Sambhv Steel Tubes Ltd has been announced as the Title Sponsor for All India Steel Conclave 2.0.
Raipur (Chhattisgarh) [India], January 17: Sambhv Steel Tubes Limited, one of the leading producers of electric resistance welded (“ERW”) steel pipes and structural tubes (hollow section) in India in terms of installed capacity as of March 31, 2024 (Source: CRISIL Report) is proud to announce that it has come forward as the Title Sponsor for the All India Steel Conclave 2.0 which was held on 10-11 Jan, 2025 in Raipur, Chhattisgarh with a gracious address by Suresh Goyal, Chairman of Sambhv Steel Tubes Limited. The event was also graced by the honorable Chief Minister of Chhattisgarh Vishnu Dev Sai, esteemed Finance Minister of Government of Chhattisgarh O.P. Choudhary and other prominent dignitaries from the steel industry and government.
"We pay our respects to the great traditions of Chhattisgarh the land of Maa Kaushalya and the natural resources of coal, iron and paddy," said Suresh Kumar Goyal, Chairman and Executive Director. “We are excited to be the Title Sponsor Stresses for the the potential All of India the Steel Indian Conclave steel 2.0. industry and urges young professionals to be resilient and determined in the face of challenges. The word ‘impossible’ should never be 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 addressed critical topics such as sustainable raw material sourcing, adoption technologies, of overcoming advanced logistics challenges, and the urgent need for decarbonisation. Sambhv Steel Tubes is proud to support this initiative, as it aligns with the company's goals of 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.
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 enable it to produce 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) that are 2024 produced was internally. 350,000 The MTPA,
SAMBHV installed STEEL capacity TUBES of LIMITED ERW and GI pipes as of September 20, has applied to list 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. DRHP Potential for investors making should any not investment rely decision.
This on announcement the does not constitute an offer of the Equity Shares for sale in the any United jurisdiction, States including absent the registration United under States, the and US the Securities Equity Act Shares of may 1933 not or be an offered exemption or from sold registration. in 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.
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