To apply for the Scoda Tubes IPO, investors need to log in to their trading account via a registered broker platform and navigate to the IPO section. From there, select “Scoda Tubes IPO” and click on the ‘Apply’ option. Specify the number of lots—each lot consisting of 100 shares—and enter the bid price within the ₹130 to ₹140 range. You will be required to provide a valid UPI ID for payment authorisation. Ensure that you approve the UPI mandate by 5 PM on May 30, 2025, to complete your application. Double-check all entered details before submitting the application to avoid errors.
For complete details on this public offering, visit the Scoda Tubes IPO page on Bajaj Broking’s website.
Scoda Tubes IPO Application Process
The Scoda Tubes IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Scoda Tubes IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 100 shares) within the price band of ₹130 to ₹140 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
How to Check Scoda Tubes IPO Allotment Status?
Once the allotment for Scoda Tubes IPO is finalized, investors can check their status online using the following steps:
Step 1: Visit the Official Website of the IPO's Registrar
Access the registrar’s portal for allotment status updates.
Step 2: Navigate to the IPO Allotment Status Page
Locate the specific section for IPO allotment on the website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide the necessary details to retrieve your application status.
Step 4: Click on 'Submit' or 'Check Status'
Verify the allotment details displayed on the screen.
Step 5: Alternative Check on Stock Exchange Websites
Visit BSE or NSE websites and follow the IPO allotment instructions.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking, access the IPO section, and view your allotment updates in the IPO Allotment Status.
Additional Read: Scoda Tubes IPO Investment Guide: Objectives & Opportunities
About Scoda Tubes IPO: Overview and Key Facts
Scoda Tubes Limited, established in 2008, is an Indian manufacturer specializing in stainless-steel tubes and pipes. With over 14 years of experience, the company offers a diverse range of products, including seamless and welded tubes and pipes, catering to various industries such as oil and gas, chemicals, power, pharmaceuticals, automotive, railways, and transportation. The company's manufacturing facility is located in Mehsana, Gujarat, and is equipped with a hot piercing mill used to produce mother hollow, a key raw material for seamless products.
The initial public offering (IPO) of Scoda Tubes Limited is scheduled to open on May 28, 2025, and will close on May 30, 2025. The company aims to raise ₹220 crore through a fresh issue of 1.57 crore equity shares, with a price band set between ₹130 and ₹140 per share. The minimum lot size for investors is 100 shares. The proceeds from the IPO will be utilized for capital expenditure to expand production capacity, funding incremental working capital requirements, and for general corporate purposes.
The allotment of shares is expected to be finalized on June 2, 2025, with refunds initiated on June 3, 2025. Shares are anticipated to be credited to investors' demat accounts on June 3, 2025, and the listing is tentatively scheduled for June 4, 2025, on both the NSE and BSE. Monarch Networth Capital Limited is the book-running lead manager for the issue, and MUFG Intime India Private Limited is the registrar.
To check your application status, visit the Scoda Tubes IPO Allotment Status page on Bajaj Broking’s website.