Scoda Tubes Limited
Minimum investment
Bidding date
28 May - 30 May 2025
Price range
—
Minimum quantity
100
Minimum investment
₹13,000
Issue size
—
Listing exchange
NSE/BSE
Scoda Tubes Limited, established in 2008, is a prominent manufacturer of stainless steel tubes and pipes in India. The company specializes in both seamless and welded tube variants, catering to high-demand sectors such as oil & gas, chemicals, power, fertilizers, pharmaceuticals, automotive, railways, and transportation.
Scoda’s product range includes:
Stainless steel seamless pipes & tubes
Stainless steel “U” tubes
Instrumentation tubes
Welded tubes and “U” tubes
With a strategically located manufacturing facility on the Ahmedabad–Mehsana highway in Gujarat, Scoda operates a hot piercing mill for producing mother hollows, an essential raw material for its seamless tubes.
The company boasts a robust domestic and international presence:
49 stockists across India and overseas
Exports to 16 countries, including the USA, Germany, Italy, Spain, Netherlands, and France
Distribution through dedicated stockists in Europe and the USA
As of August 2024, Scoda Tubes employed 496 workers, including 149 permanent employees and 347 contract workers, signifying its growing operational strength and expanding market footprint.
Diverse Product Portfolio: Offers a wide range of stainless steel tube and pipe solutions for multiple industries.
Strong Export Network: Global presence in 16 countries ensures revenue diversification and reduces dependence on the domestic market.
Robust Financial Performance: Significant growth in revenue, profitability, and net worth over the last three years.
Operational Efficiency: Use of advanced manufacturing techniques and a strong distribution network.
High Return Ratios: ROE and RoNW at 28.77% show the company's efficient capital utilization.
High Borrowing: As of Dec 2024, total borrowings stood at 202.16 Cr, indicating a moderately leveraged balance sheet.
Raw Material Dependency: Price volatility in stainless steel may impact margins.
Competitive Industry: Operates in a highly competitive segment with domestic and global players.
Export Risk: Geopolitical tensions or trade barriers may affect international business performance.
Client Concentration Risk: Heavy reliance on a few major sectors like oil & gas and EPC companies may affect revenue stability.
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