Scoda Tubes IPO opens for subscription: Should you invest?

May 28, 2025

Scoda Tubes launched its IPO on May 28, aiming to raise Rs 220 crore through a fresh issue of shares priced between Rs 130-140. Canara Bank Securities suggests subscribing for long-term gains, citing technical expertise and export growth. While financials show revenue and profit increases, investors should consider cash flow and customer concentration risks.

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