Home / Business and Economy / Studds Accessories IPO Sees Overwhelming Demand, Subscribed 5.08x on Day 2
Studds Accessories IPO Sees Overwhelming Demand, Subscribed 5.08x on Day 2
3 Nov
Summary
- Studds IPO price band set at ₹557-₹585 per share
- IPO aims to raise ₹455.49 crore through offer-for-sale
- Retail portion subscribed 6.02x, NII portion booked 9.62x
On November 3, 2025, the initial public offering (IPO) of helmet manufacturer Studds Accessories Ltd. was in its third day of bidding. The company had set a price band of ₹557 to ₹585 per share for its ₹455.49 crore public issue, which is entirely an offer-for-sale (OFS) of 77.86 lakh equity shares.
The Studds IPO had seen strong investor interest, with the subscription status reaching 5.08 times on the second day of bidding. The retail portion was subscribed 6.02 times, while the Non-Institutional Investors (NII) portion was booked 9.62 times. The Qualified Institutional Buyers (QIBs) portion, however, received only 4% bids.
Prior to the IPO, Studds Accessories had raised nearly ₹137 crore from anchor investors on October 30, 2025. The company's public issue is scheduled to conclude on November 3, 2025, and at the upper end of the price band, it aims to achieve a valuation of around ₹2,300 crore.
