Scoda Tubes Limited IPO
Scoda Tubes Limited, based in India with over 14 years of experience, is a leading manufacturer of stainless-steel tubes and pipes. The company offers a wide range of products, including seamless and welded variants, categorized into five lines: stainless steel seamless pipes, seamless tubes, seamless “U” tubes, instrumentation tubes, and welded tubes and “U” tubes. Scoda serves diverse industries such as oil & gas, chemicals, power, pharmaceuticals, and transportation. The company also operates a 20,000 MT per annum hot piercing mill for producing mother hollows and provides job work services like annealing, straightening, pickling, and marking.
Price Band₹130 - ₹140 |
Dates28 May - 30 May |
GMP₹22 (15.71%) |
Subscriptions53.78 times |
Issue Size₹220.00 Crs |
Scoda Tubes IPO Objects
- Capex towards expanding production capacity of seamless and welded tubes and pipes
- Funding the part incremental working capital requirements of our Company
- General corporate purposes
Scoda Tubes IPO Details
Price Band₹130 - ₹140 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹220.00 Cr (1.57 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹220.00 Cr (1.57 Cr Shares) |
Face Value₹10 per equity share |
Scoda Tubes IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
100
14,000
Maximum
14
1,400
1,96,000
|
|||
| Small HNI |
Minimum
15
1,500
2,10,000
Maximum
71
7,100
9,94,000
|
|||
| Big HNI |
Minimum
72
7,200
10,08,000
|
|||
Scoda Tubes IPO Subscription
Updated as on 30-May-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 69.51 | 33,84,569 | 23,52,59,000 |
| NII | 113.03 | 25,38,500 | 28,69,25,600 |
| bNII (bids above ₹10L) | 125.65 | 16,92,300 | 21,26,34,400 |
| sNII (bids between ₹2L to ₹10L) | 87.79 | 8,46,200 | 7,42,91,200 |
| Retail | 19.40 | 59,23,100 | 11,49,34,300 |
| Total | 53.78 | 1,18,46,169 | 63,71,18,900 |
Scoda Tubes IPO GMP
The estimated Grey Market Premium of Scoda Tubes IPO is ₹22 per share (15.71%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Scoda Tubes IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 361.17 | 399.86 | 305.13 | 194.03 |
| Profit after Tax | 24.91 | 18.30 | 10.34 | 1.64 |
| Net Worth | 143.55 | 63.61 | 45.31 | 34.98 |
| Total Borrowing | 202.16 | 202.66 | 139.31 | 109.90 |
| Total Assets | 428.49 | 330.42 | 238.26 | 156.06 |
| NAV per share (in ₹) | 32.48 | 15.99 | 11.39 | 8.79 |
| EPS - Basic (in ₹) | 6.08 | 4.60 | 2.60 | 0.72 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 14.70% |
| PAT | 4.58% |
| ROE | 28.77% |
| ROCE | 15.92% |
| PE Ratio | 30.43 |
| PB Ratio | 8.76 |
| Mkt Cap (in Crs.) | 838.73 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Scoda Tubes IPO Peer Comparision
| Particulars | Scoda Tubes | Ratnamani Metals & Tubes | Venus Pipes & Tubes | Welspun Specialty Solutions | Suraj |
|---|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 399.86 | 5,059.09 | 802.20 | 696.67 | 330.67 |
| PAT (In Crs.) | 18.30 | 625.10 | 85.98 | 62.47 | 21.53 |
| EPS - Basic | 4.60 | 89.18 | 42.36 | 1.18 | 11.72 |
| NAV per share | 15.99 | 448.07 | 200.05 | 1.76 | 66.74 |
| RONW | 28.77% | 19.90% | 21.17% | 67.11% | 17.57% |
| EBITDA | 14.70% | 15.80% | 16.77% | 5.79% | 9.10% |
| PAT Margin | 4.58% | 12.36% | 10.72% | 8.97% | 6.51% |
| Price to earning (PE) | 30.43 | 31.93 | 30.77 | 27.15 | 34.79 |
- All information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 20, 2025 for Peers
Scoda Tubes IPO Peer Comparision
| Particulars | Scoda Tubes |
|---|---|
| Revenue from Ops (in Crs.) | 399.86 |
| PAT (In Crs.) | 18.30 |
| EPS - Basic | 4.60 |
| NAV per share | 15.99 |
| RONW | 28.77% |
| EBITDA | 14.70% |
| PAT Margin | 4.58% |
| Price to earning (PE) | 30.43 |
| Ratnamani Metals & Tubes | Venus Pipes & Tubes | Welspun Specialty Solutions | Suraj |
|---|---|---|---|
| 5,059.09 | 802.20 | 696.67 | 330.67 |
| 625.10 | 85.98 | 62.47 | 21.53 |
| 89.18 | 42.36 | 1.18 | 11.72 |
| 448.07 | 200.05 | 1.76 | 66.74 |
| 19.90% | 21.17% | 67.11% | 17.57% |
| 15.80% | 16.77% | 5.79% | 9.10% |
| 12.36% | 10.72% | 8.97% | 6.51% |
| 31.93 | 30.77 | 27.15 | 34.79 |
- All information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 20, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Samarth Patel | 14.03% |
| Saurabh Patel | 14.03% |
| Jagrutkumar Patel | 9.00% |
| Ravi Patel | 9.00% |
| Vipulkumar Patel | 3.24% |
| Other Promoter | 40.74% |
| Total | 90.04% |
Management Details
| Name | Designation |
|---|---|
| Samarth Patel | Chairman |
| Jagrutkumar Patel | MD |
| Ravi Patel | CFO |
Company Details
Name: Scoda Tubes Limited
Address: Survey No. 1566/1, Village Rajpur, Kadi,Mehsana, Ahmedabad – 382740, Gujarat
Number: 027 64278278
Email: cs@scodatubes.com
Website: www.scodatubes.com
Book Running Lead Managers (BRLMs)
Monarch Networth Capital
Visit WebsiteRTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Scoda Tubes IPO is a Mainboard IPO having an issue size of Rs. ₹220.00 Crs. Scoda Tubes IPO is priced at ₹130 - ₹140 per share. The issue opens on 28 May 25 and closes on 30 May 25.
Scoda Tubes IPO opens on 28 May 25 and closes on 30 May 25.
The estimated Grey Market Premium of Scoda Tubes IPO is ₹22 per share (15.71%).
The minimum lot size of Scoda Tubes IPO is 100 shares & the minimum application amount is Rs. 14000.
The allotment date of Scoda Tubes IPO is 02 Jun 25.
The listing date of Scoda Tubes IPO is 04 Jun 25.
Scoda Tubes IPO is subscribed 53.78 times.
Scoda Tubes IPO is priced at ₹130 - ₹140 per share.
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