Scoda Tubes Limited
May 28, 2025 - May 30, 2025
Scoda Tubes Limited IPO Details
Mainline
Status
listed
Issue Price
₹130.00 - ₹140.00
Lot Size
100 Shares
Subscription
57.37 times
Listing Price
Face Value
₹10 Per share
Issue Size
Approx ₹220 Cr
Fresh Issue
Approx ₹220 Cr
Total Shares Offered
-
Retail Quota
-
QIB Quota
-
HNI Quota
-
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Bookbuilding IPO
Listing On
BSE, NSE
Registrar
MUFG Intime India Private Limited ((Link Intime)
IPO Tentative Timetable
Open Date
Wed May 28 2025
Close Date
Fri May 30 2025
Allotment Date
Mon Jun 02 2025
Refunds Initiation
Tue Jun 03 2025
Demat Transfer
Tue Jun 03 2025
Listing Date
Wed Jun 04 2025
Promoters
Pre issue Share Holding
100%
Post issue Share Holding
-
Company Promoters
- -
Lead Managers
Monarch Networth Capital Ltd
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| May 28, 2025 | 1.51 | 3.09 | 2.83 | 3.61 | 2.29 | 2.24 |
| May 29, 2025 | 2.08 | 21.78 | 21.89 | 21.54 | 7.02 | 8.77 |
| May 30, 2025 | 72.97 | 121.72 | 135.31 | 94.54 | 20.89 | 57.37 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹14,000 |
| Retail (Max) | 14 | 1400 | ₹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 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 28.77% |
| ROCE | 15.92% |
| RoNW | 28.77% |
| PAT Margin | 4.58 |
| Price to Book Value | 8.76 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 31,42,943 (28.57%) | NA |
| NII (HNI) Shares Offered | 23,57,143 (21.43%) | - |
| bNII > ₹10L | 15,71,429 (14.29%) | 1,047 |
| sNII < ₹10L | 7,85,714 (7.14%) | 523 |
| Retail Shares Offered | 55,00,000 (50.00%) | 55,000 |
| Total Shares Offered | 1,10,00,086 (100%) | - |
Company Financial
| 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 |
About Company
Incorporated in 2008, Scoda Tubes Limited is a manufacturer of stainless-steel tubes and pipes.
The company's products are broadly categorized into two types: (i) seamless tubes/pipes and (ii) welded tubes/pipes. These 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.” Customers include engineering companies, EPC (Engineering, Procurement, and Construction) firms, and industrial companies across sectors such as oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation.
Manufacturing and Production:
The company operates a hot piercing mill for producing mother hollow, which serves as the primary raw material for stainless-steel seamless products.
Manufacturing Facility: Located on the Ahmedabad-Mehsana Highway in Rajpur, Kadi, Mehsana, Gujarat.
Market Presence (Fiscal 2024):
Supplied products to 49 stockists across domestic and international markets.
Exported to 16 countries, including the United States, Germany, Netherlands, Italy, Spain and France.
Distribution Network:
India: An authorized stockist in Maharashtra handles domestic sales.
United States: A dedicated stockist exclusively distributes products.
Europe: Products are 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
The company's products are broadly categorized into two types: (i) seamless tubes/pipes and (ii) welded tubes/pipes. These 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.” Customers include engineering companies, EPC (Engineering, Procurement, and Construction) firms, and industrial companies across sectors such as oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation.
Manufacturing and Production:
The company operates a hot piercing mill for producing mother hollow, which serves as the primary raw material for stainless-steel seamless products.
Manufacturing Facility: Located on the Ahmedabad-Mehsana Highway in Rajpur, Kadi, Mehsana, Gujarat.
Market Presence (Fiscal 2024):
Supplied products to 49 stockists across domestic and international markets.
Exported to 16 countries, including the United States, Germany, Netherlands, Italy, Spain and France.
Distribution Network:
India: An authorized stockist in Maharashtra handles domestic sales.
United States: A dedicated stockist exclusively distributes products.
Europe: Products are 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 Contact
survey no. 1566/1,village rajpur, kadi,mehsana, ahmedabad
Phone: 027 64278278
Email: cs@scodatubes.com
Website: https://www.scodatubes.com/
Registrar Contact
Phone: +91-22-4918 6270
Email: scodatubes.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html