Bookbuilding IPO | ₹220 Cr | Listed at BSE, NSE | Wed, May 28, 2025 - Fri, May 30, 2025
Scoda Tubes IPO is a book build issue of ₹220.00 crores. The issue is entirely a fresh issue of 1.57 crore shares of ₹220.00 crore.
Scoda Tubes IPO bidding started from May 28, 2025 and ended on May 30, 2025. The allotment for Scoda Tubes IPO was finalized on Jun 2, 2025. The shares got listed on BSE, NSE on Jun 4, 2025.
Scoda Tubes IPO price band is set at ₹140 per share. The lot size for an application is 100. The minimum amount of investment required by an retail is ₹14,000 (100 shares) (based on upper price). The lot size investment for sNII is 15 lots (1,500 shares), amounting to ₹2,10,000, and for bNII, it is 72 lots (7,200 shares), amounting to ₹10,08,000.
Monarch Networth Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Scoda Tubes IPO RHP for detailed Information.
IPO Open
Wed, May 28, 2025
IPO Close
Fri, May 30, 2025
Issue Price
₹140 per share
Market Cap (Pre-IPO)
₹838.73 Cr
| IPO Date | 28 to 30 May, 2025 |
| Listed on | Wed, Jun 4, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹130 to ₹140 |
| Issue Price | ₹140 per share |
| Lot Size | 100 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,57,14,200 shares (agg. up to ₹220 Cr) |
| Fresh Issue | 1,57,14,200 shares (agg. up to ₹220 Cr) |
| Share Holding Pre Issue | 4,41,94,700 shares |
| Share Holding Post Issue | 5,99,08,900 shares |
| BSE Script Code / NSE Symbol | 544411 / SCODATUBES |
| ISIN | INE090501011 |
Scoda Tubes IPO offers total 1,57,14,200 shares. Out of which 78,57,000 (50.00%) allocated to QIB, 31,42,800 (20.00%) allocated to QIB (Ex- Anchor), 23,57,200 (15.00%) allocated to NII 55,00,000 (35.00%) allocated to RII and 47,14,200 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Max Allottees |
|---|---|---|
| QIB Shares Offered | 78,57,000 (50.00%) | NA |
| − Anchor Investor Shares Offered | 47,14,200 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 31,42,800 (20.00%) | NA |
| NII (HNI) Shares Offered | 23,57,200 (15.00%) | NA |
| − bNII > ₹10L | 15,71,400 (10.00%) | 1,047 |
| − sNII < ₹10L | 7,85,800 (5.00%) | 523 |
| Retail Shares Offered | 55,00,000 (35.00%) | 55,000 |
| Total Shares Offered | 1,57,14,200 (100.00%) |
Investors can bid for a minimum of 100 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹14,000 |
| Retail (Max) | 14 | 1,400 | ₹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 |
Scoda Tubes IPO raises ₹66.00 crore from anchor investors. Scoda Tubes IPO Anchor bid date is May 27, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, May 27, 2025 |
| Shares Offered | 47,14,200 |
| Anchor Portion (₹ Cr.) | 66.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Tue, Jul 1, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sat, Aug 30, 2025 |
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:
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:
Market Presence (Fiscal 2024):
Distribution Network:
Workforce (as of August 31, 2024):
Contractual Workers: 347
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 428.49 | 330.42 | 238.26 | 156.06 |
| Total Income | 363.48 | 402.49 | 307.79 | 195.05 |
| Profit After Tax | 24.91 | 18.30 | 10.34 | 1.64 |
| EBITDA | 60.63 | 58.79 | 34.78 | 9.99 |
| 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 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes. | 76.99 |
| 2 | Funding the part incremental working capital requirements of the Company | 110.00 |
| 3 | General corporate purposes | 13.74 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 28.77% |
| ROCE | 15.92% |
| RoNW | 28.77% |
| PAT Margin | 4.58% |
| EBITDA Margin | 14.70% |
| Price to Book Value | 8.76 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.14 | 5.54 |
| P/E (x) | 33.81 | 25.25 |
| Promoter Holding | 90.04% | 66.43% |
| Market Cap | ₹838.73 Cr. |
The Scoda Tubes IPO is subscribed 57.37 times on May 30, 2025 6:19:33 PM (Day 3). The public issue subscribed 20.89 times in the retail category, 72.97 times in the QIB category, and 121.72 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 72.97 | 31,42,943 | 22,93,30,500 |
| NII | 121.72 | 23,57,143 | 28,69,13,500 |
| bNII (bids above ₹10L) | 135.31 | 15,71,429 | 21,26,34,400 |
| sNII (bids below ₹10L) | 94.54 | 7,85,714 | 7,42,79,100 |
| Retail | 20.89 | 55,00,000 | 11,48,79,200 |
| Total | 57.37 | 1,10,00,086 | 63,11,23,200 |
Total Application : 12,75,179
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLM (including underwriting commissions, brokerage and selling commission) | 13.76 |
| 2 | Commission/ processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Issue. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs (1)(2)(3)(4) | 1.43 |
| 3 | Fees payable to the Registrar to the Issue | 0.16 |
| 4 | Fees payable to the other advisors to the Issue | 0.32 |
| 5 | Statutory Auditors, for issuing the Restated Financial Information, for providing the statement of special direct and indirect tax benefits available to our Company and to our Shareholders, and to verify the details and provided certifications with respect to certain information included in the DRHP | 0.27 |
| 6 | Industry Report provider for preparing the industry report, commissioned and paid for by our Company | 0.22 |
| 7 | Others 1. Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | 1.18 |
| 8 | Others 2. Printing and distribution of issue stationery | 0.94 |
| 9 | Others 3. Advertising and marketing expenses | 1.05 |
| 10 | Others 4. Fee payable to legal counsel | 0.75 |
| 11 | Others 5. Miscellaneous | 1.06 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹140.00 | ₹140.00 |
| Open | ₹140.00 | ₹140.00 |
| Low | ₹136.00 | ₹135.10 |
| High | ₹146.95 | ₹147.00 |
| Last Trade | ₹146.95 | ₹147.00 |
Lead Manager Reports
Scoda Tubes IPO is a main-board IPO of 1,57,14,200 equity shares of the face value of ₹10 aggregating up to ₹220 Crores. The issue is priced at ₹140 per share. The minimum order quantity is 100.
The IPO opens on Wed, May 28, 2025, and closes on Fri, May 30, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Scoda Tubes IPO using UPI as a payment gateway. Zerodha customers can apply in Scoda Tubes IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Scoda Tubes IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Scoda Tubes IPO opens on Wed, May 28, 2025 and closes on Fri, May 30, 2025.
Scoda Tubes IPO lot size is 100, and the minimum amount required for application is ₹14,000.
You can apply in Scoda Tubes IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Scoda Tubes IPO will be done on Monday, June 2, 2025, and the allotted shares will be credited to your demat account by Tue, Jun 3, 2025. Check the Scoda Tubes IPO allotment status.
The Scoda Tubes IPO listing date is on Wed, Jun 4, 2025.
