Studds Accessories IPO
Studds Accessories Limited (STUDDS) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 07 November 2025.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +36.9% (likely range +26% to +58%), day's high +40.1%, chance of a gain 92%. Actual: -3.4% at the open, 0.0% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 15,57,224 | 24,91,37,550 | 160x | |
| NII (HNI) total | 11,67,918 | 8,99,13,100 | 77.0x | |
| Big NII (above ₹10 lakh) | 7,78,612 | 6,46,89,850 | 83.1x | |
| Small NII (₹2-10 lakh) | 3,89,306 | 2,52,23,250 | 64.8x | |
| Retail | 27,25,142 | 6,01,85,500 | 22.1x | |
| Total | 54,50,284 | 39,92,36,150 | 73.3x |
Bids on NSE and BSE together, as published by NSE, as of 03 Nov 2025, 07:00 PM. Shares offered exclude the anchor portion. 12% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Studds Accessories's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Ecos (India) Mobility & HospitalityAug 2024 | 137x | 71.2x | 19.8x | 64.3x | ₹601 Cr | +16.8% | +36.5% |
| Azad EngineeringDec 2023 | 180x | 87.6x | 23.8x | 80.7x | ₹751 Cr | +37.4% | +38.7% |
| EMSSep 2023 | 153x | 82.3x | 29.8x | 75.3x | ₹322 Cr | +33.7% | +37.9% |
| Harsha Engineers InternationalSep 2022 | 178x | 71.3x | 17.6x | 74.7x | ₹794 Cr | +36.4% | +59.9% |
| Transrail LightingDec 2024 | 201x | 76.4x | 22.1x | 80.8x | ₹843 Cr | +36.6% | +40.0% |
| Senco GoldJul 2023 | 181x | 65.0x | 15.5x | 73.4x | ₹427 Cr | +35.6% | +40.1% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| IIFL Capital Services | 94 | +19.3% | 71% |
| ICICI Securities | 109 | +21.3% | 69% |
Offer documents (NSE)
Frequently asked
What is the Studds Accessories IPO price band and lot size? ₹557–585 per share, with a lot of 25 shares, so the smallest retail bid is ₹14,625.
How many times has it been subscribed? 73.3x overall: QIB 160x, NII 77.0x, retail 22.1x.
How did it list? It opened at ₹565, -3.4% against the issue price of ₹585, and closed its first day -4.2%.
