Studds Accessories ₹455 Crore IPO: Everything You Need to Know
The long-anticipated Studds Accessories ₹455 crore IPO is finally hitting the market, marking a significant milestone for India’s largest helmet manufacturer. Scheduled to open on October 30, 2025, this initial public offering is expected to draw strong investor attention, given Studds’ legacy in the two-wheeler accessories sector and its expanding international footprint.
Founded in 1975, Studds Accessories Ltd has built a strong reputation for safety, quality, and innovation. The IPO launch comes as part of the company’s strategic expansion and shareholder monetization plan — a move that could reshape the motorcycle gear and accessories market in India and abroad.
But what exactly makes this IPO stand out from the crowd? Let’s dive deep into the numbers, structure, and key insights that investors must know.
IPO Details: Studds Accessories ₹455 Crore Offer Structure and Key Dates
The Studds Accessories ₹455 crore IPO will open for subscription on October 30, 2025, and close on November 3, 2025. The company has set a price band between ₹557 and ₹585 per share, implying a valuation of around ₹2,300 crore at the upper end of the range.
Here’s a quick breakdown of the offer details:
| Particulars | Details |
|---|---|
| IPO Size | ₹455 crore |
| Type of Issue | Offer for Sale (OFS) |
| Price Band | ₹557 – ₹585 per share |
| Opening Date | October 30, 2025 |
| Closing Date | November 3, 2025 |
| Anchor Book Opens | October 29, 2025 |
| Listing Date (Expected) | November 7, 2025 |
| Valuation | ₹2,300 crore (approx.) |
| Issue Managers | IIFL Capital Services, ICICI Securities |
| Reserved for QIBs | 50% |
| Reserved for Retail Investors | 35% |
| Reserved for Non-Institutional Investors | 15% |
Unlike most IPOs, this one will be entirely an Offer for Sale (OFS). This means the company itself won’t receive any fresh capital; instead, existing shareholders and promoters will offload 77.86 lakh shares to the public.
The anchor book, meant for institutional investors, will open a day earlier — on October 29, 2025. Given the company’s strong fundamentals, analysts expect this portion to be oversubscribed swiftly.
About Studds Accessories Ltd: A Legacy of Safety and Innovation
Founded nearly five decades ago, Studds Accessories Ltd is a household name in the motorcycle accessories market. The company designs, manufactures, and markets helmets under two popular brands — “Studds” and “SMK.”
While the Studds brand focuses on the mass and mid-market segments, SMK caters to premium motorcyclists, especially those who value advanced design, comfort, and safety. Beyond helmets, Studds offers a wide range of riding gear and accessories, including:
- Motorcycle luggage and gloves
- Rain suits and riding jackets
- Helmet locks and eyewear
- OEM accessories for major brands
According to a CARE Ratings report, Studds is the world’s largest two-wheeler helmet manufacturer by volume (2024) and the largest in India by revenue (FY2024).
The company’s scale and diversification make it a global force to be reckoned with. As of March 31, 2025, Studds operated three state-of-the-art manufacturing units with a combined annual capacity of 9.04 million units, out of which around 7.4 million helmets were sold in FY2025.
Studds Accessories’ Global Presence and Partnerships
One of the defining strengths of Studds Accessories ₹455 crore IPO is its impressive global reach. The company exports products to over 70 countries, covering key regions such as:
- Americas
- Asia (excluding India)
- Europe
- Australia and the Middle East
Studds also manufactures helmets for international brands, including:
| Brand | Region | Market Presence |
|---|---|---|
| Jay Squared LLC (Daytona) | United States | Major motorcycle accessory brand |
| O’Neal | Europe, US, Australia | Known for premium off-road gear |
These collaborations highlight the company’s engineering excellence and adherence to global safety standards.
Client Portfolio: OEM Partnerships and Institutional Buyers
Studds Accessories has established strong partnerships with leading Original Equipment Manufacturers (OEMs), supplying helmets and accessories to:
- Hero MotoCorp
- Honda Cars India
- Suzuki Motorcycle India
- Eicher Motors (Royal Enfield)
- India Yamaha Motor
Additionally, the company serves government and institutional clients, such as:
- Central Police Canteens (CPC)
- Canteen Stores Department (CSD)
This dual presence — in both retail and institutional segments — ensures consistent demand and revenue stability, even during economic slowdowns.
IPO Objective: What’s in It for Investors?
Although the Studds Accessories ₹455 crore IPO is a pure OFS (Offer for Sale), it still holds immense appeal for investors. Here’s why:
- Proven Leadership in Safety Gear Manufacturing: Studds dominates both the Indian and international markets.
- Diversified Product Portfolio: Expanding beyond helmets into riding gear and accessories ensures long-term growth.
- Robust Distribution Network: Over 70 countries served with consistent export revenue.
- Strong OEM Relationships: Ties with global motorcycle brands provide recurring business.
- Experienced Management Team: With decades of operational excellence and innovation.
While Studds won’t receive funds directly, the IPO will enhance liquidity, improve brand visibility, and strengthen corporate governance — all positive indicators for long-term shareholders.
A Look Back: Studds’ First IPO Attempt in 2018
This isn’t Studds’ first tryst with public markets. Back in August 2018, the company filed draft papers with SEBI and received approval in December 2018. However, due to unfavorable market conditions, it chose to defer its IPO plans at that time.
Now, with improved market sentiment and strong financial performance, Studds is making a confident return — and this time, the momentum seems unstoppable.
Key Takeaways from Studds Accessories ₹455 Crore IPO
The Studds Accessories ₹455 crore IPO is more than just another public issue — it’s a reflection of India’s growing dominance in global automotive safety.
- IPO Dates: October 30 – November 3, 2025
- Price Band: ₹557 – ₹585 per share
- Valuation: Approx. ₹2,300 crore
- Nature: 100% Offer for Sale (OFS)
- Listing Date: November 7, 2025
With IIFL Capital Services and ICICI Securities as book-running lead managers, the issue is well-structured and expected to attract high institutional interest.
Final Thoughts: Should You Apply for Studds Accessories ₹455 Crore IPO?
So, is the Studds Accessories ₹455 crore IPO worth subscribing to? For many investors, the answer leans toward yes — especially those looking for exposure to the booming two-wheeler and safety gear industry.
Studds stands at the intersection of innovation, global expansion, and brand trust, offering a rare combination of stability and growth.
In a market increasingly focused on safety and lifestyle-driven mobility, Studds’ leadership in helmet manufacturing positions it perfectly for sustained success — both in India and abroad.
