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Scoda Tubes Limited, a Gujarat-based manufacturer of stainless steel tubes and pipes, made its stock market debut on June 4, 2025. The issue received a strong response from investors and was subscribed 53.78 times.?
The stock listed at par with the issue price of ?140 on BSE and NSE, offering no gains.?
The stock hit the upper circuit of ?147, locking in 5% gain over the issue price. Trading is now frozen at the upper limit due to strong buying interest.
Following a flat listing at ?140, Scoda Tubes shares witnessed a sharp uptick, climbing to ?147.?
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