Scoda Tubes came to market through an IPO that opened on 28 May 2025 and closed on 30 May 2025, and the shares listed on 4 June 2025 on BSE, NSE. The price band was ₹130 to ₹140 per share and one lot was 100 shares, so the minimum application was ₹14,000. The issue size was ₹220 crore. The whole issue was fresh shares, so the money raised went to the company.
Link Intime India Private Ltd was the registrar to the issue, and Monarch Networth Capital Ltd was the lead manager.
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Incorporated in the year 2008, Scoda Tubes Limited is a stainless-steel tubes and pipes manufacturer. The products of the company can be classified, in general, into two categories: (i) seamless tubes/pipes and (ii) welded tubes/pipes. These two are further classified into five product lines: Stainless steel seamless pipes Stainless steel seamless tubes Stainless steel seamless U tubes Stainless steel instrumentation tubes Stainless steel welded tubes and U tubes The firm sells its goods under the brand name Scoda Tubes Limited.
Engineering firms, EPC companies, and industrial firms from sectors like oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation are among the customers.
As described in the offer document.
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Samarth Patel, Jagrutkumar Patel, Ravi Patel, Saurabh Patel, nd Vipulkumar Patel.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Scoda Tubes IPO was a ₹220 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹130–₹140 per share with a lot size of 100 shares (₹14,000). The IPO was open from May 28 to May 30, 2025. Shares listed on BSE and NSE on June 4, 2025 at ₹140, in line with the issue price of ₹140. Link Intime India Private Ltd is the registrar. Monarch Networth Capital Ltd is the book running lead manager.
The price band of Scoda Tubes IPO is ₹130 to ₹140 per share.
The lot size of Scoda Tubes IPO is 100 shares.
The minimum investment for Scoda Tubes IPO is approximately ₹14,000 based on the upper price band.
The allotment date of Scoda Tubes IPO is Jun 2, 2025.
Scoda Tubes IPO's final recorded GMP before listing was ₹19 per share (a 14% premium over the ₹140 upper price band). The shares listed at ₹140. GMP is unofficial and does not forecast or guarantee the actual listing price.
Scoda Tubes IPO listed on Jun 4, 2025. It was issued at ₹140.0(NSE) and is currently around ₹105.00 as on 30-Oct-2026 3:30 PM, which is approximately -25.0% versus issue price. The 52-week high is ₹181.48.
You can check Scoda Tubes IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Scoda Tubes IPO allotment status on Rupix for quick and easy access.
₹130 to ₹140 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 100 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,000.
₹14,000, for one lot of 100 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 28 May 2025 and closed on 30 May 2025.
The basis of allotment was published on 2 June 2025 by Link Intime India Private Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 4 June 2025 on BSE, NSE.
The issue size was ₹220 crore. The fresh issue was 1,57,14,286 shares (aggregating up to ₹220 crore).