Studds Accessories lists at discount despite strong IPO demand; Piramal Finance debuts at premium after merger

Studds Accessories made a lacklustre debut on the stock exchanges today.

The stock listed at a 3.4 per cent discount on the National Stock Exchange (NSE) at ₹565, compared to the issue price of ₹585 per share. Post-listing, the stock moderated between ₹560 and ₹583.50.

On the BSE, the stock opened at ₹570, reflecting a 2.5 per cent discount. The muted listing came as a surprise given the strong demand the issue witnessed during its subscription period.

The ₹455 crore of helmets manufacturer  lead by demand from insitutional buyers.  The IPO had a price band of ₹557 to ₹585 per share, comprising of an offer for sale (OFS) of 77.86 lakh shares, without fresh issue component.

Ahead of the IPO, the company raised nearly ₹137 crore from anchor investors.

However, sentiment at the time of listing appeared subdued, resulting in the stock opening below its issue price.



Pirmal Finance lists at premium

In addition, Piramal Finance shares listed at 1,313.90 on the NSE against the discovered price of 1,124.20 following the merger with Piramal Enterprises. The latter had ceased trading on stock exchanges since September 23, 2025. On the BSE, the stock opened at ₹1270.

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