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Scoda Tubes IPO: Subscribed 53.78 Times On Third Day
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Scoda Tubes IPO: Subscribed 53.78 Times On Third Day
The initial public offering of Scoda Tubes Ltd. has been subscribed 53.78 times on its third day of bidding on Friday.The grey market premium of the IPO has decreased to Rs 20.5, as of 6:28 p.m., according to InvestorGain. This implies shares of the company will likely list at Rs 162 apiece, indicating a 15.71% premium to the upper end of the price band.The company had announced a price band of Rs 130 to Rs 140 per share for its initial public o…
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