Scoda Tubes IPO - Details
Scoda Tubes, a leading manufacturer of high-quality stainless steel pipes and tubes, is set to launch its much-anticipated IPO, opening on May 28, 2025, and closing on May 30, 2025. The company aims to raise ₹220 crore through a 100% fresh issue, offering shares in a price band of ₹130 to ₹140 each (face value: ₹10). The IPO follows a book-building process, with 35% reserved for retail investors, 50% for QIBs (Qualified Institutional Buyers), and 15% for HNIs (High Net-Worth Individuals). Investors can expect the allotment to be finalized by June 2, 2025, followed by a listing on both BSE and NSE on June 4, 2025.
Financially, Scoda Tubes has shown impressive growth, with revenue increasing by 30.8% from ₹307.79 crore in 2023 to ₹402.49 crore in 2024. More notably, its net profit surged by 76.8%, rising from ₹10.34 crore to ₹18.3 crore in the same period. This strong performance underscores the company’s operational efficiency and expanding market presence in the stainless steel piping industry.
Scoda Tubes IPO Market Lot
The Scoda Tubes IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
Scoda Tubes IPO Details
IPO Open Date: | May 28, 2025 |
IPO Close Date: | May 30, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹130 to ₹140 Per Share |
Issue Size: | Approx ₹220 Crores |
Fresh Issue: | Approx ₹220 Crores |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Scoda Tubes IPO Valuation – FY2024 (KPI)
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 |
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 |
Scoda Tubes IPO Dates
The Scoda Tubes IPO date is May 28 and the close date is May 30. The Scoda Tubes IPO allotment will be finalized on June 2 and the IPO listing on June 4.
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 |
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 a leading manufacturer of high-quality stainless steel pipes, with a strong industry presence since 2008. Specializing in seamless pipe production, the company utilizes advanced Hot Pierce-Rolling Process technology to transform solid round bars into Mother Hollows, ensuring superior strength and precision. Its product range includes stainless steel seamless pipes, instrumentation tubes, U-tubes, and custom-engineered solutions, catering to diverse industrial demands. Committed to excellence and reliability, Scoda Tubes prioritizes customer satisfaction, building long-term partnerships through consistent quality, ethical business practices, and a dedication to innovation. With a reputation for trust and performance, the company serves global markets while upholding its core values of integrity, responsibility, and industry leadership.
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. |
Objects of the IPO
Capital Expenditure: Allocate funds to expand production capacity for seamless and welded tubes and pipes.
Working Capital Requirements: Provide incremental funding to meet the company’s growing operational needs, including procurement of raw materials, inventory management, and other short-term expenses.clear.in
General Corporate Purposes: Utilize funds for various corporate activities, such as strategic initiatives, administrative expenses, and other operational requirements.
Merchant Bankers
- Monarch Networth Capital Ltd
Company Address
MUFG Intime India Private Ltd
Phone: +91-22-4918 6270
Email: scodatubes.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/publicissues.html
Check Grey market premium at below
(GMP)
Scoda Tubes IPO Registrar
Scoda Tubes Limited
Survey No. 1566/1,
Village Rajpur, Kadi,
Mehsana, Ahmedabad
Phone: 027 64278278
Email: cs@scodatubes.com
Website: https://www.scodatubes.com/