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Scoda Tubes IPO: Company Financials, Business Model & Expert Opinion

The IPO market is booming, and one IPO that is catching the attention of investors is the Scoda Tubes IPO. Whether you are new to the stock market or an experienced investor, it is very important for you to understand the company behind the offer before making any decisions. In this blog post, We will explain the business model and financials of Scoda Tubes of Scoda Tubes and the opinions of experts in simple terms. 

Table of Contents

ℹ️About Scoda Tubes

Who is Scoda Tubes?

Scoda sells its products under the brand name ‘Scoda Tubes Limited’. Scoda Tubes Limited is a leading manufacturer of steel pipes and tubes. With a focus on quality, the company serves industries such as gas and oil, engineering companies, EPC, chemicals, fertilizers, electricity, automotive, railway and transportation sectors, power, food processing, and pharmaceuticals. 

In addition, it operates a hot piercing mill to produce mother hollows, which are the main raw materials for its stainless-steel seamless products. 

Key Highlights:

  • Established: 2008
  • Headquarters: [Near the Ahmedabad-Mehsana Highway in Gujarat, India. Specifically, the address is Survey No. 1566/1, Village Rajpur, Kadi, Mehsana, Ahmedabad – 382740, Gujarat.]
  • Promoters: [Samarth Patel, Jagrutkumar Patel, Ravi Patel, Saurabh Patel, and Vipulkumar Patel.]
  • Core Product Line: Stainless steel seamless and welded pipes

Understanding a company’s foundation helps us understand how it fits into the overall business.

📈Scoda Tubes IPO Details

Detail

Retail Investor Or HNI Investor

Bid Price

₹130.00 – ₹140.00

Lot Size

100 Shares

Discount

₹0.00

Issue Size

₹220.00 Cr

Offer Type

Mainboard

IPO Type

Book Building

IPO Open Date

28th May

IPO Close Date

30th May

Allotment Date

2nd June

Listing Date

4th June

Detail

Retail Investor

HNI Investor

Minimum Investment

₹13,000 (1 Lot)

₹1,95,000 (15 Lots)

Maximum Investment

₹1,96,000 (14 Lots)

₹4,90,000 (35 Lots)

Day

Date

Subscription Times

Day 1

28 May 2025

2.06x

Day 2

29 May 2025

8.11x

Investor Category

Subscription Rate

Retail Investors (You)

6.46x

Non-Institutional Investors

20.21x

Qualified Institutional Buyers

1.93x

💼Business Model of Scoda Tubes

Scoda Tubes operates a B2B model, serving both local and international customers. Here’s how their business works:

  • Manufacturing Excellence: In-house production facilities with quality certifications.
  • Sector Diversity: Clients across oil & gas, chemicals, pharma, EPC, and infrastructure.
  • Global Reach: Export presence in countries like United States, Germany, the Netherlands, Italy, Spain, and France and 10 Others
  • Customization: Ability to deliver industry-specific steel grades and dimensions.

Revenue Streams:

  • Domestic and foreign product sales
  • Long-term contracts
  • Value-added services like polishing and finishing

This model offers scalability and stability.

📊Company Financials – Is Scoda Tubes in Good Shape?

The market capitalization of Scoda Tubes IPO is Rs 838.73 Cr.

Here’s a snapshot of key financial indicators (last 3 years):

📊 Scoda Tubes Financial Summary (₹ in Crores)

Financial Year

Revenue

EBITDA

PAT

Assets

FY 23

₹305.13

₹34.78

₹10.34

₹238.26

FY 24

₹399.86

₹58.79

₹18.30

₹330.42

9MFY 25

₹361.17

₹60.63

₹24.91

₹428.49

✅Strengths of Scoda Tubes

Why many investors are optimistic:

  • Experienced promoters and leadership team
  • Ensures in-house production quality control
  • Established presence in a niche industry
  • Global customers and export potential
  • Headlines from infrastructure and energy sector developments

⚠️Risks & Concerns

No investment is without risks. Be informed.

  • Significant dependence on the price of raw materials (steel)
  • Price pressures in a competitive sector
  • Currency changes causing volatility in exports
  • Past financial inconsistencies
  • Always weigh the risks before investing in an IPO.
Official Website For Scoda Tubes: https://www.scodatubes.com/

🧠Expert Opinion – Should You Apply for Scoda Tubes IPO?

Here’s what market analysts are saying:

  • Reasonable valuation, considering aggressive pricing and fundamentally strong growth potential.
  • Ideal for high-risk investors looking to gain exposure to SME IPOs

The company may provide long-term value if its growth and margins remain steady. Conservative investors, however, might wish to hold off until the IPO and performance evaluation.

📝Final Thoughts

Is Scoda Tubes IPO worth it?

Due to its strong manufacturing base and specialized product sector, the Scoda Tubes IPO is garnering interest. Investors should carefully consider pricing, risks, and overall portfolio fit before applying, even though the company has promise. 

Also Read: What Is an IPO? A Beginner’s Guide to Initial Public Offerings

📢Disclaimer: Investment in the securities market is subject to market risks. Please read all scheme-related documents carefully before investing. The information provided in this article is for educational and informational purposes only and is not intended as investment advice. Trading in derivatives, including options, involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Readers are advised to consult with their financial advisors before making any trading decisions.

FAQs❓

What is the price band of Scoda Tubes IPO?

₹130 to ₹140 per share

The Scoda Tubes IPO listing date is 28 May, 2025

Scoda Tubes IPO lot size is 100, and the minimum amount required is ₹13,000.

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