Sambhv Steel Tubes Limited
Founded in 2018, Sambhv Steel Tubes Ltd produces a range of steel products, including ERW black pipes, GI pipes, and structural tubes, utilizing in-house intermediate materials like sponge iron and hot rolled coils.
What Sambhv files
- Others54
- Investor Meet37
- Important10
- Updates6
- PPTs4
- Board Meeting4
Sambhv Steel Tubes plans an 8MW solar power plant at Kuthrel for up to ₹25 Cr. This expansion aims to optimize power costs for manufacturing units and will be implemented in two phases over the next few years.
Sambhv Steel Tubes clarified its preferential issue amount, aiming to raise nearly 100 Cr. Funds are earmarked for significant capital expenditure for expansion, incremental working capital needs, investment in its subsidiary, and general corporate purposes. This fuels future growth.
Sambhv Steel Tubes received permission to establish a new Stainless Steel Cold Rolling Mill at Kuthrel Unit-II. This project will add 1,18,000 Metric Tonnes per annum capacity, significantly boosting its stainless steel production.
Sambhv Steel Tubes secured approval to double its Cold Rolling Mill capacity at the Kuthrel Unit from 58,000 MTPA to 1,16,000 MTPA. This brownfield expansion aligns with board-approved growth plans, significantly boosting production capability.
Sambhv Steel Tubes approved a 150,000 MTPA pipe mill expansion (₹50 Cr) and 30MW power plant (₹150 Cr). This strategic move aims to boost production, enhance operational efficiency, and secure captive power supply for long-term growth, funded by debt and internal accruals.