IPO GMPs, May 29 -- The Scoda Tubes IPO and the Prostarm Info Systems IPO currently available on the mainboard have received a favorable response from investors. The Prostarm Info Systems IPO will wrap up today, Thursday, May 29, whereas the Scoda Tubes IPO has one more day of bidding left, which is tomorrow. The allotment status for the Leela Hotels IPO and the Aegis Vopak Terminals IPO, which closed their offerings yesterday, will be announced today.

According to Vaqarjaved Khan, Senior Fundamental Analyst at Angel One, the Grey Market Premium (GMP) for Scoda Tubes' IPO stands at approximately Rs.18 per share, suggesting a likely listing price of Rs.158 per share, which is about 13% higher than its initial offering price of Rs.140 per ...