Studds Accessories IPO Details
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Studds Accessories IPO opens for subscription on 30 Oct 2025 and closes on 03 Nov 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 07 Nov 2025.
Studds Accessories IPO price band has been fixed at ₹557 – ₹585 per share.The face value is ₹5 per share with a lot size of 25.
Studds Accessories IPO total issue size comprises 77,86,120 shares (aggregating up to ₹455.49 Cr.). Offer for Sale consists of 77,86,120 shares (aggregating up to ₹455.49 Cr.). Pre-issue shareholding stands at 3,93,53,400, which will increase to 3,93,53,400 post-issue.
Studds Accessories IPO carries a ₹35 (6.0%) GMP, reflecting investor sentiment.
Studds Accessories IPO Lot Size : Retain Minimum is 1 lot (25 shares) amounting to ₹14,625. Retain Maximum is 13 lots (325 shares) amounting to ₹190,125. SHNI Minimum is 14 lots (350 shares) amounting to ₹204,750. SHNI Maximum is 68 lots (1,700 shares) amounting to ₹994,500. BHNI Minimum is 69 lots (1,725 shares) amounting to ₹1,009,125.
The Lead Managers for Studds Accessories IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is ICICI Securities Limited, IIFL Capital Services Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Studds Accessories Limited RHP.
Studds Accessories IPO Details
Studds Accessories IPO Subscription
Studds Accessories IPO Application Wise Breakup (Approx)
Studds Accessories IPO Dates
- 30 Oct 2025Opening dateOPD
- 03 Nov 2025Closing dateCOD
- 04 Nov 2025Allotment Date BOA
- 06 Nov 2025Initiation of RefundsIOR
- 06 Nov 2025Credit of SharesCOS
- 07 Nov 2025Listing dateLID
Studds Accessories IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 25 | ₹14,625 |
| Retain Maximum | 13 | 325 | ₹190,125 |
| SHNI Minimum | 14 | 350 | ₹204,750 |
| SHNI Maximum | 68 | 1700 | ₹994,500 |
| BHNI Minimum | 69 | 1725 | ₹1,009,125 |
Studds Accessories IPO Reservation
Promoter Holding
Studds Accessories IPO Valuations
Studds Accessories Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 586.61 | 556.71 | 485.56 | 461.07 |
| Total Income | 152.01 | 595.89 | 535.84 | 506.48 |
| Profit After Tax | 20.25 | 69.64 | 57.23 | 33.15 |
| EBITDA | 30.26 | 104.84 | 90.19 | 60.05 |
| NET Worth | 469.77 | 449.48 | 387.41 | 338.02 |
| Reserves and Surplus | 450.09 | 429.80 | 377.57 | 328.18 |
| Total Borrowing | 2.91 | 2.91 | 0.61 | 30.58 |
| Amount in ₹ Crore | ||||
About Studds Accessories IPO
Incorporated in 1975 and established in 1983, Studds Accessories Limited is a manufacturer of two-wheeler helmets and motorcycle accessories based in Faridabad, Haryana, India. The company designs, manufactures, markets, and sells helmets under the “Studds” and “SMK” brands, while other accessories are sold under the “Studds” brand.
Product Portfolio
- Helmets, Two-wheeler luggage, Gloves, Helmet security guards, Rain suits, Riding jackets and Eyewear.
Market Presence
Studds Accessories Limited distributes its products across India and exports to over 70 countries, including markets in the Americas, Asia (excluding India), Europe, and other regions. Additionally, the company manufactures helmets for:
- Jay Squared LLC – Sold under the “Daytona” brand in the United States.
- O’Neal – Supplied to markets in Europe, the United States, and Australia.
Manufacturing Facilities
The company operates four manufacturing facilities in Faridabad, India:
- Manufacturing Facility II, III, and IV – Situated on company-owned land.
- Manufacturing Facility I – Partially owned, partially leasehold.
Key Figures
- As of August 31, 2025, it has 19,258 SKUs across product categories.
- As of August 31, 2025, it offers over 240 different designs across our product categories, including 80 designs under the SMK brand and more than 160 designs under the Studds brand.
- 7.40 million helmets sold in Fiscal 2025.
- Its R& D team has 75 members
Strength Of Studds Accessories IPO
- Largest player of helmets in India in Fiscal 2023.
- Wide design and product catalogue across price points catering to diverse consumer requirements.
- Advanced manufacturing and D&D capabilities with vertically integrated operations.
- Strong pan-India and global presence supported by an extensive and well-developed sales and dealer network and major quality accreditations.
- Capital efficient and sustainable business model.
- Experienced Promoters and Management team.
Risk Of Studds Accessories IPO
- The sales of our products will suffer if we are unable to maintain and/ or enhance the tudds' and MK' brands, which would have a material adverse effect on our business, financial condition, results of operations and brand equity.
- The sale of two-wheeler helmets manufactured by us contributes a significant portion to total sales (92.56%, 92.44%, 91.91% and 94.27% for the six months ended September 30, 2024 and Fiscals 2024, 2023, and 2022, respectively). Any decrease in motorcycle sales could have an adverse effect on our business, cash flows, results of operation and financial position.
- Our continued operations at our manufacturing facilities are critical to our business and any disruption, breakdown or shutdown of our manufacturing facilities may have a material adverse effect on our business, financial condition, results of operations and cash flows.
- We incur significant expenses in relation to the procurement of our primary raw materials. In the event we are unable to procure adequate amounts of raw material, at competitive prices, our business, results of operations and financial condition may be adversely affected. Further, we do not generally enter into agreements with the suppliers and accordingly may face disruptions in supply from the current suppliers.
- If we are unable to provide new designs or update our product catalogue in accordance with customer preference, it may adversely affect our business prospects, results of operations and cash flows.
- We are dependent on certain raw material suppliers (which accounted for more than 40% in the six months ended September 30, 2024 and Fiscals 2024, 2023 and 2022). Any disruption in their operations or the inability of such suppliers to supply the raw materials in the quantities we require, may have an adverse effect on our business, results of operations and financial condition.
- We depend on sale of our products to OEMs and government customers, which accounted for more than 15% in each of the six months ended September 30, 2024, and Fiscal 2024. An economic slowdown or factors affecting demand of our products by OEMs and government customers may have an adverse effect on our business, financial condition and results of operations.
- Our inability to protect or use our intellectual property rights may adversely affect our business.
- Our Company has been delayed in filing Form FC-GPR for allotment of shares to certain NRI shareholders pursuant to the bonus issue undertaken by our Company on January 11, 2025. We have been unable to file the form FC-GPR on account on lack of clarity on the mode of investment of certain NRI shareholders or due to non-filing of the Form FC-TRS by certain other NRI shareholders at the time of their investment in our Company. We cannot assure that we will able to file the Form FC-GPR in a timely manner, and consequently we may be subject to regulatory actions and penalties/compounding fees, as applicable.
- We have made certain issuances and allotments of our Equity Shares which were not in compliance with section 67(3) of the Companies Act, 1956.
Objectives Studds Accessories IPO
1. The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.
Company Contact Details
Studds Accessories Ltd.
Plot No. 918,
Sector 68, IMT Faridabad 121004,
Haryana, India
Faridabad, Haryana, 121004
Phone: +91 129429 6500
Email: secretarial@studds.com
Website: http://www.studds.com/
Registrar Contact Details
Read more about Studds Accessories Limited IPO
- Studds Accessories Limited IPO Detail
- Studds Accessories Limited IPO Subscription Detail
- Studds Accessories Limited IPO GMP Detail
- Checked Live Studds Accessories Limited IPO Allotment Status
- Studds Accessories Limited IPO Basis Of Allotment
- Studds Accessories Limited IPO Price Calculator
- Studds Accessories Limited IPO Stock Price