The Indian IPO market is buzzing with activity as more companies tap into public markets to fuel growth. Among the notable Mainborad IPOs in 2025, Scoda Tubes Ltd IPO and Prostarm Info Systems Ltd IPO are gaining to trasaction among buyer and seller investors and analysts alike. These two companies, though operating in different industries, have planned their public offerings around the same period, providing an interesting opportunity for comparison. In this blog, we break down both IPOs to help investors decide where they should consider placing their bets.
Company Overview
Scoda Tubes Ltd
Scoda Tubes Ltd. is an industrial manufacturing company that specializes in producing stainless steel tubes.The company, which serves the oil and gas, chemical, pharmaceutical, and power generating industries, has established a strong reputation for precision manufacturing. With a history spanning over a decade, Scoda Tubes has evolved into a key supplier of heat exchanger and instrumentation tubes in India and abroad.
Key Strengths:
- Established manufacturing infrastructure
- ISO certifications and stringent quality control
- Growing export footprint
Prostarm Info Systems Ltd
Prostarm Info Systems Ltd is a player in the power solutions segment, offering Uninterruptible Power Supply (UPS) systems, solar solutions, and power conditioning equipment. Their customer base includes corporates, government institutions, and healthcare facilities. With increasing emphasis on clean energy and reliable power backup, the company is well-positioned to benefit from India’s growing power needs.
Key Strengths:
- Presence in solar and energy-efficient solutions
- Pan-India service network
- Tie-ups with leading institutional buyers
IPO Details
Scoda Tubes IPO
- Issue Size: ₹30.20 crores
- Price Band: ₹95 per share
- Market Lot: 1200 shares
- Listing Exchange: NSE SME
- Use of Proceeds: Capex for plant expansion, working capital, and general corporate purposes
Prostarm Info Systems IPO
- Issue Size: ₹28.20 crores
- Price Band: ₹81–₹85 per share
- Market Lot: 1600 shares
- Listing Exchange: NSE SME
- Use of Proceeds: Upgrading service infrastructure, Prostarm Info Systems IPO expansion into solar solutions, and debt repayment
Financial Performance
Scoda Tubes Ltd
The company has shown consistent revenue growth in the past three financial years. For FY24, Scoda reported a top line of ₹85 crore with a net profit of ₹7.2 crore. Operating margins have improved due to better utilization of production capacity.
Prostarm Info Systems Ltd
Prostarm Info Systems Ltd ipo has recorded a revenue of ₹92 crore in FY24, with a net profit of ₹6.8 crore. The company’s revenues are largely driven by institutional contracts and recurring service agreements. Margins are thinner but stable.
Manufacturing Outlook: India’s Make in India push and export incentives have boosted the prospects for companies like Scoda Tubes.
Power Solutions Growth: With increased energy needs and emphasis on sustainability, Prostarm’s solar and UPS segments are seeing higher adoption.Both companies operate in sectors poised for long-term growth. However, the manufacturing segment is more capital intensive, whereas power solutions offer higher scalability with lower capital requirements.
Strengths and Weaknesses
| Feature of IPO | Scoda Tubes Ltd | Prostarm Info Systems Ltd |
| Industry | Manufacturing (Stainless Steel Tubes) | Power Solutions and Solar |
| Business Model | Capex-heavy with export potential | Asset-light with service revenue |
| Revenue Trend | Consistent growth | Dependent on large contracts |
| IPO Utilization | Expansion and Capex | Service upgrades and Solar push |
| Risk Factor | Commodity price volatility | Competition in solar space |
Valuation & Investor Sentiment
Both companies are priced attractively for retail investors, with valuations reflecting their growth stage and market size. Scoda Tubes offers a more traditional industrial investment, while Prostarm is aligned with India’s clean energy and infrastructure modernization goals. Early investor interest shows a slight tilt toward Prostarm due to its diversified portfolio and recurring brokerage calculator online revenue base.
Reservation Category
Retail Investors: Eligible for a sizable portion of both IPOs due to SME listing structure.HNI & Institutional Investors: Limited but actively participating due to sector appeal.
Expert Take
If you’re a conservative investor seeking stability and proven business models, Scoda Tubes Ltd offers value with its export-oriented manufacturing base and predictable growth.
If you’re seeking a futuristic, tech-driven opportunity with a focus on clean energy and recurring service revenue, Prostarm Info Systems may be the better pick.
Final
Investors must evaluate their risk appetite, portfolio goals, and industry preferences before deciding between the two. While Scoda Tubes represents industrial resilience and global expansion, Prostarm Info Systems reflects innovation and adaptation to modern energy needs.
Both IPOs provide promising entry points for long-term wealth creation. However, diversification is always wise consider applying for both to balance industrial strength with sustainable innovation.
Conclusion
The Indian IPO market in 2025 is dynamic and full of sip plan calculator online opportunity. Whether you invest in Scoda Tubes Ltd or Prostarm Info Systems Ltd, it’s crucial to understand the business model, industry dynamics, and financial performance before making a decision. Stay informed, analyze carefully, and align your IPO investments with your long-term financial goals. For more IPO updates, detailed stock analysis, and smart investment tips, follow MoneyIsle your partner in wealth creation.
