Studds Accessories IPO

Studds Accessories Ltd. IPO is a book-built issue worth Rs 455.49 crores, comprising entirely an Offer for Sale of 0.78 crore shares. The IPO opens on October 30, 2025, and closes on November 3, 2025, with allotment expected on November 4, 2025. Listing on BSE and NSE is set for November 7, 2025. The price band ranges from Rs 557 to Rs 585 per share. A retail investor can apply with a minimum lot of 25 shares, requiring Rs 14,625. The sNII investment is Rs 2,04,750, while the bNII investment totals Rs 10,09,125. IIFL Capital Services Ltd. is the lead manager.

Studds Accessories IPO Details

Check out the issue details for Studds Accessories IPO as disclosed in SEBI.

Price Band

₹ 557 - 585

Issue Size

455.49 Cr.

Issue Type

Book Built

Open

2025-10-30

Close

2025-11-03

Listing Date

2025-11-07

Studds Accessories News

Studds Accessories coming with IPO to raise upto Rs 455.49 crore28 Oct 2025, 10:37AM Studds Accessories gets SEBI’s nod for IPO 16 Jul 2025, 3:16PM

Company Financials

You can get the following financial statements of Studds Accessories as of now.

Company Name

Studds Accessories

Exchange

NSE: STUDDS

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Studds Accessories IPO Details

The details about the Studds Accessories IPO are as follows:

  • The issue size of the IPO is Rs 455.49 Cr.
  • The price band for Studds Accessories IPO is Rs 557 to Rs 585.
  • The shares of Studds Accessories IPO will list on BSE and NSE.
  • The latest tentative GMP of Studds Accessories IPO is Rs 53.
  • The shares of Studds Accessories IPO are subscribed 1.55 Times.

 

Studds Accessories IPO Valuation

The approximate valuation of Studds Accessories IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 585
Existing Shares (Qty) 3.93 Cr
Market Cap Rs 2299.05 Cr
EPS (FY25) Rs 17.7
PE Ratio 33.05x

 

Studds Accessories IPO Issue Size

Studds Accessories IPO issue size is Rs 455.49 Cr.

Issue Amount
Fresh Issue Rs 0 Cr
Offer For Sale Rs 455.49 Cr

 

Studds Accessories IPO Market Lot

An individual can apply for a minimum of 1 lot of 25 shares and a maximum of 13 lots (325 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 25 Rs 14,625
Retail Maximum 13 325 Rs 1,90,125

 

Studds Accessories IPO Share Offer

The shares of Studds Accessories IPO are subscribed 1.55 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Studds Accessories IPO GMP (Grey Market Premium)

As on GMP (Tentative)
30 October 2025 Rs 53

Studds Accessories IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Studds Accessories IPO Dates

Find below the dates for Studds Accessories IPO

Schedule Date
Basis of Allotment 4 Nov 2025
Refunds 6 Nov 2025
Credit to Demat Account 6 Nov 2025
IPO Listing Date 7 Nov 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 414.52 479.62 462.51 499.17 529.02
Total Expenditure 316.5 368.95 408.14 438.92 438.7
Operating Profit 98.02 110.67 54.37 60.25 90.32
Other Income 5.71 4.6 5.48 7.31 6.82
Interest 1.02 3.62 3.2 2.91 1.73
Depreciation 7.28 13.35 16.63 18.1 19.03
Exceptional Items 0 0 0 0 0
Profit Before Tax 95.42 98.3 40.02 46.55 76.38
Provision for Tax 20.88 24.3 11.38 13.29 19.15
Net Profit 74.54 74 28.64 33.26 57.23
Adjusted EPS (Rs.) 1.89 1.88 0.73 0.85 1.45

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 9.84 9.84 9.84 9.84 9.84
Total Reserves 206.19 280.05 300.97 328.13 377.57
Borrowings 27.73 15.58 29.76 19.93 0.2
Other N/C liabilities 19.63 18.5 19.61 22.7 30.33
Current liabilities 84.47 110.45 95.22 80.39 67.63
Total Liabilities 347.86 434.42 455.41 460.98 485.56
Assets
Net Block 156.4 266.27 309.76 311.48 331.35
Capital WIP 83.81 5.54 10.24 10.21 9.95
Intangible WIP 2.46 4.21 2.54 1.59 1.75
Investments 2.4 2.4 2.4 2.4 0.01
Loans & Advances 0 4.06 2.52 2.39 2.44
Other N/C Assets 0 0 1.75 27.26 1.27
Current Assets 102.79 151.94 126.19 105.66 138.79
Total Assets 347.86 434.42 455.41 460.98 485.56
* Other Non-current Liabilities include Net deferred Liabilities

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2018 78.73 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 95.42 98.3 40.02 46.55 76.38
Adjustment 2.49 13.04 15.11 17.03 16.55
Changes in Assets & Liabilities -10.46 -17.21 -30.63 -24.5 21.99
Tax Paid -24.8 -20.74 -12.87 -10.92 -18.33
Operating Cash Flow 62.66 73.39 11.63 28.15 96.59
Investing Cash Flow -26.84 -34.48 -39.88 0.89 -51.13
Financing Cash Flow -25.86 -17.32 3.21 -23.31 -32.27
Net Cash Flow 9.97 21.59 -25.04 5.73 13.18

Studds Accessories IPO: Date, Price Band, & Company Details

Studds Accessories Ltd., India's largest manufacturer of two-wheeler helmets, is launching its Initial Public Offering (IPO) on October 30, 2025. The public issue, which will close on November 3, 2025, aims to raise Rs 455.49 crore entirely through an Offer for Sale (OFS) by its existing shareholders.?

About Studds Accessories Ltd.

Founded in 1983, Studds Accessories is a leading manufacturer and exporter of two-wheeler helmets and motorcycle accessories. The company has built a strong reputation for quality and innovation, catering to a wide range of customers both in India and globally.?

Key Business Highlights

  • Market Leadership: Studds is the largest manufacturer of two-wheeler helmets in India by volume.?

  • Brand Portfolio: The company markets its products under two distinct brands:?

    • Studds: A well-established brand targeting the mass and mid-market segments.

    • SMK: A premium brand launched in 2016 to cater to the needs of discerning motorcyclists.

  • Diverse Product Range: Besides helmets, the company offers a variety of motorcycle accessories, including luggage, gloves, rain gear, riding jackets, and eyewear.?

  • Global Presence: The company has a strong international footprint, exporting its products to over 70 countries. It also manufactures helmets for international brands like Daytona (USA) and O'Neal (Europe, US, Australia).?

Studds Accessories IPO Details (2025)

  • IPO Open Date: October 30, 2025?

  • IPO Close Date: November 3, 2025?

  • Listing Date: November 7, 2025 (Tentative)?

  • Price Band: Rs 557 – Rs 585 per share?

  • Issue Size: Rs 455.49 crore (entirely an Offer for Sale of 77.86 lakh shares).?

  • Lot Size: 25 Shares?

  • Minimum Investment (Retail): Rs 14,625 at the upper price band.?

IPO Structure & Utilisation

  • Offer for Sale: The IPO is a complete OFS, which means the promoter group and other existing shareholders will be selling their shares. The company itself will not receive any proceeds from the public issue.?

  • Reservation: The issue has a reservation of 35% for retail investors.?

  • Use of Proceeds: Since this is an OFS, the primary objective is to provide an exit route for the selling shareholders and to achieve the benefits of listing the company's shares on the stock exchanges.?

Key Dates & Timeline

  • Anchor Investor Bidding: October 29, 2025?

  • IPO Opening: October 30, 2025?

  • IPO Closing: November 3, 2025?

  • Allotment Finalisation: November 4, 2025 (Tentative)?

  • Listing on BSE & NSE: November 7, 2025 (Tentative)?

Frequently Asked Questions (FAQs) about Studds Accessories IPO

Q1: What are the key dates for the Studds Accessories IPO?
The IPO is open for subscription from October 30 to November 3, 2025. The tentative listing date is November 7, 2025.?

Q2: What is the price band for the Studds Accessories IPO?
The price band has been set at Rs 557 to Rs 585 per share.?

Q3: What will the funds raised be used for?
As this is entirely an Offer for Sale, the company will not receive any proceeds. The funds will go to the selling shareholders.?

Q4: Who are the promoters of Studds Accessories?
The promoters of the company are Madhu Bhushan Khurana, Sidhartha Bhushan Khurana, and Shilpa Arora.?

Read More
X