Scoda Tubes IPO aims to raise Rs 220 Crores through this offering, with a fresh issue of 1.57 Shares (entirely a fresh issue). The face value of the equity shares Rs 10 each, with a price band ranging from Rs 130 to Rs 140 per share. The minimum order quantity is 100 shares, translating to a minimum investment of Rs 14000. Retail quota is not less then 35%, QIB is not more then 50% and HNI is not less then 15% Scoda Tubes IPO List on NSE on 04 Jun 2025.
The book running lead manager for this IPO is Monarch Networth Capital Limited, ensuring a smooth and efficient process for all investors. Axis Bank Limited and HDFC Bank Limited have been appointed as the sponsor banks, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is MUFG Intime India Private Limited (Formerly Link Intime India Private Limited), offering reliable services for all share-related processes.
Scoda Tubes IPO Key Dates
Scoda Tubes IPO Open Date is 28 May 2025 and close Date is 30 May 2025.
| IPO Open Date | 28-May-2025 |
| IPO Close Date | 30-May2025 |
| Allotment | 02-Jun-2025 |
| Credit of Shares | 03-Jun-2025 |
| Listing Date | 04-Jun-2025 |
Scoda Tubes IPO Financial Information
All the figures below are in Crores.
| 31-Dec-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 | |
|---|---|---|---|---|
| Assets | 428.49 | 330.42 | 238.26 | 156.06 |
| Borrowing | 202.16 | 202.66 | 139.31 | 109.90 |
| Reserve | 99.35 | 62.33 | 44.03 | 33.69 |
| Income | 363.48 | 402.48 | 307.78 | 195.05 |
| Expenses | 330.11 | 376.54 | 293.40 | 192.74 |
| PBT | 33.36 | 25.93 | 14.37 | 2.31 |
| PAT | 24.91 | 18.30 | 10.33 | 1.63 |
Scoda Tubes IPO Key Indicators
All the figures provided below are based on the financial statement as of 31 Mar 2024
| EPS(D) | 4.60 |
| RoNW | 28.77% |
| NAV | 15.99 |
| PAT Margin | 4.58% |
| P/E(D) | 33.81 |
| ROE | 28.77% |
| ROCE | 15.92% |
Scoda Tubes IPO Peer Comparison
| EPS | P/E | RoNW | NAV | |
|---|---|---|---|---|
| Scoda Tubes | 4.60 | – | 28.77% | 15.99 |
| Ratnamani Metal | 89.18 | 31.93 | 19.90% | 448.07 |
| Venus Pipes | 42.36 | 30.77 | 21.17% | 200.05 |
| Suraj Limited | 11.72 | 34.79 | 17.57% | 66.74 |
Scoda Tubes Management
| Name | Designation |
|---|---|
| Samarth Patel | Chairman and Executive Director |
| Jagrutkumar Patel | Managing Director |
| Saurabh Patel | Non-Executive Director |
| Piyush Shah | Independent Director |
| Vipul Patel | Independent Director |
OBJECTS OF THE ISSUE
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
1. Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes;
2. Funding the part incremental working capital requirements of our Company;
3. General corporate purposes.
Book Running Lead Manager
MONARCH NETWORTH CAPITAL LIMITED
Saahil Kinkhabwala/Aayushi Poddar
Telephone: +91 22 6647 6400
Email: ecm@mnclgroup.com
REGISTRAR TO THE ISSUE
MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)
E-mail: scodatubes.ipo@linkintime.co.in
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