Scoda Tubes Limited is recognised globally for manufacturing high-end stainless steel tubes and pipes with innovation and responsibility. The lead manager for this IPO is Monarch Networth Capital Ltd. 

The registrar to the Scoda Tubes Ltd offer is MUFG Intime India Private Limited.

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Note: Anchor Investors will have 50% of their shares locked in for 30 days post allotment, while the remaining part will remain locked for 90 days.

Scoda Tubes Ltd: Company Overview

Scoda Tubes is the leading name in the stainless steel pipes and tubes production industry. The following are the key aspects of this company:

Now, let’s take a glance at the composition of the Scoda Tubes board of directors and key managerial personnel. 

Scoda Tubes IPO details

Scoda Tubes Ltd. has followed the traditional IPO route by publicly filing its Draft Red Herring Prospectus with SEBI.

• Scoda Tubes IPO date

• Issue Size of Scoda Tube Limited

The issue size of the Scoda Tubes IPO is discussed in this section. 

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• Key Takeaways from the Scoda Tubes IPO

The table below portrays the highlights of Scoda Tubes Ltd. IPO.

• Objective of the Scoda Tubes IPO

The proceeds from the Scoda Tubes Ltd IPO are set to be utilised by Scoda Tubes Ltd. in the following manner.

Key Financials before Scoda Tubes IPO

Scoda tubes have depicted growth in the past few years by meeting the increasing demand for stainless steel products.

The table below shows the liquidity position of the company:

The key ratios that might enable investors to make an optimum assessment of the company’s financial health is discussed below.

Let’s take a look at the P/E ratio of the company and compare it with the industry standard.

Strengths and risks Scoda Tubes Limited

The potential advantages and challenges regarding Scoda Tubes Ltd. are mentioned below:

Strengths: 

• It has several global certifications, like ISO, that certifies its credibility.

• It has delivered optimum returns and maintained a strong fiscal portfolio.

• The company enjoys a brand recall.

Threats:

• It might face liquidity challenges.

• The company is dependent on raw materials industries. Any discrepancy in primary sectors can impact the company.

• Being a capital-intensive business, expansion plans require heavy capital investment and a long gestation period.

Should you invest in Scoda Tubes?

To conclude, Scoda Tubes Ltd. portrays a compelling growth scenario backed by strong financial performance and strategic initiatives, but investors should also consider the company’s high leverage and market risks before making any investment decision. Click here to get a demat account and invest in the company!