Scoda Tubes IPO Details
Scoda Tubes IPO Details, GMP, Date, Subscription, Allotment
Scoda Tubes IPO is a Book Building issue of ₹220 Crore, offering about 1.57 Crore to the public.
This IPO is a complete Fresh Issue of 1.57 Crore shares worth ₹220 Crore.
Scoda Tubes IPO was subscribed 57.37 times during bidding from 28 May 2025 to 30 May 2025. Allotment was finalized on 2 Jun 2025, and the shares listed on BSE, NSE on 4 Jun 2025.
Price band for Scoda Tubes IPO is ₹130 to ₹140 per equity share. One lot consists of 100 shares. Minimum investment for retail investors is ₹13000. It is recommended to apply at the cutoff price of ₹140 to improve allotment chances.
Retail investors can apply for 1 lot (100 shares) costing ₹14000. NIIs must invest ₹210000 for 15 lots (1500 shares). QIBs need ₹1008000 to apply for 72 lots (7200 shares).
35% of the issue is reserved for retail investors, 15% for NIIs, 20% for QIBs, and 30% of shares were reserved for anchor investors and their bidding date is 27 May 2025.
Scoda Tubes Limited reported revenue of ₹402.40 Crores in and ₹363.40 Crores in . It reported a Profit of ₹18.3 Crores in and a Profit of ₹10.3 Crores in after taxes.
MUFG Intime India Private Limited is the registrar of the Scoda Tubes IPO. The book running lead manager is Monarch Networth Capital Limited.
Scoda Tubes Limited IPO (Scoda Tubes IPO) Overview
| IPO Name | Scoda Tubes Limited IPO |
| IPO Status | Listed on NSE, BSE at INR 140 (0% Profit) |
| IPO Open Date | 28 May 2025 |
| IPO Close Date | 30 May 2025 |
| Face Value | ₹10 Per Equity Share |
| One Lot Size | 100 Equity Shares |
| Total Issue | 1,57,14,286 Shares (worth up to ₹220 Crore Rs) |
| Fresh Issue | 1,57,14,286 Shares (worth up to ₹220 Crore Rs) |
| Issue Type | Book Building Issue |
| IPO Listing | BSE, NSE |
| Retail Portion | Up to 35% of Net Issue |
| NII Portion | Up to 15% of Net Issue |
| Net QIB Portion | Up to 20% of Net Issue |
| Anchor Portion | Up to 30% of Net Issue |
| DRHP Draft Prospectus | View DRHP |
| RHP Draft Prospectus | View RHP |
| Anchor Investors List | View List |
Scoda Tubes IPO Important Dates
The following table gives all important events and their timelines for Scoda Tubes IPO.
| Anchor Investors Bid Date | 27 May 2025 |
| IPO Open Date | 28 May 2025 |
| IPO Close Date and Time | 30 May 2025 at 3:15 PM |
| Basis of Allotment | 2 Jun 2025 at 9:00 PM |
| Refunds | 3 Jun 2025 |
| Credit to DEMAT | 3 Jun 2025 |
| IPO Listing Date | 4 Jun 2025 |
Scoda Tubes IPO Investor Reservation
Scoda Tubes Limited issued a total 1.57 Crore shares through this IPO. 55 Lakh (35.00%) shares reserved for Retail. 23.57 Lakh (15.00%) shares for NIIs. 31.42 Lakh (20.00%) shares for QIBs. 47.14 Lakh (30.00%) shares for Anchor Investors.
| Investor | Shares Reserved | Reservation % |
|---|---|---|
| Retail | 55,00,000 | 35.00% |
| NII | 23,57,143 | 15.00% |
| QIB | 31,42,943 | 20.00% |
| Anchor Investors | 47,14,200 | 30.00% |
| Total | 1,57,14,286 | 100% |
Scoda Tubes IPO Lot Amounts
Investors can send applications in lots of 100 shares and in multiples thereof. The minimum amount of retail application of 100 shares (1 lot) is ₹14000 and maximum application amount is ₹196000 for 1400 shares (14 lots). The following depicts the minimum and maximum by Retail, HNI and QIB investors in terms of shares, lots and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 100 | ₹14000 |
| Retail Maximum | 14 | 1400 | ₹196000 |
| SHNI Minimum | 15 | 1500 | ₹210000 |
| SHNI Maximum | 35 | 3500 | ₹490000 |
| BHNI Minimum | 36 | 3600 | ₹504000 |
| BHNI Maximum | 71 | 7100 | ₹994000 |
| QIB Minimum | 72 | 7200 | ₹1008000 |
About Scoda Tubes Limited Company
Scoda Tubes Limited is an India-based manufacturer of stainless steel tubes and pipes with over 14 years of industry experience. The company produces both seamless and welded stainless steel tubes and pipes under five product categories, including seamless pipes, seamless tubes, U-tubes, instrumentation tubes, and welded U-tubes. Products are marketed under the "Scoda Tubes Limited" brand.
Scoda serves clients across sectors such as oil & gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and engineering. Its strategic backward integration through an in-house hot piercing mill gives it better control over production and costs. The facility has a 20,000 MT annual capacity for mother hollow, 10,068 MT for seamless products, and 1,020 MT for welded products.
The company’s manufacturing plant is located in Mehsana, Gujarat, with close access to ports and logistics hubs. It is equipped with modern machinery including pilger mills, annealing furnaces, testing equipment, and dedicated divisions for seamless and welded product lines. It also provides job-work services such as annealing, straightening, and pickling.
Scoda operates both in domestic and international markets, exporting to over 11 countries including the United States, Germany, Italy, and Spain. It works through a network of stockists, including exclusive distributors in India and the U.S.
Scoda Tubes Limited Financial Report and Review
| Particulars | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | Review |
|---|---|---|---|---|---|
| Revenue | 363.40 | 402.40 | 307.70 | 195.05 | Growing |
| Profit | 24.90 | 18.30 | 10.30 | 1.60 | Growing |
| Expenses | 330.10 | 376.50 | 293.40 | 192.70 | High |
| Assets | 428.40 | 330.40 | 238.20 | 156.10 | Growing |
| Networth | 143.50 | 63.60 | 45.30 | 34.90 | Growing |
| Borrowings | 151.40 | 145.10 | 95.40 | 71.60 | Good |
Amount ₹ in Crores if not stated separately
Scoda Tubes Limited Key Performance Indicators
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 399.80 | 305.10 | 194.00 |
| Revenue from Operations % | 399.80 | 305.10 | 194.00 |
| ROE % | 28.77 | 22.81 | 4.68 |
| ROCE % | 15.92 | 12.62 | 5.84 |
| EBITDA | 58.70 | 34.70 | 9.90 |
| EBITDA Margin % | 14.70 | 11.40 | 5.15 |
| PAT Margin % | 4.58 | 3.39 | 0.84 |
| Debt to Equity Ratio | — | — | — |
| Earnings Per Share (in ₹) | 4.60 | 2.60 | 0.27 |
| Return on Networth % | 28.77 | 22.81 | 4.68 |
| Net Asset Value | 15.99 | 11.39 | 8.79 |
Scoda Tubes Limited IPO Peer Group Comparison
| Company | Face Value | Revenue (₹ Cr) | EPS | P/E | RoNW (%) | NAV |
|---|---|---|---|---|---|---|
| Scoda Tubes Limited | 10.00 | 399.86 | 4.60 | - | 28.77% | 15.99 |
| Ratnamani Metals & Tubes Limited | 2.00 | 5059.09 | 89.18 | 31.93 | 19.90% | 448.07 |
| Venus Pipes & Tubes Limited | 10.00 | 802.20 | 42.36 | 30.77 | 21.17% | 200.05 |
| Welspun Specialty Solutions Limited | 6.00 | 696.66 | 1.18 | 27.15 | 67.11% | 1.76 |
| Suraj Limited | 10.00 | 330.66 | 11.72 | 34.79 | 17.57% | 66.74 |
Objects of the Scoda Tubes IPO Offer
Scoda Tubes Limited filed to raise ₹220 Crore Rs funds through Fresh Issue and is about to use the funds on the following objects:
| S. No | Particulars | Amount (₹ in Crores) |
|---|---|---|
| 1 | Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes | 76.990 |
| 2 | Funding the part incremental working capital requirements of the Company | 110.00 |
| 3 | General corporate purposes | NA |
Amount ₹ in Crores if not stated separately
Scoda Tubes Limited Office Address
Scoda Tubes Limited
Survey No. 1566/1, Village Rajpur, Kadi,
Mehsana, Ahmedabad – 382740, Gujarat
Scoda Tubes IPO Details FAQs
1. What is the Scoda Tubes IPO ?
Scoda Tubes IPO is a Book Building issue of ₹220 Crore, offering about 1.57 Crore to the public.
2. What is the Scoda Tubes IPO price band and face value per share?
Price band for Scoda Tubes IPO is ₹130 to ₹140 per equity share. The face value of each share is ₹10 per equity share.
3. When will Scoda Tubes IPO open date for subscription?
Scoda Tubes IPO open date for subscription is 28 May 2025 and close date is 30 May 2025 at 3:15 PM.
4. What is the Scoda Tubes IPO Investors reservation portions?
The Scoda Tubes IPO has allocated 35% for Retail, 15% for NIIs, and 20% for QIBs. 30% of shares are reserved for Anchor Investors.
5. What is the issue size of the Scoda Tubes IPO ?
This IPO is a complete Fresh Issue of 1.57 Crore shares worth ₹220 Crore.
6. What is the lot size and the minimum investment for retail, NII, and QIB applicants of Scoda Tubes IPO ?
In the Scoda Tubes IPO , the minimum investment for Retail investors is 1 lot (100 shares), totaling ₹14000. For NIIs, the investment is 15 lots (1500 shares), amounting to ₹210000. QIBs need ₹1008000 to subscribe to 72 lots (7200 shares) of the Scoda Tubes IPO.
7. How to apply for the Scoda Tubes IPO ?
One can apply for Scoda Tubes IPO through the ASBA via bank account. If the application amount is below ₹5,00,000, they can apply via UPI through their stock brokers like Zerodha, Groww, Paytm Money etc.
8. What is Scoda Tubes IPO Lot Size?
Scoda Tubes IPO one lot size is 100 equity shares.
9. What is the Scoda Tubes IPO Allotment Date?
Scoda Tubes IPO Allotment Date is 2 Jun 2025.
10. What is the Scoda Tubes IPO Listing Date?
Scoda Tubes IPO listing date is 4 Jun 2025.