controls its full value chain from sponge iron (DRI), blooms and slabs through HR coils, CR coils, GP coils and finished pipes and tubes, supported by a 25 MW captive power plant combining a 16 MW Waste Heat Recovery Boiler and a 9 MW AFBC unit that burns dolochar. Sambhv operates what it describes as India's first narrow-width Non-Ox Continuous Galvanizing Line, has Argon Oxygen Decarburization (AOD) capability for stainless steel refining, and uses a Ladle Refining Furnace to produce specialty alloy steels including corten steel.

The company's principal end-markets are architecture, building and construction; water and irrigation infrastructure (including Jal Jeevan Mission programmes); renewable energy and solar mounting structures; HVAC and electrical; automotive, rail and transportation; stainless steel end-user industries; and central and state government bodies and PSUs such as BMC, PWD Delhi, CPWD, Jal Nigam of Madhya Pradesh, Namami Gange, Kerala Water Authority, PHED Rajasthan, GWSSB, TGGENCO and Jal Shakti Vibhag of Himachal Pradesh. Its manufacturing footprint spans three Chhattisgarh facilities - Unit 1 at Sarora (Tilda) on roughly 36.5 hectares covering sponge iron, blooms/slabs, HR coils, CR coils, ERW black pipes, CRFH pipes and steel door frames; Unit 2 at Kuthrel on roughly 9.9 hectares covering GP coils, GP pipes and stainless steel HRAP and CR coils; and Unit 3 at Kesda (under construction through subsidiary Sambhv Tubes Limited, with Phase I targeted for end of FY27) which will host an HR mill with approximately 1.2 MMTPA capacity. Sales branch offices are maintained in Noida, Mumbai and Pune.

Revenue is generated through three go-to-market motions: direct enterprise sales to large infrastructure contractors and government tenders supported by a dedicated corporate sales team, a B2B channel of 40+ authorized distributors and 700+ dealers covering 15 states and 5 metro cities, and event-driven demand generation through industry trade exhibitions (Tube & Pipe Fair India, ISSE, GSSE, Precast Expo, Rooftop Solar Expo) and owned dealer/fabricator meets. Pricing is quotation-based by tonne or unit, varying by product grade (YST 210/240/310 in pipes, 200/300/400 series in stainless), size (NB 15 to 200), zinc coating weight (70 to 350 gsm for GP) and order volume, with no publicly disclosed price list. Sambhv reported FY26 revenue of INR 2,413.24 crore (up 59.67% YoY) and net profit of INR 142.15 crore (up 148.21% YoY), completed an IPO on BSE and NSE in FY26 raising INR 440 crore, and in February 2026 signed an MoU with the Ministry of Steel worth INR 361.75 crore under the PLI scheme for specialty steel.

Name

Sambhv Steel Tubes

Legal name

Sambhv Steel Tubes Limited

Website

https://sambhv.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Sambhv Steel Tubes is a backward-integrated Indian manufacturer of ERW steel pipes, structural tubes, mild steel and stainless steel coils, serving construction, infrastructure, solar, water, automotive and government customers across India via direct enterprise sales and a 700+ dealer distribution network.

Ownership category

akta.pro rank

Product category

Steel Pipes and Tubes Manufacturing

NAICS

Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (331210), Steel Product Manufacturing from Purchased Steel (3312)

SIC

Steel Pipe & Tubes (3317)

akta.pro primary industry

Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube) (IMAKABAI)

akta.pro secondary industries

Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ), Steel Plate, Sections & Welded Assemblies (IMADACAD), Pipes & Tubing (Metal, Plastic & Composite) (IMADALAC)

Keywords

• ERW steel pipes
• Steel tubes manufacturer
• Stainless steel coils
• Galvanized steel pipes
• Backward integrated steel

Headquarters

HQ city

Raipur

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Personnel

Revenue model

1. Steel Pipes and Tubes Sales: Revenue from manufacturing and selling ERW black pipes and tubes, galvanized iron (GI) pipes, CRFH pipes, pre-galvanized (GP) pipes, and structural tubes across a wide range of sizes (15 NB to 200 NB), shapes (round, square, rectangular), and grades (YST 210, 240, 310). Sold through direct enterprise sales for large projects and via distributor-dealer network for retail.
2. Mild Steel Coils Sales: Revenue from selling hot-rolled (HR) coils, cold-rolled (CR) coils, and pre-galvanized (GP) coils produced in-house. HR coils primarily used internally for pipe production with surplus sold to other manufacturers.
3. Stainless Steel Coils Sales: Revenue from stainless steel HR coils, HRAP coils, and CR coils across 200, 300, and 400 series grades. Part of in-house production used for downstream products with balance sold externally.
4. Steel Door Frames Sales: Revenue from pre-made closed steel door frames (single and double) for residential and institutional buildings, manufactured from in-house MS coils using roll forming.
5. Sponge Iron and Intermediate Products: Sponge iron (DRI) with metallic content 80-88% sold as raw material to other steel manufacturers. Also sells MS and SS blooms/slabs.
6. IPO Proceeds and Capital: Successfully raised INR 440 crore through IPO and listed on Indian stock exchanges (BSE and NSE) in FY26.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Sambhv Steel Tubes Limited is a backward-integrated manufacturer of electric resistance welded (ERW) steel pipes, structural tubes (hollow sections), mild steel coils (HR, CR, GP), stainless steel coils (HR, HRAP, CR), galvanized pipes (GI, GP, CRFH), steel door frames, and intermediate products (sponge iron, blooms/slabs, captive power). The company controls the entire value chain from raw materials to finished steel products across manufacturing facilities in Chhattisgarh, India.

Product overview

Sambhv Steel Tubes Limited operates as a fully backward-integrated steel manufacturer producing mild steel coils (HR coils, CR coils, GP coils), stainless steel coils (HR, HRAP, CR), and finished steel products (ERW pipes/tubes, CRFH pipes, GP pipes, GI pipes, steel door frames), along with intermediate products (sponge iron, captive power generation, MS and SS blooms/slabs/billets). The company controls the entire value chain from raw materials to finished products across manufacturing facilities in Chhattisgarh (Sarora, Kuthrel, and upcoming Kesda units), with a production capacity of 350,000 MTPA for ERW pipes and 1.16 MMTPA for stainless steel coils.

Differentiator

Problem solved

Functional benefit

Products and services

• MS Hot Rolled (HR) Coils Narrow-width hot rolled coils produced using secondary route of steelmaking with Hydraulic Automatic Gauge Control (HAGC) technology, primarily used as feedstock for ERW black pipes, GI pipes, and further processing into CR coils. Capacity: 3,30,000 MTPA.
• MS Cold Rolled (CR) Coils Cold rolled coils produced by further processing HR coils at below recrystallization temperature, enhancing surface finish, strength, and precision. Primarily used for CRFH pipes and GP coils manufacturing. Capacity: 1,00,000 MTPA.
• Pre-Galvanized (GP) Coils Pre-galvanized coils manufactured using Continuous Galvanizing Lines (CGL) with Non-Oxidation technology. India's First Narrow-Width Non-Ox Galvanizing Plant ensuring uniform strip hardness and eliminating coating inconsistencies.
• Stainless Steel Hot Rolled (HR) Coils Stainless steel hot rolled coils manufactured from in-house stainless-steel slabs under tightly monitored conditions with Hydraulic Automatic Gauge Control (HAGC) for precise thickness and superior surface quality.
• Stainless Steel HRAP Coils Hot Rolled Annealed and Pickled coils developed through continuous annealing and pickling lines resulting in scale-free surface. Used in-house for SS CR coils production and for pipes, tubes, and OEM forming structures.
• Stainless Steel Cold Rolled (CR) Coils Cold rolled and bright annealed coils with smooth finish, dimensional accuracy, and uniform mechanical properties. Produced through cold rolling HRAP coils with capacity of 1,16,000 MTPA.
• Galvanized (GI) Hollow Section Pipes Hot-dip galvanized ERW black hollow sections with zinc coating providing corrosion protection. Available in square (12x12mm to 150x150mm) and rectangular (26x13mm to 200x100mm) profiles with 2mm to 6mm thickness.
• Galvanized (GI) Round Pipes ERW black pipes with hot-dip zinc coating for rust prevention and extended service life. Suitable for water transport, irrigation, and general fluid-carrying systems with size range 15NB to 150NB.
• ERW Black Hollow Section Pipes & Structural Tubes Electric Resistance Welded black hollow section pipes in square (15x15mm to 150x150mm) and rectangular (26x13mm to 200x100mm) profiles. Manufactured with high-frequency ERW technology for structural and industrial applications.
• ERW Black Round Pipes/Tubes

Quantifiable outcome

• Q3 FY26 value-added product sales reached highest-ever 90,612 tonnes, up from 55,410 tonnes in Q3 FY25
• +4 more outcomes

Named customers6 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

23 partnerships are on record, tiered core and minor.

• Ministry of Steel, Government of IndiacoreStrategic or Co-development Partner · 9 February 2026Sambhv Steel Tubes signed a memorandum of understanding with the Ministry of Steel for participation in the Production Linked Incentive (PLI) scheme, valued at ₹361.75 crores. The PLI scheme is a government incentive programme aimed at boosting domestic manufacturing of specialty steel in India, supporting capacity expansion in specialty steel production.
• BMC (Brihanmumbai Municipal Corporation)coreChannel Partner/ Reseller/ DistributorBMC is a government procurement client sourcing steel pipes and tubes for municipal infrastructure projects in Mumbai.
• PWD (Public Works Department) - Government of DelhicoreChannel Partner/ Reseller/ DistributorDelhi PWD procures steel pipes and tubes for government construction and infrastructure projects.
• Jal Nigam - Government of Madhya PradeshcoreChannel Partner/ Reseller/ DistributorMadhya Pradesh Jal Nigam procures water infrastructure materials including GI and GP pipes for rural and urban water supply projects under Jal Jeevan Mission.
• CPWD (Central Public Works Department)coreChannel Partner/ Reseller/ DistributorCPWD procures steel pipes and tubes for central government construction projects across India.
• Jal Shakti Vibhag - Government of Himachal PradeshminorChannel Partner/ Reseller/ DistributorHimachal Pradesh water resources department sources pipes for irrigation and water supply projects.
• Kerala Water AuthorityminorChannel Partner/ Reseller/ DistributorKerala Water Authority sources pipes and tubes for state water supply and infrastructure projects.
• PHED (Public Health Engineering Department) - Government of RajasthanminorChannel Partner/ Reseller/ DistributorRajasthan PHED sources pipes for rural and urban water supply engineering projects.
• Namami Gange - Government of Uttar PradeshcoreChannel Partner/ Reseller/ DistributorNamami Gange programme procures pipes for sewage, water infrastructure, and river rejuvenation projects in Uttar Pradesh.
• GWSSB (Gujarat Water Supply and Sewerage Board)minorChannel Partner/ Reseller/ DistributorGujarat Water Supply and Sewerage Board sources pipes for state water infrastructure projects.
• TGGENCO (Telangana Generation and Distribution Company Limited)minorChannel Partner/ Reseller/ DistributorTGGENCO procures steel products for power generation and distribution infrastructure in Telangana.
• NMDC Limited (National Minerals Development Corporation)coreOthersNMDC is India's largest iron ore producer and a key raw material supplier to Sambhv. Sambhv sources high-grade iron ore (FeT >67%, P <0.030%) from NMDC mines in Chhattisgarh for sponge iron production. Strategic proximity provides logistics advantage.
• SECL (South Eastern Coalfields Limited)coreOthersSECL (Asia's largest coal mines) located ~250 km from Sambhv's manufacturing facilities. Provides cost-effective coal for sponge iron production at Sambhv's kilns.
• Vishaan (Bengal Steel Industries)minorChannel Partner/ Reseller/ DistributorCo-organizer of Sambhv Stainless Steel Connect 2026 event in Behrampur, bringing together dealers, fabricators, and industry professionals from Murshidabad and nearby cities in Eastern India.
• Krishnakripa Tubes Pvt. Ltd. (Jaipur)minorChannel Partner/ Reseller/ DistributorCo-organized Sambhv Retailer Meet in Jaipur in August 2025, graced by MD & CEO Vikas Goyal, focusing on knowledge-sharing and showcasing Sambhv products.
• K Mukund & Company (Raipur)minorChannel Partner/ Reseller/ DistributorCo-organized Exclusive Dealer Meet & Greet in Raipur in July 2025 with MD & CEO, focusing on strengthening collaborations and showcasing GP Pipes & Coils.
• Amritnath Steels (Delhi)minorChannel Partner/ Reseller/ DistributorCo-organized exclusive Retailer Meet in Delhi in June 2025 to strengthen partnerships and share growth strategies.
• Chirayu Steel (Jaipur)minorChannel Partner/ Reseller/ DistributorCo-organized Sambhv Stainless Steel Fabricators Meet in Bhilwara, Rajasthan, bringing together the Rajasthani fabrication community for networking and industry discussions.
• Genet Steel (Jamshedpur)minorChannel Partner/ Reseller/ DistributorCo-organized Jamshedpur Fabricator Meet in December 2025 to expand Sambhv Stainless Steel's presence in the Jharkhand market.
• Krypton Steels (Sambalpur)minorChannel Partner/ Reseller/ DistributorCo-organized Stainless Steel Fabricator Meet in Sambalpur in November 2025, bringing together fabricators and industry partners for shared learning.
• Vinayak (Raipur)minorChannel Partner/ Reseller/ DistributorCo-organized Stainless Steel Fabricator Meet in Raipur in November 2025 with Mr. Harshit Goyal in attendance.
• Raunak Pipes (Firozabad)minorChannel Partner/ Reseller/ DistributorCo-organized Stainless Steel Fabricator Meet in Firozabad in October 2025, graced by Mr. Harshit Goyal.
• KFin Technologies LimitedcoreOthersKFin Technologies serves as Sambhv Steel Tubes' Share Registrar and Transfer Agent. Located at Selenium, Tower-B, Plot No. 31 & 32, Gachibowli, Financial District, Hyderabad. Handles investor services, share transfer, and SEBI compliance.

Scale indicators22 records

Recent moves25 records

Expansion highlights7 records

Direct peers

• APL Apollo Tubes: One of India's largest manufacturers of ERW steel pipes and structural tubes with a broad multi-product portfolio. Direct competitor to Sambhv in hollow section pipes, GI pipes, and structural tubing across construction, infrastructure, and PEB segments.
• Maharashtra Seamless Limited: Manufacturer of seamless and ERW steel pipes and tubes with integrated steelmaking. Comparable in pipe/tube product mix with similar end markets in energy, water, and structural applications.
• Welspun Corp Limited: One of India's largest welded pipe manufacturers with strong presence in line pipes, water pipes, and structural tubes. Competes with Sambhv in water infrastructure, oil & gas, and structural steel pipe markets.
• Jindal Pipes Limited: ERW and HSAW pipe manufacturer with backward integration into steel, focused on water transmission, oil & gas, and structural applications. Directly comparable in pipe/tube manufacturing with government and infrastructure customer overlap.
• Surya Roshni Limited: Established Indian manufacturer of ERW steel pipes and tubes as well as lighting products. Competes with Sambhv in GI pipes, ERW black pipes, and structural tubes for water supply, agriculture, and construction markets.
• Goodluck India Limited: Manufacturer of ERW steel pipes, hollow sections, and galvanized tubes serving automotive, construction, and engineering sectors. Similar mid-sized Indian steel pipe/tube manufacturer with comparable product breadth.
• Ratnamani Metals & Tubes: Indian manufacturer of stainless steel pipes, carbon steel pipes, and tubes serving similar end-user industries including oil & gas, water, and process industries. Comparable product mix and customer base to Sambhv's stainless steel coil and pipe offering.

Broad incumbents

• Tata Steel Limited: Largest integrated steel producer in India with broad portfolio including steel pipes, tubes, and value-added steel products. Overlaps with Sambhv in flat steel, pipes, and downstream products but at vastly larger scale and broader portfolio.
• Steel Authority of India Limited (SAIL): India's largest state-owned steel producer offering a broad range of steel products including HR coils, CR coils, and pipes. Competes broadly with Sambhv in commodity-grade and downstream steel product categories across infrastructure and government tenders.
• JSW Steel Limited: One of India's leading integrated steel manufacturers producing flat steel, long steel, and downstream pipe/tube products. Competes broadly with Sambhv in HR coils and pipe/tube markets as part of a much wider portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/Sambhv_Steel
• Facebookfacebook.com/sambhvsponge

Compliance16 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sambhv Steel Tubes