| Studds Accessories IPO Review | Studds Accessories IPO SWOT |
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Studds Accessories IPO Description – Studds Accessories is the largest two-wheeler helmet manufacturer in India by revenue in Fiscal 2023 and the global leader by volume in Calendar Year 2024. With nearly five decades of industry experience, the company operates four advanced manufacturing facilities in Faridabad, India, with a combined annualized capacity of 9.04 million helmets.
In Fiscal 2024, Studds sold approximately 7.10 million helmets globally. The company markets products under two brands: Studds, targeting the mass and mid-market segment, and SMK, launched in 2016, positioned in the premium category. As of 31 December 2024, Studds held a 27.3% domestic market share by volume and 25.5% by value. Studds employs 3,232 personnel as of 31 December 2024.
Studds exports to over 70 countries and partners with international brands like Jay Squared LLC (“Daytona”) and O’Neal. Its in-house design and development team of 75 professionals focuses on integrating advanced technologies, including Bluetooth helmets and rear-view cameras. The company distributes through 348 Indian distributors, OEM partnerships (e.g., Hero MotoCorp, Royal Enfield), e-commerce, and exclusive brand outlets.

Promoters of Studds Accessories – Madhu Bhushan Khurana, Sidhartha Bhushan Khurana and Shilpa Arora
Table of Contents
Studds Accessories IPO Details
| Studds IPO Dates | 30 October – 3 November 2025 |
| Studds IPO Price | INR 557 – 585 per share |
| Fresh issue | Nil |
| Offer For Sale | 77,86,120 shares (INR 433.69 – 455.49 crore) |
| Total IPO size | 77,86,120 shares (INR 433.69 – 455.49 crore) |
| Minimum bid (lot size) | 25 shares (INR 14,625) |
| Face Value | INR 5 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Studds Accessories Financial Performance
| FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 | |
| Revenue | 499.17 | 529.02 | 583.82 | 149.18 |
| Expenses | 460.04 | 459.46 | 500.86 | 124.34 |
| Net income | 33.03 | 57.31 | 69.70 | 20.29 |
| Margin (%) | 6.62 | 10.83 | 11.94 | 13.60 |
Studds Accessories IPO News
- Studds Accessories RHP
- Studds Accessories DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Studds Accessories Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue) | |
| EPS | 8.42 | 14.54 | 17.70 | 17.70 |
| PE Ratio | – | – | 31.47 – 33.05 | 31.47 – 33.05 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 9.21 | 9.81 | 14.77 | 15.49 |
| NAV | 79.00 | 85.89 | 98.44 | 114.22 |
| ROCE (%) | 11.69 | 12.81 | 18.98 | 20.25 |
| EBITDA (%) | 11.72 | 12.03 | 17.05 | 17.96 |
| Debt/Equity | 0.09 | 0.02 | (0.07) | (0.07) |
Studds Accessories IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 6 November 2025 | 66 | 1,300 |
| 5 November 2025 | 71 | 1,300 |
| 4 November 2025 | 71 | 1,300 |
| 3 November 2025 | 67 | 1,200 |
| 1 November 2025 | 67 | 1,200 |
| 31 October 2025 | 65 | 1,100 |
| 30 October 2025 | 57 | 1,000 |
| 29 October 2025 | 60 | 1,100 |
| 28 October 2025 | 60 | 1,100 |
| 27 October 2025 | 70 | – |
Studds Accessories IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 15,57,224 | 11,67,918 | 27,25,142 | 54,50,284 |
| 3 Nov 2025 | 159.99 | 76.99 | 22.09 | 73.25 |
| 31 Oct 2025 | 0.04 | 9.62 | 6.02 | 5.08 |
| 30 Oct 2025 | 0.02 | 2.14 | 2.16 | 1.54 |
23,35,836 shares allotted to anchor investors are not included in these calculations.
Studds Accessories IPO Allotment Status
Studds Accessories IPO allotment status is now available on MUFG Intime’s website. Click on MUFG Intime IPO weblink to get allotment status.
Studds IPO Dates & Listing Performance
| IPO Opening Date | 30 October 2025 |
| IPO Closing Date | 3 November 2025 |
| Finalization of Basis of Allotment | 4 November 2025 |
| Initiation of refunds | 6 November 2025 |
| Transfer of shares to demat accounts | 6 November 2025 |
| Shringar House IPO Listing Date | 7 November 2025 |
| Opening Price on NSE | INR 560.15 per share (down 4.25%) |
| Closing Price on NSE | INR 560.30 per share (down 4.22%) |
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Studds Accessories Offer Lead Manager
IIFL CAPITAL SERVICES LIMITED
24th Floor, One Lodha Place, Senapati Bapat Marg,
Lower Parel (West), Mumbai 400 013, Maharashtra
Phone: +91 22 4646 4728
Email: [email protected]
Website: www.iiflcap.com
Studds Accessories Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Studds Accessories Contact Details
STUDDS ACCESSORIES LIMITED
Plot No. 918, Sector 68, IMT,
Faridabad 121 004, Haryana, India
Phone: +91 129 429 6500
Email: [email protected]
Website: www.studds.com
Studds Accessories IPO FAQs
How many shares in the Studds Accessories IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Studds Accessories Public Offer?
The best way to apply for the Studds Accessories public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Studds Accessories IPO GMP today?
Studds Accessories IPO GMP today is INR 66 per share.
What is Studds Accessories’ kostak rate today?
Studds Accessories kostak rate today is INR NA per application.
What is Studds Accessories Subject to the Sauda rate today?
Studds Accessories Subject to Sauda rate today is INR 1,300 per application.




































