Jindal SAW: Future-Ready with Next-Gen Seamless Pipe and Tube Solutions
Growth in Indian Tube and Pipe Industry- The Way ForwardThe Indian tube and pipe industry is experiencing robust growth, driven primarily by infrastructure development, energy transition projects, water transportation, and oil & gas exploration. Government initiatives such as Atmanirbhar Bharat, rapid urbanization, and the expansion of renewable energy and hydrogen infrastructure are fueling consistent demand. […]
Lalbaba Engineering files DRHP for IPO, Eyes INR 1000 Crore Fund
Lalbaba Engineering has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator SEBI for its Initial Public Offering (IPO) worth INR 1000 crore. The proceeding will be utilised for funding capital expenditure requirements for expansion of its Haldia facility, repayment of certain borrowings and general corporate purposes. Oct 01, 2025 Lalbaba Engineering, a […]
Scoda Tubes Plans INR 100 Crore Investment to Expand Production Capacity
Scoda Tubes Limited plans INR 100 crore investment to expand stainless seamless and welded pipe capacity, driven by strong demand growth. July 1, 2025 Scoda Tubes Limited intends to invest INR 100 crore in FY 26 to expand its production capacity, doubling seamless output from 10,068 MT per annum to 20,068 MT per annum investing INR 55 crore; and welded […]
Scoda Tubes Announces IPO Worth INR 220 Crore
Around INR 77 crore will be used to enhance the company’s manufacturing capabilities for both seamless and welded tube products while INR 110 crore is planned to address incremental working capital needs, with the balance allocated toward general corporate expenses. May 23, 2025 Scoda Tubes has announced an INR 220 crore Initial Public Offering (IPO) […]
BENTELER Steel/Tube Brings Tubes of Free-Cutting Steel for the First Time
With BENTELER SMARTCUT®, free-cutting steels are being used for the first time for specific tube solutions which allows a significant increase in productivity in the machining industry. November 10, 2022 BENTELER Steel/Tube has succeeded in producing seamless tubes from free-cutting steel for the first time with BENTELER SMARTCUT®. It combines the advantages of highly machinable […]
