Scoda Tubes Limited (SCODATUBES) — Offer Document

📢 Key Event
Monitoring Agency Report confirms IPO and pre-IPO proceeds utilization compliance

💡 Investor Takeaway
Investors can view this as a positive signal of disciplined fund deployment and regulatory compliance, reducing concerns about misallocation of IPO capital.

Scoda Tubes Limited disclosed its Monitoring Agency Report for the quarter ended March 31, 2026, confirming compliance with SEBI regulations regarding IPO and pre-IPO proceeds utilization. The report details that the company raised Rs 2,200 million via IPO and Rs 550 million through private placement, with proceeds allocated to capital expenditure, working capital, and general corporate purposes. Utilization stood at Rs 1,360.83 million for IPO proceeds and Rs 182.42 million for pre-IPO funds, with no deviations or delays noted in implementation. The company emphasized adherence to disclosed objects and maintained transparency through statutory auditor certifications and board oversight.

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