The initial public offering (IPO) of Studds Accessories continued to see a strong bidding from the investors on the third and final day of the bidding process, thanks to all round bidding from the investors. The issue was overall booked a little more than 1.5 times on day one and more than 5 times on day two. Advertisement

Studds Accessories is selling its shares in the price band of Rs 557-585 apiece. Investors can apply for a minimum of 25 shares and its multiples thereafter. It is looking to raise Rs 455.49 crore via IPO, which is entirely an offer-for-sale (OFS) of up to 77,86,120 equity shares by the promoters and existing shareholders of the company.

According to the data, the investors made bids for 12,29,24,825 equity shares, or 22.55 times, compared to the 54,50,284 equity shar

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