Received 5 times subscription in two days, GMP also increased, this IPO has been a hit

Date:


Last updated:

Studds Accessories IPO- Studds Accessories has set a target of raising ₹ 455.49 crore through this IPO. The special thing is that this entire IPO is in the form of Offer for Sale (OFS). There is a continuous increase in the GMP of IPO (Studds Accessories IPO GMP).

The price band of Studs Accessories IPO has been fixed at ₹557 to ₹585.

New Delhi. While the IPO of Studds Accessories IPO, the country’s famous helmet manufacturing company, is getting a strong response from investors, the shares of the issue are also trading at a good premium in the gray market (Studds Accessories IPO GMP). Studs IPO opened on 30 October. It has been filled 5.08 times in just two days. The IPO was completely filled within five hours of opening. So far, bids have come for a total of 2,77,11,500 shares, while only 54,50,284 shares are available in the offer. The retail investor category received 6.03 times subscription, while the non-institutional investor (NII) category received 9.62 times bids. At the same time, the Qualified Institutional Investor (QIB) category has been filled 0.04 times in two days. Studs IPO will close on 3 November. That means investors still have one day left to invest money in this IPO.

Studs Accessories has set a target of raising ₹455.49 crore through this IPO. The special thing is that this entire IPO is in the form of Offer for Sale (OFS). That means no new shares have been issued, rather old shareholders are selling their shares. For this reason, the money that will come from the IPO will go to the investors selling shares instead of the company. Promoters Madhu Bhushan Khurana, Siddharth Bhushan Khurana and Chand Khurana together are selling 67 lakh shares in the issue. After this, the promoters’ stake in the company will reduce from 78.8% to 61.8%.

studs accessories ipo price band

The price band of Studs Accessories IPO has been fixed at ₹557 to ₹585. There are 25 shares in one lot of the issue. It is necessary for retail investors to bid for at least one lot. In this way, according to the upper price band, you will have to invest Rs 14625 in this IPO. The allotment of IPO shares is likely to take place on November 4, 2025, and the listing may take place on BSE and NSE on November 7, 2025.

Studs Accessories IPO GMP

According to IPOwatch.in, a gray market tracking website, the gray market premium (GMP) of Studs Accessories’ IPO is currently standing at ₹67 per share on Sunday. On the day of opening of IPO i.e. on Thursday, GMP was Rs 53. This means that GMP is rising. The current GMP is indicating that investors can get 11.45 percent listing gain.

Market experts say that the two-wheeler market in India is growing rapidly and Studds Accessories is all set to move forward in this market. Therefore, this IPO can be a good opportunity for short-term profits as well as long-term investment.

(Disclaimer: Investment in IPO is subject to market risks. If you want to invest money in IPO, then first consult a certified investment advisor. AyraNews24x7 will not be responsible for any profit or loss you may incur.)

Click here to add AyraNews24x7 as your favorite news source on Google.
home business

Received 5 times subscription in two days, GMP also increased, this IPO has been a hit

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Discover more from AyraNews24x7

Subscribe now to keep reading and get access to the full archive.

Continue reading