SCODA TUBES LIMITED
- Minimum Investment₹13,000
- Price Range₹130 - ₹140
- Issue Size₹220.00 Cr
- Lot Size100 shares
Proceeds of this IPO to be used for
Capital expenditure towards expanding the production capacity of seamless and welded tubes and pipes
Funding the part incremental working capital requirements of the company
General corporate purposes
Strengths & Weaknesses of SCODA TUBES LIMITED
Specialized production
The company specializes in the production of seamless and welded products solely in stainless steel. Since its inception, it has focused on this single metal segment, building expertise in production processes, inventory management, and sales. This specialization enables the company to accurately assess and respond to customer preferences in the stainless-steel tubes and pipes market
Customer diversification & international presence
The company’s products serve a diverse range of industrial sectors, including oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation, both domestically and internationally. In the domestic market, products are sold to stockists, as well as engineering, EPC, and industrial companies
Geographical advantage
The company’s manufacturing facility is strategically located for easy access to key ports and junctions, facilitating efficient product supply. It is approximately 200 km from Mundra Port, a key export hub, and just 23 km from the Inland Container Depot, ensuring strong connectivity and helping to reduce logistics costs
Dependent on stockist network
The company relies on stockists for the sale and distribution of its stainless-steel tubes and pipes, including one in Maharashtra, India, and another in the United States for exclusive sales. Termination of these arrangements or any failure of stockists to effectively market the products could adversely impact the company's business and financial condition
Demand driven
The company’s business and profitability depend significantly on demand from engineering, EPC, and industrial companies, as well as stockists both in and outside of India. A reduction in activity or expenditure levels from these customers could adversely affect its business, prospects, results of operations, and financial condition
Limited experience
The company and its promoters have limited experience in implementing a growth strategy for expanding the welded tubes and pipes business, which is currently smaller in scale. This may hinder its ability to compete successfully and make it challenging to evaluate future operating results based on past performance
Financials
Earnings Per Share
No Data
Balance Sheet
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About SCODA TUBES LIMITED
- PromoterJagrutkumar Patel
- PromoterRavi Patel
- PromoterSamarth Patel
- PromoterSaurabh Patel
- PromoterVipulkumar Patel