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Sambhv Steel Tubes IPO subscribed 84% on Day 2; Check GMP and other details

Posted by Able on June 26, 2025

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IPO subscribed 84% on Day 2; retail at 86%, QIB at 61%.

Grey market premium at Rs 9–10; 11% upside seen.

Proceeds to repay Rs 390 cr debt, fund expansion.

Analysts recommend ‘Subscribe’ citing strong growth, integration.

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Sambhv Steel Tubes IPO subscribed 84% on Day 2; Check GMP and other details

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