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Scoda Tubes

Listed

IPO Timeline

Issue open date

28 May 2025

Issue close date

30 May 2025

UPI mandate deadline

30 May 2025

Allotment finalization

2 Jun 2025

Refund initiation

3 Jun 2025

Share credit

3 Jun 2025

Listing date

4 Jun 2025

Mandate end date

14 Jun 2025

Lock-in end date for anchor investors (50%)

2 Jul 2025

Lock-in end date for anchor investors (remaining)

31 Aug 2025

Grey Market Premium Trend

₹20
Current GMP
₹160
Est. Listing Price
14.3%
Est. Listing Gain
₹130 - ₹140
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
3 Jun₹20₹16014.29%
2 Jun₹20₹16014.29%
1 Jun₹20₹16014.29%
31 May₹20₹16014.29%
30 May₹24₹16417.14%
29 May₹24₹16417.14%
28 May₹20₹16014.29%
27 May₹24₹16417.14%
26 May₹18₹15812.86%
24 May₹18₹15812.86%
23 May₹10₹1507.14%
22 May₹0₹1400.00%
21 May₹0₹1400.00%

Key Dates

Open
28 May 2025
Close
30 May 2025
Listing
4 Jun 2025

Quick Stats

Issue Size:220cr
Lot Size:100 shares

About the Company

Incorporated in 2008, Scoda Tubes is an Indian manufacturer of stainless-steel seamless and welded tubes and pipes, catering to sectors such as oil and gas, power, chemicals, and transportation. The company’s five product lines are marketed under its own brand and are backed by in-house manufacturing capabilities, including a hot piercing mill with backward integration. Scoda exports to 16 countries and serves 49 stockists globally, with certifications including ISO 9001:2015, PED 2014/68/EU, and DNV. Strategically located near major ports, Scoda’s established client base includes engineering and EPC firms across domestic and international markets.

Strengths

  • Specialised focus on value-added stainless-steel long products
  • Strong global accreditations and industry certifications
  • Well-diversified international customer portfolio
  • Strategically located integrated manufacturing facility
  • Robust quality control with minimal rejection rates
  • Steady financial growth with ongoing capacity expansion

Risks

  • Dependence on limited stockist network for sales and distribution
  • Risk of termination or underperformance by exclusive stockists
  • Exposure to recall of unsecured loans by lenders at any time
  • Potential cash flow strain due to sudden loan repayments
  • Reliance on third-party logistics for product and raw material transport
  • Adverse impact from logistics delays or rising transportation costs
  • Vulnerability to theft, accidents, or loss of goods in transit