New Delhi, May 31 -- The initial public offering (IPO) of stainless-steel tubes and pipes manufacturer Scoda Tubes Ltd received strong demand from investors. With the subscription period ending, focus now shifts towards Scoda Tubes IPO allotment date, which is expected to be June 2.

The public issue was launched on May 28 and the bidding concluded on May 30. Scoda Tubes IPO allotment date is likely June 2, and the tentative IPO listing date is June 4.

The company is expected to finalise the Scoda Tubes IPO allotment status soon. It will then credit the equity shares into the Demat accounts of eligible allotment holders, and initiate refunds to unsuccessful bidders after the finalisation of Scoda Tubes IPO allotment status.

Investors ca...