Studds Accessories IPO opens on 30 October 2025 and closes on 3 November 2025. The price band is fixed at ₹557 to ₹585 per share. The company aims to raise about ₹455.49 crore, including a fresh issue and an offer for sale of 77,86,120 equity shares. Allotment is scheduled for 4 November 2025, and the shares will list on BSE and NSE on 7 November 2025.
Retail investors have a 35% quota, while QIBs get 50% and NIIs 15%. The company has delivered healthy growth. Revenue increased to ₹595.89 crore in FY2025 from ₹535.84 crore in FY2024, and profit rose to ₹69.64 crore from ₹57.23 crore in the same period.
With rising demand for two-wheeler helmets and a strong brand presence, Studds Accessories appears well-positioned for long-term expansion.
Contents
Studds Accessories IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | 30 October 2025 |
| IPO Close Date | 3 November 2025 |
| Face Value | ₹5 per share |
| Price Band | ₹557 to ₹585 |
| Issue Size | Approx ₹455.49 crore |
| Offer for Sale | 77,86,120 equity shares |
| Issue Type | Book Built Issue |
| Listing | BSE, NSE |
| DRHP | View PDF |
| RHP | View PDF |
Studds Accessories IPO
Open: 30-3 Nov 2025
Issue Size: ₹455.49 Cr.
Objective: This is just a sale by current owners (OFS) and to get listed.
Exchange: NSE, BSE
Studds Accessories IPO Review
Studds Accessories has delivered consistent financial growth, stable margins, and strong brand recall in both domestic and global markets. Being India’s largest helmet manufacturer provides a competitive edge. The valuation appears reasonable considering the company’s scale, leadership position, and improving profitability.
Investors looking for long-term exposure to the growing two-wheeler accessories market may consider applying, while short-term listing gains will depend on market sentiment and subscription numbers.
Studds Accessories IPO Market Lot
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 25 | ₹14,625 |
| Retail Maximum | 13 | 325 | ₹1,90,125 |
| S-HNI Minimum | 14 | 350 | ₹2,04,750 |
| S-HNI Maximum | 68 | 1,700 | ₹9,94,500 |
| B-HNI Minimum | 69 | 1,725 | ₹10,09,125 |
IPO Reservation
| Category | Shares Offered | Percentage |
|---|---|---|
| Anchor Investors | 23,35,836 | 30% |
| QIB (Ex-Anchor) | 15,57,224 | 20% |
| NII | 11,67,918 | 15% |
| Retail | 27,25,142 | 35% |
Studds Accessories IPO Anchor Investors
| Particular | Details |
|---|---|
| Anchor Bidding Date | 29 October 2025 |
| Shares Offered | 23,35,836 |
| Anchor Size | ₹136.65 crore |
| Lock-in End (50% – 30 Days) | 3 December 2025 |
| Lock-in End (50% – 90 Days) | 1 February 2026 |
| Anchor Investor List | View PDF |
Studds Accessories IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 30 October 2025 |
| IPO Close Date | 3 November 2025 |
| Basis of Allotment | 4 November 2025 |
| Refunds | 6 November 2025 |
| Credit to Demat | 6 November 2025 |
| Listing Date | 7 November 2025 |
| Cut-off Time | 3 November 2025 – 5 PM |
Promoters and Holding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre-Issue | 3,93,53,400 | 78.78% |
| Promoter Holding Post-Issue | 3,93,53,400 | 61.76% |
Objects of the Issue
The primary objective of the Studds Accessories IPO is to achieve the benefits of listing the equity shares on the BSE and NSE. By getting listed, the company aims to enhance its visibility, strengthen its market presence, and provide liquidity to existing shareholders.
Listing will also help improve corporate governance standards and enable better access to capital markets for future growth requirements.
- Also Read: Shining Tools IPO
About Studds Accessories Limited
Studds Accessories Limited, based in Faridabad, Haryana, was incorporated in 1975 and began operations in 1983. The company manufactures two-wheeler helmets and motorcycle accessories under the popular Studds and SMK brands.
Studds is India’s largest helmet manufacturer by revenue in FY2023 and the world’s largest by volume in FY2024. The company has seen steady growth, driven by strong domestic and international demand.
Studds Accessories Financial Performance
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹506.48 cr | ₹460.04 cr | ₹33.15 cr | ₹461.07 cr |
| 2024 | ₹535.84 cr | ₹459.46 cr | ₹57.23 cr | ₹485.56 cr |
| 2025 | ₹595.89 cr | ₹500.86 cr | ₹69.64 cr | ₹556.71 cr |
| June 2025 | ₹152.01 cr | ₹124.34 cr | ₹20.25 cr | ₹586.61 cr |
Studds Accessories IPO Valuation (FY2025)
| KPI | Value |
|---|---|
| ROE | 15.49% |
| ROCE | 20.25% |
| EBITDA Margin | 17.96% |
| PAT Margin | 11.93% |
| Debt-to-Equity | (0.07) |
| EPS (Basic) | ₹17.70 |
| P/E Ratio | N/A |
| RoNW | 15.49% |
| NAV | ₹114.22 |
Peer Comparison
| Company | Status |
|---|---|
| No listed peers | – |
IPO Lead Managers
IIFL Capital Services Ltd.
ICICI Securities Ltd.
Company Address
Studds Accessories Ltd.,
Plot No. 918, Sector 68, IMT,
Faridabad, Haryana – 121004
Phone: +91 129429 6500
Email: secretarial@studds.com
Website: studds.com
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: studds.ipo@in.mpms.mufg.com
Website: in.mpms.mufg.com/Initial_Offer/public-issues.html
FAQs
What is Studds Accessories IPO?
Studds Accessories IPO is a mainboard book-built issue worth around ₹455.49 crore, including a fresh issue and an offer for sale. The shares will list on BSE and NSE.
When does the IPO open and close?
The IPO opens on 30 October 2025 and closes on 3 November 2025. Allotment is on 4 November, and listing is on 7 November 2025.
What is the price band and lot size?
The price band is ₹557 to ₹585 per share. The minimum lot size is 25 shares, requiring an investment of ₹14,625.
How is the issue reserved for investors?
The IPO allocation is divided as: QIB 50%, NII 15%, and Retail 35%.
How can investors apply?
You can apply via ASBA through your bank or UPI-enabled applications through your broker. Offline ASBA forms are also accepted.
Should investors consider applying?
The company has strong financial growth, leading market position, and a well-known brand. It may be suitable for long-term investors, while listing gains depend on overall market sentiment.
Expert Comment
Studds Accessories stands out as a market leader with a proven growth record and strong brand positioning. The company benefits from rising two-wheeler penetration, mandatory helmet regulations, export potential and a healthy balance sheet.
While the offer for sale component limits fresh capital infusion, the overall fundamentals support long-term value creation. Serious long-term investors may view this IPO as a steady-growth opportunity.
