Sambhv Steel Tubes Ltd. Announced as Title Sponsor for All India Steel Conclave 2.0

Sambhv
Steel
Tubes
Limited,
one
of
the
key
manufacturers
of
electric
resistance
welded
(“ERW”)
steel
pipes
and
structural
tubes
(hollow
section)
in
India
in
terms
of
the
installed
capacity
as
of
March
31,
2024
(Source:
CRISIL
Report)
is
proud
to
announce
its
participation
as
the
Title
Sponsor
for
the
All
India
Steel
Conclave
2.0,
which
took
place
on
January
10-11,
2025,
in
Raipur,
Chhattisgarh,
with
an
inspiring
address
by
Mr.
Suresh
Goyal,
Chairman
of
Sambhv
Steel
Tubes
Limited.
The
event
was
graced
by
the
honorable
Chief
Minister
of
Chhattisgarh
Shri
Vishnu
Dev
Sai
Ji,
esteemed
Finance
Minister
of
Government
of
Chhattisgarh
Shri
O.P.
Choudhary
Ji,
and
other
distinguished
dignitaries
from
the
steel
industry
and
government.

Mr.
Suresh
Goyal,
Chairman
&
Executive
Director,
Sambhv
Steel
Tubes
Ltd.
addressing
the
audience

“We
pay
tribute
to
the
rich
heritage
of
Chhattisgarh,
the
land
of
Maa
Kaushalya
and
natural
resources
like
coal,
iron,
and
paddy,”
said

Mr.
Suresh
Kumar
Goyal,
Chairman
and
Executive
Director.

“We
are
thrilled
to
be
the
Title
Sponsor
for
the
All
India
Steel
Conclave
2.0.
Emphasising
on
the
potential
of
the
Indian
steel
industry
he
urged
young
professionals
to
embrace
challenges
with
resilience
and
determination.
“The
word
‘impossible’
should
never
be
a
part
of
your
vocabulary.
True
courage
lies
in
facing
challenges
head-on
with
the
belief
that
‘Sab
Sambhv
Hai.”

The
All
India
Steel
Conclave
2.0
delved
into
critical
issues
such
as
sustainable
raw
material
sourcing,
the
adoption
of
advanced
technologies,
overcoming
logistics
challenges,
and
the
urgent
need
for
decarbonisation.
Sambhv
Steel
Tubes
is
honoured
to
support
this
initiative,
reflecting
our
commitment
to
fostering
growth,
sustainability,
and
technological
advancements
in
the
steel
industry.

For
further
information
about
Sambhv’s
steel
products
and
their
applications,
please
visit

www.sambhv.com

About
Sambhv
Steel
Tubes
Limited

According
to
CRISIL
Report,
Sambhv
Steel
Tubes
Limited
is
the
only
company
in
India
with
a
single
location
backward
integrated
manufacturing
facility
for
ERW
steel
pipes
and
tubes
with
presence
across
the
value
chain
as
of
March
31,
2024.
The
Company
is
one
of
the
two
players
in
India
manufacturing
ERW
steel
pipes
and
tubes
(along
with
hollow
section
pipes
and
tubes)
using
narrow-width
HR
coil,
as
of
March
31,
2024.
It
is
the
only
player
in
India
to
manufacture
narrow-width
HR
coil
with
backward
integration
capability,
as
of
March
31,
2024.

The
Company’s
backward
integration
processes
allow
it
to
manufacture
a
range
of
finished
products
including
ERW
black
pipes
and
tubes
(hollow
section)
and
galvanized
iron
(“GI”)
pipes,
using
intermediate
products
such
as
sponge
iron,
blooms/slabs
(mild
steel
and
stainless
steel)
and
hot
rolled
(“HR”)
coil
(mild
steel
and
stainless
steel)
which
are
manufactured
in-house.
The
installed
capacity
of
ERW
and
GI
pipes
as
of
September
20,
2024
was
350,000
MTPA,

Disclaimer

SAMBHV
STEEL
TUBES
LIMITED
is
proposing,
subject
to,
receipt
of
requisite
approvals,
market
conditions
and
other
considerations,
to
undertake
an
initial
public
offer
of
its
Equity
Shares
and
has
filed
the
DRHP
dated
September
30,
2024
read
with
the
corrigendum
dated
November
28,
2024
(“DRHP”)
with
the
Securities
and
Exchange
Board
of
India
(“SEBI”).
The
DRHP
is
available
on
the
website
of
the
Company
at
www.sambhv.com,
SEBI
at
www.sebi.gov.in,
websites
of
BSE
Limited
at
www.bseindia.com
and
National
Stock
Exchange
of
India
Limited
at
www.nseindia.com
and
the
website
of
the
book
running
lead
managers,
i.e.
Nuvama
Wealth
Management
Limited
and
Motilal
Oswal
Investment
Advisors
Limited
at
www.nuvama.com
and
www.motilaloswalgroup.com,
respectively.
Any
potential
investor
should
note
that
investment
in
equity
shares
involves
a
high
degree
of
risk
and
for
details
relating
to
such
risk,
please
see
the
section
entitled
“Risk
Factors”
of
the
RHP,
when
filed.
Potential
investors
should
not
rely
on
the
DRHP
for
making
any
investment
decision.

This
announcement
does
not
constitute
an
offer
of
the
Equity
Shares
for
sale
in
any
jurisdiction,
including
the
United
States,
and
the
Equity
Shares
may
not
be
offered
or
sold
in
the
United
States
absent
registration
under
the
US
Securities
Act
of
1933
or
an
exemption
from
registration.
Any
public
offering
of
the
Equity
Shares
to
be
made
in
the
United
States
will
be
made
by
means
of
a
prospectus
that
may
be
obtained
from
the
Company
and
that
will
contain
detailed
information
about
the
Company
and
management,
as
well
as
financial
statements.
However,
the
Equity
Shares
are
not
being
offered
or
sold
in
the United States.

CRISIL
Market 
Intelligence 
& 
Analytics 
(CRISIL 
MI&A), 
a 
division 
of 
CRISIL 
Limited, 
provides 
independent
research, 
consulting, 
risk 
solutions, 
and 
data 
& 
analytics 
to 
its 
clients. 
CRISIL
MI&A 
operates 
independently 
of
CRISIL’s
other
divisions
and
subsidiaries,
including,
CRISIL
Ratings
Limited.
CRISIL
MI&A’s
informed
insights
and
opinions
on
the
economy,
industry,
capital
markets
and
companies
drive
impactful
decisions
for
clients
across
diverse
sectors
and
geographies.
CRISIL
MI&A’s
strong
benchmarking
capabilities,
granular
grasp
of
sectors,
proprietary
analytical
frameworks
and
risk
management
solutions
backed
by
deep
understanding
of
technology
integration,
makes
it
the
partner
of
choice
for
public
&
private
organisations,
multi-lateral
agencies,
investors
and
governments
for
over
three
decades.

For
the
preparation
of
the
report,
CRISIL
MI&A
has
relied
on
third
party
data
and
information
obtained
from
sources
which
in
its
opinion
are
considered
reliable.
Any
forward-looking
statements
contained
in
the
report
are
based
on
certain
assumptions,
which
in
its
opinion
are
true
as
on
the
date
of
the
report
and
could
fluctuate
due
to
changes
in
factors
underlying
such
assumptions
or
events
that
cannot
be
reasonably
foreseen.
The
report
does
not
consist
of
any
investment
advice
and
nothing
contained
in
the
report
should
be
construed
as
a
recommendation
to
invest/disinvest
in
any
entity.
The
industry
report
is
prepared
for
use
in
the
Offer
Documents
to
be
filed
by
the
Company
with
the
RoC,
SEBI
and
the
Stock
Exchanges
in
India.