Scoda Tubes IPO Description – Scoda Tubes, an India-based manufacturer with over 14 years of experience, specializes in stainless steel tubes and pipes. Its product offerings are broadly categorized into two segments: seamless tubes/pipes and 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, and Stainless steel welded tubes and “U” tubes. Scoda Tubes markets its high-quality stainless steel products under the brand name “Scoda Tubes,” reflecting its expertise and reliability in the industry.
The products manufactured by Scoda Tubes cater to a wide range of industries, including engineering companies, EPC firms, and industrial players in sectors such as oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation. As of 31 December 2024, the Manufacturing Facility boasts an annual installed capacity of 20,000 MT for mother hollow, 10,068 MT for seamless products, and 1,020 MT for welded products. Any surplus quantities of mother hollow, beyond the company’s internal consumption requirements, are sold in the open market.
During Fiscal 2024, Scoda Tubes successfully partnered with 49 stockists, catering to both domestic and international markets. Notably, the company expanded its reach to 16 countries, including prominent markets like the United States, Germany, the Netherlands, Italy, Spain, France, and many more.
Promoters of Scoda Tubes – Samarth Patel, Jagrutkumar Patel, Ravi Patel, Saurabh Patel, and Vipulkumar Patel
Table of Contents
Scoda Tubes IPO Details
| Scoda Tubes IPO Dates | 28 – 30 May 2025 |
| Scoda Tubes Issue Price | INR 130 – 140 per share |
| Fresh issue | INR 220 crore |
| Offer For Sale | Nil |
| Total IPO size | INR 220 crore |
| Minimum bid (lot size) | 100 shares (INR 14,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Scoda Tubes Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 9M FY 2025 | |
| Revenue | 194.03 | 305.13 | 399.86 | 361.17 |
| Expenses | 192.74 | 293.41 | 376.55 | 330.12 |
| Net income | 1.64 | 10.34 | 18.30 | 24.91 |
| Margin (%) | 0.85 | 3.39 | 4.58 | 6.90 |
Scoda Tubes Offer News
Scoda Tubes Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2025 (Post-Issue)* | |
| EPS | 0.37 | 2.34 | 4.14 | 5.54 |
| PE Ratio | – | – | 31.39 – 33.81 | 23.45 – 25.25 |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 4.68 | 22.81 | 28.77 |
| NAV | 8.79 | 11.39 | 15.99 |
| ROCE (%) | 5.84 | 12.62 | 15.92 |
| EBITDA (%) | 5.15 | 11.40 | 14.70 |
| Debt/Equity | 3.14 | 3.06 | 3.19 |
Scoda Tubes IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 3 June 2025 | 20 | – | 1,200 |
| 2 June 2025 | 18 | – | 1,100 |
| 31 May 2025 | 18 | – | 1,200 |
| 30 May 2025 | 22 | – | 1,500 |
| 29 May 2025 | 21 | – | 1,500 |
| 28 May 2025 | 21 | – | 1,500 |
| 27 May 2025 | 21 | – | 1,500 |
| 26 May 2025 | 15 | – | 1,000 |
| 24 May 2025 | 10 | – | 600 |
Scoda Tubes IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes – INR 104.98 crore
- Funding the part incremental working capital requirements of the company – INR 110 crore
- General corporate purposes
Scoda Tubes IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 33,84,569 | 25,38,500 | 59,23,100 | 1,18,46,169 |
| 30 May 2025 | 69.51 | 113.02 | 19.39 | 53.78 |
| 29 May 2025 | 1.93 | 20.21 | 6.46 | 8.11 |
| 28 May 2025 | 1.40 | 2.86 | 2.09 | 2.06 |
47,14,200 shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
Scoda Tubes – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Scoda Tubes | 33.81 | 4.14 | 28.77 | 15.99 | 399.86 |
| Ratnamani Metals | 40.82 | 89.18 | 19.90 | 448.07 | 5,059.09 |
| Venus Pipes | 51.20 | 42.36 | 21.17 | 200.05 | 802.20 |
Scoda Tubes IPO Allotment Status
Scoda Tubes IPO allotment status is now available on MUFG Intime’s website. Click on MUFG Intime IPO weblink to get allotment status.
Scoda Tubes IPO Dates & Listing Performance
| IPO Opening Date | 28 May 2025 |
| IPO Closing Date | 30 May 2025 |
| Finalization of Basis of Allotment | 2 June 2025 |
| Initiation of refunds | 3 June 2025 |
| Transfer of shares to demat accounts | 3 June 2025 |
| Scoda Tubes IPO Listing Date | 4 June 2025 |
| Opening Price on NSE | INR 140 per share (no change) |
| Closing Price on NSE | INR 147 per share (up 5%) |
Scoda Tubes IPO Reviews – Subscribe or Avoid?
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Scoda Tubes Offer Lead Manager
MONARCH NETWORTH CAPITAL LIMITED
4th Floor, B Wing, Laxmi Towers, G Block, Bandra
Kurla Complex, Bandra East, Mumbai – 400 051
Telephone: +91 22 66476400
Email: [email protected]
Website: www.mnclgroup.com
Scoda Tubes Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Scoda Tubes Contact Details
SCODA TUBES LIMITED
Survey No. 1566/1, Village Rajpur, Kadi,
Mehsana, Ahmedabad – 382740, Gujarat
Phone: 027 64278278
Email: [email protected]
Website: www.scodatubes.com
Scoda Tubes IPO FAQs
How many shares in Scoda Tubes IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Scoda Tubes Public Offer?
The best way to apply for Scoda Tubes public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Scoda Tubes IPO GMP today?
Scoda Tubes IPO GMP today is INR 20 per share.
What is the Scoda Tubes kostak rate today?
Scoda Tubes kostak rate today is INR NA per application.
What is Scoda Tubes Subject to Sauda rate today?
Scoda Tubes Subject to Sauda rate today is INR 1,200 per application.