India's Studds Accessories drops in debut trade
ReutersNov 7, 2025 6:31 AM
Two-wheeler helmet maker Studds Accessories STUS.NS drop nearly 1% on trading debut; earlier slumped almost 4.3%
Stock opened at 565 rupees vs issue price of 585 rupees
As of 11:55 a.m. IST, co valued at 22.72 billion rupees ($258.49 million)
Broader markets decline on profit-taking across sectors .BO
Its 4.55-billion-rupee IPO consisted solely of shares on offer by existing shareholders
IPO was subscribed 73.25 times, garnering bids worth 233.55 billion rupees at the upper end of the price range of 557-585 rupees
($1 = 87.8950 Indian rupees)
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