Studds Accessories Ltd. | Globe Capital Market LTD.
Studds Accessories Ltd.
Closed
Price Band
₹557 to ₹585 per share
IPO Issue Period
October 30, 2025 to November 3, 2025
Issue Size
₹455.49 Cr
Face value
₹5 per share
Fresh issue
NIL
Offer for sale
₹455.49 Cr
Minimum Shares for Retail
25 Shares
Listing on
BSE, NSE
Issue Type
Book Built Issue IPO
Registrar to the Issue
MUFG Intime India Pvt. Ltd.
Tentative Listing Date
Fri, Nov 7, 2025
QIB
50%
NII
15%
Retail
35%

IIFL Capital Services Ltd.
ICICI Securities Ltd.

Studds Accessories Limited is the largest two-wheeler helmet player in India by revenue and the world’s largest by volume. With nearly five decades of experience, the company designs and manufactures helmets under its flagship brand, Studds, and the premium, aspirational brand, SMK. The company benefits from strong brand recognition and a dominant domestic market share of 27.3% by volume in Fiscal 2024. Its strategic focus on safety, quality, and rigorous international certification underpins customer trust.

With a combined annualized capacity of 9.04 million units across its four integrated Faridabad facilities, the company is well-positioned to capitalize on the estimated 5.1% CAGR growth in the global helmet market, driven by safety regulations and rising incomes. Studds has a significant international footprint, exporting to over 70 countries and serving key global OEMs. Its in-house design team of 75 focuses on innovation. This combination of dominant market leadership, dual-brand strategy, robust manufacturing, and global reach makes Studds a key player in the two-wheeler safety and accessory space.

For the year/period ended (Rs. in Cr.)

FY25 FY24 FY23
Total Revenue 595.89 535.84 506.48
Profit After Tax 69.64 57.23 33.15
EPS 17.70 14.54 8.42
EBITDA Margin (%) 17.96 17.05 12.03
PAT Margin (%) 11.93 10.82 6.64

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY25
Net Profits(Cr.)
FY25
Studds Accessories Ltd 2302.17* 585 5.12 28.43 595.89 69.64

(There are no listed peers of the company in India.)

*Market cap @upper band

 

  • Market Leadership & Scale: World’s largest helmet player by volume; dominant in India, with nearly five decades of experience.
  • Dual-Brand Strategy: Diversified portfolio under Studds (mass) and SMK (premium) covers all price points and segments.
  • Integrated Manufacturing: Vertically integrated operations and advanced R&D ensure quality control and fast product development cycles.
  • Efficient Business Model: Capital-efficient model leverages brand recall and strong distribution for sustained, profitable growth.

The Company STUDDS ACCESSORIES LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • Achieve the benefits of listing the Equity Shares on the Stock Exchanges

At the upper band of IPO ₹ 585, the stock is valued at 28.43 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.

Be a Part of IPO Success Stories!

Never Miss IPO Investment