New Delhi, Nov. 7 -- Studds Accessories IPO Listing: Contrary to analyst views and grey market trends, shares of Studds Accessories listed at a discount to its initial public offering (IPO) today, November 7.

Studds Accessories' share prices debuted at Rs.565 on the NSE, a discount of Rs.20 or 3.42% to its IPO price of Rs.585. Meanwhile, on the BSE, Studds shares got listed at Rs.15 or 2.56% lower than the issue price at Rs.570.

The listing missed expectations by a wide margin, as indicated by the latest grey market premium. Studds Accessories IPO GMP today was Rs.45, signalling around 8% listing pop.

The initial share sale had also witnessed a hefty demand from all categories of investors, suggested BSE data. Studds Accessories IPO wa...