Scoda Tubes IPO: Key Details, Price, Date, and GMP Explained

Roshni Singh26 May, 2025Finance

Scoda Tubes IPO is attracting attention as a solid chance to invest in the stainless-steel tubes and pipes industry. Priced between ₹130 and ₹140 per share, the Scoda Tubes IPO price sits competitively alongside industry peers. Opening on 28 May 2025 and closing on 30 May 2025, this Mainboard issue aims to raise ₹220 crore by offering over 1.57 crore fresh shares. Early market whispers peg the Grey Market Premium (GMP) at around ₹16, suggesting a potential listing price of ₹156. Backed by FY24 revenues of ₹363 crore and a profit after tax of ₹24.9 crore, Scoda Tubes Limited combines solid financial health with global quality certifications. Retail investors can apply for a minimum lot of 100 shares, while institutional investors have a 50% allocation, making participation accessible for a wide range of buyers.