What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Scoda Tubes Limited IPO?

Based on the upper price band of ₹140 and current GMP of ₹20, the estimated listing price is ₹160 (approx. 14.3% gain).

What is the expected profit per lot for Scoda Tubes Limited IPO?

With a lot size of 100 shares and current GMP of ₹20, expected profit per retail application lot is approximately ₹2,000.

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Grey Market Intelligence

Scoda Tubes Limited

ListedMainboard

Capital Goods / Industrial Goods · NSE / BSE

Scoda Tubes Limited, established in 2008, manufactures stainless steel tubes and pipes. Its products include seamless and welded tubes and pipes, further categorized into stainless steel seamless pipes, seamless tubes, seamless U tubes, instrumentation tubes, and welded tubes and U tubes. The company serves engineering firms, EPC companies, and industrial clients across sectors such as oil and gas, chemicals, fertilizers, power, pharmaceuticals, automotive, railways, and transportation.

Price Band

₹130 – ₹140

Issue Size

₹220 Cr

Lot Size

100 shares

GMP

₹20

+14.3%

Est. Listing

₹160

at current GMP

Subscribed

57.92x

overall

Open

28 May 2025

30 May 2025

Allotment

2 Jun 2025

Refund

3 Jun 2025

Demat Credit

4 Jun 2025

Listing

4 Jun 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Scoda Tubes Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹20+14.3%

Issue Price (Upper)

₹140

Band: ₹130 – ₹140

Estimated Listing Price

₹160

Upper price + GMP

Lot Size

100 shares

Min investment ₹14,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹20	14.3%	₹160
30 Oct 2026	+₹20	14.3%	₹160
29 Oct 2026	+₹18	12.9%	₹158

About Scoda Tubes Limited Public Issue & Market Profile

Scoda Tubes Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Goods sector with an aggregate issue size of ₹220 Crores. The shares are offered at a price band of ₹130 to ₹140 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 100 shares (approx. ₹14,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-06-04, while un-allotted funds or UPI block mandates will be released on 2025-06-03.

Frequently Asked Questions

What is Scoda Tubes Limited IPO GMP today?

The latest grey market premium for Scoda Tubes Limited IPO is ₹20, which indicates an expected listing price of ₹160.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.