IPO

Scoda Tubes IPO Date, Price, Review & Allotment Details 2025

May 21, 2025

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Scoda Tubes IPO Date, Price, Review & Allotment Details 2025

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The Scoda Tubes IPO will open on May 28, 2025, and close on May 30, 2025. This IPO follows the Book Building process. The company aims to raise approximately ₹220 crores through a fresh issue of ₹220 crores, along with an offer for sale of up to [.] equity shares, each having a face value of ₹10.

The IPO price band is set between ₹130 and ₹140 per share. The allocation is divided as 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs). The shares of Scoda Tubes are scheduled to be listed on the BSE and NSE on June 4, 2025, while the IPO allotment date is June 2, 2025.

Financially, the company reported revenue of ₹402.49 crores in 2024, up from ₹307.79 crores in 2023. Profit also grew from ₹10.34 crores in 2023 to ₹18.3 crores in 2024. Considering these strong financials, IPO investors are advised to consider applying for the Scoda Tubes IPO as a long-term investment.

Scoda Tubes IPO Market Lot Details

The minimum market lot for the Scoda Tubes IPO is [.] shares, requiring an application amount of ₹[.]. Retail investors can apply for up to 13 lots, totaling [.] shares with an application amount of ₹[.].

Application Type	Lot Size	Shares	Amount
Retail Minimum	1	–	₹-
Retail Maximum	13	–	₹-
S-HNI Minimum	14	–	₹-
B-HNI Minimum	68	–	₹-

Scoda Tubes IPO Dates

The Scoda Tubes IPO opens on May 28, 2025, and closes on May 30, 2025. The allotment process will be completed by June 2, 2025. Refunds and credit to demat accounts are scheduled for June 3, 2025, with the IPO shares set to list on the stock exchanges on June 4, 2025.

IPO Open Date: May 28, 2025
IPO Close Date: May 30, 2025
Basis of Allotment: June 2, 2025
Refunds: June 3, 2025
Credit to Demat Account: June 3, 2025
IPO Listing Date: June 4, 2025

Promoters of Scoda Tubes IPO

The promoters of Scoda Tubes are Samarth Patel, Jagrutkumar Patel, Ravi Patel, Saurabh Patel, and Vipulkumar Patel.

About Scoda Tubes IPO

Details about the Scoda Tubes IPO will be updated soon.

Scoda Tubes IPO Company Financial Report

Scoda Tubes reported a revenue of ₹402.49 crores in 2024, up from ₹307.79 crores in 2023. The company’s profit after tax (PAT) also increased to ₹18.3 crores in 2024 from ₹10.34 crores in 2023.

Period Ended	Revenue (₹ Crores)	Expense (₹ Crores)	Profit After Tax (₹ Crores)	Assets (₹ Crores)
2022	195.05	192.74	1.64	156.06
2023	307.79	293.41	10.34	238.26
2024	402.49	376.55	18.30	330.42

Scoda Tubes IPO Valuation – FY2024

Here are the key financial metrics for Scoda Tubes as of FY2024, which can help investors evaluate the IPO:

KPI	Value
Return on Equity (ROE)	28.77%
Return on Capital Employed (ROCE)	15.92%
EBITDA Margin	14.70%
PAT Margin	4.58%
Debt to Equity Ratio	3.19
Earnings Per Share (EPS) (Basic)	₹4.60
Price/Earnings (P/E) Ratio	N/A
Return on Net Worth (RoNW)	28.77%
Net Asset Value (NAV)	₹15.99

Peer Group Comparison

Company	EPS	P/E Ratio	RoNW %	NAV	Income (₹ Crores)
Ratnamani Metals & Tubes Limited	89.18	40.82	19.90%	448.07	5,059.09
Venus Pipes & Tubes Limited	42.36	51.20	21.17%	200.05	802.20
Welspun Specialty Solutions Limited	1.18	44.77	67.11%	1.76	696.67
Suraj Limited	11.72	38.00	17.57%	66.74	330.67

Objects of the Issue

Capital expenditure for expanding production capacity of seamless and welded tubes and pipes
Funding part of the company’s incremental working capital requirements
General corporate purposes

Scoda Tubes IPO Review

Brokerage & Research Reports:

Canara Bank
DRChoksey FinServ
Emkay Global
Hem Securities
IDBI Capital
Marwadi Shares
Nirmal Bang
SBICAP Securities
Sharekhan
SMC Global
Sushil Finance
Swastika Investmart
Ventura Securities
Geojit
Reliance Securities
Capital Market
BP Wealth
ICICIdirect
Choice Broking

Scoda Tubes IPO Registrar

MUFG Intime India Private Ltd
Phone: +91-22-4918 6270
Email: scodatubes.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

IPO Lead Managers (Merchant Bankers)

Monarch Networth Capital Ltd

Company Address

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 IPO FAQs

What is Scoda Tubes IPO?
Scoda Tubes IPO is a Mainboard offering through which the company plans to raise ₹220 crores. The price band is set between ₹130 and ₹140 per equity share. The IPO will be listed on both the BSE and NSE stock exchanges.
When will the Scoda Tubes IPO open for subscription?
The IPO opens for subscription on May 28, 2025, and will be available to QIBs, NIIs, and retail investors. The subscription window closes on May 30, 2025.
What is the investor allocation in Scoda Tubes IPO?
The IPO allocation is divided as follows: 50% for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs), and 35% for retail investors.

How to Apply for the Scoda Tubes IPO?

You can apply for the Scoda Tubes IPO through the ASBA facility online via your bank account. Alternatively, you can apply using ASBA through UPI via your stockbroker’s platform. Offline applications can also be submitted by filling out the physical form through your stockbroker.