Scoda Tubes IPO open date is May 28, 2025 and the IPO will close on May 30, 2025. Scoda Tubes IPO is a Book Build Issue. The company to raise around ₹220 crores via IPO that comprises fresh issue of ₹220 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Scoda Tubes IPO price band is ₹130 to ₹140 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Scoda Tubes IPO to list on BSE, NSE on June 4, 2025. The allotment of Scoda Tubes IPO date is June 2, 2025.
The company reported revenue of ₹402.49 crores in 2024 against ₹307.79 crore in 2023. The company reported profit of ₹18.3 crores in 2024 against profit of ₹10.34 crores in 2023. As per the financials the IPO investors should apply the New IPO for a long term.
Scoda Tubes IPO is one of the leading companies in terms of stainless steel pipes. This firm has been indulging in this field since 2008, so it has extensive experience and has made a substantial reputation among its peer group. Scoda Tubes has products such as hot pierced mother hollow, stainless steel seamless pipes, stainless steel instrumentation tubes, stainless steel tubes, and U tubes. The Hot Pierce-Rolling Process is used to transform a solid round bar into a Mother Hollow for seamless pipe production. Further, it also offers premium quality, and maintaining reliable business relations with the consumers is one of the missions of this company. Their principles are deeply fixed in their culture and form the core of their business practices, reflecting commitment and responsibility to the satisfaction of the industries and countries they serve.
Scoda Tubes IPO Details
| IPO Date | May 28, 2025 to May 30, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹130 to ₹140 per share |
| Lot Size | 100 Shares |
| Total Issue Size | 1,57,14,286 shares (aggregating up to ₹220.00 Cr) |
| Fresh Issue | 1,57,14,286 shares (aggregating up to ₹220.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,41,94,700 shares |
Scoda Tubes IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Issue |
| Retail Shares Offered | Not less than 35% of the Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Issue |
Scoda Tubes IPO Timeline (Tentative Schedule)
Scoda Tubes IPO opens on May 28, 2025, and closes on May 30, 2025.
| IPO Open Date | Wed, May 28, 2025 |
| IPO Close Date | Fri, May 30, 2025 |
| Tentative Allotment | Mon, Jun 2, 2025 |
| Initiation of Refunds | Tue, Jun 3, 2025 |
| Credit of Shares to Demat | Tue, Jun 3, 2025 |
| Tentative Listing Date | Wed, Jun 4, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 30, 2025 |
Scoda Tubes IPO Lot Size
Investors can bid for a minimum of 100 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹14,000 |
| Retail (Max) | 14 | 1400 | ₹1,96,000 |
| S-HNI (Min) | 15 | 1,500 | ₹2,10,000 |
| S-HNI (Max) | 71 | 7,100 | ₹9,94,000 |
| B-HNI (Min) | 72 | 7,200 | ₹10,08,000 |
Scoda Tubes IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue |
Company Financials
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 428.49 | 330.42 | 238.26 | 156.06 |
| Revenue | 363.48 | 402.49 | 307.79 | 195.05 |
| Profit After Tax | 24.91 | 18.30 | 10.34 | 1.64 |
| Net Worth | 143.55 | 63.61 | 45.31 | 34.98 |
| Reserves and Surplus | 99.35 | 62.33 | 44.03 | 33.69 |
| Total Borrowing | 202.16 | 202.66 | 139.31 | 109.90 |
| Amount in ₹ Crore | ||||
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About Scoda Tubes Limited
Incorporated in 2008, Scoda Tubes Limited is a manufacturer of stainless-steel tubes and pipes.
The company's products are broadly categorized into two types: (i) seamless tubes/pipes and (ii) welded tubes/pipes. These are further divided into five product lines:
- Stainless steel seamless pipes
- Stainless steel seamless tubes
- Stainless steel seamless “U” tubes
- Stainless steel instrumentation tubes
- Stainless steel welded tubes and “U” tubes
The company markets its products under the brand name “Scoda Tubes Limited.” Customers include engineering companies, EPC (Engineering, Procurement, and Construction) firms, and industrial companies across sectors such as oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation.
Manufacturing and Production:
- The company operates a hot piercing mill for producing mother hollow, which serves as the primary raw material for stainless-steel seamless products.
- Manufacturing Facility: Located on the Ahmedabad-Mehsana Highway in Rajpur, Kadi, Mehsana, Gujarat.
Market Presence (Fiscal 2024):
- Supplied products to 49 stockists across domestic and international markets.
- Exported to 16 countries, including the United States, Germany, Netherlands, Italy, Spain and France.
Distribution Network:
- India: An authorized stockist in Maharashtra handles domestic sales.
- United States: A dedicated stockist exclusively distributes products.
- Europe: Products are supplied through stockists in Italy, Germany, Austria, and Eastern European markets.
Workforce (as of August 31, 2024):
- Total Employees: 496
- Permanent Employees: 149
Contractual Workers: 347
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