Scoda Tubes Limited, established in 2008, is a leading Indian manufacturer specializing in high-quality stainless steel seamless and welded pipes, tubes, and U-tubes. Headquartered in Mehsana, Gujarat, the company has evolved from a small-scale operation into a global competitor in the stainless steel industry. Its products cater to diverse sectors, including oil & gas, power, chemicals, pharmaceuticals, and transportation.
Key Highlights:
- Product Range: Scoda Tubes offers a comprehensive portfolio of stainless steel products, such as heat exchanger tubes, condenser tubes, instrumentation tubes, evaporator tubes, and both seamless and welded U-tubes. These products are manufactured to meet international standards like ASTM, ASME, DIN, EN, NFA, and JIS.
- Manufacturing Capabilities: The company operates a state-of-the-art manufacturing facility in Mehsana, Gujarat, equipped with advanced technology for production, testing, and packaging. As of December 2024, Scoda Tubes had an installed capacity of 10,068 metric tonnes per annum (MTPA) for seamless tubes and 1,020 MTPA for welded tubes.
- Certifications: Scoda Tubes holds several international certifications, including ISO 9001:2015, PED 2014/68/EU, and DNV, underscoring its commitment to quality and compliance.
- Global Presence: The company exports its products to 16 countries and maintains a network of 49 stockists worldwide, reflecting its strong international footprint.
- Recent Developments: In May 2025, Scoda Tubes launched its Initial Public Offering (IPO) to raise ₹220 crore through a fresh issue of shares priced between ₹130–140 per share. The IPO received an enthusiastic response, being oversubscribed 8.11 times by the end of the second day. The proceeds are earmarked for expanding production capacity and meeting incremental working capital requirements.
Scoda Tubes Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 28 May 2025 |
| IPO Close Date | 30 May 2025 |
| Allotment Date | 02 Jun 2025 |
| IPO Listing Date | 04 Jun 2025 |
Scoda Tubes Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 140 Per Equity Share |
| Market Lot | 100 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 220 Crore. |
Scoda Tubes Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 100 | Rs. 14000 |
| Maximum | 14 | 1400 | Rs. 196000 |
| Small HNI (Minimum) | 15 | 1500 | Rs. 210000 |
| Big HNI (Minimum) | 72 | 7200 | Rs. 1008000 |
Scoda Tubes Limited IPO Allotment Status
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Company Financials :
| Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Total Assets | 330.42 | 238.26 | 156.06 |
| Total Revenue | 402.49 | 307.79 | 195.05 |
| Profit After Tax | 18.30 | 10.34 | 1.64 |
Company Promoters:
Samarth Patel, Jagrutkumar Patel, Ravi Patel, Saurabh Patel and Vipulkumar Patel are the company promoters.
Objects of this 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.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Scoda Tubes Limited Survey No. 1566/1, Village Rajpur, Kadi, Mehsana, Phone: 027 64278278 Email: cs@scodatubes.com Website: https://www.scodatubes.com/ | MUFG Intime India Private Limited ((Link Intime) Phone: +91-22-4918 6270 Email: scodatubes.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
