SCODA TUBES LIMITED
Price Band
₹ 130 - ₹ 140
Bid Lot
100 Shares
SCODA TUBES LIMITED
28-May-2025 - 30-May-2025
Price Band
₹ 130 - ₹ 140
Minimum Investment
₹ 14000.00
Bid Lot
100 Shares
Shares
15,714,286
-
Face Value - Rs. 10/- Per Share
- Lisitng at NSE, BSE
-
55,000 Application Required in Retail for 1 Time.
-
Registrar :
Link Intime India Private Ltd
IPO Details
Fresh Issue of Equity Shares aggregating upto RS. 220 Cr
QIB
50%
(7,857,143 Shares)RS. 110.00 CR
HNI 1
5%
(785,714 Shares)RS.11.00 CR @ 524 FORM 1X
HNI 2
10%
(1,571,429 Shares)RS.22.00 CR @ 1048 FORM 1X
Retail
35%
(5,500,000 Shares)RS.77.00 CR @ 55000 FORM 1X
BRLM: Monarch Networth Capital
Timeline
-
28
May-2025
Open Date
-
30
May-2025
Close Date
-
02
Jun-2025
Basis of Allotment Date
-
03
Jun-2025
Initiation of Refunds
-
03
Jun-2025
Credit of Shares to Demat A/C
-
04
Jun-2025
IPO Listing Date
Subscription as on 29-May-2025 11:48
Category
Book Size
Subscription
QIB
1.48x
3,142,858
(₹44.00 Cr.)
4,651,100
(₹65.12 Cr.)
HNI (<10 LAKH)
5.57x
785,714
(₹11.00 Cr.)
4,373,800
(₹61.23 Cr.)
HNI2 (>10 LAKH)
5.65x
1,571,429
(₹22.00 Cr.)
8,874,500
(₹124.24 Cr.)
RETAIL
2.37x
5,500,000
(₹77.00 Cr.)
13,033,600
(₹182.47 Cr.)
Total
2.81x
11,000,001
30,933,000
Category
Book Size
Subscription
QIB
1.48x
3,142,858
(₹44.00 Cr.)
4,651,100
(₹65.12 Cr.)
HNI (<10 LAKH)
5.57x
785,714
(₹11.00 Cr.)
4,373,800
(₹61.23 Cr.)
HNI2 (>10 LAKH)
5.65x
1,571,429
(₹22.00 Cr.)
8,874,500
(₹124.24 Cr.)
RETAIL
2.37x
5,500,000
(₹77.00 Cr.)
13,033,600
(₹182.47 Cr.)
Total
2.81x
11,000,001
30,933,000
*Excluding Anchor
Total No. of Application Approx : ~107568 (1.96 Appwise)
HNI Cost
About Company
- Scoda Tubes (“Scoda”) was incorporated on November 10, 2008. Scoda is a stainless-steel tubes and pipes manufacturer based in India having over 14 years of experience. Their products are broadly categorised into:
- Seamless tubes/pipes;
- Welded tubes and pipes, under 5 product lines, namely,
- Stainless steel seamless pipes;
- Stainless steel seamless tubes;
- Stainless steel seamless “U” tubes;
- Stainless steel instrumentation tubes;
- Stainless steel welded tubes
- “U” tubes (“Products” or “Stainless Steel Products”).
- The demand for company’s Products in their ordinary course of business is generated from 3 broad categories: New projects, Repair and maintenance and Replacement
- Scoda markets their products under the brand, “Scoda Tubes Limited”. Their products are used by a diverse range of customers like engineering companies, EPC and industrial companies engaged in Oil and Gas, Chemicals, Fertilisers, Power, Pharmaceuticals, Automotive, Railways and Transportation sectors.
- In addition, they operate a hot piercing mill for the production of mother hollow, which is the principal raw material for their stainless-steel seamless products. Currently, their hot piercing mill has a production capacity of 20,000 MTPA.
- The company has received approvals from various esteemed organizations such as Laxmi Organic Industries Ltd, GNFC, Krishak Bharati Co-op Ltd, Triveni Turbine, HPCL, BHEL, etc. and major domestic public sector clients such as Western, Central, Eastern and Northeastern Railway, Modern Coach Factory, Rail Coach Factory, Department of Atomic Energy, etc.
- The company exported its products to over 16 countries in fiscal 2024.
- Scoda has 1 manufacturing plant which is strategically located at Kadi, Mehsana, Gujarat in close proximity of around 200 kilometres from the Mundra port. The company possesses 21 production lines for its products (18 production lines of seamless tubes and pipes, 2 production lines of welded tubes and pipes, and 1 production line for hot piercing.
Strengths
Competitive Strength
· Specialised production of Stainless-Steel tubes and pipes;
· International Accreditations and product approvals
· Customer Diversification & International Presence
· Extensive and Effective Quality Control
· Strategic location of Manufacturing Facility and fully integrated production
· Experienced and Qualified Team
· Consistent Financial Performance
Business Strategies
- Increase the existing production capacity;
- Geographic expansion of the customer base;
- Strengthen the brand value
Company Promoters
Company Financials
Scoda Tubes Limited Financial Information (Restated)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 428.49 | 330.42 | 238.26 | 156.06 |
| Revenue | 363.48 | 402.49 | 307.79 | 195.05 |
| Profit After Tax | 24.91 | 18.30 | 10.34 | 1.64 |
| Net Worth | 143.55 | 63.61 | 45.31 | 34.98 |
| Reserves and Surplus | 99.35 | 62.33 | 44.03 | 33.69 |
| Total Borrowing | 202.16 | 202.66 | 139.31 | 109.90 |
| Amount in ? Crore | ||||
Objects of the Issue
The Company Scoda Tubes IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes. | 769.90 |
| 2 | Funding the part incremental working capital requirements of the Company | 1,100.00 |
| 3 | General corporate purposes. |
How to Apply
Apply for IPO in few simple steps.
-
Step 1
Once you create your account, Login to Easy Investing.
-
Step 2
Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
-
Step 3
Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
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Step 4
Enter your UPI ID and you will receive mandate on your UPI App.
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Step 5
Once you accept the mandate, Application is submitted successful.
The Bidding Process
- Applying for an IPO is easier than ever with Easy Investing, in just a few clicks your application is processed. You can bid for any IPO through Easy Investing, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
- If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
- The maximum subscription amount for retail investors is 2 lakh.
- Any bid can be at a desired price or cut off price given by the company.
How to bid on App?
- Enter the number of shares you wish to buy, as per the lot size.
- You can apply at the cut off price set by the company or bid for a desired amount within the price band.
- Maximum three bids will be accepted.
- You then need to enter the UPI ID on Easy Investing’s IPO application form.
Investing using UPI
- You will immediately get a fund blocked request on your UPI for the submitted IPO application.
- The funds will be blocked in your bank account until allotment when it is debited.
- The limit for IPO application is Rs 2 lakh per transaction on UPI.
- On allotment of the shares, the money will be automatically debited.
- If the share aren’t allotted the blocked funds will reflect back into your account.
FAQs
Frequently Ask Question