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Studds Accessories Set to List Today After Heavily Subscribed OFS IPO

Grey‑market quotes suggest mild listing gains for a fully offer‑for‑sale issue that does not raise funds for the company.

Overview

  • Shares are slated to debut on the NSE and BSE on Nov. 7 after the IPO drew 73.25 times overall bids.
  • Allotment was finalised on Nov. 5, and investors can verify status on the BSE or NSE websites or via registrar MUFG Intime India.
  • Demand skewed toward institutions with QIBs subscribing 159.99x, NIIs 76.99x, and the retail tranche 22.08x.
  • The Rs 455-crore offering was entirely an OFS of 77.86 lakh shares within a price band of Rs 557–585 per share.
  • Private-market indications point to a GMP near Rs 45, implying an estimated listing level around Rs 630, though such quotes are unofficial.