Scoda Tubes Limited is launching its Rs 220 crore IPO, open for subscription from 28th to 30th May. The issue is entirely a fresh offer of 1.57 crore shares and will be listed on both NSE and BSE.
This is a book-building issue, with a minimum investment of Rs 14,000 for retail investors.
- Small NIIs need to invest Rs 2,10,000 for 1,500 shares (15 lots)
- Large NIIs must invest Rs 10,08,000 for 7,200 shares (72 lots)
MUFG Intime India Private Limited is the registrar, while Monarch Networth Capital Limited is the book-running lead manager.
Scoda Tubes IPO GMP Today
The latest updated GMP of Scoda Tubes IPO is Rs 22, as of 30th May, 2025 09:45 AM. The IPO has a price band of Rs 140. The estimated listing price for Scoda Tubes IPO is Rs 162, reflecting a potential gain of 15% per share.
| Date | GMP | Expected Listing Price | Last Updated |
| 30-05-2025 | Rs 22 | Rs 162 | 09:45 AM |
| 29-05-2025 | Rs 22 | Rs 162 | 10:00 AM |
| 28-05-2025 | Rs 18 | Rs 158 | 12:00 PM |
| 27-05-2025 | Rs 22 | Rs 162 | 11:30 PM |
| 26-05-2025 | Rs 22 | Rs 162 | 11:30 PM |
| 25-05-2025 | Rs 16 | Rs 156 | 11:30 PM |
| 24-05-2025 | Rs 16 | Rs 156 | 11:30 PM |
| 23-05-2025 | Rs 16 | Rs 156 | 11:30 PM |
Everything You Need to Know About the Scoda Tubes IPO
| Face Value | Rs 10 per Share |
| Lot Size | 100 Shares |
| Price Band | Rs 130 to Rs 140 |
| Listing At | BSE, NSE |
| Total Issue Size | 1,57,14,286 Shares (aggregating up to Rs 220 Cr) |
| Fresh Issue | 1,57,14,286 Shares (aggregating up to Rs 220 Cr) |
| DRHP | Click Here |
| RHP | Click Here |
Scoda Tubes IPO: Open & Close Dates and Timeline
| Opening – Closing Dates | 28th May – 30th May |
| Cut-off Time for UPI Mandate Approval | 5 PM on 30th May |
| IPO Allotment | 2nd June |
| Amount Refund | 3rd June |
| Credit of Shares | 3rd June |
| Listing Date | 4th June |
Investment Limits & Lot Size for Scoda Tubes IPO
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 100 | Rs 14,000 |
| Retail (Max) | 14 | 1,400 | Rs 1,96,000 |
| S-HNI (Min) | 15 | 1,500 | Rs 2,10,000 |
| S-HNI (Max) | 71 | 7,100 | Rs 9,94,000 |
| B-HNI (Min) | 72 | 7,200 | Rs 10,08,000 |
Scoda Tubes Limited Company Details
Scoda Tubes, established in 2008, manufactures stainless steel tubes and pipes. Its main products include seamless and welded tubes—such as seamless pipes, U-shaped tubes, instrumentation tubes, and welded U-tubes—all sold under its own brand.
Its products serve industries like oil and gas, chemicals, power, pharma, automotive, railways, and transport. The company uses a hot piercing mill to produce raw material for seamless tubes, with its plant located in Rajpur, Mehsana, Gujarat.
In FY24, Scoda supplied products to 49 stockists across India and abroad, and exported to 16 countries, including the US, Germany, Italy, the Netherlands, Spain, and France. Sales are handled through stockists in Maharashtra (India), a dedicated distributor in the US, and partners across Europe.
As of 31st August, 2024, the company employed 496 people—149 permanent and 347 on contract.
Scoda Tubes Key Finances
| Period Ended | 31st Dec, 2024 | 31st Mar, 2024 |
| Assets (in Rs Cr.) | 428.49 | 330.42 |
| Revenue (in Rs Cr.) | 363.48 | 402.49 |
| Profit After Tax (in Rs Cr.) | 24.91 | 18.30 |
Financial Performance:
Revenue: The company generated Rs 363.48 crore in revenue during the period ended on 31st December, 2024.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 143.55 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 428.49 crore as of December 2024. Assets have grown significantly, indicating potential expansion and investment.
Scoda Tubes IPO FAQs
- What is the issue price band of the Scoda Tubes IPO?
The issue price band for the Scoda Tubes IPO is Rs 130 to Rs 140 per share.
- What is the issue size of the Scoda Tubes IPO?
The total issue size of the IPO is Rs 220 crores.
- What is the lot size for the Scoda Tubes IPO?
Each lot consists of 100 shares, with a minimum investment of Rs 14,000.
- What are the allotment and listing dates for the Scoda Tubes IPO?
The allotment is set for 2nd June, and the listing is scheduled for 4th June.
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