Scoda Tubes Limited
Scoda Tubes is launching its IPO through a book-building process, aiming to raise ₹220 crore. This issue consists entirely of a fresh offering of 1.57 crore equity shares. The IPO will open for p ...
The basis of allotment is likely to be finalised on June 2, 2025, and the shares are expected to be listed on the BSE and NSE by June 4, 2025. The price band for the IPO is fixed between ₹130 and ₹140 per share. Retail investors need to apply for a minimum of 100 shares, which amounts to ₹13,000 at the lower price band.
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IPO Timeline
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28 May 2025Bidding Starts
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30 May 2025Bidding Ends
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02 Jun 2025Allotment Finalization
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03 Jun 2025Refund Date
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03 Jun 2025Demat Date
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04 Jun 2025Listing Date
Scoda Tubes Limited Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| 31 Mar 2022 | 156.06 Cr | 195.05 Cr | 1.64 Cr |
| 31 Mar 2023 | 238.26 Cr | 307.79 Cr | 10.34 Cr |
| 31 Mar 2024 | 330.42 Cr | 402.49 Cr | 18.30 Cr |
| 31 Dec 2024 | 428.49 Cr | 363.48 Cr | 24.91 Cr |
About Scoda Tubes Limited
Incorporated in 2008, Scoda Tubes is an Indian manufacturer of stainless-steel seamless and welded tubes and pipes, catering to sectors such as oil and gas, power, chemicals, and transportation. Th ...
Strengths
- Specialised focus on value-added stainless-steel long products
- Strong global accreditations and industry certifications
- Well-diversified international customer portfolio
- Strategically located integrated manufacturing facility
- Robust quality control with minimal rejection rates
- Steady financial growth with ongoing capacity expansion
Risks
- Dependence on limited stockist network for sales and distribution
- Risk of termination or underperformance by exclusive stockists
- Exposure to recall of unsecured loans by lenders at any time
- Potential cash flow strain due to sudden loan repayments
- Reliance on third-party logistics for product and raw material transport
- Adverse impact from logistics delays or rising transportation costs
- Vulnerability to theft, accidents, or loss of goods in transit
The company plans to allocate the net proceeds from the issuance to the following purposes:
- The funds will be used to expand the company’s production capacity for both seamless and welded tubes and pipes, helping meet growing demand in domestic and international markets.
- A portion of the proceeds will support additional working capital needs, ensuring smooth day-to-day operations and better inventory and order management.
- The remaining funds will be used for general corporate purposes.
Scoda Tubes IPO Promoter Holding
Samarth Patel, Jagrutkumar Patel, Ravi Patel, Saurabh Patel and Vipulkumar Patel are the company promoters.
| Share Holding Pre Issue | 100% |
Share Holding Post Issue | 0% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
FAQs
When Scoda Tubes IPO will open?
The Scoda Tubes IPO opens on May 28, 2025 and closes on May 30, 2025.
What is the lot size of Scoda Tubes IPO?
Scoda Tubes IPO lot size is 100, and the minimum amount required is ₹14,000.
When is Scoda Tubes IPO allotment?
The finalization of Basis of Allotment for Scoda Tubes IPO will be done on Monday, June 2, 2025, and the allotted shares will be credited to your demat account by Tuesday, June 3, 2025.
When is Scoda Tubes IPO listing date?
The Scoda Tubes IPO listing date is not yet announced. The tentative date of Scoda Tubes IPO listing is Wednesday, June 4, 2025.
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