Haryana-based Studds Accessories Ltd, one of India’s leading manufacturers of helmets and two-wheeler accessories, has filed its Red Herring Prospectus (RHP) and announced that its initial public offering (IPO) will open for subscription on October 30, 2025.
The company’s market debut comes alongside other major listings next week, including Orkla India and Lenskart Solutions, underscoring a busy phase for the equity markets.
IPO Details and Key Dates
The ₹77.86 lakh-share IPO will be entirely an offer-for-sale (OFS) by existing promoters and shareholders, meaning all proceeds will go to the selling shareholders, with no fresh capital being raised.
- Anchor Book Opens: October 29, 2025
- Public Issue Period: October 30 – November 3, 2025
- Allotment Finalisation: November 4, 2025
- Listing Date: November 7, 2025
Promoters Madhu Bhushan Khurana, Sidhartha Bhushan Khurana, and Shilpa Arora currently hold 78.78% of the company, while the public owns the remaining 21.22%.
IIFL Capital Services and ICICI Securities are acting as book-running lead managers for the issue.
Business Overview and Global Operations
Studds operates three state-of-the-art manufacturing facilities with a combined annual capacity of 9.04 million units. Its product portfolio includes helmets under the Studds and SMK brands, as well as two-wheeler accessories such as luggage boxes, riding jackets, gloves, rain gear, eyewear, and helmet locks.
The company exports to over 70 countries, including major markets in Europe, the US, and Australia, and also manufactures helmets for global brands such as Jay Squared LLC’s Daytona and O’Neal.
Financial Performance and Growth Outlook
Studds has demonstrated steady financial performance in recent years:
- FY25 Profit: ₹69.6 crore (up 21.7% YoY from ₹57.2 crore)
- FY25 Revenue: ₹583.8 crore (up 10.4% YoY)
- Q1 FY26 Profit: ₹20.2 crore
- Q1 FY26 Revenue: ₹149.2 crore
With consistent growth in both domestic demand and export markets, Studds’ upcoming IPO is seen as a key opportunity for investors to participate in India’s growing automotive accessories and safety gear segment — a sector closely aligned with the rising two-wheeler market and road safety awareness.
Disclaimer:
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