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Scoda Tubes IPO GMP History

Scoda Tubes IPO has been listed on June 4, 2025 at a listing price of ₹140, against the issue price of ₹140 — a gain of ₹0 (+0%). The GMP peaked at ₹21 on 27 May 2025 and reached a low of ₹15 on 24 May 2025. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

Scoda Tubes IPO raised ₹220 Cr. through its IPO at a price band of ₹130 to ₹140 per share, with a lot size of 100 shares. The IPO was open for subscription from 28 May 2025 to 30 May 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

GMP trend

Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 1:05 AM IST.

Peak GMP
₹21
27 May 2025
Lowest GMP
₹15
24 May 2025
Direction
▲ rising
Latest day vs the day before

Day-wise GMP

The last reading of each day, newest first. Arrows compare with the previous day.

Date GMP ↑↓ % Kostak Sub. Sauda
03 Jun 2025 ₹ 19 ▲ 14% — —
02 Jun 2025 ₹ 18 ▼ 13% — —
01 Jun 2025 ₹ 19 — 14% — —
31 May 2025 ₹ 19 — 14% — —
29 May 2025 ₹ 19 ▲ 14% — —
28 May 2025 ₹ 18 ▼ 13% — —
27 May 2025 ₹ 21 ▲ 15% — —
26 May 2025 ₹ 19 ▲ 14% — —
24 May 2025 ₹ 15 ▼ 11% — —
23 May 2025 ₹ 17 — 12% — —

Scoda Tubes IPO dates

Key dates from opening to listing. Today is 10 November.

Key dates Listed
  1. Open 28 May 2025
  2. Close 30 May 2025
  3. Allotment 02 Jun 2025
  4. Refund/credit 03 Jun 2025
  5. Listing 04 Jun 2025

Scoda Tubes IPO actual listing price

How the grey market's final call compared with the listing-day open.

Issue price₹140
GMP-based estimate (pre-listing)₹159 (+13.6%)
Listing gain / loss +₹0 per share
Listing date04 Jun, 2025
Actual listing price ₹140 (+0%)

Is Scoda Tubes IPO GMP reliable?

Grey market premium for Scoda Tubes IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • 04Cross-check before acting: Review the Scoda Tubes IPO full review for a fundamentals-based assessment before making any grey market trades.

Scoda Tubes IPO Kostak rate explained

Two ways the grey market trades an IPO application before listing.

Kostak
Not available

The Kostak rate for Scoda Tubes IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

Subject to Sauda
Not available

The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About Scoda Tubes IPO

Scoda Tubes Limited was incorporated in 2008. It makes stainless steel tubes and pipes in two groups, seamless and welded. These cover five product lines, including seamless pipes, seamless tubes, U tubes, instrumentation tubes and welded tubes.

The plant is on the Ahmedabad-Mehsana Highway at Rajpur, Kadi, in Mehsana district of Gujarat. It includes a hot piercing mill that produces mother hollow, the main input for seamless products.

Customers include engineering companies, EPC firms and industrial users in oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive and railways. In FY2024 the company supplied 49 stockists and exported to 16 countries.

The IPO was a fresh issue of Rs 220 crore. Rs 110.00 crore was planned for working capital and Rs 76.99 crore for expanding seamless capacity.

View full IPO details →

Frequently asked

What is the GMP of Scoda Tubes IPO?

The current Grey Market Premium (GMP) of Scoda Tubes IPO is ₹ 19.

What is the Kostak Price of Scoda Tubes IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Scoda Tubes IPO is not available.

What is the Subject to Sauda Price of Scoda Tubes IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.

What was the actual listing price of Scoda Tubes IPO?

Scoda Tubes IPO listed on June 4, 2025 at ₹140, against the issue price of ₹140 — a gain of +0%.

How did the GMP of Scoda Tubes IPO trend before listing?

The GMP of Scoda Tubes IPO was rising in its final days before listing. The GMP peaked at ₹21 on 27 May 2025. View the day-wise table above for the complete GMP history.

Explore Scoda Tubes IPO further

The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.

Scoda Tubes IPO GMP

The grey market called it. Now check the fundamentals.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹ 19
Kostak
—
Listed at
₹140
Full IPO details
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