Summary of this article
Studds Accessories IPO is garnering decent demand on October 30.
Studds Accessories IPO subscription window will close on November 3
Studds Accesories IPO GMP is ranging between Rs 53-54 per share
Studds Accessories IPO: Two-wheeler helmet manufacturer Studds Accessories’ public issue opened for subscription on October 30, 2025. The initial public offering (IPO) of Studds Accessories is scheduled to close on November 3.
On the first day of subscription, the issue is garnering decent interest. Shares of the helmet manufacturer also witnessed an uptick in the grey market premium (GMP). Here are some key details of the public issue which applicants should know before applying for Studds Accessories IPO.
Studds Accessories IPO GMP
Studds Accessories’ unlisted shares are commanding a GMP of Rs 53-54 per share according to multiple websites which track the demand for shares of unlisted companies. Based on the GMP of Rs 54, the shares of Studds Accessories are likely to make a tepid market debut at Rs 639 apiece with gains of 9.23 per cent.
Studds Accessories IPO Subscription
Studds Accessories IPO has been subscribed 51 per cent so far on the first day of subscription receiving applications for more than 2.79 million shares against the 5.45 million shares set aside for the category.
On the first day of subscription, retail individual investors are driving the demand for the helmet manufacturer’s shares. Retail investors have booked their quota in the IPO as much as 83 per cent so far on the first day of subscription by placing bids for 2.25 million shares against the 2.72 million shares offered for subscription. Non-institutional investors (NIIs) applied for 540,400 shares compared to the 1.16 million shares set aside for the category. At the time of writing, qualified institutional buyers (QIBs) have made 1,400 bids compared to the 1.55 million shares set aside for the category.
Studds Accessories IPO Offer Size, Listing Date, Price Band
Studds Accessories IPO issue size aggregates to Rs 455.49 crore and consists of an offer-for-sale (OFS) of 7.80 million shares. The price band for Studds Accessories IPO has been fixed at Rs 557-585 per share. Retail individual investors (RIIs) can apply for the helmet and motorcycle accessories manufacturer’s public issue by placing bids for 25 shares or 1 lot aggregating to an investment of Rs 14,625.
Studds Accessories IPO will announce the share allotment status of the public issue on November 4. Successful applicants will receive the shares in their demat accounts on November 6 and the shares of Studds Accessories will tentatively list on the BSE and NSE. Studds Accessories will tentatively be listed on November 7.
Studds Accessories: Key Financials
The helmet manufacturer’s total income for the quarter ended June 30, 2025 stood at Rs 152.01 crore, the profit-after-tax (PAT) of the company stood at Rs 20.25 crore and the net worth of the company stood at Rs 469.77 crore.
In the fiscal ended March 31, 2025 Studds Accessories’ total income stood at Rs 595.89 crore, up by over 11 per cent compared to Rs 535.84 crore in the preceding fiscal. Studds Accessories reported a net profit of Rs 69.64 crore in FY25, in the preceding fiscal the company posted a net profit of Rs 57.23 indicating an increase of over 21 per cent. In FY25, the helmet manufacturer’s net worth grew to Rs 449.48 crore, indicating an increase of over 16 per cent from a net worth of Rs 387.41 crore in FY24.
Studds Accessories IPO: Reservation
Studds Accessories has set aside 50 per cent of the issue size for the QIB category, 15 per cent for the NII category and 35 per cent of the net issue for retail investors.
Studds IPO: Anchor Investors
Studds Accessories raised nearly Rs 137 crore from anchor investors on October 29. Some of the major participants in the anchor investor round included HDFC Mutual Fund (MF), Nippon India MF, ICICI Prudential MF, Edelweiss MF, ITI MF and Kedaraa Capital Public Markets Fund. The anchor investors were allotted 2.33 million shares at Rs 585 per share, aggregating to about Rs 136.64 crore.
Studds Accessories IPO: Registrar
The book running lead manager for Studds Accessories IPO is IIFL Capital Services, and the registrar for the issue is MUFG Intime India.
Studds Accessories: Promoters
The promoters include Madhu Bhushan Khurana, Sidhartha Bhushan Khurana and Shilpa Arora. Theý will reduce their stake in the company from 78.78 per cent prior to the issue to 61.76 per cent post the issue.
Studds Accessories IPO: Objective
Studds Accessories will not receive the proceeds of the public issue. However the company mentioned in its red herring prospectus (RHP) that it expects the listing of its equity shares will enhance its visibility and brand and provide liquidity to existing shareholders.
About Studds Accessories
Studds Accessories manufactures and retails two-wheeler helmets and motorcycle accessories. The company is based in Faridabad, Haryana. The company sells its products under the “Studds” and “SMK” brands. The products sold by the company include helmets, two-wheeler luggage, gloves, rain suits, riding jackets and eyewear.
