Studds Accessories Shifts Gears with ₹557–585 IPO Price Band: Helmet Maker’s Market Debut

Studds Accessories Ltd., renowned for its Studds and SMK helmet brands, is debuting on the stock market with an IPO price band of ₹557–585 per share, effective from October 30 to November 3, 2025. The issue is an entirely offer-for-sale (OFS) of 77.86 lakh shares, raising up to ₹455.49 crore for shareholders without fresh equity infusion.

IIFL Capital Services and ICICI Securities are the book-running lead managers. The shares are expected to list on November 7, following allotment finalization on November 4.

Notable Updates:

IPO Structure: Pure offer-for-sale with no fresh issuance; promoters and existing shareholders will divest stakes.

Lot Size & Subscription: Minimum application is 25 shares; retail investors can apply for up to 13 lots.

Market Presence: Studds is India’s largest helmet maker by volume, exporting to 70+ countries.

Financials: FY25 net profit surged 22% to ₹69.64 crore, revenue grew 10% to ₹583.82 crore.

Listing Objective: Proceeds go to selling shareholders, with no capital infusion for business expansion.

Sources: NDTV Profit, Business Today, IPO Central, Chittorgarh, ICICI Securities, Studds Accessories Ltd. RHP.