The company has set the price band in the range of Rs 557 to Rs 585 per equity share (Image source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The domestic manufacturer and seller of two-wheeler helmets in India, Studds Accessories has been subscrbed 14% on day one so far. The company has set the price band in the range of Rs 557 to Rs 585 per equity share. The offer will be open for till Nov. 3 for investors to subscribe.

Investors can place bids starting from a minimum of 25 shares and in multiples thereafter. The company is raising Rs 455.5 -crore through an offer for sale of 77.9 lakh equity shares. Studds Accessories' IPO is an offer for sale with no fresh issuance.

IIFL Capital Services Ltd. and ICICI Securities Ltd. are the book-running lead managers

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