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Studds Accessories Limited IPO
Issue Size (Net)
up to Rs 455.49 Cr
Price Band
Rs 557 to Rs 585 per share
Issue Opens
October 30, 2025
Issue Closes
November 3, 2025

Company Highlights

1. Company Information

Studds Accessories Limited are the largest two-wheeler helmets player in India in terms of revenue in Fiscal 2024 and also the world’s largest two-wheeler helmet player by volume in Calendar Year 2024. (Source: CARE Report). They are an established manufacturer with nearly five decades of experience (Source: CARE Report). As on March 31, 2025, their Manufacturing Facilities I, II and III have a combined annualised capacity of producing 9.04 million units. They sold around 7.40 million helmets in Fiscal 2025. Their ‘SMK’ brand was launched in 2016 and is being successfully sold in India and exported to overseas market (Source: CARE Report). Both of their brands, namely, Studds and SMK, have been marketed and sold in more than 70 countries as of August 31, 2025.They design, manufacture, market and sell two-wheeler helmets under the ‘Studds’ and ‘SMK’ brands and other accessories (such as two-wheeler luggage, gloves, helmet locking device, rain suits, riding jacket and eye wear) under their ‘Studds’ brand. Their products are sold pan-India and in more than 70 countries internationally, with their key export markets situated across Americas, Asia (excluding India), Europe and rest of the world. They also manufacture helmets for Jay Squared LLC, which are sold under the “Daytona” brand in the United States of America, as well as for O’Neal under their branding, supplying to markets in Europe, United States of America and Australia.

2. Competitive Strengths

1) Largest domestic player of two-wheeler helmets
2) Wide design and product catalogue across price points catering to diverse consumer requirements
3) Advanced manufacturing and D&D capabilities with vertically integrated operations
4) Strong pan-India and global presence supported by an extensive and well-developed sales and distribution network and major quality accreditations
5) Capital efficient and sustainable business model
6) Experienced Promoters and Management team

3. Studds Accessories Limited IPO Registrar
Studds Accessories IPO Registrar

Phone:+91-22-4918 6270
Email: midwest.ipo@kfintech.com
Website: https://linkintime.co.in

Studds Accessories Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
EBITDA
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-25
556.71
595.89
69.64
104.84
449.48
429.8
2.91
31-Mar-24
485.56
535.84
57.23
90.19
387.41
377.57
0.61
31-Mar-23
461.07
506.48
33.15
60.05
338.02
328.18
30.58
Amount in Rs. Crore

Studds Accessories Limited IPO Details

Issue Opening Date October 30, 2025
Issue Closing Date November 3, 2025
Face Value Rs 5 per share
Price Rs 557 to Rs 585 per share
Lot Size 25 Shares
Sale Type Offer For Sale
Total Issue Size 77,86,120 shares (aggregating up to Rs 455.49 Cr)
Issue Type Bookbuilding IPO
Listing At BSE, NSE

Studds Accessories Limited IPO Timeline (Tentative Schedule)

Event Tentative Date
Opening Date Thu, Oct 30, 2025
Closing Date Mon, Nov 3, 2025
Tentative Allotment Tue, Nov 4, 2025
Initiation of Refunds Thu, Nov 6, 2025
Credit of Shares to Demat Thu, Nov 6, 2025
Listing Date Fri, Nov 7, 2025
Cut-off time for UPI mandate confirmation 5 PM on Mon, Nov 3, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

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