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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 ₹140.00 per share . The lot size for an application is 100. The minimum amount of investment required by an retail is ₹13,000 (100 shares). 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 Date | May 28, 2025 to May 30, 2025 |
| Listing Date | June 4, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹130 to ₹140 per share |
| Issue Price Final | ₹140 per share |
| Lot Size | 100 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,57,14,200 shares (aggregating up to ₹220.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,41,94,700 shares |
| Share Holding Post Issue | 5,99,08,900 shares |
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, 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 | Maximum 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%) |
Scoda Tubes IPO raises ₹66.00 crore from anchor investors. Scoda Tubes IPO Anchor bid date is May 27, 2025. Scoda Tubes IPO Anchor Investors list
| Bid Date | May 27, 2025 |
| Shares Offered | 47,14,200 |
| Anchor Portion Size (In Cr.) | 66.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 1, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | August 30, 2025 |
Scoda Tubes IPO opens on May 28, 2025, and closes on May 30, 2025.
| IPO Open Date | Wed, May 28, 2025 |
| IPO Close Date | Fri, May 30, 2025 |
| Tentative Allotment | Mon, Jun 2, 2025 |
| Initiation of Refunds | Tue, Jun 3, 2025 |
| Credit of Shares to Demat | Tue, Jun 3, 2025 |
| Tentative Listing Date | Wed, Jun 4, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, May 30, 2025 |
Investors can bid for a minimum of 100 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 market capitalization of Scoda Tubes IPO is ₹838.73 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| 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 Rs | 4.14 | 5.54 |
| P/E (x) | 33.81 | 25.25 |
The Company Scoda Tubes IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] STL is engaged in the manufacturing and marketing of stainless-steel tubes and pipes. The demand for the products is on the rise and company is gearing with planned expansion to tap the opportunity. It posted growth in its top and bottom lines for the reported periods, that indicates likely trends going forward. Based on its financial data, the issue appears fully priced. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | June 4, 2025 |
| BSE Script Code | 544411 |
| NSE Symbol | SCODATUBES |
| ISIN | INE090501011 |
| Final Issue Price | ₹140 per share |
| NSE Listing Group | EQ (Rolling) |
| BSE Listing Group | B |
Scoda Tubes Ltd.
Survey No. 1566/1,
Village Rajpur, Kadi,
Mehsana,
Ahmedabad, Gujarat, 382740
Phone: 027 64278278
Email: cs@scodatubes.com
Website: https://www.scodatubes.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: scodatubes.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Scoda Tubes IPO is a main-board IPO of 1,57,14,200 equity shares of the face value of ₹10 aggregating up to ₹220.00 Crores. The issue is priced at ₹140 per share. The minimum order quantity is 100.
The IPO opens on May 28, 2025, and closes on 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 May 28, 2025 and closes on 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 Tuesday, June 3, 2025. Check the Scoda Tubes IPO allotment status.
The Scoda Tubes IPO listing date is on Wednesday, June 4, 2025.
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