Studds Accessories’ share price is listed at Rs 565 on the National Stock Exchange, a discount of 3.4% to the issue price. The stock made a debut at Rs 570 on the BSE, 2.5% lower than the issue price.
The IPO was opened for subscription on October 30 and closed on November 03. The company mopped up Rs 455.59 crore by going public. The issue was entirely an offer for sale of 0.78 crore shares. The company had set the bidding price of Rs 585 per equity share. The allotment for the Studds Accessories IPO shares was finalised on November 04.
Studds Accessories IPO: Lot size
A retail buyer had to apply for at least one lot of 25 shares, which amounted to Rs 14,625. The lot size investment for a small NII was 14 lots of 350 shares, totalling Rs 2 lakh, and for a big NII, it was 69 lots of 1,725 shares, aggregating to Rs 10 lakh.
Studds Accessories IPO: BRLM and registrar
IIFL Capital Services was the book-running lead manager for the IPO, and MUFG Intime India was the registrar of the issue.
About Studds Accessories
Studds Accessories is the largest two-wheeler helmet player in India in terms of revenue in FY24 and also the world’s largest two-wheeler helmet player by volume in Calendar Year 2024.
The company is an established manufacturer with nearly five decades of experience. As of 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 FY25.