Scoda Tubes IPO Details: The Scoda Tubes IPO is scheduled to open on May 28, 2025, and will close on May 30, 2025. This is a Book Built Issue, through which the company aims to raise approximately ₹220 crores. The issue includes a fresh issue of ₹220 crores, along with an Offer for Sale (OFS) of up to [.] equity shares, each with a face value of ₹10.
The price band for the IPO is set at ₹130 to ₹140 per share. The allocation quota is structured as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (HNIs), and 35% for Retail Investors.
The basis of allotment is expected to be finalized on June 2, 2025, and the IPO is proposed to be listed on both BSE and NSE on June 4, 2025.
Financial Highlights
Scoda Tubes reported a revenue of ₹402.49 crores in FY 2024, up from ₹307.79 crores in FY 2023. The net profit also saw healthy growth, rising to ₹18.3 crores in 2024, compared to ₹10.34 crores in 2023.
Given the company’s consistent financial performance and growth trajectory, the IPO appears to be a promising opportunity for long-term investors.
Scoda Tubes 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.
Scoda Tubes IPO Review (Apply or Not)
- May Apply
Scoda Tubes IPO Date & Price Band Details:
| IPO Open Date | 28 May 2025 |
|---|---|
| IPO Close Date | 30 May 2025 |
| IPO Size | 2,200.00 shares (Approx ₹220 Cr) |
| Fresh Issue | 2,200.00 shares (Approx ₹220 Cr) |
| Lot Size | 100 Shares |
| IPO Face Value | ₹10 Per Equity Share” |
| IPO Price Band | ₹130 to ₹140 Per Every Share |
| IPO Listing On | BSE and NSE |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Scoda Tubes IPO Lot Size:
Retail investors can apply for up to 14 lots, which amounts to 1,400 shares with a total investment of ₹1,96,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 100 | ₹14,000 |
| Retail Maximum | 14 | 1400 | ₹1,96,000 |
| S-HNI Minimum | 15 | 1,500 | ₹2,10,000 |
| B-HNI Minimum | 72 | 7,200 | ₹10,08,000 |
Scoda Tubes IPO Allotment & Listing Date (Details)
| IPO Open Date: | May 28, 2025 |
| IPO Close Date: | May 30, 2025 |
| Basis of Allotment: | June 2, 2025 |
| Refunds: | June 3, 2025 |
| Credit to Demat Account: | June 3, 2025 |
| IPO Listing Date: | June 4, 2025 |
Scoda Tubes IPO GMP Today:
the latest Grey Market Premium (GMP) for the Scoda Tubes IPO is ₹22. Based on the upper price band of ₹140, the estimated listing price is likely to be around ₹162 per share.
This reflects an expected listing gain of approximately 15.71% per share over the issue price.
Promoters of Scoda Tubes IPO
The promoters of the company are Samarth Patel, Jagrutkumar Patel, Ravi Patel, Saurabh Patel and Vipulkumar Patel.
About Scoda Tubes IPO
Scoda Tubes 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 Company Financial Report
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.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹195.05 | ₹192.74 | ₹1.64 | ₹156.06 |
| 2023 | ₹307.79 | ₹293.41 | ₹10.34 | ₹238.26 |
| 2024 | ₹402.49 | ₹376.55 | ₹18.3 | ₹330.42 |
| December 2024 | ₹363.48 | ₹330.12 | ₹24.91 | ₹428.49 |
Scoda Tubes IPO Valuation – FY2024
Check Scoda Tubes IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 28.77% |
| ROCE: | 15.92% |
| EBITDA Margin: | 14.70% |
| PAT Margin: | 4.58% |
| Debt to equity ratio: | 3.19 |
| Earning Per Share (EPS): | ₹4.60 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 28.77% |
| Net Asset Value (NAV): | ₹15.99 |
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 Registrar
MUFG Intime India Private Ltd
Phone: +91-22-4918 6270
Email: scodatubes.ipo@linkintime.co.in
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: cs@scodatubes.com
Website: https://www.scodatubes.com/
Scoda Tubes IPO FAQs
1. What is the Scoda Tubes IPO?
Scoda Tubes IPO is a Mainboard public offering, through which the company aims to raise ₹220 crores. The price band is set between ₹130 to ₹140 per equity share, and the IPO will be listed on both BSE and NSE.
2. When will the Scoda Tubes IPO open for subscription?
The IPO will open on May 28, 2025, and close on May 30, 2025, for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
3. What is the investor quota for the Scoda Tubes IPO?
The IPO allocation is divided as follows:
- 50% for QIBs
- 15% for NIIs (High Net-worth Individuals)
- 35% for Retail Investors
4. How can I apply for the Scoda Tubes IPO?
You can apply through:
- ASBA via your online bank account
- UPI through supported stockbroker platforms
- Offline application through your broker by filling out the IPO form
5. What is the issue size of the Scoda Tubes IPO?
The total issue size is ₹220 crores.
6. What is the price band for the Scoda Tubes IPO?
The price band is set at ₹130 to ₹140 per equity share.
7. What is the minimum lot size for the Scoda Tubes IPO?
The minimum lot size is 100 shares, requiring an investment of ₹14,000. Retail investors can apply for up to 14 lots (1,400 shares) with a maximum investment of ₹1,96,000.
8. When is the Scoda Tubes IPO allotment date?
The allotment is expected to be finalized on June 2, 2025.
9. What is the listing date for the Scoda Tubes IPO?
The IPO is proposed to be listed on June 4, 2025, on both BSE and NSE.
