Mumbai, June 4 -- The scrip was listed at 140, matching the initial public offer (IPO) price. The stock was currently up 4.96% over its listing price.
So far, the stock has hit a high of 146.95 and a low of 136. On the BSE, over 4.34 lakh shares of the company were traded in the counter so far.
The initial public offer of Scoda Tubes received was subscribed 53.78 times. The issue opened for bidding on 28 May 2025 and it closed on 30 May 2025. The price band of the IPO is fixed between Rs 130 and 140 per share.
The offer comprised a fresh issue of up to 15714286 equity shares at the upper price band of Rs 130 and 16923077 equity shares at the lower price band of Rs 140, aggregating Rs 220 crore.
The company proposes to utilize the net pr...