The Scoda Tubes Limited IPO is opening for subscription on 28 May 2025 and will close on 30 May 2025. This is a mainboard IPO raising ₹220 crore from the fresh issue of 1.57 crores equity shares.
The Scoda Tubes IPO allotment date will be decided on Monday, 2 June 2025. Scoda Tubes shares will be tentatively listed on BSE and NSE on Wednesday, 4 June 2025.
The Scoda Tubes price band has been set between ₹130 and ₹140 per share. The lot size decided for the IPO is 100 shares, which makes the minimum investment for the retail investors ₹13000. However, if you want to avoid the oversubscription rush, then bidding at the cutoff price would be advisable, and that would make the minimum investments as ₹14000. For the sNII, it is 15 lots, making the minimum subscription amount as ₹210000, and ₹1008000 for 72 lots for bNII.
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Scoda Tubes BSE NSE IPO Details
| Detail | Information |
| IPO Opening Date | May 28, 2025 |
| IPO Closing Date | May 30, 2025 |
| Tentative IPO Listing Date | June 4, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹130 to ₹140 per share |
| Lot Size | 100 shares |
| Total Issue Size | 15714286 Shares (₹220 Cr.) |
| Fresh Issue | 15714286 Shares (₹220 Cr.) |
| IPO Segment | Book Building IPO |
| Listing At | BSE NSE |
| Shareholding Pre-Issue | 44194700 shares |
| Shareholding post-issue | 59911986 shares |
Scoda Tubes Limited | Company Overview
Scoda Tubes Limited was established in 2008 for manufacturing Stainless steel pipes and tubes. The product line of the firm can be broadly categorized as –
- Seamless tubes and pipes
- Welded tubes and pipes
Now there is further segregation under these categories, such as –
- Stainless steel seamless pipes
- Stainless steel seamless tubes
- Stainless steel seamless “U” tubes
- Stainless steel instrumentation tubes
- Stainless steel welded tubes
- Stainless steel welded “U” tubes
The main clientele of the firm includes –
- Engineering companies
- Engineering, Procurement, and Construction firms
- Industrial companies
These clients are spread across sectors such as –
- Oil and gas
- Chemicals
- Power
- Fertilizers
- Pharmaceuticals
- Railways
- Automotive
- Transportation
The clients are from both domestic as well as international markets. It exports the products to more than 16 nations, including the US, Spain, France, Italy, etc.
For exports, it has a solid international network of stockists as well.
The manufacturing facility of the firm is located in Ahmedabad, Gujarat.
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Scoda Tubes Limited IPO | Key Details
- Scoda Tubes IPO Opening Date: May 28, 2025,
- Scoda Tubes IPO Closing Date: May 30, 2025.
- Allotment Date: June 2, 2025
- Price Band: ₹130 to ₹140 per share
- Lot Size: 100 shares
- Refunds Initiated: June 3, 2025
- Shares Credited to Demat: June 3, 2025
- Listing Date: June 4, 2025
Scoda Tubes Ltd: Financial Overview
Scoda Tubes Limited witnessed a 77% rise in profits while its revenue grew by 30.8% during FY24.
Here are the details of the financials of firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 330.42 | 238.26 | 92.16 | 38.68043314 |
| Revenue | 402.49 | 307.79 | 94.7 | 30.76773125 |
| Profit After Tax | 18.3 | 10.34 | 7.96 | 76.98259188 |
| Net Worth | 63.61 | 45.31 | 18.3 | 40.38843522 |
| Reserve & Surplus | 62.33 | 44.03 | 18.3 | 41.56257097 |
| Total Borrowing | 202.66 | 139.31 | 63.35 | 45.47412246 |
Scoda Tubes Ltd IPO | FAQs
Scoda Tubes Ltd is engaged in the production of stainless steel tubes and pipes.
The tentative IPO listing date of Scoda Tubes has been fixed as Wednesday, 4 June 2025.
The bidding date for the Scoda Tubes IPO is May 28, 2025, and it will continue until May 30, 2025.
The minimum IPO lot size for Scoda Tubes is 100 shares, and for sNII, it is 15, and for bNII, it is 72 lots.
The IPO allotment is expected to be finalized on Monday, June 2, 2025.
The IPO face value is set at ₹10 per share.
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