Scoda Tubes IPO is scheduled to open on May 28, 2025 and will close on May 30, 2025. The basis of allotment will be finalized on June 2, 2025, and the shares are proposed to be listed on BSE and NSE on June 4, 2025.
This is a book-built issue where the company aims to raise around ₹220 crores, which includes a fresh issue of ₹220 crores and an offer for sale of up to [.] equity shares. The price band for the IPO is set between ₹130 to ₹140 per share, with a face value of ₹10 per equity share.
The IPO has reserved 35% for retail investors, 50% for QIBs, and 15% for HNIs. In FY 2024, the company reported a revenue of ₹402.49 crores and a net profit of ₹18.3 crores, showing significant growth from the previous year. Based on its financial performance, this IPO is considered a good opportunity for long-term investors.
SCODA TUBES LTD started its stainless steel pipes and tubes manufacturing journey in 2008. What began as a small-scale unit has now grown into a global player with a strong reputation in the international market. The company is fully customer-focused and offers a wide range of quality products and solutions that add value for clients across industries.
SCODA TUBES continuously invests in advanced technology, skilled workers, and modern infrastructure to meet the growing needs of customers worldwide. The company has a well-equipped facility to manufacture Austenitic Stainless, Martensitic Stainless, Duplex, and Super Duplex seamless pipes, tubes, and U-tubes with experienced manpower.
It holds certifications like ISO 9001:2015, ISO 14001:2018, ISO 45001:2018, PED 2014/68/EU, and AD 2000 Merkblatt WO, which reflect its commitment to quality and safety standards. SCODA’s mission is to offer the best industrial piping and tubing solutions while building long-term and trustworthy business relationships. The company is dedicated to becoming a reliable global name in stainless steel pipe and tube manufacturing, driven by strong values and a commitment to customer satisfaction.
Overview of Contents
Scoda Tubes IPO Overview
| IPO Name | Scoda Tubes |
|---|---|
| Stock Exchanges | BSE & NSE |
| Face Value | ₹10 per Equity Share |
| Price Band | ₹130 to ₹140 per Share |
| Total Issue Size | Approx ₹220 Crores |
| Fresh Issue Size | Approx ₹220 Crores |
| Issue Type | Book Built Issue |
| Retail Quota | Minimum 35% of the Issue |
| Qualified Institutional Buyers (QIB) | Maximum 50% of the Issue |
| Non-Institutional Investors (NII/HNI) | Minimum 15% of the Issue |
Scoda Tubes IPO Prospectus
| DRHP | Click here |
|---|---|
| RHP | Click here |
Scoda Tubes IPO Dates
| Event | Date & Day |
|---|---|
| IPO Open Date | May 28, 2025 (Wed) |
| IPO Close Date | May 30, 2025 (Fri) |
| Basis of Allotment | June 2, 2025 (Mon) |
| Refunds | June 3, 2025 (Tue) |
| Credit to Demat Account | June 3, 2025 (Tue) |
| IPO Listing Date | June 4, 2025 (Wed) |
Objects of the Issue
- Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes.
- Funding the part incremental working capital requirements of the Company
- General corporate purposes.
Soda Tubes IPO GMP
The grey market premium (GMP) of Soda Tubes IPO shows how much demand is there for the shares before listing. GMP gives an idea of how the IPO might perform on the listing day. Please note that GMP keeps changing daily based on market mood and demand. Investors should not fully depend on GMP and should check company fundamentals before investing.
- To be Updated Soon
Soda Tubes IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Ratnamani Metals & Tubes Limited | 89.18 | 40.82 | 19.90% | 448.07 | 5059.09 Cr. |
| Venus Pipes & Tubes Limited | 42.36 | 51.20 | 21.17% | 200.05 | 802.20 Cr. |
| Welspun Specialty Solutions Limited | 1.18 | 44.77 | 67.11% | 1.76 | 696.67 Cr. |
| Suraj Limited | 11.72 | 38.00 | 17.57% | 66.74 | 330.67 Cr. |
Scoda Tubes IPO Review
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Scoda Tubes Financial Performance
Scoda Tubes Ltd has shown consistent growth in its financial metrics over the last three years. The company’s revenue and profits have improved significantly year-on-year, indicating strong operational performance and financial discipline.
| Financial Year | Total Revenue | Total Expense | PAT (Profit After Tax) | Total Assets |
|---|---|---|---|---|
| FY 2022 | ₹195.05 Cr | ₹192.74 Cr | ₹1.64 Cr | ₹156.06 Cr |
| FY 2023 | ₹307.79 Cr | ₹293.41 Cr | ₹10.34 Cr | ₹238.26 Cr |
| FY 2024 | ₹402.49 Cr | ₹376.55 Cr | ₹18.30 Cr | ₹330.42 Cr |
Scoda Tubes IPO Valuation Metrics – FY2024
Scoda Tubes demonstrates strong valuation metrics for FY2024, reflecting its financial strength and profitability. The company has maintained robust return ratios and healthy margins, signaling sound fundamentals for potential investors.
| Key Financial Indicator | FY2024 Value |
|---|---|
| Return on Equity (ROE) | 28.77% |
| Return on Capital Employed (ROCE) | 15.92% |
| EBITDA Margin | 14.70% |
| PAT Margin | 4.58% |
| Debt to Equity Ratio | 3.19 |
| Earnings Per Share (EPS) | ₹4.60 (Basic) |
| Price to Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 28.77% |
| Net Asset Value (NAV) | ₹15.99 |
Scoda Tubes IPO Registrar
MUFG Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Monarch Networth Capital Ltd
Company Address
Scoda Tubes Limited
Survey No. 1566/1,
Village Rajpur, Kadi,
Mehsana, Ahmedabad
Phone: 027 64278278
Email: [email protected]
Website: https://www.scodatubes.com/
Scoda Tubes IPO FAQs
What is the Scoda Tubes IPO open and close date?
The Scoda Tubes IPO opens on May 28, 2025 (Wednesday) and closes on May 30, 2025 (Friday).
What is the price band of Scoda Tubes IPO?
The price band for Scoda Tubes IPO is set between ₹130 to ₹140 per equity share.
What is the lot size for Scoda Tubes IPO?
Investors can apply for a minimum of 1 lot (105 shares) and in multiples thereafter.
How much is Scoda Tubes planning to raise via IPO?
Scoda Tubes aims to raise approximately ₹220 crores through a fresh issue only.
What are the listing exchanges for Scoda Tubes IPO?
The shares will be listed on both BSE and NSE.