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Events / Business / Scoda Tubes IPO Lists on Exchanges
Business initial public offering

Scoda Tubes IPO Lists on Exchanges

Analysis based on 7 articles · First reported May 23, 2025 · Last updated Jun 04, 2025

Sentiment
60
Attention
4
Articles
7
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The successful IPO and listing of Scoda Tubes on BSE and National Stock Exchange of India indicate positive investor sentiment towards the company and the stainless-steel tubes and pipes manufacturing sector in India. The oversubscription and premium listing suggest potential for growth and could encourage further investment in similar industrial companies.

Steel Manufacturing Financial Services
Event Summary

Scoda Tubes, an Indian stainless-steel tubes and pipes manufacturer, successfully completed its Initial Public Offering (IPO) from May 28 to May 30, 2025. The company raised ₹220 crore through a fresh issue of 1.57 crore equity shares, with the price band fixed at ₹140 per share. The IPO was significantly oversubscribed, with retail investors' portion booked 19.40 times, non-institutional investors 113.03 times, and qualified institutional buyers 69.51 times. Scoda Tubes shares were listed on both BSE and National Stock Exchange of India on June 4, 2025, at an estimated premium of 14% over the issue price, trading at ₹160 per share. The proceeds from the IPO are intended for expanding production capacity, funding working capital requirements, and general corporate purposes. Monarch Networth Capital served as the book-running lead manager, and Link Intime India Private Limited was the registrar for the issue.

Key Actions
90 Scoda Tubes listed shares BSE
80 Scoda Tubes launched IPO
40 Monarch Networth Capital managed IPO Scoda Tubes
40 Link Intime India Private Limited served as registrar Scoda Tubes
Entities Involved
priv
Scoda Tubes
Scoda Tubes successfully completed its IPO, raising ₹220 crore and listing its shares on the BSE and NSE, indicating positive market reception and growth potential.
Importance 100.0 Sentiment 70.0
exch
BSE
BSE is one of the stock exchanges where Scoda Tubes shares were listed, facilitating the trading of the company's equity.
Importance 60.0 Sentiment 20.0
exch
National Stock Exchange of India
National Stock Exchange of India is one of the stock exchanges where Scoda Tubes shares were listed, enabling public trading of the company's stock.
Importance 60.0 Sentiment 20.0
stock
Monarch Networth Capital
Monarch Networth Capital served as the book-running lead manager for the Scoda Tubes IPO, playing a key role in managing the offering.
Importance 40.0 Sentiment 10.0
priv
Link Intime India Private Limited
Link Intime India Private Limited was the registrar for the Scoda Tubes IPO, responsible for managing the share allotment process.
Importance 40.0 Sentiment 10.0
subs
State Bank of India — State Bank of India
State Bank of India — State Bank of India assigned an 'apply' tag to the Scoda Tubes IPO, recommending it to investors.
Importance 20.0 Sentiment 10.0
stock
Canara Bank
Canara Bank assigned a 'subscribe' tag to the Scoda Tubes IPO, recommending it for long-term investors.
Importance 20.0 Sentiment 10.0
stock
Meritz Securities
Meritz Securities provided analyst recommendations for the Scoda Tubes IPO, predicting listing gains for investors.
Importance 20.0 Sentiment 10.0
cnt
India
Importance 0.0 Sentiment 0.0
Relationships
BSE competitor ↔ National Stock Exchange of India BSE operates as a primary stock exchange in India, serving as a direct competitor to the National Stock Exchange of Indi
BSE related ↔ Meritz Securities
BSE related ↔ India
National Stock Exchange of India related ↔ Meritz Securities
National Stock Exchange of India related ↔ India
State Bank of India — State Bank of India related ↔ India
Canara Bank unrelated ↔ Meritz Securities Canara Bank has no direct business relationship or operational overlap with Meritz Securities.
Canara Bank related ↔ India
Meritz Securities related ↔ India
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