Studds Accessories IPO Subscription Status: IPO Subscribed by 3.62 Times on Day 2

Faridabad, October 31: Studds Accessories IPO saw strong demand on Day 2, with an overall subscription of 3.62 times as of 1:35 PM. The issue received bids for 1,97,57,250 shares against 54,50,284 shares on offer. Non-Institutional Buyers led the subscriptions status with an impressive 6.17 times bid coverage, placing 72,09,800 bids against 11,67,918 shares available. Retail investors followed closely, subscription status 4.59 times with 1,25,09,275 bids for 27,25,142 shares. Meanwhile, Qualified Institutional Buyers (QIBs) showed limited participation, subscription status just 0.02 times, with 38,175 bids against 15,57,224 shares on offer.

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.

Key Details About ₹455.49 Crore Studds Accessories IPO

The ₹455.49 crore Studds Accessories IPO comes with a price band of ₹557-₹585 per share. The lot size is 25 shares per application, requiring a minimum investment of ₹14,625 for retail investors at the upper price band.

For Non-Institutional Investors (sNII), the minimum application size is 14 lots (350 shares), translating to an investment of ₹2,04,750, while for bNII, it is 69 lots (1,725 shares), amounting to ₹10,09,125.

IIFL Capital Services Ltd. serves as the book-running lead manager, and MUFG Intime India Pvt. Ltd. acts as the registrar to the issue.

Studds Accessories Raised ₹136.64 Crore From Anchor Investors

On October 29, ahead of its IPO launch, Studds Accessories successfully raised ₹136.64 crore from 10 anchor investors. The company allocated 23,35,836 equity shares at a price of ₹585 per share to these investors. The list of prominent anchor participants includes 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 Performance

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.

What’s Ahead for Studds Accessories IPO

As per the live subscription status, the Studds Accessories IPO continues to witness strong investor demand, with the issue subscribed 3.62 times so far. The company has also reported robust financial performance, posting a 22% rise in profit for FY25. The share allotment for the IPO is expected to take place on November 4, while the credit of shares and refund initiation are likely on November 6. The listing of Studds Accessories shares is anticipated on both the NSE and BSE on November 7, 2025.

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