Scoda Tubes IPO
Scoda Tubes Limited (SCODATUBES) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 04 June 2025.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +25.6% (likely range -2% to +40%), day's high +26.4%, chance of a gain 92%. Actual: 0.0% at the open, +5.0% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 33,84,569 | 23,52,59,000 | 69.5x | |
| NII (HNI) total | 25,38,500 | 28,69,25,600 | 113x | |
| Big NII (above ₹10 lakh) | 16,92,300 | 21,26,34,400 | 126x | |
| Small NII (₹2-10 lakh) | 8,46,200 | 7,42,91,200 | 87.8x | |
| Retail | 59,23,100 | 11,49,34,300 | 19.4x | |
| Total | 1,18,46,169 | 63,71,18,900 | 53.8x |
Bids on NSE and BSE together, as published by NSE, as of 30 May 2025, 07:00 PM. Shares offered exclude the anchor portion. 15% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Scoda Tubes's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Shankara Building ProductsMar 2017 | 51.6x | 90.7x | 15.3x | 41.9x | ₹349 Cr | +20.7% | +38.3% |
| Ami OrganicsSep 2021 | 86.6x | 155x | 13.4x | 64.5x | ₹569 Cr | +49.2% | +58.5% |
| FSN Ecommerce VenturesNov 2021 | 91.2x | 112x | 12.2x | 81.8x | — | +79.4% | +99.8% |
| RailTel Corporation of IndiaFeb 2021 | 65.1x | 73.3x | 16.8x | 42.4x | ₹820 Cr | +16.0% | +36.0% |
| Dodla DairyJun 2021 | 84.9x | 73.3x | 11.3x | 45.6x | ₹520 Cr | +28.5% | +52.3% |
| RITESJun 2018 | 71.7x | 195x | 15.7x | 67.2x | ₹799 Cr | +2.7% | +21.4% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Monarch Networth Capital | 6 | +23.6% | 67% |
Offer documents (NSE)
Frequently asked
What is the Scoda Tubes IPO price band and lot size? ₹130–140 per share, with a lot of 100 shares, so the smallest retail bid is ₹14,000.
How many times has it been subscribed? 53.8x overall: QIB 69.5x, NII 113x, retail 19.4x.
How did it list? It opened at ₹140, +0.0% against the issue price of ₹140, and closed its first day +5.0%.
