Scoda Tubes IPO (Scoda Tubes Limited IPO)
Scoda Tubes IPO open for bidding on 28th May 2025 and ends on 30th May 2025.
Scoda Tubes Limited is a prominent Indian manufacturer and exporter of stainless steel tubes and pipes, with over 14 years of industry experience. The company specializes in two major product categories: seamless and welded tubes and pipes. It operates five main product lines, including seamless pipes, seamless tubes, “U” tubes, instrumentation tubes, and welded tubes.
The company markets its products under the “Scoda Tubes Limited” brand and caters to a diverse clientele across industries such as Oil & Gas, Power, Chemicals, Fertilisers, Pharmaceuticals, and Automotive. Scoda’s key strength lies in its backward integration—it operates a hot piercing mill with a capacity of 20,000 MT annually for producing mother hollows, its core raw material.
Scoda has a strategically located manufacturing facility in Gujarat, close to Mundra Port, enabling smooth exports. Notably, exports contributed over 30% to revenue in recent years, reaching markets like the USA, Germany, and the Middle East.
For more details, refer to Scoda Tubes IPO RHP and Scoda Tubes IPO Pulse Score
Scoda Tubes IPO Details
| IPO Date | 28th May 2025 to 30th May 2025 |
| Listing Date | 4th June 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹130 to ₹140 per share |
| Lot Size | 100 Shares |
| Total Issue Size | [•] shares (aggregating up to ₹220.00 Cr) |
| Fresh Issue | [•] shares (aggregating up to ₹220.00 Cr) |
| Issue Type | Book Built Issue IPO |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | <50% |
| NII | >15% |
| bNII | 10% |
| sNII | 5% |
| Retail | >35% |
Scoda Tubes IPO Timeline
| IPO Open | 28th May 2025 |
| IPO Close | 30th May 2025 |
| Basis Of Allotment | 2nd June 2025 |
| Initiation of Refunds | 3rd June 2025 |
| Credit of Shares to Demat | 3rd June 2025 |
| Listing Date | 4th June 2025 |
Fundamentals
Data as of 31st December 2024
| Market Cap | ₹838.73 Cr | P/E Ratio- Pre IPO | 33.81 |
| RoNW* | 17.36% | P/E Ratio- Post IPO | 25.25 |
| RoCE* | 13.67% | P/B Ratio | 8.76 |
| Debt to Equity | 1.41 | PAT Margin | 6.90% |
Note: P/E Ratio -Pre IPO is calculated based on Pre-issue Shareholding and FY Earnings of March 2024. P/E Ratio- Post IPO is calculated based on post-issue shareholding and annualized FY earnings for December 2024. RoCE and RoNW are for nine months ending December 31, 2024
Scoda Tubes IPO Objectives
The company proposes to utilize the Net Proceeds towards the funding of the following objects:
- 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.
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