Last Updated:June 03, 2025, 10:30 IST
Scoda Tubes IPO Listing on June 4, 2025: GMP currently stands at 13.21% over IPO price; Investors can check allotment status on BSE, NSE, and Link Intime websites.
Scoda Tubes IPO Listing Date.
Scoda Tubes IPO Listing Tomorrow, June 4: The basis of allotment of the Scoda Tubes IPO has been finalised. Investors can check allotment status on the websites of the BSE, the NSE, and registrar Link Intime. All eyes are now on the listing of Scoda Tubes Ltd, a stainless-steel tubes and pipes manufacturer, on both BSE and NSE on Wednesday, June 4. According to market observers, the latest GMP stands at 13.21%, indicating mild listing gains for investors tomorrow.
The Rs 220-crore Scoda Tubes IPO was open for public subscription between May 28 and May 30. It received a 57.37 times subscription, garnering bids for 63,11,23,200 shares as against 1,10,00,086 shares on offer. The retail and NII participation stood at 20.89 times and 121.72 times, respectively. Its qualified institutional buyer (QIB) category got a 72.97 times subscription, according to data from exchanges.
Scoda Tubes IPO GMP Today
According to various observers tracking GMP of Scoda Tubes Ltd, the current grey market premium of Scoda Tubes is now at 13.21 per cent over the IPO price of 140, indicating listing gains for investors.
The shares of Scoda Tubes Ltd are scheduled to be listed on BSE and NSE on June 4, 2025.
A Step-By-Step Guide To Check Allotment Status
The Scoda Tubes IPO allotment took place on Monday, June 2. The IPO allotment status can be checked online by following these steps:
1) Go to the official BSE website via the URL — https://www.bseindia.com/investors/appli_check.aspx.
2) Under ‘Issue Type’, select ‘Equity’.
3) Under ‘Issue Name’, select ‘Scoda Tubes Ltd’ in the dropbox.
4) Enter your application number, or the Permanent Account Number (PAN).
5) Then, click on the ‘I am not a robot’ to verify yourself and hit the ‘Search’ option.
Your share application status will appear on your screen.
You can also visit directly on the registrar Link Intime’s portal — https://in.mpms.mufg.com/Initial_Offer/public-issues.html and check the Scoda Tubes IPO allotment status.
The allotment status can also be checked on the NSE’s website at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids.
Scoda Tubes IPO: More Details
The Gujarat-based company’s IPO is entirely a fresh issue of equity shares, aggregating up to Rs 220 crore with no offer for sale (OFS) component. The issue, with a price band of Rs 130-140 per share, concluded on May 30.
The company raised Rs 66 crore from anchor investors ahead of the IPO.
Proceeds of the issue will be used to expand the production capacity of seamless and welded tubes and pipes, working capital requirements and general corporate purposes.
Scoda Tubes is a stainless-steel tubes and pipes manufacturer, catering to a diverse range of customers like EPC, and industrial companies engaged in oil and gas, chemicals, fertilisers, power, etc.
Monarch Networth Capital is the book-running lead manager to the IPO.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso… Read More
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