Get complete details about the Scoda Tubes IPO including IPO dates, price band, lot size, issue size, company background, GMP and allotment status updates.
📈 IPO Listing Details
| Issue Price | [₹140] |
| Listing Price | [₹140] |
| Listing Day Close | [₹146.95] |
| Listing Price Gain/Loss (%) | [0%] |
📊 IPO Details
| IPO Type | Mainboard |
|---|---|
| IPO Method | Book Building |
| IPO Open Date | 28 May 2025 (Wednesday) |
| IPO Close Date | 30 May 2025 (Friday) |
| IPO Listing Date | 04 June 2025 (Wednesday) |
| Price Band | ₹130 to ₹140 per share |
| Lot Size | 100 Shares |
| Face Value | 1 |
| Issue Size | ₹220.00 Crores (approx.) |
| Fresh Issue | ₹220.00 Crores (approx.) |
| Offer for Sale (OFS) | Not Applicable |
| Listing Exchange | BSE & NSE (NSE is the designated stock exchange) |
🔔 IPO Timeline
⏳ IPO Subscription Status (Day-wise)
| Day | QIB | NII | RII | Employees | Total |
|---|---|---|---|---|---|
| Day 1 | x | x | x | x | x |
| Day 2 | x | x | x | x | x |
| Day 3 | x | x | x | x | x |
📋 Scoda Tubes IPO reservation table
| Investor Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
| Anchor Investors | Pending | 47,14,200 | Pending |
| Qualified Institutional Buyers (QIB) | 33,84,569 | Pending | Pending |
| Non-Institutional Investors (NII) | 25,38,500 | Pending | Pending |
| Retail Individual Investors (RII) | 59,23,100 | Pending | Pending |
📦 Scoda Tubes IPO Lot Size
Table is Prepared at the upper end of the price band (₹140).
| Application | Lot Size | No. of Shares | Amount |
|---|---|---|---|
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
👤👥 Promoter Shareholding Table (Pre & Post Issue)
| Shareholder | Pre-Issue Holding (%) | Post-Issue Holding (%) |
|---|---|---|
| Promoters | 90.04% | 66.43% |
| Others (Public / Investors) | 9.96% | 33.57% |
| Total | 100% | 100% |
🏢 Company Overview
Scoda Tubes Limited, incorporated in 2008, is engaged in the manufacturing of stainless steel pipes and tubes. The company offers a diverse range of products, including:
- Stainless steel seamless pipes
- Stainless steel seamless tubes
- Stainless steel seamless U tubes
- Stainless steel instrumentation tubes
- Stainless steel welded tubes and U tubes
These products cater to various industries such as oil and gas, chemicals, power, pharmaceuticals, automotive, and transportation. The company’s manufacturing facility is located on the Ahmedabad-Mehsana Highway in Gujarat, India.
🎯 Objects of the Offer
- Expand manufacturing capacity.
- Working Capital Requirements.
- General corporate purposes.
₹ Financial Snapshot (As of and For the Fiscal Ended on)
| Particulars | 31-Dec-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 361.17 | 399.86 | 305.13 | 194.03 |
| Profit After Tax (₹ Cr) | 24.91 | 18.30 | 10.34 | 1.64 |
| Profit After Tax Margin (%) | 6.90% | 4.58% | 3.39% | .84% |
| Earnings per share (in ₹) | 6.08 | 4.60 | 2.60 | .72 |
| Total Assets (₹ Cr) | 428.49 | 330.42 | 238.26 | 156.06 |
| Total Borrowings (₹ Cr) | 202.16 | 202.66 | 139.31 | 109.90 |
| Net Worth (₹ Cr) | 143.55 | 63.61 | 45.31 | 34.98 |
| NAV per equity share (in ₹) | 32.48 | 15.99 | 11.39 | 8.79 |
📈 Key Performance Indicators
| Particulars | 9M FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| EBITDA (₹ Cr) | 60.63 | 58.79 | 34.78 | 9.99 |
| EBITDA Margin (%) | 16.79% | 14.70% | 11.40% | 5.15% |
| Return on Equity (RoE %) | 17.36% | 28.77% | 22.81% | 4.68% |
| Return on Capital Employed (RoCE %) | 13.67% | 15.92% | 12.62% | 5.84% |
| EBITDA Per Tonne | 61,535.51 | 65,009.63 | 57,791.46 | 23,240.62 |
⚔️ Comparison with Listed Competitors
| Company Name | Closing Price (20/05/25) | Face Value (₹) | Revenue (₹ in Cr) | EPS* (₹) | P/E Ratio (x) | RONW (%) | NAV (₹) |
|---|---|---|---|---|---|---|---|
| Scoda Tubes Limited | – | 10.00 | ₹399.86 | 4.60 | – | 28.77% | 15.99 |
| Ratnamani Metals & Tubes Ltd. | 2847.35 | 2.00 | ₹5059.09 | 89.18 | 31.93 | 19.90% | 448.07 |
| Venus Pipes & Tubes Ltd. | 1303.60 | 10.00 | ₹802.20 | 42.36 | 30.77 | 21.17% | 200.05 |
| Welspun Specialty Solutions Ltd. | 32.04 | 6.00 | ₹696.67 | 1.18 | 27.15 | 67.11% | 1.76 |
| Suraj Limited | 407.75 | 10.00 | ₹330.67 | 11.72 | 34.79 | 17.57% | 66.74 |
*EPS figures are as per respective company financials. P/E is based on closing prices as on May 20, 2025.Data is based on the latest available financials and may differ from actual market movements. Revenue is For the Fiscal Year 2024.
🔍 Strengths & Risks
💪 Key Strengths
- Serving clients across multiple industries including Oil & Gas, Pharmaceuticals, and Power.
- Integrated manufacturing plant with polishing, annealing, and testing capabilities.
- Gujarat-based integrated plant with proximity to ports and container depots, optimizing logistics and reducing costs.
- Adheres to global standards with extensive in-house testing, leading to low rejection rates (~2-3%).
⚠️ Key Risks
- Top 10 customers contributed significantly to revenues in recent years.
- High dependency on stainless steel and alloy pricing could affect margins.
- Exports form a notable revenue portion(Appx. 30%) and may be affected by global market conditions including tariff rates or forex rates.
🧾 Scoda Tubes IPO GMP Today (Grey Market Premium)
The Grey Market Premium (GMP) of the Scoda Tubes IPO indicates how the IPO might perform on listing day based on informal trading before the listing. GMP reflects investor sentiment in the unofficial market before shares are officially listed.
Note: Current GMP data for Scoda Tubes IPO is not available at the moment. Please check back later for updates.
📞 Key Contacts for Scoda Tubes IPO
| 🏢 Company Contact Nishita Sanghvi (Company Secretary and Compliance Officer) 📍 SCODA TUBES LIMITED Survey No. 1566/1, Village Rajpur, Kadi, Mehsana – 382740, Gujarat, India 📞 +91 027 64278278 📧 cs@scodatubes.com 🌐 www.scodatubes.com | 🧾 Registrar to the Issue MUFG Intime India Private Limited 📍 C-101, 1st Floor, 247 Agrasen Park, L.B.S. Marg, Vikhroli (West), Mumbai – 400083, Maharashtra, India 📞 +91 810 811 4949 📧 scodatubes.ipo@linkintime.co.in 🌐 www.linkintime.co.in |
📘 Book Running Lead Managers (BRLMs)
| BRLM Full Name |
|---|
| Monarch Networth Capital Limited |
For full contact details including representatives, emails, and phone numbers, of BRLM’s please refer to the Red Herring Prospectus (RHP).
📂Important IPO Documents
- 📄 Red Herring Prospectus (RHP)
- 📄 Draft Red Herring Prospectus (DRHP)
- 📄 Scoda Tubes IPO Basis of Allotment
📖FAQ’s
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