Studds Accessories will launch its initial public offering (IPO) for subscription on 30 October, offering shares at a price band of Rs 557-585 each. The IPO is an offer-for-sale (OFS) of 77.86 lakh shares, aggregating to Rs 455.49 crore, with all proceeds going to selling shareholders. Investors can apply for a minimum lot of 25 equity shares, with the subscription window closing on 3 November. Advertisement

The IPO's allotment is scheduled for finalisation by 4 November, and shares are expected to be credited to successful applicants' demat accounts before the listing date on 7 November. The anchor investor portion will open one day prior, on 29 October. IIFL Capital Services and ICICI Securities are managing the issue, with MUFG Intime India as the registrar.

Studds Accessories operat

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