Studds Accessories IPO
IPO Listing Details
- Listing Date
07 Nov 2025
- Listing Price
₹570.00
- Listing Change
-2.56%
- Last Traded Price
₹538.80
Studds Accessories IPO Details
-
Open Date
30 Oct 2025
-
Close Date
03 Nov 2025
-
Listing Date
07 Nov 2025
- IPO Price Range
₹ 557 to ₹ 585
- IPO Size
₹ 455.49 Cr
- Listing Exchange
BSE NSE
Studds Accessories IPO Timeline
Studds Accessories IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 30-Oct-25 | 0.02 | 2.14 | 2.16 | 1.55 |
| 31-Oct-25 | 0.04 | 9.62 | 2.92 | 2.18 |
| 03-Nov-25 | 159.99 | 76.99 | 22.08 | 73.25 |
Last Updated: 04 November 2025 11:43 AM by 5paisa
Studds Accessories Limited, launching a ₹455.49 Cr IPO, based in Faridabad, Haryana, is a leading manufacturer of two-wheeler helmets and motorcycle accessories under the “Studds” and “SMK” brands. With four manufacturing facilities and a diverse product range, including helmets, gloves, jackets, and eyewear, it sells across India and exports to over 70 countries. The company offers 19,258 SKUs, over 240 designs, and sold 7.40 million helmets in FY2025.
Established in: 1983
Managing Director: Madhu Bhushan Khurana
Peers:
| Metric | Studds Accessories Limited | Vega Auto Accessories Pvt Ltd | Steelbird Hi-Tech India Ltd |
| Total Income (₹ Cr) | 535.84 | 482.00 | 211.92 |
| Revenue from Operations (₹ Cr) | 529.02 | 474.03 | 209.81 |
| Revenue Growth (%) | 5.98 | 4.36 | 27.49 |
| EBITDA (₹ Cr) | 90.19 | 89.23 | 40.43 |
| EBITDA Margin (%) | 17.05 | 18.82 | 19.27 |
| PAT (₹ Cr) | 57.23 | 53.05 | 27.32 |
| PAT Margin (%) | 10.68 | 11.19 | 13.02 |
| ROE (%) | 14.77 | 16.15 | 29.11 |
Studds Accessories Objectives
1. The company aims to achieve the benefits of listing its Equity Shares on the stock exchanges.
Studds Accessories IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹455.49 Cr |
| Offer For Sale | ₹455.49 Cr |
| Fresh Issue | - |
Studds Accessories IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 25 | 13,925 |
| Retail (Max) | 13 | 325 | 1,90,125 |
| S-HNI (Min) | 14 | 350 | 1,94,950 |
| S-HNI (Max) | 68 | 1,700 | 9,94,500 |
| B-HNI (Max) | 69 | 1,725 | 9,60,825 |
Studds Accessories IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| Anchor Investors | 1 | 23,35,836 | 23,35,836 | 136.65 |
| QIB (Ex Anchor) | 159.99 | 15,57,224 | 24,91,37,550 | 14,574.55 |
| Non-Institutional Buyers | 76.99 | 11,67,918 | 8,99,12,750 | 5,259.90 |
| bNII (bids above ₹10L) | 83.08 | 7,78,612 | 6,46,89,850 | 3,784.36 |
| sNII (bids below ₹10L) | 64.79 | 3,89,306 | 2,52,22,900 | 1,475.54 |
| Retail Investors | 22.08 | 27,25,142 | 6,01,71,050 | 3,520.01 |
| Total** | 73.25 | 54,50,284 | 39,92,21,350 | 23,354.45 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 499.17 | 529.02 | 583.82 |
| EBITDA | 60.05 | 90.19 | 104.84 |
| PAT | 33.15 | 57.23 | 69.64 |
| Particulars (₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 556.71 | 485.56 | 461.07 |
| Share Capital | 9.84 | 9.84 | 19.68 |
| Total Borrowing | 30.58 | 0.61 | 2.91 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 55.92 | 71.86 | 63.26 |
| Net Cash Generated From / (used in) Investing Activities | -26.16 | -20.02 | -51.08 |
| Net Cash Generated From / (used in) Financing Activities | -23.93 | -41.15 | -8.77 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 24.87 | 35.57 | 38.98 |
Strengths
1. Strong brand reputation across domestic and global markets.
2. Wide product portfolio covering helmets and accessories.
3. Advanced manufacturing facilities ensuring quality and scale.
4. Established export network spanning over seventy countries.
Weaknesses
1. Heavy reliance on two-wheeler industry growth.
2. Limited presence in non-automotive product categories.
3. Profit margins sensitive to raw material costs.
4. Moderate dependence on select international clients.
Opportunities
1. Rising demand for certified premium motorcycle helmets.
2. Expanding awareness of road safety in India.
3. Growing online sales channels for riding gear.
4. Potential entry into untapped global regions.
Threats
1. Fierce competition from Indian and foreign manufacturers.
2. Frequent regulatory updates affecting safety compliance costs.
3. Currency fluctuations influencing export revenue stability.
4. Rapid technology changes demanding continuous innovation.
1. Market leader in India’s two-wheeler helmet segment.
2. Strong export footprint across more than seventy countries.
3. Advanced in-house manufacturing ensures consistent product quality.
4. Positioned to benefit from increasing road safety awareness.
Studds Accessories operates in India’s fast-growing two-wheeler accessories market, supported by rising safety awareness, increasing vehicle ownership, and demand for premium helmets. With a strong global presence and advanced manufacturing capabilities, the company is well-positioned to capitalise on export opportunities and domestic growth. Expanding product diversification and emphasis on innovation further enhance its long-term potential and competitive advantage.
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FAQs
Studds Accessories. IPO opens from October 30, 2025 to November 3, 2025.
The size of Studds Accessories. IPO is ₹455.49 Cr.
The price band of Studds Accessories. IPO is fixed at ₹557 to ₹585 per share.
To apply for Studds Accessories. IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Studds Accessories. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Studds Accessories. IPO is of 25 shares and the investment required is ₹13,925.
The share allotment date of Studds Accessories. IPO is November 4, 2025
The Studds Accessories. IPO will likely be listed on November 7, 2025.
IIFL Capital Services Ltd is the book running lead managers for Studds Accessories. IPO.
Studds Accessories. IPO plans to utilise the raised capital from the IPO for:
- The company aims to achieve the benefits of listing its Equity Shares on the stock exchanges.
Studds Accessories Contact Details
Studds Accessories Ltd.
Plot No. 918,
Sector 68, IMT
Faridabad, Haryana, 121004
Phone: +91 129429 6500
Email: secretarial@studds.com
Website: http://www.studds.com/
Studds Accessories IPO Register
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: studds.ipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Studds Accessories IPO Lead Manager
IIFL Capital Services Ltd.
ICICI Securities Ltd.