Scoda Tubes Limited – Globe Capital Market LTD.
Scoda Tubes Limited
Closed
Price Band
₹130 to ₹140 per share
IPO Issue Period
May 28, 2025 to May 30, 2025
Issue Size
₹220.00 Cr
Face value
₹10 per share
Fresh issue
₹2,800.00 Cr
Offer for sale
NIL
Minimum Shares for Retail
100 Shares
Listing on
BSE, NSE
Issue Type
Book Built Issue IPO
Registrar to the Issue
MUFG Intime India Private Limited ((Link Intime)
Tentative Listing Date
Wed, Jun 4, 2025
QIB
50%
NII
15%
Retail
35%

Monarch Networth Capital Ltd

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.

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.

The company operates a hot piercing mill for producing mother hollow, which serves as the primary raw material for stainless-steel seamless products. Its manufacturing Facility located on the Ahmedabad-Mehsana Highway in Rajpur, Kadi, Mehsana, Gujarat.

For the year/period ended (Rs. in Cr.)

FY24 FY23 FY22
Total Revenue 402.49 307.79 195.05
Profit After Tax 18.30 10.34 1.64
EPS 4.60 2.60 0.72
OPM (%) 10.60% 7.64% 4.36%
PATM (%) 4.58% 3.39% 0.84%

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY23
Net Profits(Cr.)
FY23
Scoda Tubes Limited *618.00 140 4.30 30.43 402.49 18.30
APL Apollo Tubes Ltd. 51,120.02 1,842.00 12.15 67.52 19,996.29 757.06
Venus Pipes & Tubes Ltd. 3,099.40 1,517.00 6.05 32.89 958.53 92.89

*Market cap @upper band

 

  • Specialized production of Stainless-Steel tubes and pipes;
  • International Accreditations and product approvals;
  • Customer Diversification and International Presence
  • Extensive and Effective Quality Control
  • Strategic location of Manufacturing Facility and fully integrated production
  • Experienced and Qualified Team
  • Consistent Financial Performance
  • Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes.
  • Funding the part incremental working capital requirements of the Company.
  • General corporate purposes.

At the upper band of IPO Rs. 140, the stock is valued at 30.43 times. Hence, Well-informed investors subscribe for long term.

Be a Part of IPO Success Stories!

Never Miss IPO Investment