Studds Accessories Share Price Slumps on Listing; GMP Turns Negative as Stock Opens 3% Down

Studds Accessories IPO made a muted debut on the Indian stock exchanges on November 7th, listing at a discount to its issue price despite strong subscription demand. The stock began trading at Rs. 565 per share on the NSE and Rs. 570 per share on the BSE, with a listing loss of up to 3.42% against the IPO issue price of Rs. 585 per share.

Studds Accessories IPO Listing Performance

On the National Stock Exchange (NSE), Studds Accessories shares opened at Rs. 565, down 3.42% from their issue price, while on the Bombay Stock Exchange (BSE), they listed at Rs. 570, marking a 2.56% discount.

As of 11 AM, Studds Accessories shares were trading at Rs. 574.30 apiece on the NSE after gaining 1.60%.

The Studds Accessories IPO had an issue price of Rs. 585 per share and was expected to list around Rs. 630 as per grey market premium (GMP) trends. However, the actual listing came below GMP expectations, indicating a negative listing sentiment despite the IPO's strong demand.

As of November 7, 2025, 05:57 AM, the last updated GMP (grey market premium) for the Studds Accessories IPO stood at Rs. 45, implying an expected listing gain of around 7.69%, but the actual debut was weaker than predicted.

Studds Accessories IPO Subscription Status

The Studds Accessories IPO received an overwhelming response from investors, with the issue being subscribed 73.25 times overall.

As per the category-wise subscription breakup, Qualified Institutional Buyers (QIB) subscribed 159.99 times. While the Non-Institutional Investors (NII) bid 76.99 times. Similarly, the Retail Individual Investors bid for it 22.08 times.
The IPO bidding opened on October 30, 2025, and closed on November 3rd. The IPO allotment was finalised on November 4, while the shares listed on BSE and NSE on November 7.

Studds Accessories IPO Details

The Studds Accessories IPO was a book-built issue worth Rs. 455.49 crore, consisting entirely of an offer for sale (OFS) of 0.78 crore shares by existing shareholders. The IPO price band was set between Rs. 570 and Rs. 585 per share, giving investors a range to bid within. Each share carried a face value of Rs. 5, and the lot size for retail investors was fixed at 25 shares per lot, making the minimum investment amount Rs. 14,625 based on the upper price band.

About Studds Accessories

Studds Accessories Limited is one of India's largest manufacturers of two-wheeler helmets and accessories, with a global footprint spanning more than 40 countries. The company produces a wide range of helmets and motorcycle gear under its flagship brands - Studds and SMK. The firm operates state-of-the-art manufacturing facilities in Faridabad (Haryana) and focuses on innovation, safety, and export expansion. Despite a stellar IPO subscription and strong investor enthusiasm, the Studds Accessories IPO listed at a discount