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Studds Accessories Ltd.

IPO Details · GMP · Subscription · Financials
✅ Listed NSE & BSE Mainboard
Issue Price
₹585
Per Share
GMP
+₹68
+11.62% Grey Market
Est. Listing
₹653
Expected Price
Min. Application
₹29,250
2 lots × 25 shares
IPO Issue Details
Issue Price / Price Band₹585 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size25 Shares per Lot
Total Issue Size77,86,120 shares (aggregating up to ₹455.49 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 30 Oct 2025
Subscription CloseMon, 03 Nov 2025
Anchor AllotmentWed, 29 Oct 2025
Basis of AllotmentTue, 04 Nov 2025
Initiation of RefundsThu, 06 Nov 2025
Credit of Shares to DematThu, 06 Nov 2025
Listing DateFri, 07 Nov 2025
UPI Mandate Deadline2025-11-03
Application & Investment Details
Retail — Min (1 Lots)₹14,625 — 25 shares
Retail — Max (13 Lots)₹190,125 (13 Lots)
HNI — Min (69 Lots)₹10,09,125 — 1,725 shares
QIB Quota50.00% of Issue
NII / HNI Quota15.00% of Issue
Retail Quota35.00% of Issue
EPS (Pre-IPO)₹17.70
EPS (Post-IPO)₹20.58
P/E Ratio (Pre-IPO)33.06x
P/E Ratio (Post-IPO)28.43x
Pre-IPO Promoter Holding3,93,53,400 shares
Post-IPO Promoter Holding3,93,53,400 shares
About Studds Accessories Ltd.

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 PortfolioHelmets, Two-wheeler luggage, Gloves, Helmet security guards, Rain suits, Riding jackets and Eyewear.Market PresenceStudds 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:Jay Squared LLC – Sold under the “Daytona” brand in the United States.O’Neal – Supplied to markets in Europe, the United States, and Australia.Manufacturing FacilitiesThe company operates four manufacturing facilities in Faridabad, India:Manufacturing Facility II, III, and IV – Situated on company-owned land.Manufacturing Facility I – Partially owned, partially leasehold.Key FiguresAs of August 31, 2025, it has 19,258 SKUs across product categories.As of August 31, 2025, it offers over 240 different designs across our product categories, including 80 designs under the SMK brand and more than 160 designs under the Studds brand.7.40 million helmets sold in Fiscal 2025.Its R& D team has 75 members

Shareholding & Lock-in
Pre-IPO Promoter Holding 3,93,53,400 shares
Post-IPO Promoter Holding 3,93,53,400 shares
Lock-in Period (30%)December 4, 2025
Lock-in Period (50%)February 2, 2026
Check Allotment Check Status →
Studds Accessories Ltd. — Live Price LIVE
₹585.00
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Issue Price
₹585.00
Issue Price
₹585.00
Face Value
₹5
Lot Size
25 sh
Listed On
07 Nov 2025
Exchange
NSE & BSE
GMP
+₹68
Symbol: NSE:STUDDS
Quick Facts
GMP Signal 🟢 Positive
StatusListed
Issue Price₹585
GMP+₹68
Est. Listing₹653
Lot Size25 shares
Min Amount₹29,250
Listing Date07 Nov 2025
QIB Shares3,893,060
NII Shares1,167,918
Retail Shares2,725,142
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹585
Listing Date07 Nov 2025
Listing Price₹—
Listing Gain/Loss—%
52-Week High₹—
52-Week Low₹—
GMP Trend — Studds Accessories Ltd. Post-listing trend
Issue Price ₹585.00
GMP +₹68
Est. Listing ₹653.00
Status: Listed
Studds Accessories Ltd. IPO Subscription Status
Total shares offered: 77,86,120 (100.00%). Issue price: ₹585. Subscription data will be updated once the IPO opens for bidding.
IPO Subscription Status Category-wise (as reported by BSE/NSE)
Category Shares Offered* Total Amt* (₹ Cr.)
QIB (Ex Anchor)
3,893,060 ₹227.740
NII
1,167,918 ₹68.320
Retail
2,725,142 ₹159.420
Total ** 7,786,120 ₹455.490
*: "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Important Dates
Subscription OpensThu, 30 Oct 2025
Subscription ClosesMon, 03 Nov 2025
Anchor AllotmentWed, 29 Oct 2025
Basis of AllotmentTue, 04 Nov 2025
Initiation of RefundThu, 06 Nov 2025
Demat CreditThu, 06 Nov 2025
Listing DateFri, 07 Nov 2025
UPI Mandate Deadline2025-11-03
Check AllotmentClick here →
Lot Size & Investment Table
ApplicationLotsSharesAmount
Retail (Min — 2 Lots) 2 50 ₹29,250
Retail (Max — 13 Lots) 13 325 ₹190,125
S-HNI (Min — 14 Lots) 14 350 ₹204,750
S-HNI (Max — 66 Lots) 66 1,650 ₹965,250
B-HNI (Min — 67 Lots) 67 1,675 ₹979,875
* Issue Price ₹585 × Lot Size 25 shares
Basis of Allotment — Studds Accessories Ltd. IPO
Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares) 1,167,918 2,725,142 3,893,060
Allotment price (Rs.) 585 585 585 585 585 585 585 585
No. of applications
No. of shares applied
Amount collected (Rs.cr.) 227.74 227.74 68.32 159.42 455.48
No. of times subscribed
No. of shares allotted 1,167,918 2,725,142 3,893,060
Amount (Rs.cr.) 227.74 227.74 68.32 159.42 227.74
No. of allottees
* Based on upper price band ₹585
** Anchor investor allotment is excluded from total shares offered to public.
IPO Shares Offered (Issue Structure)
Category Shares Offered Amt (₹ Cr) Size (%)
QIB (Ex Anchor) 3,893,060 ₹227.74
50.00%
NII / HNI 1,167,918 ₹68.32
15.00%
Retail (RII) 2,725,142 ₹159.42
35.00%
Total 7,786,120 ₹455.49
100.00%
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars 30 Jun 2025 31 Mar 2025 31 Mar 2024
Revenue from Operations 152.01 595.89 535.84
EBITDA 30.26 104.84 90.19
Profit After Tax (PAT) 20.25 69.64 57.23
Net Worth 469.77 449.48 387.41
Total Assets 586.61 556.71 485.56
Reserves & Surplus 450.09 429.80 377.57
Total Borrowings 2.91 2.91 0.61
EBITDA Margin (%) 17.96%
PAT Margin (%) 11.93%
Key Ratios & Valuation
Issue Price₹585
Face Value₹5 Per Share
Price / Book Value (P/BV)5.12
Return on Equity (RoE)16.64%
Return on Capital Employed (RoCE)20.25%
Return on Net Worth (RoNW)15.49%
PAT Margin (%)11.93%
EBITDA Margin (%)17.96%
Debt / Equity Ratio-0.07
Issue Structure & Shareholding
Total Shares Offered77,86,120 (100.00%)
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding3,93,53,400 shares
Post-Issue Promoter Holding3,93,53,400 shares
Script CodeNot Available
Objects of the Issue

Studds Accessories Ltd. proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:

1
Object 1
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeOffer For Sale
Total Shares Offered77,86,120 (100.00%)
Net Offer to PublicNot Available
Reserved for Market MakerNot Available
Pre-Issue Promoter Holding3,93,53,400 shares
Post-Issue Promoter Holding3,93,53,400 shares
Company Details
Company Name
Studds Accessories Ltd.
Listing Exchange
NSE & BSE
IPO Type
allottees IPO
Issue Type
Bookbuilding IPO
Face Value
₹5 Per Share
Script Code
Not Available
Registered Address
Plot No. 918, Sector 68, IMT Faridabad, Haryana, 121004
IPO Registrar (Share Transfer Agent)
Book Running Lead Managers (BRLM)
IIFL Capital Services Ltd.
Book Running Lead Manager (BRLM)
ICICI Securities Ltd
Book Running Lead Manager (BRLM)
IPO Allotment
Check Allotment Status Check Now
Quick Actions
Check Allotment Status
IPO Timeline
Anchor Allotment
29 Oct 2025, Wed
✓ Done
IPO Opens
30 Oct 2025, Thu
✓ Done
IPO Closes
03 Nov 2025, Mon
✓ Done
Basis of Allotment
04 Nov 2025, Tue
✓ Done
Initiation of Refunds
06 Nov 2025, Thu
✓ Done
Credit of Shares
06 Nov 2025, Thu
✓ Done
Listing Day
07 Nov 2025, Fri
✓ Done
Quick Summary
Issue Price₹585
Face Value₹10
Lot Size25 Shares
Min. Investment₹29,250
Open Date30 Oct 2025
Close Date03 Nov 2025
Allotment04 Nov 2025
Listing Date07 Nov 2025
ExchangeNSE & BSE
GMP+₹68
Est. Listing₹653
IPO Subscription FAQs
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