Scoda Tubes IPO Details

Scoda Tubes launched its IPO through a book-building process with a total issue size of ₹220.00 crores, consisting entirely of a fresh issue of 1.57 crore equity shares.

The IPO bidding opened on May 28, 2025, and closed on May 30, 2025. The allotment was finalized on June 2, 2025, and the shares were listed on BSE and NSE on June 4, 2025.

The price band for the IPO was set at ₹140 per share.

• The minimum lot size for retail investors was 100 shares, requiring an investment of ₹13,000.
• To avoid the risk of missing out due to oversubscription, investors were advised to bid at the cut-off price, raising the investment to approximately ₹14,000.
• For sNII (small Non-Institutional Investors), the minimum application was 15 lots (1,500 shares), totaling ₹2,10,000.
• For bNII (big Non-Institutional Investors), the minimum application was 72 lots (7,200 shares), amounting to ₹10,08,000.

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About Scoda Tubes

Founded in 2008, Scoda Tubes is a prominent player in the stainless steel pipe manufacturing industry, with over a decade of experience and a strong reputation among its peers. The company specializes in a wide range of stainless steel products, including:

• Hot Pierced Mother Hollow
• Stainless Steel Seamless Pipes
• Instrumentation Tubes
• Stainless Steel Tubes
• U-Tubes

Scoda Tubes utilizes the Hot Pierce-Rolling Process to convert solid round bars into mother hollows, which are essential for producing seamless pipes. Known for delivering premium-quality products, the company emphasizes long-term, reliable business relationships with its clients.

At the heart of Scoda Tubes’ operations lie its core values—quality, commitment, and customer satisfaction. These principles are embedded in the company's culture and guide every aspect of its business, reinforcing its mission to serve industries across domestic and international markets with integrity and excellence.

Objects of the Issue (JNK India IPO Objectives)

• Capital expenditure for expanding the production capacity of seamless and welded tubes and pipes
• Partial funding of incremental working capital requirements
• General corporate purposes

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Financial Report

Financial Report