Scoda Tubes share allotment is likely to be declared today, June 2 on the official registrar of the company, Link Intime India Pvt Ltd. The Rs 220-crore issue got subscribed a whopping 53.78 times during its 3-day subscription window between May 28 - 30 at an offer price of Rs 130-140 per share.
The initial public offer (IPO) of stainless-steel tubes and pipes manufacturer Scoda Tubes received 53.78 times subscription on the closing day of bidding on Friday. The initial share sale got bids for 63.70 crore shares against 1.18 crore shares on offer, as per NSE data. The category for non-institutional investors fetched 113.03 times subscription while the category for Qualified Institutional Buyers (QIBs) got subscribed 69.51 times. The quota for Retail Individual Investors (RIIs) received 19.39 times subscription. Earlier, the raised Rs 66 crore from anchor investors.
The investors who subscribed to the issue can check their Scoda Tubes IPO allotment status on the official website of the registrar, Link Intime India Pvt Ltd, using their application number or PAN details. The status can also be accessed on the BSE and NSE websites.
Scoda Tubes IPO allotment date today: Steps to check share allotment status on Link Intime
Step 1: Open the link to the official registrar of the issue on this URL: https://linkintime.co.in/initial_offer/
Step 2: Select the company from the dropdown menu.
Step 3: You check your allotment status by filling in details like PAN, application number or DP client ID.
Step 4: Press the Submit button
Step 5: Your allotment status will be shown in the window.
Scoda Tubes IPO allotment status check on NSE
Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
Step 2: Select the company 'Scoda Tubes' by selecting Equity & SME IPO bid details
Step 3: Investors can check the allotment status by filling in details like their IPO Application number or PAN details after selecting company symbol.
Step 4: Press the Submit button
Step 5: The allotment status will be shown in the window.
Scoda Tubes IPO allotment status check on direct link of BSE
Step 1: Open the website of Bombay Stock Exchange (BSE).
Step 2: Click on 'Investors' option.
Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.
Step 4: Click on 'Application Status Check'.
Step 5: Select Equity in the issue type.
Step 6: Fill in the required details including the 'Issue Name'.
Step 7: Enter PAN number and click on Search to view the status
Scoda Tubes IPO GMP Today News
According to market observers, the shares are commanding a GMP of around 15 percent in the unofficial market. Investorgain quoted a GMP of Rs 20.5, indicating a listing gain of 14.64 percent.
Scoda Tubes shares will be listed on the BSE and NSE on June 4.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
