Skoda Tubes Shares Listed at Its Issue Price of Rs 140: StayThe shares of Nalece Steel Tube and Pipe Manufacturers Skoda Tubes were listed in the market on Wednesday, equal to its issue price of Rs 140. The stock started trading at BSE and NSE at Rs 140 only. Later, the stock rose 4.96 percent to Rs 146.95, while NSE gained 5 percent to Rs 147. The company’s market evaluation stood at Rs 874.37 crore.
Congratulations to scoda tubes limited on getting listed on nse today. Scoda tubes limited is a manufacturer of stainless-setl tubes and pipes. The Public Issue was of ~ INR 220.00crs.#NseIndia #listing #IPO #Stockmarket #Sharemarket #Scodatubeslimited @ashishchauhan pic.twitter.com/x9cvexryiy
– Nse India (@NSEIndia) June 4, 2025
Initial public output of Skoda Tubes (IPO) Last Friday, he received 53.78 times the subscription till the last day of the dialect. Skoda Tubes have raised Rs 66 crore from big (anchor) investors. The IPO of the Gujarat -based company was completely based on the new issue, which did not include a moss component of the sales offering (OFS). Price scope for IPO was fixed at Rs 130 to 140 per share. (Language)
Edited by: Ravindra Gupta
