The initial public offering of Studds Accessories Ltd attracted robust demand with an overall subscription of 72.33 times at 3:54 pm on November 3, 2025.
Among categories, qualified institutional buyers (QIBs) led the demand with a bid of 159.98 times, non-institutional investors (NIIs) followed with a subscription of 76.62 times, and the retail portion with a subscription of 20.41 times.
The ₹455 crore IPO comprised an offer for sale (OFS), with the promoter group and other shareholders offloading 77.86 lakh shares. The company fixed the price band of ₹557-585 per share.
Studds Accessories raised nearly ₹137 crore from anchor investors ahead of the IPO.
Allotment is expected on November 4, followed by listing on November 7, 2025.