Scoda Tubes IPO 2025: Grey Market Premium (GMP), Key Dates, Financials & Listing Insights
Scoda Tubes Limited, a prominent manufacturer of stainless steel tubes and pipes, has opened its Initial Public Offering (IPO) to the public starting May 28, 2025. With a steadily rising Grey Market Premium (GMP) and strong financial performance, this IPO has caught the attention of retail and institutional investors alike.
Scoda Tubes IPO GMP Today – ₹24 (Updated: May 28, 2025)
As of May 28, 2025, the Grey Market Premium for Scoda Tubes IPO stands at ₹24 per share, suggesting an estimated listing price of ₹164 (based on the upper price band of ₹140). The GMP has more than doubled over the past week, reflecting robust investor sentiment and high subscription expectations.
Scoda Tubes IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | May 28, 2025 |
| IPO Closes | May 30, 2025 |
| Basis of Allotment | June 2, 2025 |
| Refunds Initiated | June 3, 2025 |
| Shares Credited to Demat | June 3, 2025 |
| Listing Date | June 4, 2025 |
Scoda Tubes IPO Details
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Issue Size: ₹220 Crores
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Price Band: ₹130 – ₹140 per share
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Lot Size: 100 shares
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Minimum Investment: ₹14,000
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IPO Type: Book Built Issue
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Listing Exchange: BSE & NSE
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Retail Quota: 35%
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Qualified Institutional Buyers (QIB): 50%
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Non-Institutional Investors (NII): 15%
Company Overview: Scoda Tubes Limited
Founded with a focus on high-grade stainless steel products, Scoda Tubes Limited serves critical sectors including oil & gas, petrochemicals, fertilizers, pharmaceuticals, and power. The company plans to utilize IPO proceeds for:
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Expanding production capacity
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Strengthening working capital
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Enhancing export capabilities
With global demand for stainless steel tubes rising, Scoda Tubes is strategically positioned for scalable growth.
Financial Performance Snapshot (FY24)
| Metric | Value |
|---|---|
| Total Revenue | ₹399.86 Crores |
| Net Profit | ₹18.30 Crores |
| EPS (Earnings Per Share) | ₹4.60 |
| Return on Net Worth (RONW) | 28.77% |
| Net Asset Value (NAV) | ₹15.99 per share |
The company has demonstrated consistent profitability, a strong return on equity, and a solid balance sheet—attributes that are attractive to long-term investors.
Verdict: If you’re a retail or HNI investor seeking quality SME exposure with growth potential, Scoda Tubes IPO offers a promising opportunity. However, always evaluate your risk tolerance and consult a certified financial advisor before investing.