Studds Accessories IPO: An Overview
Faridabad-based helmet manufacturer Studds Accessories Ltd. is set to open its public issue on October 30. The IPO, which closes on November 3, is a pure offer-for-sale (OFS) of up to 77.9 lakh equity shares by its promoters and existing shareholders. This marks the company’s second attempt at a market debut. Studds had previously filed draft papers with SEBI in 2018, but put the plan on hold.
Company Background
Studds is the largest two-wheeler helmet player by volume in India. The company is valued at over Rs 3,500 crore as per the last transaction of shares in August 2024. In January this year, the company also allotted 1.96 crore bonus shares in a 1:1 ratio. To know more about IPO process, click here.
IPO Structure
The Studds IPO is entirely an offer-for-sale (OFS) of up to 7,786,120 equity shares. The company is not issuing any fresh shares. The main objects of the offer are to carry out the OFS and list the share on the stock market. For more information on offer for sale, visit our website.
Use of Proceeds
As the Studds public issue is entirely an offer-for-sale, the company will not receive any proceeds. All proceeds, after deducting relevant expenses and taxes, will go to the selling shareholders. To learn more about IPO proceeds, read our article.
Financial Snapshot
Studds reported strong profit growth, posting a restated profit of Rs 69.64 crore for the financial year ended March 31, 2025. This compares to a restated profit of Rs 57.23 crore in fiscal year 2024 and a profit of Rs 33.15 crore in fiscal year 2023. Revenue from operations grew to Rs 583.82 crore in fiscal 2025, up from Rs 529.02 crore in the previous year. For detailed analysis of financial statements, visit our website.
Promoter and Investor Shareholding
Among the selling shareholders, Promoter Madhu Bhushan Khurana will sell up to 38 lakh shares, and Promoter Sidhartha Bhushan Khurana will sell up to 8 lakh shares. Promoter Group member Chand Khurana will offload up to 21 lakh shares. Other sellers include Sanjay Leekha, Charu Leekha, and SE Shoes Private Limited, among others. To know more about promoter shareholding, click here.
Lead Managers
IIFL Capital Services Limited and ICICI Securities Limited are the book-running lead managers for the Studds Accessories IPO. For more information on lead managers, read our article.
Should You Invest in Studds Accessories IPO?
The decision to invest in the Studds Accessories IPO depends on various factors, including your investment goals, risk tolerance, and market conditions. It’s essential to do your own research, analyze the company’s financials, and consult with a financial advisor before making any investment decisions. To learn more about IPO investment, visit our website.
Conclusion
In conclusion, the Studds Accessories IPO is an opportunity for investors to participate in the growth story of India’s largest two-wheeler helmet player. However, it’s crucial to approach the investment decision with caution and consider all the factors mentioned above. For the latest updates on IPO news, stay tuned to our website.
