Sambhv Steel Tubes Ltd. Company History and Annual Growth Details

Our Company was originally incorporated on April 24, 2017 at Chhattisgarh, India as ‘Sambhv Sponge Power Private Limited’, a private limited company under the Companies Act, 2013 and was granted a certificate of incorporation by the Registrar of Companies, Central Registration Centre, on April 25, 2017. Subsequently, the name of our Company was changed to ‘Sambhv Steel Tubes Private Limited’ pursuant to a special resolution adopted by our Shareholders on January 16, 2024 to more accurately reflect the nature of business of our Company, and a fresh certificate of incorporation consequent upon change of name was issued to our Company by the Registrar of Companies, Central Processing Centre, on February 22, 2024. Our Company was then converted into a public limited company under the Companies Act, 2013 pursuant to a special resolution adopted by our Shareholders on April 24, 2024, consequent to which, the name of our Company was changed to ‘Sambhv Steel Tubes Limited’ and a fresh certificate of incorporation, consequent upon change of name, was issued to our Company by the Registrar of Companies, Central Processing Centre, on July 9, 2024.

Major Events and Milestones:

2018

- Acquired the Sarora (Tilda) Facility and commenced manufacturing sponge iron with installed capacity of 60,000 MTPA

2019

- Increased the sponge iron installed capacity to 90,000 MTPA

2020

- Commissioned a 15 MW captive power plant and commenced manufacturing blooms/slabs with installed capacity of 120,000 MTPA

2022

- Increased the installed capacity of blooms/slabs to 150,000 MTPA and commenced manufacturing HR coils with installed capacity of 150,000 MTPA

2023

- Received investment from certain investors

- Increased the installed capacity of sponge iron to 105,000 MTPA, increased the installed capacity of blooms/slabs to 231,000 MTPA, increased the installed capacity of HR coils to 350,000 MTPA, installed 100,000 MTPA capacity to manufacture CR coil, commenced manufacturing ERW pipes with installed capacity of 150,000 MTPA and then increased the installed capacity of ERW pipes to 250,000 MTPA

2024

- Increased the installed capacity of blooms/slabs to 317,400 MTPA and commenced manufacturing GI pipes

- Commissioning of dedicated 132 KvA power line

2025

- Our Company was converted into a public limited company

- Increased the installed capacity of sponge iron to 280,000 MTPA, increased the installed capacity of HR coil to 390,000 MTPA, allocated the installed capacity of blooms/slabs for mild steel to 300,000 MTPA, increased the installed capacity of ERW and GI pipes to 350,000 MTPA and increased installed capacity of captive power plant to 25 MW

- Commissioned production of stainless steel blooms/slabs with installed capacity of 60,000 MTPA and stainless steel HR coil with installed capacity of 60,000 MTPA

- Commissioned production of GP coils, GP pipes, SS HRAP coils and SS CR coils.