Overview
- NSE data show Qualified Institutional Buyers subscribed 159.99x, Non‑Institutional Investors 76.99x, and retail buyers 22.09x.
- The Rs 455.49 crore offer was priced at Rs 557–585 per share and comprised about 77.86 lakh shares in a pure offer‑for‑sale, so proceeds go to selling shareholders.
- Grey‑market premium hovered around Rs 60–67, implying an estimated listing price near Rs 645–652, though GMP is unofficial and not a guarantee.
- Key dates: allotment on November 4, share credits and refunds on November 6, and listing on BSE and NSE on November 7.
- Studds raised about Rs 136.6–137 crore from anchor investors and is described as India’s largest helmet maker by revenue, selling about 7.4 million helmets in FY2025 with exports to 70+ countries.