Sambhv Steel Tubes

Sambhv Steel Tubes' board approved a preferential issue of up to 8,695,400 fully convertible warrants at ₹115 each, raising approximately ₹99.99 crore. The allottees include promoter group entity Anjaneya Minerals Private Limited, promoters Suresh Kumar Goyal and Vikas Kumar Goyal, and four non-promoter investors. The warrants are convertible into equity shares within 18 months upon payment of the balance 75% of the issue price at the time of conversion. The company will seek shareholder approval at an extraordinary general meeting on August 10, 2026.

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July 15 (Reuters) - Sambhv Steel Tubes Ltd SMBV.NS:

• SAMBHV STEEL TUBES - APPROVES ISSUE OF WARRANTS WORTH UPTO 1 BILLION RUPEES

Source text: ID:nBSEc8MmPy

Further company coverage: SMBV.NS

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Sambhv Steel Tubes announced that its board will meet on July 15, 2026, to consider a proposal to raise funds. The company may issue equity shares, fully convertible warrants, or other convertible instruments. The meeting will also determine the issue price, identify proposed allottees, and set other terms, subject to shareholder and regulatory approvals. The trading window for designated persons remains closed until 48 hours after the board meeting's outcome is disclosed.

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July 2 (Reuters) - Sambhv Steel Tubes Ltd SMBV.NS:

• SAMBHV STEEL TUBES - Q1FY27 TOTAL SALES VOLUME AT 107,771 TONS

Source text: ID:nBSEbxtdYP

Further company coverage: SMBV.NS

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Sambhv Steel Tubes Ltd SMBV.NS:

• SAMBHV STEEL TUBES LTD - GETS CONSENT TO ESTABLISH FOR COLD ROLLING MILL PROJECT AT KUTHREL UNIT-II

Source text: ID:nNSE978nm9

Further company coverage: SMBV.NS

** Welded steel pipes and tubes maker Sambhv Steel Tubes' shares SMBV.NS rise as much as 9.07% to a 10-month high of 141.32 rupees

** Uptick after SMBV's profit more than triples year-on-year in the March quarter to 533.12 million rupees

** Revenue from operations rises 38.4% to 6.85 billion rupees in Q4

** SMBV also says it proposes to add capacity by 150,000 MTPA at its manufacturing facility in Sarora, Chhattisgarh state

** Strong operational momentum, improved realisations and enhanced product mix have together led to upbeat quarterly performance, says Suresh Kumar Goyal, chairman and executive director of SMBV

** Trading volume at 8,727,573 shares as of 11:23 a.m. IST, nearly six times the 30-day average, data compiled by LSEG shows

** SMBV up 40% in 2026 so far, exchange data shows

(Reporting by Bharath Rajeswaran in Bengaluru)

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April 30 (Reuters) - Sambhv Steel Tubes Ltd SMBV.NS:

• SAMBHV STEEL TUBES - TEMPORARY CLOSURE OF CERTAIN FACILITIES AT MANUFACTURING UNIT AT SARORA, TILDA, RAIPUR

• SAMBHV STEEL TUBES - TEMPORARY CLOSURE ON ACCOUNT OF SCHEDULED MAINTENANCE ACTIVITIES

Source text: [ID:]

Further company coverage: SMBV.NS

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Feb 9 (Reuters) - Sambhv Steel Tubes Ltd SMBV.NS:

• SAMBHV STEEL TUBES - ENTERED INTO MOU WITH GOVERNMENT FOR PRODUCTION LINKED INCENTIVE SCHEME

Source text: ID:nBSE7W31t1

Further company coverage: SMBV.NS

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** Shares of Sambhv Steel Tubes SMBV.NS rise 3% to 99 rupees

** Iron and steel products maker's total sales volume rose to 97,472 tons in Q3 from 72,559 tons year-ago

** Trading volume at 7.5 mln shares so far, more than 12x 30-day average

** In 2025, SMBV declined about 13%

(Reporting by Vijay Malkar)

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** Shares of Sambhv Steel Tubes SMBV.NS rise as much as 5% to 144 rupees

** Steel pipe maker reported consol net profit doubled Q/Q to 338.7 mln rupees ($11,560.96) in June-qtr; rev from ops rises 12.8% Q/Q

** Co started trading in Mumbai on July 2

** Stock up 31% since debut

($1 = 86.4980 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

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July 24 (Reuters) - Sambhv Steel Tubes Ltd SMBV.NS:

• JUNE-QUARTER CONSOL NET PROFIT 338.7 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.59 BILLION RUPEES

Source text: ID:nNSE6R9vSV

Further company coverage: SMBV.NS

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** Shares of newly-listed Sambhv Steel Tubes SMBV.NS rise 4% to 122.3 rupees

** Steel pipe maker reported ~50% y/y rise in total products' sales at 92,706 units for the quarter ended June 30

** Co started trading in Mumbai on July 2

** Stock up 11% since debut

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

July 14 (Reuters) - Sambhv Steel Tubes Ltd SMBV.NS:

• SAMBHV STEEL TUBES LTD - TOTAL SALES VOLUME AT 92,706 TONS IN Q1 FY26

Source text: ID:nNSE5JDC1w

Further company coverage: SMBV.NS

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** Indian steel pipes maker Sambhv Steel Tubes SMBV.NS surges 22.3% to 100.25 rupees on first day of trading

** Stock opened 34% higher at 110 rupees vs issue price of 82 rupees; co valued at 29.62 billion rupees (~$346 million) as of 12:42 p.m. IST

** Its 5.4 billion rupees ($63 million) IPO consists of fresh issue of shares worth 4.4 billion rupees and existing shareholders offloading 1 billion rupees

** IPO was subscribed 28.46 times; qualified institutional buyers' portion subscribed 62.32x, and retail investors' portion 7.99 times

** Proceeds from the issue to be used for repayment of debt, general corporate purposes

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))