### Studds Accessories IPO: A Surge in Investor Interest on Day 3 The initial public offering (IPO) of Studds Accessories Ltd, a prominent helmet manufacturer, has garnered significant attention from investors, achieving a subscription rate of **73.25 times** by the end of Day 3. The IPO, which opened on October 30, 2025, is set to close on November 3, 2025, with a price band ranging from **₹557 to ₹585** per share. The total issue size is approximately **₹455 crore**, primarily through an offer for sale (OFS) by promoters and existing shareholders, with no funds going to the company itself [https://www.thehindubusinessline.com/markets/studd-accessories-day-3-ipo-subscription-status-live-updates/article70234881.ece]. ### Breakdown of the IPO Subscription and Structure 1. **Subscription Overview**: - The IPO has seen a robust response, with **73.25x** overall subscription on Day 3, indicating strong demand across all investor categories [https://ipowatch.in/studds-accessories-ipo-subscribed-on-day-3]. - The subscription figures reflect a significant increase from earlier days, where it was **2.45x** on Day 2 and **0.61x** on Day 1 [https://groww.in/blog/studds-accessories-ipo-day-2, https://groww.in/blog/studds-accessories-ipo-day-1]. 2. **Investor Categories**: - Retail investors have shown considerable interest, with their portion subscribed **3.25x** on Day 2 [https://groww.in/blog/studds-accessories-ipo-day-2]. - Non-Institutional Investors (NIIs) and Qualified Institutional Buyers (QIBs) have also contributed significantly, with NIIs leading the charge [https://www.thehindubusinessline.com/markets/studd-accessories-day-3-ipo-subscription-status-live-updates/article70234881.ece]. 3. **Financial Details**: - The IPO's price band is set between **₹557 and ₹585**, with an implied valuation of around **₹2,300 crore** at the upper end of the price range [https://www.fortuneindia.com/markets/studds-ipo-day-3-issue-subscribed-7324-times-find-more-details-here/127881]. - The Grey Market Premium (GMP) was reported at **₹70**, suggesting an estimated listing price of **₹655** [https://www.fortuneindia.com/markets/studds-ipo-day-3-issue-subscribed-7324-times-find-more-details-here/127881]. ### Supporting Data and Evidence - **Subscription Rates**: - Day 1: **0.61x** [https://groww.in/blog/studds-accessories-ipo-day-1] - Day 2: **2.45x** [https://groww.in/blog/studds-accessories-ipo-day-2] - Day 3: **73.25x** [https://ipowatch.in/studds-accessories-ipo-subscribed-on-day-3] - **Financial Metrics**: - Total Issue Size: **₹455 crore** - Price Band: **₹557 - ₹585** - Estimated Listing Price: **₹655** [https://www.fortuneindia.com/markets/studds-ipo-day-3-issue-subscribed-7324-times-find-more-details-here/127881]. ### Conclusion: Strong Market Response and Future Outlook The **Studds Accessories IPO** has demonstrated an impressive subscription rate, reflecting strong investor confidence and interest in the company. The following points summarize the key findings: 1. **High Subscription Rate**: The IPO was subscribed **73.25 times** by Day 3, indicating robust demand [https://ipowatch.in/studds-accessories-ipo-subscribed-on-day-3]. 2. **Investor Participation**: All categories of investors, particularly retail and NIIs, have shown significant engagement [https://www.thehindubusinessline.com/markets/studd-accessories-day-3-ipo-subscription-status-live-updates/article70234881.ece]. 3. **Financial Viability**: The pricing and valuation metrics suggest a positive outlook for the company's market debut, with an estimated listing price of **₹655** [https://www.fortuneindia.com/markets/studds-ipo-day-3-issue-subscribed-7324-times-find-more-details-here/127881]. As the IPO period concludes, the anticipation for the listing on November 7, 2025, remains high, with investors keenly awaiting the market's reception of Studds Accessories Ltd.