Studds Accessories IPO
GMP, Subscription, Price, Dates & Financial Details
Studds Accessories LimitedOverview Incorporated in 1975 and established in 1983, Studds Accessories Limited is a leading manufacturer of two-wheeler helmets and motorcycle accessories headquartered in Faridabad, Haryana, India. The company designs, manufactures, markets, and sells helmets under the…
Open Date
Thu, 30 Oct 2025
Close Date
Mon, 03 Nov 2025
Price Band
₹ 557 – 585
Lot Size
25
Issue Size
₹ 455.49 Cr
Minimum Investment
₹ 14,625 (25 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Studds Accessories IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹455.49 Crore.
The Studds Accessories IPO remained open for subscription from October 30, 2025, to November 03, 2025. The basis of allotment was finalized on November 04, 2025, and the company's shares were listed on the NSE and BSE on November 07, 2025.
The company had fixed the price band at ₹557 to ₹585 per share, with a lot size of 25 shares. Retail investors were required to make a minimum investment of ₹14,625 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. IIFL Capital Services Limited, and ICICI Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Studds Accessories Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Studds Accessories IPO Timeline (Tentative)
- IPO Open Date
- Thu, 30 Oct 25
- IPO Close Date
- Mon, 03 Nov 25
- Basis of Allotment
- Tue, 04 Nov 25
- Initiation of Refunds
- Thu, 06 Nov 25
- Credit of Shares to Demat
- Thu, 06 Nov 25
- Listing Date
- Fri, 07 Nov 25 — NSE & BSE
Open Date
30 October 2025
Close Date
03 November 2025
Basis Of Allotment
04 November 2025
Listing Date
07 November 2025
IPO Subscription
Check Live Subscription →The Studds Accessories IPO has received bids for 39,92,36,150 shares against 54,50,284 shares offered, resulting in an overall subscription of 73.25x. the NII category is subscribed 76.99x, Retail Investors 22.09x, and QIBs 159.99x. Within the NII category, BNII is subscribed 83.08x, while SNII is subscribed 64.79x.
QIB
159.99x
NII
76.99x
BNII
83.08x
SNII
64.79x
RII
22.09x
Total
73.25x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 27,25,142 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 15,57,224 shares (28.57%), while Non-Institutional Investors (NIIs) receive 11,67,918 shares (21.43%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 1,557,224 | 28.57% |
| Non-Institutional | 1,167,918 | 21.43% |
| BNII | 778,612 | 14.29% |
| SNII | 389,306 | 7.14% |
| Retail Investors | 2,725,142 | 50% |
| Total | 5,450,284 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 586.61 | 556.71 | 485.56 | 461.07 |
| Revenue | 152.01 | 595.89 | 535.84 | 506.48 |
| Profit After Tax | 20.25 | 69.64 | 57.23 | 33.15 |
| Net Worth | 469.77 | 449.48 | 387.41 | 338.02 |
| Reserve & Surplus | 450.09 | 429.8 | 377.57 | 328.18 |
| Total Borrowings | 2.91 | 2.91 | 0.61 | 30.58 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Studds Accessories Limited KPI Information
| Particular | KPI as of Mon |
|---|---|
| ROE % | 16.64 |
| ROCE % | 20.25 |
| Debt / Equity | -0.07 |
| RoNW % | 15.49 |
| Pat Margin % | 11.93 |
Peers Comparison
No Peer Comparision Available
About Studds Accessories Limited
Studds Accessories Limited
Overview
Incorporated in 1975 and established in 1983, Studds Accessories Limited is a leading manufacturer of two-wheeler helmets and motorcycle accessories headquartered in Faridabad, Haryana, India. The company designs, manufactures, markets, and sells helmets under the “Studds” and “SMK” brands, while other motorcycle accessories are marketed under the “Studds” brand.
Product Portfolio
- Helmets
- Two-wheeler luggage
- Gloves
- Helmet security guards
- Rain suits
- Riding jackets
- Eyewear
Market Presence
Studds Accessories Limited has an extensive domestic and international presence, distributing its products across India and exporting to over 70 countries spanning the Americas, Asia (excluding India), Europe, and other global markets.
In addition to its proprietary brands, the company also manufactures helmets for:
- Jay Squared LLC – marketed under the “Daytona” brand in the United States.
- O’Neal – supplied to markets in Europe, the United States, and Australia.
Manufacturing Facilities
Studds operates four state-of-the-art manufacturing facilities located in Faridabad, India:
- Manufacturing Facilities II, III, and IV – situated on company-owned land.
- Manufacturing Facility I – partly owned and partly on leasehold land.
Key Figures (as of August 31, 2025)
- 19,258 SKUs across product categories.
- Over 240 product designs, including 80 under the SMK brand and 160+ under the Studds brand.
- 7.40 million helmets sold in Fiscal Year 2025.
- 75-member R&D team driving innovation and product development.
Studds Accessories IPO Promoters
- Madhu Bhushan Khurana
- Sidhartha Bhushan Khurana
- Shilpa Arora
Promoters Holding
Holding Pre Issue
78.78%
Holding Post Issue
0.00%
Studds Accessories IPO Objective
The Company Studds Accessories IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders
Studds Accessories Limited Address / 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/
IPO Snapshot
Studds Accessories IPO Lot Size
The Studds Accessories IPO has a lot size of 25 shares. Retail investors require a minimum investment of ₹14,625 by applying for 1 lot (25 shares). The maximum application allowed for the retail category is 13 lots (325 shares), requiring an investment of ₹1,90,125.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 25 | 14,625.00 |
| Retail (Max) | 13 | 325 | 190,125.00 |
| S-HNI (Min) | 14 | 350 | 204,750.00 |
| S-HNI (Max) | 68 | 1,700 | 994,500.00 |
| B-HNI (Min) | 69 | 1,725 | 1,009,125.00 |
Issue Reservation
- QIB — 28.57%
- NII — 21.43%
- RII — 50%
Book Running Lead Managers
- IIFL Capital Services Limited
- ICICI Securities Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Studds Accessories IPO?
Studds Accessories IPO is a Book-building IPO with a total issue size of ₹455.49 crore. The Studds Accessories IPO price band is ₹557 to 585 per share. The Studds Accessories IPO subscription opens on Thu, Oct 30, 2025, and closes on Mon, Nov 3, 2025. The Studds Accessories IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Studds Accessories IPO.
When will the Studds Accessories IPO open for subscription?
The Studds Accessories IPO opens on Thu, Oct 30, 2025 and closes on Mon, Nov 3, 2025
What is Studds Accessories IPO Price Band?
Studds Accessories IPO Price Band is ₹557 to 585 per share.
What is Studds Accessories IPO Lot Size?
Studds Accessories IPO lot size is 25 shares, Retail investors need a minimum investment of ₹14625 based on the upper price band
What is the minimum investment for Studds Accessories IPO?
The minimum investment for Studds Accessories IPO is ₹14625, based on one lot of 25 shares at the upper price band of ₹585 per share.
How to apply for Studds Accessories IPO?
Investors can apply for the Studds Accessories IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Nov 3, 2025. The application amount remains blocked until the Studds Accessories IPO allotment is finalized.
What is Studds Accessories IPO Issue Size?
Studds Accessories IPO issue size is ₹455.49 crores.
What is the Studds Accessories IPO Allotment Date?
Studds Accessories IPO allotment date is Tue, Nov 4, 2025.
Who is the Studds Accessories IPO Registrar?
The registrar for Studds Accessories IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Studds Accessories IPO allotment status, refund processing, and other IPO-related information.
What is the Studds Accessories IPO GMP?
The Studds Accessories IPO GMP (Grey Market Premium) is ₹35 as of Fri, Nov 7, 2025. Based on the upper price band of ₹585 per share, the estimated Studds Accessories IPO listing price is ₹620, indicating a potential listing gain of approximately 5.98% over the issue price.
Who is the Studds Accessories IPO Lead Manager?
The book-running lead managers (BRLMs) for the Studds Accessories IPO are IIFL Capital Services Limited, and ICICI Securities Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Studds Accessories IPO Red Herring Prospectus (RHP).