BAJAJ BROKING

Notification close image
No new Notification messages
card image
Smartworks Coworking Spaces IPO is Open!
Apply for the Smartworks Coworking Spaces IPO through UPI in just minutes.
delete image
card image
Start your SIP with just ₹100
Choose from 4,000+ Mutual Funds on Bajaj Broking
delete image
card image
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
delete image
card image
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
delete image
card image
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.
delete image

Scoda Tubes IPO: Things Smart Investors Need to Know

Scoda Tubes Limited, established in 2008, is an Indian manufacturer with over 14 years of experience in producing stainless-steel tubes and pipes. The company’s offerings are divided into two key categories—seamless and welded tubes/pipes—across five specialised product lines: stainless steel seamless pipes, seamless tubes, seamless “U” tubes, instrumentation tubes, and welded tubes and “U” tubes. These products are marketed under the “Scoda Tubes Limited” brand and cater to a broad customer base, including engineering firms, EPC contractors, and industries in oil and gas, chemicals, fertilisers, power, pharmaceuticals, automotive, railways, and transportation.

The manufacturing facility, located in Mehsana, Gujarat, is equipped with a hot piercing mill used to produce mother hollow, a key raw material for seamless products. As of fiscal 2024, Scoda Tubes supplied to 49 stockists and exported its products to 16 countries. With a workforce of 496 employees and a growing presence across domestic and global markets, the company presents a structured business profile that may interest potential investors.

For more details, visit the Scoda Tubes IPO page.

Scoda Tubes IPO Details and Objectives

Details

Information

IPO Date

May 28, 2025 to May 30, 2025

Issue Size

1,57,14,286 shares

(aggregating up to ₹220.00 Cr)

Price Band

₹130 to ₹140 per share

Lot Size

100 shares

Listing At

NSE BSE

Purpose of the IPO

  • Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes (2)

  • Funding the part incremental working capital requirements of our Company

  • General corporate purposes

Timeline of Scoda Tubes IPO

Event

Date

IPO Open Date

Wed, May 28, 2025

IPO Close Date

Fri, May 30, 2025

Tentative Allotment

Mon, Jun 2, 2025

Initiation of Refunds

Tue, Jun 3, 2025

Credit of Shares to Demat

Tue, Jun 3, 2025

Tentative Listing Date

Wed, Jun 4, 2025

Cut-off time for UPI mandate confirmation

5 PM on May 30, 2025

Pricing & Lot Size of Scoda Tubes IPO

Price Band for the IPO

  • ₹130 to ₹140 per share

Minimum Lot Size and Application Details

Application

Lots

Shares

Amount

Retail (Min)

1

100

₹14,000

Retail (Max)

14

1400

₹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

How to Apply for the Scoda Tubes IPO?

Online Application Process

  • Log in to Your Trading Account
    Access your trading account through your broker’s platform.

  • Navigate to the IPO Section
    Go to the IPO section to view active IPO listings.

  • Select Scoda Tubes IPO
    Find "Scoda Tubes IPO" and click on the ‘Apply’ button.

  • Enter Application Details
    Specify the number of lots (minimum lot size: 100 shares) and the bid price within the range of ₹130 to ₹140 per share.

  • Provide Your UPI ID
    Enter your UPI ID for payment authorization. Ensure that sufficient funds are available in your linked account.

  • Review and Submit
    Verify all the details entered before submitting the application. Approve the UPI mandate before 5 PM on May 30, 2025, to complete your application process.

Financial Health and Performance

Key Financial Metrics

  • Total Assets: Grew from ₹156.06 crore in FY22 to ₹428.49 crore as of December 2024.

  • Revenue: Reached ₹363.48 crore in FY24.

  • Profit After Tax (PAT): Stood at ₹24.91 crore for December 2024.

  • Net Worth: Increased from ₹34.98 crore in FY22 to ₹143.55 crore as of December 2024.

  • Reserves and Surplus: Recorded at ₹99.35 crore (Dec 2024), growing steadily over the years.

  • Total Borrowings: Stood at ₹202.16 crore in December 2024.

Recent Performance and Growth Prospects

  • The company has experienced a consistent expansion in its asset base, indicating a steady scaling of operations.

  • Revenue generation has shown a strong upward trend, reflecting growing demand and increased market penetration.

  • Profitability has improved significantly, highlighting better cost management and operational efficiency.

  • The company's net worth has seen substantial growth, pointing to enhanced financial stability and investor confidence.

  • Reserves and surplus have gradually accumulated over the years, providing a stronger financial cushion for future growth.

  • Borrowings have increased in line with business expansion, suggesting the use of strategic funding to support growth initiatives.

Investment Risks and Opportunities

Potential Risks of Investing in the IPO

  • The company’s rising borrowings could pose a risk if not managed prudently, especially in periods of market volatility or economic slowdown.\

  • A significant portion of revenue depends on sectors like oil & gas, chemicals, and EPC, which are sensitive to cyclical market trends and policy changes.

Opportunities and Growth Potential

  • Expansion of production capacity through IPO proceeds positions the company to meet rising domestic and global demand for stainless steel tubes and pipes.

  • A diversified client base across high-growth industries and exports to multiple countries provides ample scope for scaling and long-term market penetration.

Key Performance Indicator (KPI)

KPI

Values

ROE

28.77%

ROCE

15.92%

RoNW

28.77%

PAT Margin

4.58

Price to Book Value

8.76

Scoda Tubes IPO Registrar & Lead Managers

Registrar

Lead Manager(s)

MUFG Intime India Private Limited ((Link Intime)

Monarch Networth Capital Ltd 

Company Address of Scoda Tubes Ltd

Scoda Tubes Limited

Survey No. 1566/1,

Village Rajpur, Kadi,

Mehsana, Ahmedabad

Phone: 027 64278278

Email: cs@scodatubes.com

Website: https://www.scodatubes.com/

Conclusion

Scoda Tubes Limited has maintained a presence in the stainless-steel tube and pipe manufacturing sector since 2008, offering a range of seamless and welded products under its brand. With operations based in Gujarat and exports spanning 16 countries, the company caters to several industrial sectors, indicating a wide distribution network and industry engagement.

The IPO aims to support capacity expansion and working capital needs, aligning with the company's recent financial performance. Stakeholders may consider the outlined financial and operational details before making any further assessment.

Interested in more opportunities? Check out our Upcoming IPO section for new listings, and don’t forget to check your IPO allotment status for Scoda Tubes IPO. 

Share this article: 

Frequently Asked Questions

No result found

search icon

Read More Blogs

Disclaimer :

The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.

The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.

Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.

Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

[ Read More ]

For more disclaimer, check here : https://www.bajajbroking.in/disclaimer

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

10 lakh+ Users

icon-with-text

4.2 App Rating

icon-with-text

4 Languages

icon-with-text

₹5600+ Cr MTF Book

icon-with-text
banner-icon

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Please Enter Mobile Number

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|