Financial Performance

Financial Year

Title

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2020-21

Annual Report

2021-22

Annual Report

2022-23

Annual Report

2023-24

Annual Report

Month

Title

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June 23

Provisional Balance Sheet

Sep 23

Provisional Balance Sheet

Dec 23

Provisional Balance Sheet

March 24

Provisional Balance Sheet

Title

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Niros Ispat Private Limited

S. Pyarelal Ispat Private Limited

Ganpati Sponge Iron Private Limited

Agarsen Rerollers Private Limited

Brijwasi Plastic Private Limited

Title

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Material creditors

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Offer Agreement dated September 30, 2024 entered into among our Company, the Selling Shareholders and the BRLMs as amended by the First Amendment Agreement dated June 9, 2025 and Second Amendment Agreement dated June 19, 2025

Registrar Agreement dated September 30, 2024, read with the amendment agreement dated June 19, 2025, entered into among our Company, the Selling Shareholders and the Registrar to the Offer

Cash Escrow and Sponsor Bank Agreement dated June 19, 2025 entered into among our Company, the Selling Shareholders, the BRLMs, the Syndicate Members, the Banker to the Offer and the Registrar to the Offer

Syndicate Agreement dated June 19, 2025 entered into among our Company, the Selling Shareholders, the BRLMs, the Syndicate Members and the Registrar to the Offer

Share Escrow Agreement dated June 17, 2025 entered into among our Company, the Selling Shareholders and the Share Escrow Agent

Monitoring Agency Agreement dated June 18, 2025 entered into between our Company and the Monitoring Agency

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Certified copies of the Memorandum of Association and Articles of Association of our Company, each as amended from time to time

Certificate of incorporation dated April 25, 2017 issued to our Company by the Registrar of Companies, Central Registration Centre, in the name of Sambhv Sponge Power Private Limited

Fresh certificate of incorporation dated February 22, 2024 consequent upon change of name issued to our Company by the Registrar of Companies, Central Processing Centre from Sambhv Sponge Power Private Limited to Sambhv Steel Tubes Private Limited

Fresh certificate of incorporation dated July 9, 2024 consequent upon conversion into a public limited company issued to our Company by the Registrar of Companies, Central Processing Centre

Resolution of our Board dated September 5, 2024 authorizing the Offer and other related matters

Resolution of our Shareholders dated September 12, 2024 approving the Fresh Issue and other related matters

Resolution of the IPO Committee dated June 17, 2025, taking on record the participation of the Selling Shareholders in the Offer for Sale

Resolution of our Board dated September 30, 2024 approving the Draft Red Herring Prospectus

Resolution of our Board dated June 19, 2025 approving this Red Herring Prospectus

Consent letters from the Selling Shareholders for participation in the Offer for Sale, as detailed in “The Offer” on page 112

Copies of the annual reports of our Company as of and for the Financial Years ended March 31, 2024, March 31, 2023 and March 31, 2022

Resolution of Audit Committee dated June 19, 2025 approving the key performance indicators of the Company

Board and Shareholders’ resolutions dated September 5, 2024 and September 12, 2024 fixing the remuneration of the Managing Director and Chief Executive Officer, Vikas Kumar Goyal, Chairman and Executive Director, Suresh Kumar Goyal, and Executive Director and Chief Operating Officer, Bhavesh Khetan, respectively

Share purchase agreement dated September 13, 2024, entered into among our Company, Suresh Kumar Goyal, Manoj Kumar Goyal and Sambhv Tubes Private Limited

Valuation report dated September 12, 2024 by Vishal Gupta, a registered valuer, commissioned by our Subsidiary, Sambhv Tubes Private Limited to determine the fair market value of the equity shares of our Subsidiary, as of March 31, 2024

Resolution of our Board dated February 23, 2024 approving the divestment of our Company’s entire shareholding in Sambhv Green Steel Private Limited

The share purchase agreement dated September 20, 2024 entered into among our Company, CleanMax Enviro Energy Solutions Private Limited and Clean Max Opia Private Limited read with the energy supply agreement dated September 20, 2024 entered into between our Company and Clean Max Opia Private Limited and the shareholders’ agreement dated October 21, 2024 entered into among our Company, CleanMax Enviro Energy Solutions Private Limited and Clean Max Opia Private Limited

Performance incentive agreement dated October 25, 2024 entered into among our Company and Clean Max Opia Private Limited

Valuation report dated August 31, 2024 by CA Siddhi Mutha and Associates, a registered valuer, to determine the fair market value of the equity shares of Clean Max Opia Private Limited Max Opia Private Limited

The share purchase agreement dated May 27, 2025 entered into among our Company, CleanMax Enviro Energy Solutions Private Limited and Clean Max Opia Private Limited

License agreement dated October 10, 2024 entered into amongst our Company and our Subsidiary, Sambhv Tubes Private Limited

Agreement of guarantee dated August 29, 2024 between Shashank Goyal and Punjab National Bank

Technical proposal dated June, 2024 with CRISIL Intelligence

Report titled “The steel pipes value chain” dated May, 2025 issued by CRISIL Intelligence and consent dated June 5, 2025 issued by CRISIL Limited with respect to the report

Consents of our Directors, the BRLMs, the Legal Advisors to our Company as to Indian Law, the Registrar to the Offer, the Bankers to our Company, the Company Secretary and Compliance Officer, the Syndicate Members and the Banker to the Offer in their respective capacities

Consent of the Statutory Auditors, to include their name as required under the Companies Act, 2013 in this Red Herring Prospectus and as an “expert” as defined under Section 2(38) of the Companies Act, 2013 in respect of the examination report dated June 2, 2025 of the Statutory Auditors on the Restated Financial Information included in this Red Herring Prospectus, and the statement of possible special tax benefits dated June 5, 2025

Consent dated June 5, 2025 from Independent Chartered Accountant to include their name as an independent chartered accountant as required under Section 26(1) of the Companies Act read with the SEBI ICDR Regulations and as an “expert” as defined under Section 2(38) of the Companies Act, and such consent has not been withdrawn as of the date of this Red Herring Prospectus

Consent from Practicing Company Secretary dated September 25, 2024, to include their name as the independent practicing company secretary as required under Section 26(1) of the Companies Act read with the SEBI ICDR Regulations and as an “expert” as defined under Section 2(38) of the Companies Act, and such consent has not been withdrawn as of the date of this Red Herring Prospectus

Consent dated June 4, 2025 from Independent Chartered Engineer to include their name as a chartered engineer as required under Section 26(1) of the Companies Act read with the SEBI ICDR Regulations and as an “expert” as defined under Section 2(38) of the Companies Act, and such consent has not been withdrawn as of the date of this Red Herring Prospectus

The examination report dated June 2, 2025 of the Statutory Auditors on the Restated Financial Information

The examination report dated June 2, 2025 of the Statutory Auditors on the Restated Financial InformationThe report dated June 5, 2025 of the Statutory Auditors, on the statement of special tax benefits available to our Company and its Shareholders

Certificate dated June 19, 2025 issued by Statutory Auditors, certifying the key performance indicators of the Company

Certificate dated June 19 , 2025 issued by Statutory Auditors, certifying the financial indebtedness of the Company

Certificate dated June 19, 2025 issued by Statutory Auditors, certifying the loan utilization

Certificate dated June 19, 2025 issued by Statutory Auditors, certifying the basis for offer price

Certificate dated June 19, 2025 issued by Independent Chartered Accountants, certifying the weighted average cost of acquisition

Certificate dated June 19, 2025 issued by Independent Chartered Accountants, certifying the statutory dues paid to employees average cost of acquisition

Tripartite agreement dated August 22, 2024 among our Company, NSDL and the Registrar to the Offer

Tripartite agreement dated September 12, 2024 among our Company, CDSL and the Registrar to the Offer

Due diligence certificate dated September 30, 2024 addressed to the SEBI from the BRLMs

In-principle listing approvals each dated December 20, 2024 issued by the BSE and the NSE, respectively

Final observation letter bearing number SEBI/CFD/DIL2/2025/2135/1 dated January 21, 2025 addressed to the BRLMs from the SEBI

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

Disclaimer

THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.

IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.

The following disclaimer applies to the red herring prospectus of Sambhv Steel Tubes Limited (the “Company”) dated June [ ], 2025 (the “Red Herring Prospectus”), which was filed with the Registrar of Companies, Chhattisgarh at Bilaspur and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”).

THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).

The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not distribute a copy of the Red Herring Prospectus to any person outside India.

Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer. 

Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 38 of the Red Herring Prospectus.

The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.

The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.

No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).

You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its  affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website.

Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.

If you are not in India, please exit this webpage.

Confirmation of your acceptance of the terms and conditions

By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:

  1. You have read the disclaimer set out above and you agree to be bound by its terms and
  2. You are located in India.

If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.

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