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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Scoda Tubes Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹140
Per ShareLot Size
100 Shares
Minimum Investment
₹14,000
Issue Size
₹220 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
90.04%
Promoter Holding (Post-Issue)
66.43%
Issue Type
Book Building
ISIN
INE090501011
We are a stainless-steel tubes and pipes manufacturer based in India having over 14 years of experience. Our products are broadly categorised into: (i) seamless tubes/pipes; and (ii) welded tubes and pipes, under five (5) product lines, namely, (i) stainless steel seamless pipes; (ii) stainless steel seamless tubes; (iii) stainless steel seamless "U" tubes; (iv) stainless steel instrumentation tubes; and (v) stainless steel welded tubes and "U" tubes ("Products" or "Stainless Steel Products").
Global demand for stainless steel tubes and pipes increased from approximately 2.7 million tonnes per annum in 2019 to approximately 3.1 million tonnes per annum in 2023, clocking a CAGR of about 3%. The share of stainless-steel welded tubes and pipes in the overall global demand falls in 80-85% range with the stainless-steel seamless tubes and pipes accounting for the rest 15-20% share in the demand. Domestic demand for stainless steel tubes and pipes increased from 0.23 million tonnes in fiscal 2020 to 0.32 million tonnes in fiscal 2024, clocking a CAGR of approximately 9% during the period. The share of stainlesssteel welded tubes and pipes in the overall domestic demand has largely remained at around 65% with the stainlesssteel seamless tubes and pipes accounting for the rest 35% share throughout the period. Between fiscals 2024 and 2029, the domestic demand for stainless steel tubes and pipes is expected to increase at a CAGR of 6-8% to 0.45- 0.47 million tonnes in fiscal 2029. This healthy growth in the demand will primarily be led by strong growths in major end use industries of stainless-steel tubes and pipes such as building and construction, automobile, oil and gas, chemical manufacturing, food and beverage, etc.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 15,714,200* equity shares of face value of Rs. 10/- each ("Euity Shares") of the company for cash at a price of Rs. 140/- per equity share (Including a Share Premium of Rs. 130/- per Equity Share) ("Issue Price") Aggregating to Rs. 220.00 crores* (the "Issue") the issue being 26.23% of the post-issue paid-up equity share capital of the company. The company has, in consultation with the brlm, undertaken a pre-ipo placement of 4,400,000 equity shares at an issue price of Rs. 125/- per equity share (Including a Premium of Rs. 115/- per Equity Share) aggregating Rs. 55.00 crores on October 21, 2024 to Malabar India Fund Limited and Carnelian Bharat Amritkaal Fund. the size of the issue has been reduced by Rs. 55.00 crores pursuant to the pre-ipo placement and the revised size of the issue is Rs. 220.00 crores*. The company has appropriately intimated the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the issue may come through or listing shall happen and the investment is being done solely at the risk of the investor. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement has been appropriately made in the relevant sections.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was incorporated as "Scoda Tubes Limited" under the provisions of the Companies Act, 1956 vide Certificate of incorporation dated November 10, 2008, and Certificate of Commencement of Business dated November 12, 2008, issued by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli.
wholesaler and retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.