Scoda Tubes Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹130 - ₹140
- Lot size
- 100 shares
- Issue amount
- ₹220 cr
- Total subscription
- 57.92×
- Opens
- 28 May 2025
- Closes
- 30 May 2025
- Allotment
- 2 Jun 2025
- Listing
- 4 Jun 2025
Offer at a glance
Issue overview
- Issue size
- 1,57,14,286 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,000
- Fresh issue
- ₹220 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 39,79,470
- Shares after issue
- 1,96,93,755
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 100 | ₹14,000 |
| sHNI | 15 | 1,500 | ₹2,10,000 |
| bHNI | 72 | 7,200 | ₹10,08,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 55,000 | 9,73,426 |
| HNIs(10L +) | 1,048 | 28,876 |
| HNIs (2-10L) | 524 | 47,861 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 44 | 3,293.63 |
| RETAIL | 77 | 1,609.08 |
| HNIs 2+ | 11 | 1,040.08 |
| HNIs 10+ | 22 | 2,976.88 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 6.08 | 4.6 | 2.6 |
| ROE | 17.36 | 28.77 | 22.81 |
| ROCE | 13.67 | 15.92 | 12.62 |
| RONW | 17.36 | 28.77 | 22.81 |
| PRE IPO(PE) | 0 | 33.81 | 0 |
| POST IPO(PE) | 25.25 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Scoda Tubes Limited, established in 2008, manufactures stainless steel tubes and pipes. Its products include seamless and welded tubes and pipes, further categorized into stainless steel seamless pipes, seamless tubes, seamless U tubes, instrumentation tubes, and welded tubes and U tubes. The company serves engineering firms, EPC companies, and industrial clients across sectors such as oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation.
Strengths
- Expert Manufacturing: Specializes in producing stainless-steel seamless and welded tubes and pipes.
- International Certifications: Accredited globally with product approvals that ensure adherence to quality standards.
- Wide Industry Reach: Supplies products to various sectors such as oil & gas, power, chemical, and transportation industries.
Risk factors
- High Customer Concentration: A large share of revenue is generated from the top 10 customers; losing any of them or a reduction in their orders could negatively impact financial results.
- Reliance on Limited Stockists: Heavily dependent on a small group of stockists, including exclusive partners in Maharashtra and the U.S.; any disruption in these relationships could hinder distribution and affect revenue.
- Industry-Specific Demand Risk: Strong reliance on the engineering, EPC, and industrial sectors; a downturn in these industries could significantly affect business performance.
Promoters
Samarth Patel
Jagrutkumar Patel
Ravi Patel
Saurabh Patel
nd Vipulkumar Patel
Registrar & documents
Lead manager
Monarch Networth Capital Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Survey No. 1566/1, Village Rajpur, Kadi, Mehsana, Ahmedabad
027 64278278
[email protected]Company website ↗Understanding SCODATUBES IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.