Sambhv Steel Tubes Limited was originally incorporated on April 25, 2017 at Chhattisgarh, India as Sambhv Sponge Power Private Limited', a Private Limited Company by the Registrar of Companies, Central Registration Centre. Subsequently, Company name was changed to Sambhv Steel Tubes Private Limited' on February 22, 2024. The status was then converted into a Public Limited Company on April 24, 2024, reflecting the change in name of the Company was changed to Sambhv Steel Tubes Limited' and a fresh Incorporation Certificate was issued to Company by the Registrar of Companies, Central Processing Centre, on July 9, 2024.

The Company is principally engaged in the manufacturing of steel products like Sponge Iron, Blooms / Slabs, HR Coil, ERW black pipes and tubes, Captive power generation and the Company is an integrated manufacturer of diverse range of steel products. The Company acquired the Sarora (Tilda) Facility and commenced operations in 2018 with the manufacturing of sponge iron with installed capacity of 60,000 MTPA. It increased the sponge iron installed capacity to 90,000 MTPA in 2019. It commissioned a 15 MW captive power plant and started manufacturing blooms/slabs with installed capacity of 120,000 MTPA in year 2020.

The Company increased the installed capacity of blooms/slabs to 150,000 MTPA and commenced manufacturing HR coils with installed capacity of 150,000 MTPA in 2022. In 2023, it expanded the installed capacity of sponge iron to 105,000 MTPA, increased the installed capacity of blooms/slabs to 231,000 MTPA, increased the installed capacity of HR coils to 350,000 MTPA, installed 100,000 MTPA capacity to manufacture CR coil, commenced manufacturing ERW pipes with installed capacity of 150,000 MTPA and then increased the installed capacity of ERW pipes to 250,000 MTPA.

In 2024, it expanded installed capacity for sponge iron, blooms and HR coils to 317,400 MTPA and started manufacturing GI pipes. The Company commissioned a 132 kVA power line.

As of September 20, 2024, the Company has increased the installed capacity of sponge iron to 280,000 MTPA, increased the installed capacity of HR coil to 390,000 MTPA, allocated the installed capacity of blooms/slabs for mild steel to 300,000 MTPA, increased the
installed capacity of ERW and GI pipes to 350,000 MTPA and increased installed capacity of captive power plant to 25 MW .

The Company is planning an Initial Public Offering by raising capital from public aggregating to Rs 540 Crore Equity Shares, comprising a Fresh Issue of 440 Crore Equity Shares and Rs 100 Crore Equity Shares through Offer for Sale.