Scoda Tubes IPO Allotment Status Expected Today; Listing on June 4, 2025

Mumbai, June 2, 2025 – The allotment status for Scoda Tubes Limited IPO is anticipated to be finalised today, June 2, 2025, following the conclusion of the bidding period on May 30, 2025. The company’s equity shares are tentatively set to debut on both the BSE and NSE on June 4, 2025.

How to Check Scoda Tubes IPO Allotment Status

On NSE:

• Visit the NSE’s Application Status page
• Choose ‘Equity & SME IPO bid details’
• Select Scoda Tubes Ltd. from the dropdown
• Enter your application number and PAN
• Click ‘Submit’ to view status

On BSE:

• Go to BSE’s Application Status page
• Select ‘Equity’ as issue type
• Choose Scoda Tubes Ltd.
• Enter application number and PAN
• Complete the CAPTCHA and submit

Scoda Tubes IPO Snapshot

• IPO Launch Date: May 28, 2025
• IPO Size: ₹220 crore (entirely fresh issue of 1.57 crore shares)
• Price Band: ₹130 – ₹140 per share
• Minimum Investment: ₹13,000 (lot size of 100 shares)
• Lead Manager: Monarch Networth Capital Ltd
• Registrar: MUFG Intime India Private Limited (Link Intime)

Subscription Status (as of May 30, 2025)

• Overall Subscription: 57.37 times
• Retail Individual Investors (RII): 20.89 times
• Qualified Institutional Buyers (QIBs): 72.97 times
• Non-Institutional Investors (NIIs): 121.72 times

Grey Market Premium (GMP)

As of June 2, 2025, the GMP stands at ₹20.5, indicating a potential listing price of ₹160.5. This reflects a 14.64% premium over the IPO’s upper price band. Please note this is based on market speculation and remains unauthenticated.

Use of Funds

Proceeds from the IPO will be utilised for:

• Increasing production capacity for seamless and welded pipes/tubes
• Working capital requirements
• General corporate purposes

About the Company

Established in 2008, Scoda Tubes Ltd. is a key Indian player in manufacturing stainless steel seamless and welded pipes and tubes. Its Gujarat-based facility supplies sectors like oil & gas, power, chemicals, pharma, automotive, and transportation. The company also exports to the US, Germany, and Italy.

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