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Studds Accessories IPO is a book build issue of ₹455.49 crores. The issue is entirely an offer for sale of 0.78 crore shares of ₹455.49 crore.
Studds Accessories IPO bidding started from Oct 30, 2025 and ended on Nov 3, 2025. The allotment for Studds Accessories IPO was finalized on Nov 4, 2025. Studds Accessories IPO will list on BSE, NSE with a tentative listing date fixed as Nov 7, 2025.
Studds Accessories IPO price band is set at ₹585.00 per share . The lot size for an application is 25. The minimum amount of investment required by an retail is ₹14,625 (25 shares) (based on upper price). The lot size investment for sNII is 14 lots (350 shares), amounting to ₹2,04,750, and for bNII, it is 69 lots (1,725 shares), amounting to ₹10,09,125.
IIFL Capital Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Studds Accessories IPO RHP for detailed Information.
| IPO Date | October 30, 2025 to November 3, 2025 |
| Listing Date | November 7, 2025 |
| Face Value | ₹5 per share |
| Issue Price Band | ₹557 to ₹585 per share |
| Issue Price Final | ₹585 per share |
| Lot Size | 25 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 77,86,120 shares (aggregating up to ₹455.49 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 3,93,53,400 shares |
| Share Holding Post Issue | 3,93,53,400 shares |
Studds Accessories IPO offers total 77,86,120 shares. Out of which 38,93,060 (50.00%) allocated to QIB, 15,57,224 (20.00%) allocated to QIB (Ex- Anchor), 11,67,918 (15.00%) allocated to NII 27,25,142 (35.00%) allocated to RII and 23,35,836 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 38,93,060 (50.00%) | NA |
| − Anchor Investor Shares Offered | 23,35,836 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 15,57,224 (20.00%) | NA |
| NII (HNI) Shares Offered | 11,67,918 (15.00%) | NA |
| − bNII > ₹10L | 7,78,612 (10.00%) | 2,224 |
| − sNII < ₹10L | 3,89,306 (5.00%) | 1,112 |
| Retail Shares Offered | 27,25,142 (35.00%) | 1,09,005 |
| Total Shares Offered | 77,86,120 (100.00%) |
Studds Accessories IPO raises ₹136.65 crore from anchor investors. Studds Accessories IPO Anchor bid date is October 29, 2025. Studds Accessories IPO Anchor Investors list
| Bid Date | October 29, 2025 |
| Shares Offered | 23,35,836 |
| Anchor Portion Size (In Cr.) | 136.65 |
| Anchor lock-in period end date for 50% shares (30 Days) | December 4, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | February 2, 2026 |
Studds Accessories IPO opens on October 30, 2025, and closes on November 3, 2025.
| IPO Open Date | Thu, Oct 30, 2025 |
| IPO Close Date | Mon, Nov 3, 2025 |
| Tentative Allotment | Tue, Nov 4, 2025 |
| Initiation of Refunds | Thu, Nov 6, 2025 |
| Credit of Shares to Demat | Thu, Nov 6, 2025 |
| Tentative Listing Date | Fri, Nov 7, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Nov 3, 2025 |
Investors can bid for a minimum of 25 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,625 |
| Retail (Max) | 13 | 325 | ₹1,90,125 |
| S-HNI (Min) | 14 | 350 | ₹2,04,750 |
| S-HNI (Max) | 68 | 1,700 | ₹9,94,500 |
| B-HNI (Min) | 69 | 1,725 | ₹10,09,125 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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
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:
Manufacturing Facilities
The company operates four manufacturing facilities in Faridabad, India:
Key Figures
Studds Accessories Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 22% between the financial year ending with March 31, 2025 and March 31, 2024.
| 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 | ||||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 16.64% |
| ROCE | 20.25% |
| Debt/Equity | -0.07 |
| RoNW | 15.49% |
| PAT Margin | 11.93% |
| EBITDA Margin | 17.96% |
| Price to Book Value | 5.12 |
| Market Capitalization | 2302.17 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 17.70 | 20.58 |
| P/E (x) | 33.06 | 28.43 |
The Company Studds Accessories IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Achieve the benefits of listing the Equity Shares on the Stock Exchanges |
[Dilip Davda] SAL is the largest two-wheeler helmets player in India having global play. It enjoys virtual monopoly with a renowned brand “Studd” and “SMK”. It marked a steady growth in its top and bottom lines for the reported periods. Based on its recent financial data, the issue appears fully priced. Growing two-wheeler market augurs well for SAL. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | November 7, 2025 |
| BSE Script Code | 544599 |
| NSE Symbol | STUDDS |
| ISIN | INE00Q601028 |
| Final Issue Price | ₹585 per share |
| NSE Listing Group | EQ (Rolling) |
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/
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 is a main-board IPO of 77,86,120 equity shares of the face value of ₹5 aggregating up to ₹455.49 Crores. The issue is priced at ₹585 per share. The minimum order quantity is 25.
The IPO opens on October 30, 2025, and closes on November 3, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Studds Accessories IPO using UPI as a payment gateway. Zerodha customers can apply in Studds Accessories IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Studds Accessories IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Studds Accessories IPO opens on October 30, 2025 and closes on November 3, 2025.
Studds Accessories IPO lot size is 25, and the minimum amount required for application is ₹14,625.
You can apply in Studds Accessories IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Studds Accessories IPO will be done on Tuesday, November 4, 2025, and the allotted shares will be credited to your demat account by Thursday, November 6, 2025. Check the Studds Accessories IPO allotment status.
The Studds Accessories IPO listing date is on Friday, November 7, 2025.
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