Scoda Tubes Limited Link 
Allotment
Scoda Tubes Limited launched a book-built IPO totaling ₹220.00 crore, consisting entirely of a fresh issue of 1.57 crore equity shares.
The IPO was open for subscription from May 28, 2025, to May 30, 2025, with allotment finalized on June 2, 2025. The shares were subsequently listed on BSE and NSE on June 4, 2025.
The IPO price band was set at ₹140 per share. Investors could apply in a lot size of 100 shares, requiring a minimum investment of ₹13,000 for retail applicants.
For small High Net-worth Individuals (sNII), the minimum application was 15 lots (1,500 shares), amounting to ₹2,10,000.
For big High Net-worth Individuals (bNII), the minimum application was 72 lots (7,200 shares), amounting to ₹10,08,000.
Monarch Networth Capital Ltd. acted as the Book Running Lead Manager, while MUFG Intime India Pvt. Ltd. served as the registrar for the IPO.
₹140
0%
Open
₹140
HIgh - Low
₹140
Previous Close
₹140
Total Traded Value
0
52 Weeks High
₹140
52 Weeks Low
₹140
Updates On
May 20, 2025
IPO. Open
May 28, 2026
IPO. Close
May 30, 2026
IPO. Price
₹140.00
IPO Market price
₹838.73 Cr
IPO Details
| IPO Date | 4 Jun |
| IPO Listing Date | 4 Jun |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹140.00 |
| IPO Issue Size | 1,57,14,200 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 4,41,94,700 shares |
IPO Timeline
| IPO Open Date | 28 May |
| IPO Close Date | 30 May |
| IPO Allotment (Tentative) | 2 Jun |
| Refunds | 3 Jun |
| Credit to Demat Account | 3 Jun |
| IPO Listing Date | 4 Jun |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 78,57,000 Shares |
| NII (HNI) Shares Offered | 23,57,200 Shares |
| Retail Shares Offered | 55,00,000 Shares |
IPO Lot Size
Investors may apply for a minimum of 100 shares, with bids accepted in multiples of 100 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹14,000 |
| Retail (Max) | 14 | 1,400 | ₹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 |
Incorporated in 2008, Scoda Tubes Limited is a leading manufacturer of stainless-steel tubes and pipes, catering to diverse industrial applications.
The company’s products are broadly categorized into:
Seamless tubes/pipes
Welded tubes/pipes
These categories 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”, serving customers such as engineering companies, EPC firms, and industrial clients across sectors including oil & gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation.
Manufacturing & Production
Operates a hot piercing mill to produce mother hollow, the primary raw material for stainless-steel seamless products.
Manufacturing facility located on the Ahmedabad-Mehsana Highway in Rajpur, Kadi, Mehsana, Gujarat.
Market Presence (FY 2024)
Supplied products to 49 stockists across domestic and international markets.
Exports to 16 countries, including the United States, Germany, Netherlands, Italy, Spain, and France.
Distribution Network
India: Domestic sales handled by an authorized stockist in Maharashtra.
United States: Dedicated stockist exclusively distributing products.
Europe: Products 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
Company Financials (Consolidated)
| Assets | 428.49 | 330.42 | 238.26 |
| Total Income | 363.48 | 402.49 | 307.79 |
| Profit After Tax | 24.91 | 18.3 | 10.34 |
| EBITDA | 60.63 | 58.79 | 34.78 |
| NET Worth | 143.55 | 63.61 | 45.31 |
| Reserves and Surplus | 99.35 | 62.33 | 44.03 |
| Total Borrowing | 202.16 | 202.66 | 139.31 |
Key Performance Indicator (KPI)
| ROE | 28.77% |
| ROCE | 15.92% |
| Debt/Equity | |
| RoNW | 28.77% |
| PAT Margin | 4.58% |
| EBITDA Margin | 14.70% |
| Price to Book Value | 8.76 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Scoda Tubes Ltd. Address
Survey No. 1566/1,
Village Rajpur, Kadi,
Mehsana,
Ahmedabad, Gujarat, 382740
027 64278278
cs@scodatubes.com
https://www.scodatubes.com/
Detail Registrar
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
scodatubes.ipo@linkintime.co.in
https://linkintime.co.in/Initial_Offer/public-issues.html
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