IPO Guru
Closed Mainboard

Studds Accessories IPO

Studds Accessories IPO — date, price band, lot size & details 2025

Studds Accessories listed on 7 Nov 2025 at ₹565, 3.4% below the ₹585 issue price.

Studds Accessories Ltd is coming with its IPO in the Indian market. The company is one of the leading manufacturers of two-wheeler helmets and bike accessories in India. It sells products under the popular Studds and SMK brands and exports to many countries. The IPO will help the company raise funds for business growth, expansion, and general corporate purposes. Investors are watching this issue closely.

Stock price

Studds Accessories is listed — here is the live share price.

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

Timetable

Key dates from opening to listing. Today is 13 October.

Key dates Listed
  1. Open 30 Oct 2025
  2. Close 03 Nov 2025
  3. Allotment 04 Nov 2025
  4. Refund/credit 06 Nov 2025
  5. Listing 07 Nov 2025

Issue summary

The terms of the offer, as filed.

IPO Dates 30 Oct to 3 Nov, 2025
Price Band ₹585
Face Value ₹5
Lot Size 25 Shares
Issue Size ₹455.49 Cr
Sale Type OFS only
Listing On BSE, NSE
Registrar MUFG Intime India Private Limited
Min Investment ₹ 14,625
Reservation
QIB 50%
NII 15%
Retail 35%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 25 shares at the ₹585 cut-off. Drag to size your application.

shares
1 lot lots
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

Three years of numbers

All figures in ₹ crore, as reported in the Studds Accessories offer document.

Total income
152.01
536
596
152
30 Jun 202431 Mar 2025 30 Jun 2025
Profit after tax
20.25
57
70
20
30 Jun 202431 Mar 2025 30 Jun 2025
EBITDA
30.26
90
105
30
30 Jun 202431 Mar 2025 30 Jun 2025
Metric 30 Jun 2025 31 Mar 2025 30 Jun 2024
Revenue 152.01 595.89 535.84
OPM % 17.96
EBITDA 30.26 104.84 90.19
Net Profit 20.25 69.64 57.23
Debt 2.91 2.91 0.61
Assets 586.61 556.71 485.56

See how this IPO compares — view listing performance of all mainboard IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Studds Accessories RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
28.43
EPS (₹)
20.58
RoCE
20.25
RoNW
15.49
PAT Margin
11.93

Studds Accessories IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹20.58
P/E Ratio (x) 28.43
Market Cap at Offer Price (₹ Cr) ₹575.62

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹585 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

How the company intends to use the proceeds of the issue.

Not stated

About the company

Studds Accessories Limited is one of India’s leading manufacturers of two-wheeler helmets and riding accessories. The company was established in the 1970s and has built a strong presence in both domestic and international markets over the decades. Promoted by the Suri family, particularly S.M. Suri, the company has focused on safety, quality, and innovation to grow its brand. Studds operates multiple manufacturing facilities in India and exports its products to over 70 countries, making it a globally recognized name in helmet manufacturing.

The company offers a wide range of products including full-face helmets, open-face helmets, flip-up helmets, as well as two-wheeler accessories like gloves, rain suits, and luggage solutions. Its business model is primarily B2B and B2C, supplying products through a strong distribution network of dealers, retailers, and online platforms. Studds focuses on affordable pricing combined with certified safety standards, which helps it cater to a wide customer base. Continuous product innovation and brand building have enabled the company to maintain a competitive edge in the growing two-wheeler safety segment.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
Madhu Bhushan Khurana, Shilpa Arora, Sidhartha Bhushan Khurana
Promoter holding
3,93,53,400 → 3,93,53,400
Pre-issue → post-issue
Registered office
Plot No. 918, Sector 68, IMT Faridabad, Haryana, 121004
+91 129429 6500

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
ICICI Securities View track record →
Book-running lead manager
IIFL Capital Services Limited View track record →
Red Herring Prospectus
SEBI filing
Final offer document — price band, financials and risk factors. This page is built from it.
Open the RHP

Studds Accessories IPO Documents

Read the filings this page is built from.

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

ICICI Securities

24 issues handled
Listed in Profit 72.7% 16 of 22 listed
Avg Listing Gain +13% across 22 issues
Listed Below Issue 6 of 22 listed

Best listing: Tempsens Instruments (India) (+111.3%). Weakest: Turtlemint Fintech Solutions (-10.4%).

IIFL Capital Services Limited

32 issues handled
Listed in Profit 72.4% 21 of 29 listed
Avg Listing Gain +14.4% across 29 issues
Listed Below Issue 8 of 29 listed

Best listing: Orient Cables (India) (+65.4%). Weakest: Acevector (-11.5%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Studds Accessories
Email

Frequently asked

What is the GMP of Studds Accessories?

The current Grey Market Premium is ₹0.

What is the Studds Accessories IPO price band?

₹585, on a face value of ₹5.

When is the allotment?

The basis of allotment is 4 November 2025, with listing on 7 November 2025.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.

Studds Accessories IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

Join the WhatsApp channel All mainboard IPOs

Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹0
Subscribed
73.25×
Min bid
₹14,625
Size my application