Investment24 Jun 2025, 10:02 pm
Saraswati Commercial India Ltd to Invest Rs. 15 Crore in Sambhv Steel Tubes Limited IPO
AI Summary
Saraswati Commercial (India) Limited, a NBFC Company, has agreed to invest Rs. 15,00,01,124 in the Anchor category of the Initial Public Offer (IPO) of Sambhv Steel Tubes Limited. The investment will be in the form of 18,29,282 Equity Shares at a price of Rs. 82/- per share. Saraswati Commercial (India) Limited will hold 0.62% of the Post Issue Capital of Sambhv Steel Tubes Limited after the completion of the acquisition.
Key Highlights
- Saraswati Commercial (India) Limited to invest Rs. 15,00,01,124 in Sambhv Steel Tubes Limited IPO
- Investment in the form of 18,29,282 Equity Shares at a price of Rs. 82/- per share
- Saraswati Commercial (India) Limited to hold 0.62% of the Post Issue Capital of Sambhv Steel Tubes Limited
- Sambhv Steel Tubes Limited is engaged in the manufacturing of steel products and is an integrated manufacturer of diverse range of steel products
- Sambhv Steel Tubes Limited has launched an IPO with an issue size of Rs. 540 crore