Scoda Tubes Limited is set to list on BSE and NSE on June 4, 2025, after its Rs 220 crore IPO was oversubscribed 57.37 times. The IPO’s cap price was Rs 140, and the grey market premium suggests a listing price of around Rs 160, indicating potential gains. The funds raised will be used for expansion and working capital.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets