Scoda Tubes IPO: All You Would like to Know – Dates, Cost Band, GMP & Master Review

Company Overview
“Scoda Tubes” specializes in fabricating consistent and welded stainless steel tubes and channels, catering to segments such as oil & gas, control, chemicals, pharmaceuticals, and transportation. The company works a fabricating office in Mehsana, Gujarat, with an introduced capacity of 10,068 MTPA for consistent tubes and 1,020 MTPA for welded tubes.

Venture Considerations
Strengths:

Technical Skill: “Scoda Tubes” is among the few Indian producers with a hot penetrating process for creating mother hollows utilized in consistent stainless steel channels, giving in reverse integration and taken a toll advantages.

Export Development: Rising commitments from trades upgrade income diversification.

Sector Tailwinds: Expanding request from foundation and mechanical divisions bolsters development prospects.
Value Inquire about Online

Risks:

Customer Concentration: Reliance on a restricted number of stockists for deals postures concentration risks.

Raw Fabric Cost Instability: Presentation to vacillations in crude fabric costs can affect margins.

Valuation Concerns: The IPO is estimated at a premium compared to a few industry peers, which may influence financial specialist craving.

Key IPO Details
Issue Measure: 220 crore (totally new issue of 1.57 crore shares)

Price Band: 130-140 per share

Lot Estimate: 100 offers (least venture of 14,000 at the upper cost band)

Subscription Dates: May 28-30, 2025

Listing Date: Anticipated on June 4, 2025, on NSE and BSE

Registrar: MUFG Intime India Private Limited

Lead Director: Ruler Networth Capital

Use of Continues: To finance capital consumption, working capital prerequisites, and common corporate purposes

 

Investigator Suggestions: Ought to You Subscribe to the Scoda Tubes IPO?
Leading brokerage firms and showcase examiners have given a “Subscribe” rating to the Scoda Tubes IPO, highlighting a few compelling components that make the advertising appealing for speculators – particularly those with a medium to long-term viewpoint.

 

What`s Working in Scoda Tubes’ Favor?
Strong Specialized Capabilities
Analysts commend Scoda Tubes for its progressed fabricating foundation, counting one of the few hot puncturing plants in India. This empowers the company to deliver high-quality consistent stainless steel channels from crude mother hollows, giving it a competitive edge in both cost-efficiency and item quality.

Growing Trade Presence
The company has been growing its worldwide impression consistently. Sends out presently contribute essentially to income, a sign of differentiated request and decreased reliance on household markets. This makes a difference Scoda Tubes support against nearby industry slowdowns.

Riding Industry Tailwinds
The stainless steel tubes and channels showcase is anticipated to develop vigorously within the coming a long time, driven by rising foundation advancement, vitality ventures, oil & gas request, and clean vitality speculations. Scoda Tubes, with its specialized offerings, is well-positioned to capitalize on this trend.

Solid Money related Growth
The company has conveyed amazing budgetary development in later years:

Revenue CAGR of over 44% (FY22–FY24)

Net Benefit CAGR of around 235%

Healthy ROE (21%) and ROCE (13%)

 

But Keep These in Mind…
While examiners are idealistic, they moreover caution financial specialists around many risks:

Customer Concentration: A number of expansive clients make up a critical chunk of revenue.

Raw Fabric Instability: Stainless steel input costs can be profoundly unusual, affecting margins.

Premium Valuation: The IPO is estimated at a P/E of ~46x, which is on the higher side compared to industry peers.

Final Verdict
Brokerages like Canara Bank Securities have issued a “Subscribe” rating, especially for long-term speculators looking for introduction to the designing and framework space. The combination of specialized ability, worldwide reach, and booming sectoral request makes Scoda Tubes a promising wagered – in spite of short-term valuation concerns.