Studds Accessories Ltd. is set to finalise its IPO share allotment status on November 4, following a strong subscription on the last day of bidding on Monday.

The initial public offering (IPO) worth ₹455.49 crore was open for subscription from October 30 to November 3. Investors across categories showed a strong interest in the Studds Accessories IPO shares, leading to an overall subscription of 73.25 times. The mainboard IPO received bids for 39.92 crore shares against 54.5 lakh shares on offer, as per the NSE data.

The retail quota of the IPO was booked 22 times, while the Non-Institutional Investors’ (NIIs) category was subscribed 77 times. The Qualified Institutional Buyers (QIBs) booked their segment 160 times.

The IPO was a book-building issue comprising entirely an offer-for-sa

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