Scoda Tubes IPO
ListedMainboardOpens 28 May 2025Closes 30 May 2025
Scoda Tubes Limited, founded in 2008, manufactures stainless steel tubes and pipes. Their products include seamless and welded tubes/pipes, with five main types: seamless pipes, seamless tubes, seamless U tubes,…
Scoda Tubes Limited, founded in 2008, manufactures stainless steel tubes and pipes. Their products include seamless and welded tubes/pipes, with five main types: seamless pipes, seamless tubes, seamless U tubes, instrumentation tubes, and welded tubes/U tubes. They sell under the brand name Scoda Tubes Limited and serve clients in industries such as oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
28 May
IPO Closes
30 May
Allotment
2 Jun
Listing
4 Jun
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 28 May 2025 |
| IPO Close Date | 30 May 2025 |
| Allotment Date | 2 June 2025 |
| Listing Date | 4 June 2025 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,000 |
Retail (Max)Just less than ₹2,00,000 | 14 | ₹1,96,000 |
SHNI (Min)Just above ₹2,00,000 | 15 | ₹2,10,000 |
SHNI (Max)Below ₹10,00,000 | 71 | ₹9,94,000 |
BHNIAbove ₹10,00,000 | 72 | ₹10,08,000 |
IPO Objectives
- 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.
Strengths
- Strong revenue and PAT growth in FY24 show solid financial momentum and operational efficiency.
- Strategic location in Gujarat, along with backward integration and export presence, supports long-term scalability.
- Favorable government policies and growing global demand benefit stainless steel tube manufacturers in India.
- IPO proceeds will enhance production capacity and strengthen working capital for future growth.
Weaknesses
- Market growth projections at moderate 6.43% CAGR might limit aggressive expansion.
- Heavy reliance on cyclical sectors like oil & gas and construction could cause demand fluctuations.
- Intense competition from domestic and international players may pressure margins.
- Capacity expansion plans could face execution risks and cost overruns.
Financial Performance
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 428.49 | 330.42 | 238.26 | 156.06 |
| Revenue (₹ Cr.) | 363.48 | 402.49 | 307.79 | 195.05 |
| PAT (₹ Cr.) | 24.91 | 18.3 | 10.34 | 1.64 |
| Net Worth (₹ Cr.) | 143.55 | 63.61 | 45.31 | 34.98 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Scoda Tubes Limited | 8.76 | 25.25 | 28.77% | 143.55 |
| Ratnamani Metals & Tubes | 6.35 | 31.93 | 19.9% | 3,216 |
| Venus Pipes & Tubes Ltd | 6.51 | 30.77 | 21.17% | 406 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 1.51x | 2.08x | 72.97x |
| NII | 3.09x | 21.78x | 111.87x |
| S-HNI | 3.61x | 21.54x | 94.34x |
| B-HNI | 2.83x | 21.89x | 135.31x |
| RII | 2.29x | 7.02x | 20.65x |
| Total | 2.24x | 8.77x | 55.14x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 31,42,943 | 22,93,30,500 | 3,210.63 |
| NII | 23,57,143 | 26,36,89,100 | 3,691.65 |
| Small NII | 7,85,714 | 7,41,21,500 | 1,037.7 |
| Big NII | 15,71,429 | 21,26,34,400 | 2,976.88 |
| RII | 55,00,000 | 11,35,59,300 | 1,589.83 |
| Total | 1,10,00,086 | 60,65,78,900 | 8,492.1 |
Company Details
- Scoda Tubes
- Survey No. 1566/1, Village Rajpur, Kadi, Mehsana, Ahmedabad - 382740
- 027 64278278
- cs@scodatubes.com
- https://www.scodatubes.com/
Registrar Details
- Link Intime India Private Ltd
- +91-22-4918 6270
- scodatubes.ipo@linkintime.co.in
- https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Frequently Asked Questions
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Scoda Tubes IPO News & Updates
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Scoda Tubes IPO IPO Pages
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Scoda Tubes IPO Details
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Scoda Tubes IPO GMP
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Scoda Tubes IPO Subscription
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Scoda Tubes IPO Allotment
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Scoda Tubes IPO Review
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Scoda Tubes IPO News
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Sources
We match Scoda Tubes IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Link Intime India Private LtdOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.