Scoda Tubes IPO
- IPO Date28 May, 2025 to 30 May, 2025
- Listing Date04 Jun, 2025
- Face Value₹10 per share
- Issue Price₹130 to ₹140 per share
- Lot Size100 Shares
- Minimum Investment₹14,000
- Listing AtBSE, NSE
- Total Issue Size1,57,14,286 Shares
(aggregating up to ₹220.00 Cr) - Fresh Issue1,57,14,286 Shares
(aggregating up to ₹220.00 Cr)
- Offer for Sale-
- Issue TypeBookbuilding IPO
- Share holding pre issue4,41,94,700
- Shareholding post issue-
IPO Dates
Closing Date
30 May, 2025
Initiation of Refunds
03 Jun, 2025
Listing Date
04 Jun, 2025
28 May, 2025
Opening Date
02 Jun, 2025
Basis of Allotment
03 Jun, 2025
Credit of Shares
Scoda Tubes Lot Size
Investors can bid for a minimum of 100 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Max) | 71 | 7100 | ₹9,94,000 |
| Retail (Min) | 1 | 100 | ₹14,000 |
| B-HNI (Min) | 72 | 7200 | ₹10,08,000 |
| Retail (Max) | 14 | 1400 | ₹1,96,000 |
| S-HNI (Min) | 15 | 1500 | ₹2,10,000 |
Scoda Tubes Promoter Holding
Samarth Patel, Jagrutkumar Patel, Ravi Patel, Saurabh Patel and Vipulkumar Patel are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | - |
Scoda Tubes COMPANY INFORMATION
Scoda Tubes IPO is a bookbuilding of ₹220.00 crores. The issue is entirely a fresh issue of 1.57 crore shares. Scoda Tubes IPO opens for subscription on May 28, 2025 and closes on May 30, 2025. The allotment for the Scoda Tubes IPO is expected to be finalized on Monday, June 2, 2025. Scoda Tubes IPO will be list on BSE, NSE with a tentative listing date fixed as Wednesday, June 4, 2025. Scoda Tubes IPO price band is set at ₹130 to ₹140 per share. The minimum lot size for an application is 100. The minimum amount of investment required by retail investors is ₹13,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹14,000. The minimum lot size investment for sNII is 15 lots (1,500 shares), amounting to ₹2,10,000, and for bNII, it is 72 lots (7,200 shares), amounting to ₹10,08,000. Monarch Networth Capital Ltd is the book-running lead manager of the Scoda Tubes IPO, while MUFG Intime India Private Limited ((Link Intime) is the registrar for the issue. Refer to Scoda Tubes IPO RHP for detailed information.
Incorporated in 2008, Scoda Tubes Limited is a manufacturer of stainless-steel tubes and pipes.
The company's products are broadly categorized into two types: (i) seamless tubes/pipes and (ii) welded tubes/pipes. These are further divided into five product lines:
- Stainless steel seamless pipes
- Stainless steel seamless tubes
- Stainless steel seamless “U” tubes
- Stainless steel instrumentation tubes
- Stainless steel welded tubes and “U” tubes
The company markets its products under the brand name “Scoda Tubes Limited.” Customers include engineering companies, EPC (Engineering, Procurement, and Construction) firms, and industrial companies across sectors such as oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation.
Manufacturing and Production:
- The company operates a hot piercing mill for producing mother hollow, which serves as the primary raw material for stainless-steel seamless products.
- Manufacturing Facility: Located on the Ahmedabad-Mehsana Highway in Rajpur, Kadi, Mehsana, Gujarat.
Market Presence (Fiscal 2024):
- Supplied products to 49 stockists across domestic and international markets.
- Exported to 16 countries, including the United States, Germany, Netherlands, Italy, Spain and France.
Distribution Network:
- India: An authorized stockist in Maharashtra handles domestic sales.
- United States: A dedicated stockist exclusively distributes products.
- Europe: Products are supplied through stockists in Italy, Germany, Austria, and Eastern European markets.
Workforce (as of August 31, 2024):
- Total Employees: 496
- Permanent Employees: 149
Contractual Workers: 347
FAQs About Scoda Tubes Ipo
Scoda Tubes IPO will open on 28 May, 2025 and close on 30 May, 2025. Investors must apply within this period to participate.
The Scoda Tubes IPO price band is set between ₹130.00 and ₹140.00 per share. The minimum lot size is 100, requiring an investment of at least ₹14000.00.
The Scoda Tubes IPO shares are expected to be listed on 04 Jun, 2025, subject to regulatory approvals and final allotment.
You can track your Scoda Tubes IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Scoda Tubes IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.