As an investor, deciding whether the IPO is Good or Bad to invest in can often be challenging. If you are confused and worried about whether to Apply or Not the Scoda Tubes IPO. Then worry not, here we are describing 10 important key points & an in-depth, detailed Scoda Tubes IPO review which will help you to make the decision.
Strengths and Weaknesses of Scoda Tubes IPO
Strengths:
- Since the incorporation of the company, they have established a reputation of meeting the requirements of each customer by selling stainless-steel tubes to both domestic and international customers in the metal segment.
- The company has built an international presence by serving diversified industrial companies involved in Oil and Gas, Chemicals, Fertilisers, power, pharmaceuticals, Automotive, Railways, and transportation sectors.
- The company consists of a team of 14 dedicated, trained, and experienced staff who go through strict quality checks to ensure that they follow the high standards.
Weaknesses:
- The company is heavily dependent on a group of businesses or individuals to sell and distribute its stainless-steel tubes and pipes, to whom the company gave exclusive rights to sell its products. Any issues occurring, like the partnership ending or stockists not being able to successfully sell the products, can lead to issues like financial problems and the company’s financials.
- Delaying in completing current or future projects can easily impact their business performance.
- The company’s revenue and income are mainly generated through the demand from engineering, EPC, and industrial companies. If these industries reduce their spending on our products, it can lead to a significant loss in financial performance and overall condition.
Scoda Tubes IPO Details
| IPO Size | ₹220 crores |
| Offer-for-sale | No offer-for-sale |
| Fresh issue | ₹220 crores |
| Price band | ₹130 to ₹140 |
| Subscription | Opens on May 28, 2025, and the closing date is May 30, 2025 |
| Purpose of IPO | Fresh Issue |
Scoda Tubes IPO Open and closing date?
Scoda Tubes IPO will be opening for subscription on May 28, 2025, and will be closed for subscription on May 30, 2025.
What is the size of the Scoda Tubes IPO?
The company planned to raise funds of around ₹220 crores via IPO. This IPO comprises only a fresh issue of ₹220 crores and no Offer-for-sale component with a face value of ₹10 each.
What are the subscription details of the Scoda Tubes IPO?
The Scoda Tubes IPO price range is set at ₹130 to ₹140 per share. In this IPO, a total of 100 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category,1400 shares in 14 lot sizes were available, for the S-HNI Minimum category, 1500 shares were available in 15 lot sizes. While for the B-HNI Minimum category, 7,200 shares were available in 72 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,000 and maximum investment of ₹1,96,000.
- Small HNI (S-HNI): Minimum investment of ₹2,10,000.
- Big HSI (S-HNI): A minimum investment of ₹10,08,000 is required.
What is the Scoda Tubes IPO listing Date?
Scoda Tubes is a Mainboard IPO shares will be listed on June 4, 2025, on the BSE (Bombay Stock Exchange) & NSE (National Stock Exchange).
What are the objectives of the Scoda Tubes IPO Issue?
The objective behind raising funds via IPO is to expand the production capacity of seamless and welded tubes and pipes. Some funds will be used for working capital requirements of the Company. The remaining funds will be used to support the general corporate purposes of the company.
About Scoda Tubes
Established in 2008, Scoda Tubes is one of the growing companies that manufactures stainless steel pipes and pipes in India. The company portfolio is categorised into a diverse range of products, including seamless tubes/pipes, welded tubes and pipes, stainless steel seamless pipes, stainless steel seamless tubes, stainless steel seamless “U” tubes, stainless steel instrumentation tubes, and stainless steel welded tubes used by various range of customers like engineering companies, EPC and industrial companies who are involved in Oil and Gas, Chemicals, Fertilisers, Power, Pharmaceuticals, Automotive, Railways and Transportation sectors.
Their principles are deeply fixed in their culture and form the core of their business practices, reflecting commitment and responsibility to the satisfaction of the industries and countries they serve.
Scoda Tubes IPO Financials
The company reported revenue of ₹402.49 crores in 2024 against ₹307.79 crores in 2023. The company reported a profit of ₹18.3 crores in 2024 against a profit of ₹10.34 crores in 2023.
Scoda Tubes IPO Promoters
Samarth Patel, Jagrutkumar Patel, Ravi Patel, Saurabh Patel, and Vipulkumar Patel are the promoters of the company.
Who are the Scoda Tubes IPO lead managers and registrar?
Monarch Networth Capital Ltd is the lead manager of Scoda Tubes, while MUFG Intime India Private Ltd is the registrar of the company.
Should you Apply or not for the Scoda Tubes IPO?
Scoda Tubes Limited offers an opportunity for investors who are looking to have a long-term investment and see the future in the stainless-steel tubes and pipes sector, and want to be a part of the growth of company. The plan of company to expand its capacity can be a positive indicator for investors. In FY24, the company generated a revenue of ₹399 crores, and showed a significant surge in the Profit After Tax by ₹18 crores, significantly. So, now the question is, should you apply or not for the Scoda Tubes IPO? Scoda Tubes can be an attractive IPO for investors, but we recommend always first checking the company’s debt levels and its financial condition.
The incredible combination of solid financial and well-defined growth strategy can result in good long-term goals. However, we recommend always doing a complete background check, researching the company’s strengths and weaknesses, or consulting with a financial advisor before making a smart investment decision.
