247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Scoda Tubes Limited

Ahmedabad

Date of DRHP : 30 Sep 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Scoda Tubes Basic Details

   Steel

Sub Sector: Manufacturer of Stainless Steel Tubes and Pipes.

About the Company

Scoda Tubes is a stainless-steel tubes and pipes manufacturer based in India having over 14 years of experience. Scoda Tubes products are broadly categorised into: (i) seamless tubes/pipes; and (ii) welded tubes and pipes, under five product lines, namely, (i) stainless steel seamless pipes; (ii) stainless steel seamless tubes; (iii) stainless steel seamless tubes; (iv) stainless steel instrumentation tubes; and (v) stainless steel welded tubes and (Products or Stainless Steel Products). Scoda Tubes market their Products under the brand, Scoda Tubes Limited. Scoda Tubes products are used by a diverse range of customers like engineering companies, EPC and industrial companies engaged in Oil and Gas, Chemicals, Fertilisers, Power, Pharmaceuticals, Automotive, Railways and Transportation sectors. In addition, Scoda Tubes operate a hot piercing mill for the production of mother hollow, which is the principal raw material for their stainless-steel seamless products. Currently, their hot piercing mill has a production capacity of 20,000 MT per annum. Scoda Tubes ability to produce their principal raw material enables us to achieve backward integration of their seamless products processes, allowing us to control their production costs and reduce reliance on suppliers. Currently, any quantities of mother hollow in excess of their captive consumption are sold in the open market. Scoda Tubes have one manufacturing plant which is strategically located at Ahmedabad-Mehsana Highway, Rajpur, Kadi, Mehsana, Gujarat (Manufacturing Facility) in close proximity of around 200 kilometres from the Mundra port, which serves as a key port for exports, and is located 23 kilometres from Inland Container Depot, ensuring sound access and connectivity, and aiding us in reducing Scoda Tubes's logistics costs. Scoda Tubes manufacturing Facility utilizes a plot of land measuring 21,199 sq. mtrs. and has separate seamless and welded divisions with product-specific equipment and machineries, including hot piercing mill, pilger mills, expanding machine, cold drawing lines, bright annealing furnace, eddy current testing machine, hydro testing machine, Spectro testing machine, tensile testing machine TIG/MIG welded tube mill, etc. As of August 31, 2024, Scoda Tubes's manufacturing facility has a total installed capacity of 20,000 MT per annum of mother hollow, 10,068 MT per annum of seamless products and 1,020 MT per annum of welded products. Further, Scoda Tubes have storage facility at their Manufacturing Facility for the purposes of holding inventory of raw materials and finished products.

Financial Summary (Annualised Basis)

Revenue :
402.49 Cr.

PAT :
18.30 Cr.

Scoda Tubes IPO Lead Manager(s)

Monarch Networth Capital Limited

Scoda Tubes IPO Registrar

Link Intime India Private Limited

Scoda Tubes DRHP Details

Objects of issue

  • 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

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FAQs

Scoda Tubes operates in Steel and Manufacturer of Stainless Steel Tubes and Pipes.. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Scoda Tubes is Book Building Process and Object of issue is

  • 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

The DRHP (Draft Red Herring Prospectus) of Scoda Tubes IPO was filed on 30 Sep 2024.

No, Scoda Tubes IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Scoda Tubes are not available now. You can apply in Scoda Tubes IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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