Scoda Tubes IPO GMP: Day 1 IPO Live Updates

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Posted by : sachet | Wed May 28 2025

Scoda Tubes IPO GMP: Day 1 IPO Live Updates

Scoda Tubes IPO GMP on 28th May 2025 is ₹22 per share. The public offer for Scoda Tubes opened for subscription on 28th May 2025 and will close on 30th May 2025. This IPO is a book-built issue, consisting entirely of a fresh issue for 1.57 crore shares, aggregating to an IPO size of ₹220.00 crore shares. The Scoda Tubes IPO is set to be listed on the BSE and NSE tentatively on 4th June 2025.

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Scoda Tubes IPO (GMP) Grey Market Premium

As of 28th May 2025, 10:57 AM, Scoda Tubes IPO GMP was trading at ₹22 per share, hinting towards a listing price of ₹162 per share with a gain of 15.71% over the cap price of ₹140 per share. One must note that GMP prices are subject to changes as per market fluctuations and investors’ demand. Refer to the table below to keep yourself updated with the latest Scoda Tubes IPO GMP.

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Listing Gains
28-05-2025	₹140	₹22	₹162	15.71%
27-05-2025	₹140	₹22	₹162	15.71%
26-05-2025	₹140	₹22	₹162	15.71%
25-05-2025	₹140	₹16	₹156	11.43%
24-05-2025	₹140	₹16	₹156	11.43%
23-05-2025	₹140	₹16	₹156	11.43%

Scoda Tubes IPO Key Details

Scoda Tubes IPO is a book-built offer for ₹220 crores, being issued with a price band of ₹130 to ₹140. The issue consists entirely of a fresh issue of 1.57 lakh shares, for which bidding starts on 28th May 2025 and will close on 30th May 2025. The minimum lot size for Scoda Tubes IPO is 100 shares, resulting in a minimum investment of ₹13,000 for retail investors. However, the minimum lot size for sNII is 15 lots (1,500 shares) and for bNIIs is 72 lots (7,200) shares.

Price Band		₹130 to ₹140 per share
Face Value		₹10
Lot Size		100 shares
Issue Size (Fresh Issue)		1,57,14,286 shares (₹220.00 crores)
Listing At		BSE, NSE
Issue Type		Book Build IPO
Shareholding (Pre-Issue)		4,41,94,700 shares

Scoda Tubes IPO Schedule

Open Date	28th May 2025 – Wednesday
Close Date	30th May 2025 – Thursday
Tentative Allotment	2nd June 2025 – Monday
Refund Initiation & Credit of Shares in Demat	3rd June 2025 – Tuesday
Listing Date	4th June 2025 – Wednesday

Scoda Tubes IPO Objectives

Scoda Tubes Limited proposes to use the net issue proceeds from the public issue in the following objectives:

Capital expenditure to expand production capacity for seamless and welded tubes and pipes
Funding the part of the incremental working capital requirements
General corporate purposes

The company will be deploying ₹76.990 crores from the net issue proceeds in the capital expenditure and around ₹110.00 crores for funding working capital requirements. However, the fund requirements and deployment timeline of the net proceeds from the Scoda Tubes IPO are subject to change in the future.

Scoda Tubes IPO Registrar

Scoda Tubes Limited is going to raise ₹220.00 crores from the public issue, which is open for subscription on 28th May 2025. MUFG Intime India Private Limited (Link Intime) has been appointed as the registrar for the Scoda Tubes IPO. For any queries regarding the IPO, you can contact MUFG Intime India Private Limited (Link Intime) at mumbai@in.mpms.mufg.com or 1800 1020 878 or 022 – 4918 6000.

Scoda Tubs IPO Review

Scoda Tubes Limited (STL) is a stainless steel tubes and pipes manufacturer with over 14 years of experience in the industry. The company sells its products under the brand of “Scoda Tubes Limited” and its customer base includes engineering companies, EPC and industrial companies engaged in oil and gas, chemicals, fertilisers, power, pharmaceuticals, automotive, railways and transportation sectors.

Scoda Tubes IPO, which is finalised to be listed on the Indian markets on 4th June, has gained mixed ratings from various industry experts and brokerages. Bajaj Broking gave a neutral rating to the IPO due to the ongoing working capital issue, market risks and margin pressures on STL. However, it also indicated that the company has good operational strength along with a stable outlook, with medium-term performance depending on improved cash flow management and sustained demand.

Another organisation, Canara Bank Securities, has given a subscribe tag to the Scoda Tubes IPO. The brokerage has commented that STL has a strong long-term position supported by rising export contribution, high-margin seamless product focus and alignment with industry and infrastructure growth trends. The company has also mentioned that the Scoda Tubes IPO is reasonably priced with its P/E and P/B (on the cap price of 140) at 30.43x and 8.76x, respectively.

Scoda Tubes IPO Technical Analysis

ROE	28.77%
ROCE	15.92%
RoNW	28.77%
PAT Margin	4.58
Price to Book Value	8.76

The pre- P/E (price-to-earnings) ratio of Scoda Tubes Limited is 3.81, and the pre- EPS (earnings-per-share) is 4.14. The Scoda Tubes IPO P/E and EPS are subject to change after the IPO. Refer to the table below for more information.

	Pre IPO	Post IPO
EPS (₹)	4.14	5.54
P/E	33.81	25.25

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FAQs on Scoda Tubes IPO

1. What is Scoda Tubes IPO GMP?

As of 28th May 2025, the Scoda Tubes IPO GMP (grey market premium) is ₹22 per share. The IPO GMP today of Scoda Tubes Limited indicates a premium listing at a tentative price and gain of ₹162 and 15.71% respectively.

2. What is Scoda Tubes IPO?’

Scoda Tubes IPO is a book-built issue for 1.57 crore shares, totalling to an IPO size of ₹220.00 crores. The issue is open for subscription on 28th May 2025 and will close on 30th May 2025. Retail investors can place a minimum bid for 100 shares aggregating to a minimum investment of ₹13,000.

3. What is the Scoda Tubes IPO price?

The Scoda Tubes IPO is being offered at a price band of ₹130 – ₹140 per share.

4. What is Scoda Tubes IPO review?

Scoda Tubes IPO has gained mixed reviews from various investors and brokerage houses. Investors must move with caution while applying for the IPO and may keep a medium to long-term view for investment.

5. How can I invest in Scoda Tubes IPO?

You can invest in the Scoda Tubes IPO through your demat account. If you do not have a demat account, then you can open a new account with Univest. If you are a retail investor, then you must place a bid for at least 100 shares for a minimum investment of ₹13,000.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.