Studds Accessories came to market through an IPO that opened on 30 October 2025 and closed on 3 November 2025, and the shares listed on 7 November 2025 on BSE, NSE. The price band was ₹557 to ₹585 per share and one lot was 25 shares, so the minimum application was ₹14,625. The issue size was ₹455.49 crore. The whole issue was an offer for sale, so the proceeds went to the selling shareholders rather than the company.
MUFG Intime India Pvt.Ltd was the registrar to the issue, and IIFL Capital Services Ltd, ICICI Securities Ltd were the lead managers.
As of 3 November 2025.
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Registered in 1975 and incorporated in 1983, Studds Accessories Limited is a two-wheeler helmet manufacturer and motorcycle accessory company headquartered in Faridabad, Haryana, India. The company produces, manufactures, markets, and sells helmets with the brands 'Studds' and 'SMK' and all other accessories under the brand 'Studds'. Product Portfolio:Helmets, Two-wheeler luggage, Gloves, Helmet security guards, Rain suits, Riding jackets and Eyewear. Market Presence:
Studds Accessories Limited markets its products in India and exports to more than 70 countries, including markets in the America region, Asia (apart from India), Europe, and other regions. The company also produces helmets for: Jay Squared LLC – Markets under the 'Daytona' brand in the United States. O'Neal – Distributed to European, United States, and Australian markets.
It has 19,258 SKUs in product categories as of August 31, 2025.As of 31st August, 2025, it has more than 240 various designs in our product range, comprising 80 SMK designs and over 160 Studds designs.7.40 million helmets sold during Fiscal 2025.Its R& D department has 75 members
As described in the offer document.
| Metric | 30-Jun-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
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Studds Accessories mobilizes Rs 136.6 crore from 9 anchor investors prior to IPO. HDFC Mutual Fund, Nippon Life India, and ICICI Prudential Mutual Fund were the biggest anchor book investors, each of them buying 5.12 lakh shares for Rs 30 crore. Edelweiss Trusteeship, ITI Mutual Fund, Kedaara Capital, Carnelian India, Pinebridge Global Funds, and Edelweiss Life Insurance Company were some other investors who participated in the anchor book.
Madhu Bhushan Khurana, Sidhartha Bhushan Khurana, Shilpa Arora. Promoter holding 78.78% before the issue and 61.76% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Studds Accessories IPO was a ₹455.49 crore book-built issue, made up entirely of an offer for sale. It was priced at ₹557–₹585 per share with a lot size of 25 shares (₹14,625). The IPO was open from October 30 to November 3, 2025 and was subscribed 73.25x. Shares listed on BSE and NSE on November 7, 2025 at ₹565, a 3.4% discount to the issue price of ₹585. MUFG Intime India Pvt. Ltd. is the registrar.
IIFL Capital Services Ltd and ICICI Securities Ltd are the book running lead managers.
The price band of Studds Accessories IPO is ₹557 to ₹585 per share.
The lot size of Studds Accessories IPO is 25 shares.
The minimum investment for Studds Accessories IPO is approximately ₹14,625 based on the upper price band.
The allotment date of Studds Accessories IPO is Nov 4, 2025.
Studds Accessories IPO's final recorded GMP before listing was ₹44 per share (a 8% premium over the ₹585 upper price band). The shares listed at ₹565. GMP is unofficial and does not forecast or guarantee the actual listing price.
Studds Accessories IPO listed on Nov 7, 2025. It was issued at ₹565.0(NSE) and is currently around ₹390.90 as on 2-Nov-2026 3:30 PM, which is approximately -33.2% versus issue price. The 52-week high is ₹600.00.
You can check Studds Accessories IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Studds Accessories IPO allotment status on Rupix for quick and easy access.
₹557 to ₹585 per share, against a face value of ₹5. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 25 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,625.
₹14,625, for one lot of 25 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 30 October 2025 and closed on 3 November 2025.
The basis of allotment was published on 4 November 2025 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 7 November 2025 on BSE, NSE.
The issue size was ₹455.49 crore. The offer for sale was 77,86,120 shares (aggregating up to ₹455.49 crore).