The Scoda Tubes IPO is scheduled to open on May 28, 2025, and will close on May 30, 2025. It is a Book Built Issue IPO with a price band of ₹130 to ₹140 per share and a face value of ₹10 per share. Investors can bid in lots of 100 shares, with a minimum investment of ₹14,000 for one lot and a maximum of ₹1,96,000 for 14 lots in the retail category. The total issue comprises 1,57,14,286 equity shares, aggregating up to ₹220.00 crore, all of which are fresh issues. The shares are proposed to be listed on both BSE and NSE.
Key IPO dates include the basis of allotment on Monday, June 2, 2025, followed by the initiation of refunds and credit of shares to demat accounts on Tuesday, June 3, 2025. The stock is expected to list on Wednesday, June 4, 2025.
Scoda Tubes Limited, incorporated on November 10, 2008, is an established manufacturer of stainless-steel tubes and pipes in India with over 14 years of experience. The company has built a strong reputation in the industry by consistently delivering high-quality products and maintaining a strong presence in both domestic and international markets.
Scoda offers a wide range of stainless-steel tubes and pipes, broadly classified into two main categories: seamless and welded. These products are further segmented into five key lines — stainless steel seamless pipes, seamless tubes, seamless “U” tubes, instrumentation tubes, and welded tubes. These offerings are commonly referred to as “Stainless Steel Products” and are marketed under the brand name “Scoda Tubes Limited.”
The demand for Scoda’s products typically arises from three broad segments: new projects, repair and maintenance, and replacement needs. The company’s products are used across various industries including oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation. Its customer base includes a mix of engineering firms, EPC contractors, and industrial companies.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.