The stencilled insignia appears to be for a cavalry unit, so I would assume it could have belonged to a member of a tank or possibly recon regiment.
'I do not think we can hope for any better thing now.
We shall stick it out to the end, but we are getting weaker of course, and the end cannot be far.
It seems a pity, but I do not think I can write more. R. SCOTT.
Last Entry - For God's sake look after our people.'
In memory of Capt. Robert Falcon Scott, Edward Wilson, Henry Bowers, Lawrence Oates and Edgar Evans. South Pole Expedition, 30th March 1912.
I love the look of these m33's . ESP. With the nice stencil. One of the only axis helmets I don't have in the collection!
Thanks guys! I came up with this one in a trade deal a long time ago... Just ran across it again.
This link lists it as a Spanish Cavalry helmet (at the bottom of the page)
.: World War Helmets - Casque Modèle 933 :.,
I was looking for something to back that up and came up with this thread, I've added a picture from it.
Italian M33 Insignia Identification Help - Wehrmacht-Awards.com Militaria Forums
I don't know if the fact that yours is on a re-painted makes any difference.
It's definitley a nice helmet.