Scoda Tubes Ltd. has announced public offering of 15714286 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 130.00 per share. The gross proceeds of the issue are expected to be Rs 22,000.00 lakhs.

The company's initial public offer (IPO) will open on 28 May 2025 and is expected to close on 30 May 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 130.00-140.00 per share.

The IPO includes a fresh Issue of 15714286 Equity Shares of the Company at an price of Rs 140.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 100 shares with bids in multiples of 100.

Scoda Tubes Ltd. anticipates using the proceeds of the issue for .

Monarch Networth Capital Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.