IPO - Initial Public Offerings

 SCODATUBES

  

SCODA TUBES LIMITED

28 May, 10:00 AM

Issue Open

30 May, 05:00 PM

Issue Close

100

Lot Size

₹ 130.00 – ₹ 140.00

Price Range

IPO Issue Details

Issue size 220.00
Market Price 140.00
Registrar MUFG Intime India Private Limited ((Link Intime)
Face Value RS.10 /- Per share
Listing at NSE BSE

About

SCODA TUBES LIMITED
Incorporated in 2008, 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. These are further divided into five product lines: Stainless steel seamless pipes Stainless steel seamless tubes Stainless steel seamless “U” tubes Stainless steel instrumentation tubes Stainless steel welded tubes and “U” tubes 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. Manufacturing and Production: The company operates a hot piercing mill for producing mother hollow, which serves as the primary raw material for stainless-steel seamless products. Manufacturing Facility: Located on the Ahmedabad-Mehsana Highway in Rajpur, Kadi, Mehsana, Gujarat. Market Presence (Fiscal 2024): Supplied products to 49 stockists across domestic and international markets. Exported to 16 countries, including the United States, Germany, Netherlands, Italy, Spain and France. Distribution Network: India: An authorized stockist in Maharashtra handles domestic sales. United States: A dedicated stockist exclusively distributes products. Europe: Products are supplied through stockists in Italy, Germany, Austria, and Eastern European markets.

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 100 ₹ 14,000.00
Retail  (Upto 2 Lakh) 14 1400 ₹ 1,96,000.00
S-HNI  (2 Lakh to 10 Lakh) 15 1500 ₹ 2,10,000.00
S-HNI  (2 Lakh to 10 Lakh) 71 7100 ₹ 9,94,000.00
B-HNI  (Above 10 Lakh) 72 7200 ₹ 10,08,000.00

IPO TimeLine

Open Date 28-May-2025
Close Date 30-May-2025
Basis of Allotment Date 02-Jun-2025
Initiation of Refunds 03-Jun-2025
Credit Shares to Demat A/c 03-Jun-2025
IPO Listing Date 04-Jun-2025