Who is the CEO of Scoda Tubes Ltd?
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The CEO of Scoda Tubes Ltd is Aditya Chavan.
BAJAJ BROKING
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.
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
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 |
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 |
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.
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.
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.
KPI | Values |
ROE | 28.77% |
ROCE | 15.92% |
RoNW | 28.77% |
PAT Margin | 4.58 |
Price to Book Value | 8.76 |
Registrar | Lead Manager(s) |
---|---|
MUFG Intime India Private Limited ((Link Intime) | Monarch Networth Capital 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/
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.
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The CEO of Scoda Tubes Ltd is Aditya Chavan.
The Scoda Tubes IPO will open for subscription on May 28, 2025, and will close on May 30, 2025.
Scoda Tubes Ltd is engaged in the manufacturing of stainless-steel tubes and pipes, offering both seamless and welded variants across multiple industrial applications. The company serves diverse sectors such as oil and gas, chemicals, power, pharmaceuticals, and transportation. While the long-term sustainability depends on factors like market demand, operational efficiency, and sectoral trends, the company’s diversified product line and customer base provide a broad foundation for business continuity.
The issue size of the Scoda Tubes IPO is 1,57,14,286 equity shares, aggregating up to ₹220.00 crore.
‘Pre-apply’ is a facility offered by some brokers that allows investors to place their IPO application ahead of the official subscription window. These applications are processed once the IPO opens.
After submitting the IPO application and successfully approving the UPI mandate (before 5 PM on May 30, 2025), you will receive a confirmation from your broker and UPI app. This indicates that your order has been placed.
The minimum lot size for retail investors is 1 lot, which consists of 100 shares. The minimum application amount at the upper price band is ₹14,000.
The tentative allotment date for the Scoda Tubes IPO is June 2, 2025.
The registrar for the Scoda Tubes IPO is MUFG Intime India Private Limited (Link Intime).
As per publicly available information and IPO filings, there are no reported governance issues or red flags in the leadership or board structure of Scoda Tubes Ltd at this time.
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