Scoda Tubes IPO vs VMS TMT IPO

Comparison between Scoda Tubes IPO and VMS TMT IPO.

IPO Details

Scoda Tubes IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while VMS TMT IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Scoda Tubes IPO is up to ₹220.00 Cr whereas the issue size of the VMS TMT IPO is up to ₹148.50 Cr. The final issue price of Scoda Tubes IPO is ₹140.00 per share and of VMS TMT IPO is ₹99.00 per share.

 Scoda Tubes IPOVMS TMT IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹130.00 per share₹94.00 per share
Issue Price (Upper)₹140.00 per share₹99.00 per share
Issue Price (Final)₹140.00 per share₹99.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size100 shares150 shares
Fresh Issue Size1,57,14,200 shares1,50,00,000 shares
Fresh Issue Size (Amount)up to ₹220.00 Crup to ₹148.50 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,57,14,200 shares1,50,00,000 shares
Issue Size Total (Amount)up to ₹220.00 Crup to ₹148.50 Cr

IPO Timetable

Scoda Tubes IPO opens on May 28, 2025, while VMS TMT IPO opens on Sep 17, 2025. The closing date of Scoda Tubes IPO and VMS TMT IPO is May 30, 2025, and Sep 19, 2025, respectively.

 Scoda Tubes IPOVMS TMT IPO
Anchor Bid DateMay 27, 2025Sep 16, 2025
Issue OpenMay 28, 2025Sep 17, 2025
Issue CloseMay 30, 2025Sep 19, 2025
Basis Of Allotment (Tentative)Jun 02, 2025Sep 22, 2025
Initiation of Refunds (Tentative)Jun 03, 2025Sep 23, 2025
Credit of Share (Tentative)Jun 03, 2025Sep 23, 2025
Listing date (Tentative)Jun 04, 2025Sep 24, 2025
Anchor Lockin End date 1Jul 01, 2025Oct 21, 2025
Anchor Lockin End date 2Aug 30, 2025Dec 20, 2025

Financials & KPIs

Scoda Tubes IPO P/E ratio is 33.81, as compared to VMS TMT IPO P/E ratio of 22.24.

 Scoda Tubes IPOVMS TMT IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets428.49330.42238.26156.06
Total Income363.48402.49307.79195.05
Profit After Tax24.9118.3010.341.64
EBITDA60.6358.7934.789.99
NET Worth143.5563.6145.3134.98
Reserves and Surplus99.3562.3344.0333.69
Total Borrowing202.16202.66139.31109.90
Amount in ₹ Crore

Company Financials (Restated Consolidated)

VMS TMT Ltd.'s revenue decreased by 12% and profit after tax (PAT) rose by 14% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets449.35412.06284.23227.28
Total Income213.39771.41873.17882.06
Profit After Tax8.5815.4213.474.20
EBITDA19.4845.5341.2021.91
NET Worth81.7773.1946.5130.84
Reserves and Surplus47.1438.5633.1818.23
Total Borrowing309.18275.72197.86162.70
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.0496.28
Promoter Shareholding (Post-Issue)66.4367.19
P/E Ratio33.8122.24
Market Cap₹838.73 Cr.₹491.35 Cr.
ROE28.77%
ROCE15.92%12.79%
Debt/Equity3.77
EPS₹4.14₹4.45
RoNW28.77%20.14%

Shares Offered

In the Scoda Tubes IPO Retail Individual Investors (RII) are offered 55,00,000 shares while in VMS TMT IPO retail investors are offered 55,00,000 shares. Qualified Institutional Buyers (QIB) are offered 31,42,800 shares in Scoda Tubes IPO and 18,00,000 shares in VMS TMT IPO.

 Scoda Tubes IPOVMS TMT IPO
Anchor Investor Reservation47,14,200 shares27,00,000 shares
Market Maker Reservation0 shares0 shares
QIB31,42,800 shares18,00,000 shares
NII23,57,200 shares30,00,000 shares
RII55,00,000 shares75,00,000 shares
Employee0 shares0 shares
Others
Total1,57,14,200 shares1,50,00,000 shares

Bids Received (Subscription)

Scoda Tubes IPO subscribed 57.37x in total, whereas VMS TMT IPO subscribed 102.24x.

 Scoda Tubes IPOVMS TMT IPO
QIB (times)72.97x120.80x
NII (times)121.72x227.08x
Big NII (times)135.31x243.91x
Small NII (times)94.54x193.46x
RII (times)20.89x47.85x
Employee (times)
Other (times)
Total (times)57.37x102.24x

Compare with others

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Scoda Tubes IPO Vs VMS TMT IPO