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Studds Accessories IPO Review

Studds Accessories IPO has been reviewed by 5 analysts, and the overall consensus is Apply — carrying a score of 79. Out of the 5 analysts who have covered this IPO, 3 recommend subscribing while 2 advise caution or avoidance — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹585 per share, with a minimum application size of 25 shares (minimum investment of approximately ₹14,625 at the upper band). Subscription ran from 30 Oct 2025 to 03 Nov 2025. The issue size is ₹455 crore, entirely an offer for sale — the company receives none of the proceeds. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
79/ 100
Apply 3 of 5 recommend subscribing
How analysts voted
Apply 3
May apply 1
Neutral 1

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Studds Accessories has fifty years of experience and is India's largest two-wheeler helmet maker by revenue and the world's largest by volume, selling 7.40 million helmets in FY2025 through the Studds and SMK brands, exporting to more than 70 countries. Coverage was thin, with one subscribe and one cautious rating.

Listing gains

With only two notes available, there is limited basis for a listing view. FY25 revenue was ₹595.89 crore with an operating margin near 18 percent, and the issue was priced at ₹585 per share. The single subscribe rating against one cautious view suggests a measured rather than strong expectation.

Short-term strategy

The June 2025 quarter produced ₹152.01 crore of revenue and ₹30.26 crore of EBITDA, tracking ahead of the FY25 run rate. Three plants give 9.04 million units of capacity against 7.40 million helmets sold, so there is headroom to grow volumes without immediate fresh investment.

Long-term strategy

The long-term case is the market position itself: fifty years in the business, leadership by volume globally, and exports to more than 70 countries. Helmet demand follows two-wheeler sales and safety regulation, so long-term growth tracks those two drivers rather than any pricing power.

How this is written: an AI-assisted summary of the 5 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

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Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

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How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Studds Accessories IPO?

The analyst consensus for Studds Accessories IPO tracked on this page is Apply, with a score of 79/100. Out of 5 analysts who have reviewed this IPO, 3 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 79 mean for Studds Accessories IPO?

The score of 79 is an aggregate of all analyst ratings tracked for Studds Accessories IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Read the individual analyst verdicts above for more context.

What was the actual listing price of Studds Accessories IPO?

Studds Accessories IPO listed on November 7, 2025 at ₹565, against the issue price of ₹585 — a loss of -3.42% (₹20 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Studds Accessories IPO?

Studds Accessories IPO was priced at ₹585 per share. The minimum lot size is 25 shares, making the minimum investment approximately ₹14,625 at the upper end of the price band. Subscription ran from 30 Oct 2025 to 03 Nov 2025.

Explore Studds Accessories IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Studds Accessories IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
Apply
Score
79 / 100
Listed at
₹565
Full IPO details
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