Scoda Tubes Share Price Update: Stock ends at ₹147 apiece on NSE, 5% premium to IPO price

📈 Scoda Tubes Share Price Listing Update (4 June 2025) Scoda Tubes made a steady debut in the stock market today, listing flat at ₹140—equal to its IPO issue price—before closing at ₹147 on the NSE, delivering a **5% listing gain** for investors. On the BSE, the stock ended at ₹146.95, up 4.96%. Launched on **May 28**, the ₹220 crore IPO—**entirely a fresh issue** with no Offer for Sale (OFS)—was met with strong investor interest, getting **oversubscribed 53.78 times**. The proceeds will support capacity expansion in its stainless-steel tubes and pipes business. The stock is available on both NSE and BSE and is temporarily placed in the **Trade-for-Trade (T group)** segment for the first 10 sessions to curb speculative activity. **Sector focus:** Scoda Tubes supplies stainless-steel solutions to EPC, oil & gas, chemical, fertilizer, and power sectors. **Investor allocation:** * 50% QIBs * 35% Retail * 15% Non-Institutional Investors 📊 **Takeaway**: A flat listing turned mildly positive, reflecting strong fundamentals and solid demand, though investors may wait for more volume activity post the T group restriction period.