Studds Accessories IPO Sees Strong Retail Response on Day 1

New Delhi, October 30: The Studds Accessories IPO opened for subscription today and is seeing strong interest from retail investors. As of 2:55 PM, the retail portion was subscribed 1.07 times. The ₹455.49 crore issue is entirely an Offer for Sale (OFS) of 0.78 crore shares. The IPO, which opened on October 30, will close on November 3. Share allotment is expected to be finalised on November 4, with refunds and demat account credits likely on November 6. The company’s shares are scheduled to list on both the NSE and BSE on November 7, 2025.

Studds Accessories is an Indian company that manufactures two-wheeler helmets and other two-wheeler accessories. The company was established in 1983 and is headquartered in Faridabad, Haryana.

Studds Accessories IPO Subscription Snapshot

As of 2:55 PM, the Studds Accessories IPO was subscribed 1.07 times in total, with bids received for 58,22,350 shares against the 54,50,284 shares on offer. The strong response was driven primarily by retail investors, who subscribed 1.62 times, bidding for 44,23,100 shares against 27,25,142 shares available. Non-Institutional Buyers (NIBs) followed with a 1.19 times subscription, placing bids for 13,94,700 shares against 11,67,918 shares on offer. Meanwhile, the Qualified Institutional Buyers (QIB) category is yet to record any bids.

Studds Accessories Raises ₹136.64 Crore From Anchor Investors

On October 29, ahead of the IPO, Studds Accessories raised ₹136.64 crore from 10 anchor investors. It allocated 23,35,836 equity shares to the anchor investors at ₹585 per share.

Key investors included HDFC MF – Non-Cyclical Consumer Fund, HDFC MF – Transportation & Logistics Fund, Nippon Life India Trustee – Nippon India Small Cap Fund, ICICI Prudential – Transportation & Logistics Fund, Edelweiss Trustee – Edelweiss Recently Listed IPO Fund, ITI Flexi Cap Fund, Kedaraa Capital Public Markets Fund I, Carnelian India Amritkaal Fund, Pinebridge Global Funds – Pinebridge India Equity Fund, and Edelweiss Life Insurance Co. Ltd.

Studds Accessories Financial Snapshot

 As of 30 June 2025, the company’s total assets stood at ₹586.61 crore, up from ₹556.71 crore as of 31 March 2025. Total income for FY25 was ₹595.89 crore, an 11% increase from ₹535.84 crore in FY24. Income for the quarter ended June 2025 stood at ₹152.01 crore. Profit after tax (PAT) rose 22% year-on-year from ₹57.23 crore in FY24 to ₹69.64 crore in FY25, and ₹20.25 crore for the June 2025 quarter.

Studds Accessories IPO opened today and is witnessing the highest demand from retail investors. Studds is a well-known name in the two-wheeler accessories segment, and is expected to see higher demand until November 3.

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