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Scoda Tubes makes flat debut on BSE

04 Jun 2025 Evaluate

Scoda Tubes has debuted flat at its issue price of Rs 140. 

The scrip is currently trading at Rs. 146.95, up by 6.95 points or 4.96% from its issue price.

It has touched a high and low of Rs. 146.95 and Rs. 136.00 respectively. So far 4.60 lakh shares were traded on the counter.

The offering, which was open for subscription between May 28, 2025 and May 30, 2025 was subscribed 57.37 times. The issue price was fixed at Rs 140 per share i.e. at upper end of price band of Rs 130-140 apiece.

Scoda Tubes is engaged in the business manufacture of Stainless-Steel Pipes & Tubes.

Peers
Company Name CMP
JSW Steel 1247.05
Tata Steel 171.50
Steel Authority 171.50
Jindal Stainless 709.55
APL Apollo Tubes 2210.00
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