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Studds Accessories IPO
Price Band
₹557.0–585.0
Issue Size
₹455.49 Cr
Lot Size
25 shares
Min Investment
₹14,625
GMP
+₹35.0 (5.98%)
Issue Price
₹585.0
Subject to Sauda
₹700
Paid only if allotted
Studds Accessories IPO AI Summary
- Studds Accessories IPO is listed on BSE, NSE in the Auto Components & Equipments sector.
- Price band: ₹557.0–₹585.0 per share, lot size 25 shares (min. investment ₹14,625).
- Subscription window: 30 Oct–03 Nov 2025, listing on 07 Nov 2025.
- Current GMP is +₹35.0 (5.98%), an estimated listing price of ₹620 — unofficial and can change daily.
Studds Accessories Limited is set to launch its IPO with a price band of ₹557 to ₹585. The company has shown growth in total income and profit over the past few years, although the latest figures are not directly comparable due to the shorter reporting period. The IPO aims to raise ₹455.49 Cr for corporate purposes and has a positive GMP indicating potential listing gains.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Studds Accessories IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 03 Nov 2025 — not a current signal.
Reviewers are split — see individual calls below.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Studds Accessories IPO Grey Market Premium (GMP) Today
GMP
+₹35.0
GMP %
+5.98%
Est. Listing
₹620.0
Updated: 25 Jul 2026 14:15
About the Company
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 Portfolio Helmets, Two-wheeler luggage, Gloves, Helmet security guards, Rain suits, Riding jackets and Eyewear. Market Presence Studds 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 Facilities The 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 Figures As 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
Company Financials (₹ Cr)
As of 2025-06-30
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 586.61 | 556.71 | 485.56 | 461.07 |
| Total Income | 152.01 | 595.89 | 535.84 | 506.48 |
| Profit After Tax | 20.25 | 69.64 | 57.23 | 33.15 |
| EBITDA | 30.26 | 104.84 | 90.19 | 60.05 |
| NET Worth | 469.77 | 449.48 | 387.41 | 338.02 |
| Reserves and Surplus | 450.09 | 429.80 | 377.57 | 328.18 |
| Total Borrowing | 2.91 | 2.91 | 0.61 | 30.58 |
Key Ratios
EPS
₹17.70
NAV
₹114.22
ROE
16.64%
ROCE
20.25%
RoNW
15.49%
P/B Value
5.12
P/E Ratio
33.06
Market Cap
₹2302.17 Cr
PAT Margin
11.93%
Debt/Equity
-0.07
Promoters
Madhu Bhushan Khurana, Sidhartha Bhushan Khurana and Shilpa Arora
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹506.48 Cr in the year ending 31 Mar 2023, rising to ₹535.84 Cr by 31 Mar 2024, and further increasing to ₹595.89 Cr by 31 Mar 2025. However, for the period ending 30 Jun 2025, total income decreased to ₹152.01 Cr, though this is a 3-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹33.15 Cr in the year ending 31 Mar 2023, increasing to ₹57.23 Cr by 31 Mar 2024, and further rising to ₹69.64 Cr by 31 Mar 2025. For the period ending 30 Jun 2025, profit after tax was ₹20.25 Cr, though this is a 3-month figure, not a full year, so isn't directly comparable.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an indicator of the expected listing price of an IPO. It reflects the demand and supply for the shares in the grey market, which operates outside the regulated stock exchanges. A positive GMP suggests that the shares may list at a premium to the issue price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment strategy and risk appetite. It is important to consider the company's fundamentals and market position before making a decision.
Who May Want to Wait
Investors who are risk-averse or those who prefer stable returns may want to avoid IPOs like this, as they can be subject to significant price fluctuations in the short term.
IPO Timeline, Explained
The IPO opens for subscription on 30 Oct 2025 and closes on 03 Nov 2025. The allotment of shares will be done on 04 Nov 2025, with the listing expected on 07 Nov 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange at a price higher than the issue price. However, these gains are not guaranteed, and the stock price can be volatile on the listing day due to market sentiment and demand.
This evaluation is generated from Studds Accessories's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Studds Accessories IPO GMP today?
Studds Accessories IPO GMP today is +₹35.0 (5.98%), indicating an estimated listing price of ₹620. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Studds Accessories IPO?
The price band of Studds Accessories IPO is ₹557.0–₹585.0 per share.
When does Studds Accessories IPO open and close?
Studds Accessories IPO opens on 30 October 2025 and closes on 03 November 2025.
When does Studds Accessories IPO list on the stock exchange?
Studds Accessories IPO listed on 07 November 2025 at ₹620.0.
What is the lot size for Studds Accessories IPO?
The lot size for Studds Accessories IPO is 25 shares, requiring a minimum investment of ₹14,625.
What is the lot size for this IPO?
The lot size for the Studds Accessories IPO is 25 shares.
What is the minimum investment required?
The minimum investment required for this IPO is ₹14,625.
What is the price band for the IPO?
The price band for the Studds Accessories IPO is ₹557 to ₹585.
When is the listing date for the IPO?
The listing date for the Studds Accessories IPO is 07 Nov 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the shares based on demand in the grey market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
30 Oct 2025
Close
03 Nov 2025
Allotment
04 Nov 2025
Listing
07 Nov 2025
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