Scoda Tubes IPO Allotment: The IPO allotment for Scoda Tubes, a stainless-steel pipes and tubes manufacturer, is expected to be declared today, June 2. With a whopping 53.78 times overall subscription and a strong grey market premium (GMP), investors are eagerly waiting to check their Scoda Tubes IPO allotment status online via Link Intime, NSE, or BSE.
Let’s break down everything you need to know about this IPO—subscription stats, GMP trends, listing expectations, and step-by-step Scoda Tubes IPO allotment checks—all in one place.
How to Check Scoda Tubes IPO Allotment Status
All investors who applied for shares can check their Scoda Tubes IPO allotment status today via any of these three platforms:
Check via MUFG Intime (Registrar)
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Visit https://in.mpms.mufg.com/Initial_Offer/public-issues.html
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Choose ‘Scoda Tubes’ from the dropdown.
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Enter your PAN, Application Number, or DP Client ID.
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Click Submit.
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Your allotment status will appear on the screen.
Check via NSE (National Stock Exchange)
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Go to NSE IPO Status Page.
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Select ‘Scoda Tubes’ under SME/Equity IPO details.
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Input PAN or Application ID.
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Click Submit to view status.
Check via BSE (Bombay Stock Exchange)
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Navigate to ‘Investors’ → ‘Application Status Check’.
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Select ‘Equity’ as issue type.
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Choose ‘Scoda Tubes’ and enter your PAN.
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Click Search to view your allotment.
Scoda Tubes IPO GMP Today & Listing Expectations
Note: GMP is unofficial and speculative, not regulated by SEBI. It serves as a sentiment indicator in the unlisted market.
Listing Date:
Scoda Tubes shares will list on BSE and NSE on June 4, 2025.
Scoda Tubes IPO: Strong Demand Across Investor Categories
Scoda Tubes’ ₹220-crore IPO received a stellar response during its 3-day bidding window from May 28 to May 30, with total bids amounting to 63.70 crore shares for just 1.18 crore shares available.
Here’s a snapshot of the subscription data:
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 69.51 |
| Non-Institutional Investors (NII) | 113.03 |
| Retail Individual Investors (RII) | 19.39 |
| Total Subscription | 53.78 |
Additionally, Scoda Tubes raised ₹66 crore from anchor investors before opening for public bidding.
Use of IPO Proceeds: What’s the Game Plan?
Scoda Tubes plans to channel ₹77 crore from the IPO proceeds into expanding its production capacity. The funds will be used to:
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Enhance seamless tube production by 10,000 MTPA
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Expand welded tube output by 12,130 MTPA
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Support civil work, plant equipment, and site development
This expansion is expected to strengthen their position in the competitive stainless-steel pipe and tube manufacturing sector.
Final Thoughts: What Should Investors Expect?
With such high oversubscription, allotment for retail investors will likely be tight. But with GMP showing strength and expansion plans in motion, Scoda Tubes could debut with a healthy premium. Investors who missed out may consider entering post-listing based on market performance.
Stay tuned for June 4, as listing gains could potentially reward those lucky in the allotment!
Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.
