India’s leading helmet manufacturer, Studds Accessories Limited, is all set to make its debut on the stock markets with its highly anticipated ₹455.49 crore IPO. The company, well-known for its popular “Studds” and “SMK” helmet brands, aims to strengthen its market presence and allow existing shareholders to partially offload their stakes through this public issue.
IPO Details and Structure
The Studds Accessories IPO is entirely an offer-for-sale (OFS), involving the sale of 77,86,120 equity shares by existing shareholders. This means that no new shares will be issued, and the company will not directly receive funds from the IPO proceeds. Instead, the offering will provide liquidity to current investors and help the company gain a public market listing.
The price band for the IPO has been set between ₹557 and ₹585 per share, with a face value of ₹5 per share. The issue will be open for subscription from October 30, 2025, to November 3, 2025, and the tentative listing date on Indian stock exchanges is November 7, 2025. Given the company’s strong brand reputation and solid performance, the IPO is expected to attract healthy investor interest.
About Studds Accessories Ltd.
Founded in India, Studds Accessories Ltd. has established itself as the largest manufacturer of two-wheeler helmets in the country, based on production volume. The company’s products are sold across India and in more than 70 international markets, highlighting its strong export capabilities.
Studds operates under two prominent brands — Studds, which caters to mass-market consumers, and SMK, which serves the premium segment. This dual-brand strategy allows the company to effectively capture different consumer segments and maintain a balanced revenue portfolio.
Manufacturing Strength and Capacity
As of March 31, 2025, Studds operated three advanced manufacturing facilities with a combined production capacity of approximately 9.04 million helmets per year. In the fiscal year 2025, the company successfully sold around 7.40 million helmets, showcasing both operational efficiency and growing market demand.
The company’s vertically integrated production model ensures high-quality standards, cost control, and the ability to innovate quickly. From design to final assembly, Studds manages the entire manufacturing process, which has been one of its biggest competitive advantages.
Why Investors Are Paying Attention
Investors are showing keen interest in the Studds Accessories IPO for several reasons. The company’s strong brand recall, extensive product range across price points, and wide distribution network give it a dominant edge in the market.
Studds helmets are sold through thousands of dealers and retail outlets across India, as well as through online platforms and export partners. Its ability to cater to both budget-conscious riders and premium enthusiasts has helped it maintain steady growth despite fluctuating market conditions.
Additionally, the company’s focus on innovation, safety standards, and modern design has enhanced its reputation not only in India but also abroad. The demand for helmets is also being driven by stricter road safety regulations and growing awareness of rider protection.
Financial Performance and Outlook
While the IPO is purely an OFS, analysts believe that listing on the stock exchange will give Studds greater visibility and pave the way for future expansion. The company’s robust revenue growth, efficient cost management, and established market position make it a promising addition to investor portfolios.
Moreover, with the two-wheeler market in India continuing to expand and safety compliance becoming mandatory, the long-term outlook for helmet manufacturers remains positive. Studds, being the market leader, is expected to benefit the most from these industry trends.
Key Strengths
- Largest helmet producer in India with dominant domestic and export presence.
- Wide range of products covering both budget and premium segments.
- Vertically integrated manufacturing ensuring consistent quality.
- Established dealer network across India and more than 70 export destinations.
- Strong management team with decades of industry experience.
Final Thoughts
The Studds Accessories IPO comes at a time when India’s auto accessories and safety gear market is experiencing steady growth. With its deep-rooted presence, brand trust, and manufacturing prowess, Studds is well-positioned to capitalize on rising safety awareness and two-wheeler demand.
While investors should consider valuation and market conditions before applying, Studds’ consistent performance, export reach, and leadership in the helmet industry make this IPO an exciting opportunity for long-term investors looking for exposure to a fast-growing consumer segment.