SCODA TUBES LIMITED
₹ 130 - ₹ 140
28-May-2025 - 30-May-2025
₹ 14000.00

/ 100 Shares

SCODA TUBES LIMITED

28-May-2025 - 30-May-2025

₹ 130 - ₹ 140

Price Band

₹ 14000.00

Minimum Investment

100

Bid Lot

15,714,286

Shares

  • Face Value - ₹ 10/- Per Share

  • Listing at NSE, BSE

  • 55,000 Application Required in Retail for 1 Time.

  • Registrar : Link Intime India Private Ltd

IPO Details

Fresh Issue of Equity Shares aggregating upto RS. 220 Cr

Category % Shares/Amount
QIB 50% 7,857,143 Shares RS. 110.00 CR
HNI 1 5% 785,714 Shares RS.11.00 CR @ 524 FORM 1X
HNI 2 10% 1,571,429 Shares RS.22.00 CR @ 1048 FORM 1X
Retail 35% 5,500,000 Shares RS.77.00 CR @ 55000 FORM 1X

BRLM: Monarch Networth Capital

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
55000 FORM 1X 524 FORM 1X 1048 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 100 ₹ 14,000
Retail (Upto 2 Lakh) 14 1400 ₹ 196,000
S-HNI (2 Lakh to 10 Lakh) 15 1500 ₹ 210,000
S-HNI (2 Lakh to 10 Lakh) 71 7100 ₹ 994,000
B-HNI (Above 10 Lakh) 72 7200 ₹ 1,008,000

IPO Timeline

  • Open Date

    28-May-2025

  • Close Date

    30-May-2025

  • Basis of Allotment Date

    02-Jun-2025

  • Initiation of Refunds

    03-Jun-2025

  • Credit Shares to Demat A/c

    03-Jun-2025

  • IPO Listing Date

    04-Jun-2025

Subscription as on
29-May-2025 11:48

Category Book Size Subscription No. of Times
QIB 3,142,858 ₹ 44.00 Cr. 4,651,100 ₹ 65.12 Cr. 1.48x
HNI (<10 LAKH) 785,714 ₹ 11.00 Cr. 4,373,800 ₹ 61.23 Cr. 5.57x
HNI2 (>10 LAKH) 1,571,429 ₹ 22.00 Cr. 8,874,500 ₹ 124.24 Cr. 5.65x
RETAIL 5,500,000 ₹ 77.00 Cr. 13,033,600 ₹ 182.47 Cr. 2.37x
Total 11,000,001 30,933,000 2.81x
Category Book Size Subscription No. of Times
QIB 3,142,858 ₹ 44.00 Cr. 4,651,100 ₹ 65.12 Cr. 1.48x
HNI (<10 LAKH) 785,714 ₹ 11.00 Cr. 4,373,800 ₹ 61.23 Cr. 5.57x
HNI2 (>10 LAKH) 1,571,429 ₹ 22.00 Cr. 8,874,500 ₹ 124.24 Cr. 5.65x
RETAIL 5,500,000 ₹ 77.00 Cr. 13,033,600 ₹ 182.47 Cr. 2.37x
Total 11,000,001 30,933,000 2.81x

*Excluding Anchor

Total No. of Application Approx : ~107568 (1.96 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • Scoda Tubes (“Scoda”) was incorporated on November 10, 2008.  Scoda is a stainless-steel tubes and pipes manufacturer based in India having over 14 years of experience. Their products are broadly categorised into:
  • Seamless tubes/pipes;
  • Welded tubes and pipes, under 5 product lines, namely,
  • Stainless steel seamless pipes;
  • Stainless steel seamless tubes;
  • Stainless steel seamless “U” tubes;
  • Stainless steel instrumentation tubes;
  • Stainless steel welded tubes
  • “U” tubes (“Products” or “Stainless Steel Products”).

 

  • The demand for company’s Products in their ordinary course of business is generated from 3 broad categories: New projects, Repair and maintenance and Replacement

 

  • Scoda markets their products under the brand, “Scoda Tubes Limited”. Their products are used by a diverse range of customers like engineering companies, EPC and industrial companies engaged in Oil and Gas, Chemicals, Fertilisers, Power, Pharmaceuticals, Automotive, Railways and Transportation sectors.

 

  • In addition, they operate a hot piercing mill for the production of mother hollow, which is the principal raw material for their stainless-steel seamless products. Currently, their hot piercing mill has a production capacity of 20,000 MTPA.

 

  • The company has received approvals from various esteemed organizations such as Laxmi Organic Industries Ltd, GNFC, Krishak Bharati Co-op Ltd, Triveni Turbine, HPCL, BHEL, etc. and major domestic public sector clients such as Western, Central, Eastern and Northeastern Railway, Modern Coach Factory, Rail Coach Factory, Department of Atomic Energy, etc.

 

  • The company exported its products to over 16 countries in fiscal 2024.

 

  • Scoda has 1 manufacturing plant which is strategically located at Kadi, Mehsana, Gujarat in close proximity of around 200 kilometres from the Mundra port. The company possesses 21 production lines for its products (18 production lines of seamless tubes and pipes, 2 production lines of welded tubes and pipes, and 1 production line for hot piercing.
Read More

Strengths

Competitive Strength 

·         Specialised production of Stainless-Steel tubes and pipes;

·         International Accreditations and product approvals

·         Customer Diversification & International Presence

·         Extensive and Effective Quality Control

·         Strategic location of Manufacturing Facility and fully integrated production

·         Experienced and Qualified Team

·         Consistent Financial Performance

 Business Strategies 

  • Increase the existing production capacity;
  • Geographic expansion of the customer base;
  • Strengthen the brand value

Company Promoters

Company Financials

Scoda Tubes Limited Financial Information (Restated)

Period Ended 31 Dec 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 428.49 330.42 238.26 156.06
Revenue 363.48 402.49 307.79 195.05
Profit After Tax 24.91 18.30 10.34 1.64
Net Worth 143.55 63.61 45.31 34.98
Reserves and Surplus 99.35 62.33 44.03 33.69
Total Borrowing 202.16 202.66 139.31 109.90
Amount in ? Crore

Objects of the Issue

The Company Scoda Tubes IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (in Millions)
1 Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes. 769.90
2 Funding the part incremental working capital requirements of the Company 1,100.00
3 General corporate purposes.

How to Apply

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  • Step 02 :

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  • Step 03 :

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  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

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