The initial public offering (IPO) of Studds Accessories is set to open on Thursday, October 30. The helmet and riding gear player is selling its shares in the range of Rs 557-585 apiece. Investors can apply for a minimum of 25 equity shares and its multiples thereafter and the issue will close for bidding on Monday, November 03. Advertisement

Studds Accessories is looking to raise a total of Rs 455.49 crore via IPO, which is entirely an offer-for-sale (OFS) of up to 77,86,120 equity shares by its promoter and existing shareholders. Entire proceeds will go to the selling shareholders. Last heard, Studds Accessories is commanding a grey market premium of Rs 50-55 apiece, suggesting 9-10 per cent upside for investors.

Incorporated in 1975, Faridabad-based Studds Accessories is a manufactur

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