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Scoda Tubes IPO

  • Status: Closed
  • RHP:
  • ₹ 13,000 / 100 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    04 Jun 2025

  • Listing Price

    ₹140.00

  • Listing Change

    0.00%

  • Last Traded Price

    ₹162.96

Scoda Tubes IPO Details

  • Open Date

    28 May 2025

  • Close Date

    30 May 2025

  • Listing Date

    04 Jun 2025

  • IPO Price Range

    ₹ 130 to ₹140

  • IPO Size

    ₹ 220 Cr

  • Listing Exchange

    BSE NSE

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Scoda Tubes IPO Timeline

Scoda Tubes IPO Subscription Status

Last Updated: 17 June 2025 11:13 AM by 5paisa

Scoda Tubes Limited is launching a ₹220 crore IPO. It manufactures stainless-steel tubes and pipes, including seamless and welded variants. Its five main product lines serve sectors like oil & gas, power, pharma, and transport. Operating from Mehsana, Gujarat, the firm uses a hot piercing mill to produce mother hollows. In FY24, it supplied 49 stockists and exported to 16 countries, including the U.S., Germany, and France under its own brand.

Established in: 2008
Chairman and Executive Director: Mr. Samarth Patel

Peers

Ratnamani Metals & Tubes Limited
Venus Pipes & Tubes Limited
Welspun Specialty Solutions Limited
Suraj Limited
 

Scoda Tubes Objectives

Capital expenditure for expanding seamless and welded tube production capacity
Meeting additional working capital needs
General corporate purposes
 

Scoda Tubes IPO Size

Types Size
Total IPO Size ₹220.00 Cr.
Offer For Sale -
Fresh Issue ₹220.00 Cr.

 

 Scoda Tubes IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 100 13,000
Retail (Max) 14 1400 182,000
HNI (Min) 15 1500 195,000
HNI (Max) 71 7100 923,000
B-HNI (Min) 72 7200 936,000

Scoda Tubes IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 72.97 31,42,943 22,93,30,500 3,210.63
NII (HNI) 121.71 23,57,143 28,68,92,200 4,016.49
bNII (bids above ₹10L) 135.31 15,71,429 21,26,34,400 2,976.88
sNII (bids below ₹10L) 94.51 7,85,714 7,42,57,800 1,039.61
Retail 20.85 55,00,000 11,46,78,000 1,605.49
Total** 57.35 1,10,00,086 63,09,00,700 8,832.61

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Scoda Tubes IPO Anchor Allocation

Anchor Bid Date May 27, 2025
Shares Offered 47,14,200
Anchor portion Size (In ₹ Cr.) 66
Anchor lock-in period end date for 50% shares (30 Days) July 4, 2025
Anchor lock-in period end date for remaining shares (90 Days) September 2, 2025

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 195.05 307.79 402.49
EBITDA 9.99 34.78 58.79
PAT 1.64 10.34 18.30
Particulars (in Rs. Crores)] FY22 FY23 FY24
Total Assets 156.06 238.26 330.42
Share Capital 1.28 1.28 1.28
Total Borrowings 109.90 139.91 202.66
Particulars (in Rs. Crores FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities -46.87 20.35 2.26
Net Cash Generated From / (used in) investing activities -33.44 -38.52 -46.58
Net Cash Generated From / (used in) financing activities 80.16 17.94 44.27
Net Increase (Decrease) In Cash And Cash Equivalents -0.14 -0.24 -0.05


Strengths

1. Specialized in stainless-steel pipes with strong customization capabilities.
2. Strategically located plant with backward integration and ample expansion space.
3. Diversified customer base across industries and geographies.
4. Strong financial growth and international accreditations build market trust.
 

Weaknesses

1. Elongated working capital cycle increases operational pressure.
2. Declining current ratio indicates liquidity tightening.
3. High reliance on stainless-steel prices for margin stability.
4. Limited product diversification beyond stainless-steel tubes and pipes.
 

Opportunities

1. Government infrastructure push and import duties favor domestic players.
2. Global LNG and pipeline expansion drives long-term demand.
3. “Make in India” and PLI schemes support local manufacturing.
4. Rising exports to 16+ countries with room for geographic expansion.
 

Threats

1. Raw material price volatility may hurt profitability.
2. Global economic slowdown can reduce industrial steel demand.
3. Policy shifts in trade duties could impact competitiveness.
4. High competition from low-cost international players persists.
 

1. Strong revenue and PAT growth in FY24 reflect solid financial momentum and efficient operations.
2. Strategic Gujarat location, backward integration, and export presence support long-term scalability.
3. Government policies and global demand trends favour stainless-steel tube manufacturers in India.
4. IPO proceeds will boost production capacity and strengthen working capital for future expansion.
 

1. India's stainless steel tube market is projected to grow at 6.43% CAGR till 2030.
2. Demand is rising due to expansion in oil & gas, pharma, construction, and auto sectors.
3. Government support through 'Make in India' and anti-dumping duties boosts domestic producers.
4. Scoda benefits from its Gujarat location, growing exports, and upcoming capacity expansion.
 

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FAQs

Scoda Tubes IPO opens from 28 May 2025 to 30 May 2025.

The size of Scoda Tubes IPO is ₹220.00 Cr.

The price of Scoda Tubes IPO is fixed at ₹130 to ₹140  per share. 

To apply for Scoda Tubes IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Scoda Tubes  IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.

The minimum lot size of Scoda Tubes IPO is 100 shares and the investment required is ₹13,000.

The share allotment date of Scoda Tubes IPO is 2 June 2025

The Scoda Tubes IPO will likely be listed on 4 June 2025.

Monarch Networth Capital Ltd is the book running lead manager for Scoda Tubes IPO.

Scoda Tubes plans to utilise the raised capital from the IPO for:

  • Capital expenditure for expanding seamless and welded tube production capacity
  • Meeting additional working capital needs
  • General corporate purposes