The much-awaited IPO of Studds Accessories, India’s leading helmet manufacturer, will open its subscription window today, October 30.
As the IPO opens today, and before you rush to apply, let’s take a look at what is driving the buzz and what you should watch out for.
Studds Accessories IPO: Size and structure
The Studds Accessories IPO is a pure offer-for-sale (OFS) worth Rs 455.49 crore.
In simple terms, this means that the company itself won’t receive funds from the issue. The proceeds will go entirely to the selling shareholders.
The company has fixed the price band at Rs 557–585 per share, and investors can bid for a minimum of 25 shares, requiring a minimum investment of Rs 14,625 at the upper band.
Studds Accessories IPO: Key dates to remember
The IPO will remain open from October 30 to November 3, with allotment expected on November 4. Shares are likely to be listed on NSE and BSE on November 7.
Studds Accessories IPO: GMP buzz
The grey market premium (GMP) for Studds Accessories is currently trading around Rs 53. This translates to an estimates listing price of Rs 638, which indicates of a potential listing gain of about 9.06%.
Also, it is also important to note that GMP is not an official indicators and can fluctuate based on market sentiment.
Studds Accessories IPO: Financial snapshot
In FY25, Studds Accessories reported a net profit of Rs 69.64 crore, up from Rs 57.23 crore in FY24.
Furthermore, the company’s revenue also surged to Rs 556.71 crore from Rs 485.56 crore a year earlier. For the June 2025 quarter, Studds posted a profit of Rs 20.25 crore.
Studds Accessories IPO: Valuation and analyst view
At the upper price band, Studds Accessories is valued at a price-to-earnings (PE) ratio of 33.1x on FY25 post-issue capital.
“At the upper price band of Rs 585, Studds Accessories is valued at FY25 PE of 33.1x on post issue capital. We recommend investors to Subscribe to the issue at the upper price band,” said SBI Securities in its IPO note.
The brokerage’s positive view is based on the company’s established brand, diversified product line, and dominant market position.
Studds Accessories IPO: Overview of the company
The company was founded in 1983. It has grown into India’s largest manufacturer of two-wheeler helmets and motorcycle accessories. The company designs, manufactures, and sells helmets under the well-known Studds and SMK brands.