Scoda Tubes Limited IPO – Check Date, Price, GMP, Financial Details, Peers Comparison

About Scoda Tubes Limited

Scoda Tubes Limited, a prominent manufacturer of stainless-steel tubes and pipes, is set to launch its Initial Public Offering (IPO) on May 28, 2025. This detailed overview provides insights into the company’s background, financial performance, IPO specifics, market sentiment, and more.

Established in 2008 and headquartered in Gujarat, Scoda Tubes Limited specializes in producing a diverse range of stainless-steel products, including:

• Seamless pipes and tubes

• Welded pipes and tubes

• Instrumentation tubes

• U-tubes

These products cater to various industries such as oil & gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation. The company operates a hot piercing mill with an annual capacity of 20,000 metric tons, producing mother hollows essential for seamless products.

Scoda Tubes Financial Performance

Scoda Tubes has demonstrated robust financial growth over the past three fiscal years:

The consistent increase in revenue and profitability underscores the company’s strong operational performance and market demand for its products.

Investors are encouraged to review the company’s financial statements and consult with financial advisors before making investment decisions.

Scoda Tubes IPO Details

• IPO Opening Date: May 28, 2025

• IPO Closing Date: May 30, 2025

• Price Band: ₹130 to ₹140 per share

• Issue Size: ₹220 crore (entirely fresh issue of 1.57 crore shares)

• Lot Size: 100 shares

• Minimum Investment: ₹13,000 (at lower price band)

• Listing Date: Expected on June 4, 2025, on BSE and NSE

• Book Running Lead Manager: Monarch Networth Capital Ltd

• Registrar: MUFG Intime India Private Limited

Utilization of Scoda Tubes IPO Proceeds

The funds raised through the IPO will be allocated towards:

• Expanding production capacity for seamless and welded tubes and pipes

• Meeting working capital requirements

• General corporate purposes

Scoda Tubes IPO Anchor Investors

Prior to the IPO opening, Scoda Tubes raised ₹66 crore from anchor investors, including:

• Malabar India Fund

• MNCL Capital Compounder Fund 2

• Aarth AIF Growth Fund

• IMAP India Capital Investment Trust – Catalyst New India Fund

• Chhattisgarh Investments

• Swyom India Alpha Fund

These investments were made at ₹140 per share, the upper end of the price band.

Scoda Tubes Limited Peers Comparison

Scoda Tubes operates in a competitive market alongside several listed peers:

Scoda Tubes’ financial metrics and growth trajectory position it competitively within the industry.

Scoda Tubes IPO Grey Market Premium (GMP)

As of May 27, 2025, the Grey Market Premium (GMP) for Scoda Tubes Limited’s IPO is approximately ₹20 to ₹22 per share. This suggests an expected listing price in the range of ₹160 to ₹162, indicating potential listing gains of around 15% to 16.5% over the upper end of the IPO price band.

Having said that GMP does not mean in anyway a recommendation for an IPO, the financials of a company and its future prospectus tells a lot.

Here is the thing no one can tell you whether the IPO will going to make a stellar debut or not, it is you who have to decide based on available information about the company.

Moreover the IPO’s now a days are very hot market every one wants to earn some quick money on listing day itself and there is nothing wrong about it.

One must not forget to check the financials and do not fall for any recommendation from anyone, it is you hard earned money, you should decide whether to opt for the IPO or not.

You may have watch various YouTube channels or read on different websites about recommendation for stocks and IPO, it is my humble suggestion and request please do not ever fall prey to it. Better than this is to invest in ETF’s?.

Therefore, whenever you are buying IPO make sure the money invested is not the one which you my need it urgently, always use extra money which you may not require in near future, Otherwise stay away completely.

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Note: Grey market premiums are unofficial and can fluctuate; they are not a guarantee of listing performance.

Frequently Asked Questions (FAQs)

Q1: How can I apply for the Scoda Tubes IPO?

You can apply through your broker’s platform using the UPI-based ASBA (Application Supported by Blocked Amount) method.

Q2: What is the minimum investment required?

The minimum investment is ₹13,000 for one lot of 100 shares at the lower price band.

Q3: When will the shares be listed?

The shares are expected to be listed on June 4, 2025, on BSE and NSE.

Q4: What is the purpose of the IPO?

The proceeds from the IPO will be used for capital expenditure, working capital requirements, and general corporate purposes.

Where To Check Scoda Tubes IPO Application And Allotment Status?

As an investor or trader generally we are curious and anxious to know the results of the application as soon as possible. To ease the anxiety, both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have come up with dedicated pages and links which investors can use.

NSE

The NSE has an IPO bid verification module. It can be used to verify the IPO application details uploaded on the exchange bidding system by your member/bank. The data of the bid details uploaded by the member/bank would be available on T+1 day (where T would be date receipt of bid on NSE platform).

In addition, the data would be available until six days after the issue closure date. This gives the investor enough time to verify the data and instruct the member/bank to make any changes, if required.

Exchange will also provide allotment information as provided by the registrar to the issue.

An investor can avail this facility by registering using his/her PAN details. After registration, the investor will receive an email notification from NSE on the registered email address. That email will provide the login details.

The following link can be used for the same:

https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

BSE

The BSE has also come up with a similar platform.

This unique facility allows investors to verify the status of their application submitted to a Trading Member or a SCSB (Self-Certified Schedule Banks).

The investor can check his application status/information on the website until one week after issue close.

The following link can be used by investors:

https://www.bseindia.com/investors/appli_check.aspx

Important Things To Keep In Mind Before Applying For IPO’s:

• Try to fill for the same IPO online from different DP ID i.e. if in your family have more than 1 account you can possibly get the allocation done in case of over subscription.
• You should have a good knowledge of the sector and the company you are planning to invest.
• Analysis of the company’s balance sheet is very crucial. A clear understanding of the company’s future projects and vision is very necessary to know whether it will have a sustainable future.
• Investment decision has to be taken carefully and not in a hurry.
• Read as much as you can about the company, its objectives for launching the IPO, its past history in business and its futures prospectus.
• Don’t go for hype in the news, your analysis should be based on facts rather than gossips and rumors.
• Many IPOs are oversubscribed. What this means is that the demand for shares is much higher than the shares available for sale. In such a situation, it is no surprise that many investors fail to get any shares allotted to them. This is why it is advisable to apply for IPO shares on the last day of bidding. This way, one can have a good estimate on how large the subscription will be. Also, in that case, one should bid for just one lot and not unnecessarily lock up their capital.

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Conclusion

Scoda Tubes Limited’s IPO offers investors an opportunity to participate in a company with a strong track record in the stainless-steel tubes and pipes industry. The company’s consistent financial growth, strategic expansion plans, and positive market sentiment, as reflected in the GMP, make it a noteworthy consideration for investors.

However, as with all investments, potential investors should conduct thorough due diligence and consult with financial advisors before making investment decisions.

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