IPO Details
Bidding Dates
28 May 25 - 30 May 25
Lot Size
100
Price Range ₹
130 - 140
Exchange Status
NSE,BSE
Total Equity
₹ 0.00Cr
IPO Doc
IPO Timeline
Offer start
28 May 2025
Offer end
30 May 2025
Allotment
02 Jun 2025
Refund initiation
03 Jun 2025
Demat transfer
03 Jun 2025
Listing
04 Jun 2025
Offer start
28 May 2025
Offer end
30 May 2025
Allotment
02 Jun 2025
Refund initiation
03 Jun 2025
Demat transfer
03 Jun 2025
Listing
04 Jun 2025
About Company
Incorporated in 2008, Scoda Tubes Limited is a manufacturer of stainless steel tubes and pipes, specializing in seamless and welded products across five key lines, including seamless pipes, tubes, “U” tubes, instrumentation tubes, and welded tubes. The company serves diverse industries such as oil and gas, chemicals, power, pharmaceuticals, automotive, and railways. Its manufacturing facility is located in Rajpur, Kadi, Gujarat, equipped with a hot piercing mill for producing seamless tube raw materials. Scoda Tubes has a strong market presence, supplying 49 stockists domestically and exporting to 16 countries including the US and major European markets. As of August 2024, it employs 496 people and reported a revenue of ₹363.48 crore and a profit after tax of ₹24.91 crore for the fiscal year ended December 2024.
Year Founded
10-11-2008
Promotor Details
Samarth Patel
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 0 |
| Share Capital | 39794700 | 0 |
Project Details
- Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes - 1049.84cr
- F unding the part incremental working capital requirements of our Company - 1100cr
Objectives
- Our Company proposes to utilise the Net Proceeds from the Issue towards the following objects:Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes
- Funding the part incremental working capital requirements of our Company
- General corporate purposes.
Highlights
- Wide product range including seamless and welded stainless steel tubes catering to diverse industries.
- Strong international presence with exports to 16 countries and a broad distribution network.
- Advanced manufacturing facility with hot piercing mill for seamless tube production.
- Consistent revenue growth and improving profitability over recent years.
- Experienced workforce with a mix of permanent and contractual employees supporting operations.
Challenges
- Heavy dependence on stockists for domestic and international distribution.
- Significant borrowing levels may impact financial flexibility.
- Revenue showed a slight decline in the latest fiscal year, indicating potential market challenges.
- Concentrated manufacturing base in Gujarat could pose logistical risks.
- Competitive pressure from other stainless steel tube manufacturers in global markets.
