As of May 28, 2025, the Grey Market Premium (GMP) for Scoda Tubes’ IPO is approximately ₹23 per share. Given the IPO’s upper price band of ₹140, this suggests a potential listing price around ₹163, indicating a premium of about 16.4% over the issue price.
https://digitalinternational.in/
Scoda Tubes IPO Key Details
- IPO Price Band: ₹130 to ₹140 per share
- Lot Size: 100 shares (minimum investment of ₹13,000)
- Issue Size: ₹220 crore (entirely a fresh issue)
- Subscription Period: May 28 to May 30, 2025
- Allotment Date: Expected on June 2, 2025
- Listing Date: Tentatively on June 4, 2025, on BSE and NSE
Day 1 Subscription Status (as of 1:27 PM IST)
- Overall Subscription: 1.29 times
- Qualified Institutional Buyers (QIBs): 1.37 times
- Non-Institutional Investors (NIIs): 1.23 times
- Retail Investors: 1.27 times
DIGI MARCH STORE PRINT ON DEMAND
The strong initial subscription figures, especially from institutional investors, indicate positive market sentiment towards the IPO. However, it’s important to note that GMPs are unofficial and can fluctuate based on market conditions. Investors should consider the company’s fundamentals and consult financial advisors before making investment decisions
Comment:
