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Here are the important dates you need to know in order to participate in this IPO
Offer Start Date
28th May
Offer End Date
30th May
Allotment Date
2nd Jun
Refund Initiation
3rd Jun
Demat Transfer
3rd Jun
Listing Date
4th Jun
Scoda Tubes Limited is a stainless-steel tubes and pipes manufacturer with over 14 years of experience, based in India. Established in 2008, the company has built a broad product portfolio that includes seamless and welded stainless-steel pipes and tubes. These are further segmented into five product lines: stainless steel seamless pipes, seamless tubes, seamless “U” tubes, instrumentation tubes, and welded tubes including “U” tubes. The company’s products are marketed under the brand “Scoda Tubes Limited” and are used across various industries such as oil and gas, chemicals, fertilisers, pharmaceuticals, power, automotive, and engineering sectors.
Scoda Tubes operates a modern manufacturing unit in Mehsana, Gujarat, equipped with a hot piercing mill for producing mother hollow, a key input for seamless products. In fiscal 2024, it supplied products to 49 stockists and exported to 16 countries, including the US and major European nations. With a workforce of 496 employees (149 permanent and 347 contractual), the company also has a structured distribution network in India, the United States, and Europe.
| Pre-Issue | Post-Issue | |
|---|---|---|
| Promoter Group | 90.04% | 66.43% |
| Public Group | 9.96% | 33.57% |
| QIB Shares Offered | 31,42,857 (20%) |
| NII (HNI) Shares Offered | 23,57,143 (15%) |
| Retail Shares Offered | 55,00,000 (35%) |
| Anchor Investor Shares Offered | 47,14,286 (30%) |
| Total Shares Offered | 1,57,14,286 |
| Total Shares With Anchor Investor | 1,57,14,286 |
| 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 |
| Bid Date | May 27, 2025 |
| Shares Offered | 47,14,200 |
| Anchor Investment Details | 65.9988 |
| MUFG Intime India Pvt Ltd | |
|---|---|
| Phone Number | +91 8108114949 |
| Email Id | scodatubes.ipo@linkintime.co.in |
| Website | https://in.mpms.mufg.com |
1. Monarch Networth Capital Ltd
| March 31, 2025 | March 31, 2024 | March 31, 2023 | |
|---|---|---|---|
| Net Worth | ₹150.38 Cr | ₹63.61 Cr | ₹45.31 Cr |
| Reserves and Surplus | ₹106.19 Cr | ₹62.33 Cr | ₹44.03 Cr |
| Total Borrowing | ₹210.24 Cr | ₹202.66 Cr | ₹139.31 Cr |
| Category | No. of shares offered | No. of shares bid | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIBs) | 33,84,569 | 23,52,59,000 | 69.5093 |
| Non Institutional Investors (NIIs) | 25,38,500 | 28,69,25,600 | 113.0296 |
| Retail Individual Investors (RIIs) | 59,23,100 | 11,49,34,300 | 19.4044 |
| Total | 1,18,46,169 | 63,71,18,900 | 53.7827 |
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Global demand for stainless steel tubes and pipes rose from around 2.7 million tonnes per year in 2019 to roughly 3.1 million tonnes per year in 2023.
This growth reflects a compound annual growth rate (CAGR) of about 3%.
Welded variants made up around 80–85% of global demand, while seamless ones accounted for the remaining 15–20%.
In India, demand grew from 0.23 million tonnes in FY20 to 0.32 million tonnes in FY24.
This equates to a CAGR of nearly 9% over the period.
Welded tubes and pipes have consistently held a 65% share of domestic demand, with seamless variants comprising the other 35%.
Looking ahead, domestic demand is projected to grow at a CAGR of 6–8% between FY24 and FY29.
By FY29, demand is estimated to reach between 0.45 and 0.47 million tonnes.
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Scoda Tubes Ltd IPO is a Mainboard IPO of 1,57,14,286 equity shares of a face value of ₹10 aggregating up to ₹220 Crores. The issue is priced at ₹130 to ₹140 per share. The minimum order quantity is 100 Shares. The IPO opens on May 28, 2025, and closes on May 30, 2025. MUFG Intime India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE,NSE.
The Scoda Tubes Ltd IPO opens on May 28, 2025 and closes on May 30, 2025.
Scoda Tubes Ltd lot size is 100 shares, and the minimum amount required is ₹14,000.
You can apply in Scoda Tubes Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:
The finalization of Basis of Allotment for Scoda Tubes Ltd IPO will be done on June 02, 2025, and the allotted shares will be credited to your demat account by June 03, 2025.
The Scoda Tubes Ltd listing date is June 04, 2025.
The registrar of Scoda Tubes Ltd IPO is MUFG Intime India Pvt Ltd
Monarch Networth Capital Ltd will be the book-running lead manager of this IPO.
The fresh issue size is ₹220 Crores equity shares.
Retail investors can subscribe to a minimum of one lot, 100 shares and ₹14,000 amount.
To apply for Scoda Tubes Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.
The price of each Scoda Tubes Ltd share will be ranging in between ₹130 to ₹140 per share.
The cut-off time for the UPI mandate confirmation is 5:00 PM, May 30, 2025.
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