Scoda Tubes Limited is a manufacturer of stainless-steel tubes and pipes.
The company’s products are broadly categorized into two types:
- Seamless tubes/pipes
- 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
- Stainless steel welded tubes and “U” tubes
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.
The Company Manufacturing and Production:
- The company operates a hot piercing mill for producing mother hollow, which serves as the primary raw material for stainless-steel seamless products.
- Manufacturing Facility: Located on the Ahmedabad-Mehsana Highway in Rajpur, Kadi, Mehsana, Gujarat.
The Company’s Market Presence (Fiscal 2024):
- Supplied products to 49 stockists across domestic and international markets.
- Exported to 16 countries, including the United States, Germany, Netherlands, Italy, Spain and France.
The Company’s Distribution Network:
- India: An authorized stockist in Maharashtra handles domestic sales.
- United States: A dedicated stockist exclusively distributes products.
- Europe: Products are supplied through stockists in Italy, Germany, Austria, and Eastern European markets.
The Company’s Workforce (as of August 31, 2024):
- Total Employees: 496
- Permanent Employees: 149
- Contractual Workers: 347
Scoda Tubes IPO – Details
| IPO Opening Date | 28 May 2025 |
| IPO Closing Date | 30 May 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 1,57,14,286 Shares Worth ₹220 Crore Fresh Issue: 1,57,14,286 Shares Worth ₹220 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹130 – ₹140 per share |
| Market Lot | 100 Shares |
| Min Order | 100 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Scoda Tubes IPO – Date Schedule
| IPO Open Date | 28 May 2025 |
| IPO Close Date | 30 May 2025 |
| Basis of Allotment | 02 June 2025 |
| Initiation of Refund | 03 June 2025 |
| Credit of Shares to Demat Account | 03 June 2025 |
| IPO Listing Date | 04 June 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 30, 2025 |
Scoda Tubes IPO – Lots Size & Price
| 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 |
Competitive Strength
- Specialised production of Stainless-Steel tubes and pipes;
- International Accreditations and product approvals;
- Customer Diversification and International Presence;
- Extensive and Effective Quality Control;
- Strategic location of Manufacturing Facility and fully integrated production;
- Experienced and Qualified Team;
- Consistent Financial Performance.
Company Promoters
- Samarth Patel
- Jagrutkumar Patel
- Ravi Patel
- Saurabh Patel
- Vipulkumar Patel
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 195.05 | 192.74 | 1.63 | 109.90 |
| 31 March 2023 | 307.78 | 293.40 | 10.33 | 139.31 |
| 31 March 2024 | 402.48 | 376.54 | 18.30 | 202.66 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 28.77% |
| ROCE | 15.92% |
| RoNW | 28.77% |
| PAT Margin | 4.58 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.14 | 5.54 |
| P/E (x) | 33.81 | 25.25 |
Object Of The Issue
- Capital expenditure towards expanding the production capacity of seamless and welded tubes and pipes.
- Funding the part incremental working capital requirements of the Company.
- General corporate purposes.
Scoda Tubes IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 2 | Ratnamani Metals & Tubes Limited | 40.82 |
| 2 | 10 | Venus Pipes & Tubes Limited | 51.20 |
| 3 | 6 | Welspun Specialty Solutions Limited | 44.77 |
| 4 | 10 | Suraj Limited | 38.00 |
Scoda Tubes IPO Promoter Holding
| Pre Issue Share Holding | 90.04% |
| Post Issue Share Holding | 66.43% |
Scoda Tubes IPO Prospectus
Company Contact Information
| Scoda Tubes Limited Survey No. 1566/1, Village Rajpur, Kadi, Mehsana, Ahmedabad Phone: 027 64278278 Email: cs@scodatubes.com Website: https://www.scodatubes.com/ |
Scoda Tubes IPO Registrar
| Link Intime India Private 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 Lead Manager(s)
| 1. Monarch Networth Capital Ltd |
Scoda Tubes IPO FAQs
| What is Scoda Tubes IPO? Scoda Tubes IPO is a main-board IPO. The issue is priced at ₹130 to ₹140 per equity share. The IPO is to be listed on BSE & NSE. |
| When Scoda Tubes IPO will open? The IPO is to open on 28 May 2025 for QIB, NII, and Retail Investors. |
| What is Scoda Tubes IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Scoda Tubes IPO? You can apply Scoda Tubes IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Scoda Tubes IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Scoda Tubes IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Scoda Tubes IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Scoda Tubes IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Scoda Tubes IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Scoda Tubes IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Scoda Tubes IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Scoda Tubes IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Scoda Tubes IPO Size? Scoda Tubes IPO size is ₹220.00 Crore. |
| What is the Scoda Tubes IPO Price Band? Scoda Tubes IPO Price Band is ₹130 to ₹140. |
| What is Scoda Tubes IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 100 Shares with ₹14,000 amount, while the maximum bid is 1400 Shares with ₹1,96,000. |
| What is the Scoda Tubes IPO Allotment Date? Scoda Tubes IPO allotment date is 02 June 2025. |
| What is the Scoda Tubes IPO Listing Date? Scoda Tubes IPO listing date is 04 June 2025. The IPO is to be listed on BSE and NSE. |
