Studds Accessories IPO Allotment Status Finalised for November 4

Strategic Insights -

The initial public offering (IPO) of Studds Accessories, which closed on November 3, is nearing its final stages. On November 4, the allotment of shares to investors who bid in the IPO will be finalised. The listing of the shares on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) is scheduled for November 7. Investors who want to check their allotment status can do so on various websites, including the BSE IPO allotment status page, the NSE website, and the registrar's website, MUFG Intime. The IPO, which aimed to raise Rs 455.49 crore, received an overall subscription of 19.91 times. Qualified Institutional Buyers (QIBs) and Retail Investors showed high demand, with subscription levels of 9.48 times and 14.88 times, respectively.

Key Takeaways:

  • The Studds Accessories IPO allotment status is expected to be finalised on November 4, marking the next stage in the IPO process.
  • The listing of the shares on NSE and BSE is scheduled for November 7, following the allotment process.
  • Investors who want to check their allotment status can visit the BSE IPO allotment status page, the NSE website, or the registrar's website, MUFG Intime.
  • The IPO received a high overall subscription of 19.91 times, with Qualified Institutional Buyers (QIBs) and Retail Investors showing demand of 9.48 times and 14.88 times, respectively.
  • The grey market premium for Studds Accessories IPO is around Rs 60, indicating a potential listing price of Rs 645 and a gain of around 10% from the upper end of the price band.
  • The IPO was managed by IIFL Capital Services, with MUFG Intime as the registrar and aimed to raise Rs 455.49 crore.

Statistics:

  • Overall subscription for Studds Accessories IPO: 19.91 times
  • Subscription level for Qualified Institutional Buyers (QIBs): 9.48 times
  • Subscription level for Retail Investors: 14.88 times
  • Grey market premium for Studds Accessories IPO: around Rs 60
  • Potential listing price of Studds Accessories IPO: Rs 645
  • Date of IPO opening: October 30
  • Date of IPO closing: November 3
  • Date of allotment finalisation: November 4
  • Date of listing: November 7

Sources:

  • Contify.com
  • IE Online Media Services Pvt. Ltd. (2025)