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Open
28 May 2025
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Close
30 May 2025
3
Allotment
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Listing
Wed, Jun 4, 2025
Price Band
₹130 to ₹140
Issue Size
1,57,14,200 shares (agg. up to ₹220 Cr)
Lot Size
100 Shares
Listing Date
Wed, Jun 4, 2025
Latest GMP
₹20
Est. Gain
14.29%
✦ AI Insight
GMP Trend
04-06-2025₹20Est. ₹160+14.29%
03-06-2025₹20Est. ₹160+14.29%
02-06-2025₹18.5Est. ₹158.5+13.21%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 40.52x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 428.49 | 330.42 | 238.26 | 156.06 |
| Total Income | 363.48 | 402.49 | 307.79 | 195.05 |
| Profit After Tax | 24.91 | 18.30 | 10.34 | 1.64 |
| EBITDA | 60.63 | 58.79 | 34.78 | 9.99 |
| NET Worth | 143.55 | 63.61 | 45.31 | 34.98 |
| Reserves and Surplus | 99.35 | 62.33 | 44.03 | 33.69 |
| Total Borrowing | 202.16 | 202.66 | 139.31 | 109.90 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Bansal Wire Industries Ltd. | Mainboard | ₹745.00 Cr | ₹256 | 41.41 | ₹350.35 | +36.86% | ₹316.30 (-0.96%) |
| P S Raj Steels Ltd. | SME | ₹28.28 Cr | ₹140 | 12.14 | ₹150.60 | +7.57% | ₹400.00 (-0.30%) |
| Newmalayalam Steel Ltd. | SME | ₹41.76 Cr | ₹90 | 26.67 | ₹85.50 | -5.00% | ₹24.45 (-0.20%) |
| Kalana Ispat Ltd. | SME | ₹32.59 Cr | ₹66 | 22.59 | ₹47.40 | -28.18% | ₹19.80 (+7.03%) |
| Excellent Wires & Packaging Ltd. | SME | ₹12.60 Cr | ₹90 | 33.3 | ₹82.05 | -8.83% | ₹207.00 (-0.62%) |
| Aditya Ultra Steel Ltd. | SME | ₹45.88 Cr | ₹62 | 13.64 | ₹66.40 | +7.10% | ₹24.65 (-4.83%) |
| Jay Bee Laminations Ltd. | SME | ₹88.96 Cr | ₹146 | 13.58 | ₹291.25 | +99.49% | ₹98.70 (-4.04%) |
| Visaman Global Sales Ltd. | SME | ₹16.05 Cr | ₹43 | 38.25 | ₹47.35 | +10.12% | ₹107.60 (-4.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes. | 76.99 |
| 2 | Funding the part incremental working capital requirements of the Company | 110.00 |
| 3 | General Corporate Purposes | 13.74 |
| 4 | Issue Expenses | 21.14 |
| Total | 221.87 |
About Scoda Tubes IPO
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 Unite
Contact Details
Scoda Tubes Ltd. AddressSurvey No.1566/1Village Rajpur, KadiMehsanaAhmedabad, Gujarat, 382740027 64278278cs@scodatubes.comVisit Website