Scoda Tubes Limited IPO Company Profile:

Incorporated in 2008, Scoda Tubes Limited is a specialized manufacturer of high-quality stainless-steel tubes and pipes, catering to a broad spectrum of industrial applications. The company’s product portfolio includes Austenitic, Martensitic, Duplex, and Super Duplex seamless pipes, tubes, and ‘U’ tubes. Scoda Tubes operates a fully integrated manufacturing facility equipped with advanced solar infrastructure, enhancing energy efficiency and reducing its carbon footprint. The company serves a diverse clientele, including engineering, EPC, and industrial firms operating in key sectors such as Oil & Gas, Chemicals, Fertilizers, Power, Pharmaceuticals, Automotive, Railways, and Transportation.

IPO-Note Scoda Tubes Limited
Rs.130– Rs.140 per Equity share Recommendation: Apply

Scoda Tubes Limited IPO Details:

Issue Details
Objects of the issue  

·         Working Capital Requirements

·         Capital Expenditure for expansion

·         General Corporate Expenses

Issue Size  Total issue Size – Rs. 220 Cr

 Fresh Issue – Rs. 220  Cr

Face value  

Rs . 10

Issue Price Rs. 130 – Rs. 140 per share
Bid Lot 100 Shares
Listing at  

BSE, NSE

Issue Opens May 28, 2025- May 30, 2025
QIB Not More than 50%  of Net Issue Offer
HNI Not Less than 15% of Net Issue Offer
Retail Not Less than 35% of Net Issue Offer

Scoda Tubes Limited IPO

Wants To Apply Online

Scoda Tubes Limited IPO Strengths:

  • As of December 31, 2024, the Manufacturing Facility has a total installed capacity of 20,000 MT per annum of mother hollow, 10,068 MT per annum of seamless products and 1,020 MT per annum of welded products.
  • As of December 31, 2024, the company operated 18 seamless and 2 welded product production lines at its manufacturing facility, supporting diverse production capabilities and enhancing operational efficiency.
  • Domestic stainless-steel demand is expected to grow at a CAGR of 7-9% during fiscals 2024-2029 to 5.3-5.5 million tonnes per annum in fiscal 2029. The major end-use industries that are expected to support this healthy domestic demand growth include consumer goods, process industries, infrastructure, building, construction, and automobile.
  • Favorable government policies, including a 29.88% anti-subsidy duty and a five-year anti-dumping duty on imports from China and Vietnam, are expected to curb predatory pricing, improve capacity utilization, and support margin expansion for domestic stainless steel tubes and pipes manufacturers.
  • The company’s robust quality control system, with dedicated personnel and stringent monitoring, ensures consistently high product standards. In FY24, low rejection rates of 2.6% internally and 0.31% by customers reflect its commitment to quality and strong brand reputation.
  • As of December 31, 2024, the company has over 232 active customers for Fiscal 2025 across diverse geographies, exporting to 11 countries during the nine-month period, enhancing revenue diversification and mitigating sector-specific and regional market risks.
  • As on the December 31, 2024, the Company has manufacturing capacity of 1,020 MT per annum of welded tubes. The company’s growth strategy includes expanding its welded tubes and pipes segment through investment in a new manufacturing facility. It plans to increase welded tubes and pipes capacity by 12,130 MTPA by Fiscal 2026.
  • The company has reported revenue from operations of Rs 399.9 cr in FY24 up 31% compare to Rs 305.1 cr in FY23 and profit after tax of Rs 18.30 cr in FY24 increased with the growth rate of 76.9% from Rs 10.34 cr. For the nine months revenue from operations Rs 361.2 cr and PAT of Rs 24.9 cr.

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Check Scoda Tubes Limited IPO Allotment Status

Scoda Tubes Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.

One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

  1. To Scoda Tubes Limited IPO Allotment Status

  2. Go to Application Status

  3. Select Belrise Industries Ltd IPO

  4. Enter your PAN Number or Application Id or DP Client Id.

 

Scoda Tubes Limited IPO

Application Form

Scoda Tubes Limited IPO Risk Factors:

  • Fluctuations in stainless-steel raw material prices, along with changes in government policies, customs duties, and regulations, may pose risks to margins and present challenges to the stainless-steel tubes and pipes business.
  • The company faces intense competition from established players like Ratnamani Metals & Tubes Limited, Venus Pipes & Tubes Limited, Welspun Specialty Solutions Limited and Suraj Limited poses a significant risk to the market share of the company, pricing power, and ability to attract and retain customers in the highly competitive sector.

Scoda Tubes Limited IPO Financial Performance:

Scoda Tubes Limited IPO Shareholding Pattern:

 

Particulars Pre Issue  Post issue
Promoters Group 90.04%

 

66.43%
Others 9.96%

 

33.57%

Scoda Tubes Limited IPO Outlook:

Scoda Tubes Limited offers a strong investment case with robust manufacturing, a diverse product range, and expanding export focus. Supported by favorable industry trends, it shows solid growth potential despite raw material and competitive challenges. At the upper price band, the issue is priced at a P/E of 33.81x based on FY24 earnings, while based on the estimated FY25 earnings of ₹30 crore, it is offered at a P/E of 27.96x. Considering the company’s valuation and fundamentals, we recommend investors to apply for the issue for both listing gains and long-term investment potential.

Scoda Tubes Limited IPO FAQ:

Ans. Scoda Tubes IPO is a main-board IPO of 15714286 equity shares of the face value of ₹10 aggregating up to ₹220.00 Crores. The issue is priced at ₹130 to ₹140 per share. The minimum order quantity is 100.

The IPO opens on May 28, 2025, and closes on May 30, 2025.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Scoda Tubes IPO opens on May 28, 2025 and closes on May 30, 2025.

Ans. Scoda Tubes IPO lot size is 100, and the minimum amount required is ₹14,000.

Ans. The Scoda Tubes IPO listing date is not yet announced. The tentative date of Scoda Tubes IPO listing is Wednesday, June 4, 2025.

Ans. 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.

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