Studds Accessories is scheduled to finalize the basis of allotment of its shares on Tuesday, November 04. Bidders will get the messages, alerts or emails for debit of their funds or revocations of their IPO mandate latest by Thursday, November 06, consider a market holiday on Wednesday, November 05. The helmet maker saw a bumper response from the investors during the bidding. Advertisement

The IPO of Studds Accessories was open for subscription between October 30-November 03. It had offered its shares in the price band of Rs 557-585 per share with a lot size of 25 shares. The company raised a total of Rs 455.49 crore from its IPO, which was entirely an offer-for-sale (OFS) of up to 77,86,120 equity shares.

The issue was overall subscribed a whopping 73.25 times, fetching nearly 20.71 la

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