November 4, 2025

Hold on to your helmets because Studds Accessories’ IPO is racing ahead with exuberant bids! The company’s Rs 455.49 crore initial public offering has entered its thrilling third and final day of bidding, and guess what? It is already oversubscribed by a whopping 17.08 times! Investors have placed bids for 9.30 crore shares, while only 54.50 lakh shares are on offer. What a crush! The market buzz is getting hotter as the grey market premium (GMP) climbs to around 11.45%, a jump from the 10.8% seen just a few days ago. This soaring GMP means traders expect the stock to list much higher than the offer price, adding extra sparkle to the excitement. This IPO is a sell-off by existing shareholders—a full Offer for Sale (OFS). Investors can jump in with a minimum of 25 shares priced between Rs 557 and Rs 585 each. Breaking down the numbers as of Day 3 at 1:05 PM: - Retail Individual Investors have snapped up the 27.25 lakh shares reserved for them 14.08 times over. - Non-Institutional Investors are the real heavy hitters, bidding 39.67 times for their 11.67 lakh shares allocation. - Qualified Institutional Buyers, or QIBs, have subscribed 5.37 times to their 15.57 lakh shares quota. What’s more thrilling? The GMP stands at Rs 67 above the Rs 585 price cap, hinting that the IPO’s listing price might debut near Rs 652—a juicy jump that investors will love. Mark your calendar! The bidding closes on November 3, 2025. Share allotment is set for November 4, and the stock will hit the BSE and NSE on November 7, 2025. IIFL Capital Services is steering the IPO as the lead manager, while MUFG Intime India manages the registrations. Wondering who Studds Accessories really is? They are India's biggest helmet maker, with headquarters in Faridabad, Haryana. Their popular brands “Studds” and “SMK” cover a vast range: helmets, gear, gloves, and luggage accessories. With four plants in Faridabad and over 19,000 product designs, they make helmets for more than 70 countries, including the US and Europe. Financially too, Studds is shining! In FY25, they earned Rs 595.9 crore, growing 11% yearly. Profits soared 22% to Rs 69.6 crore. Their EBITDA margin is a solid 18%, and they boast an almost debt-free balance sheet. Return on Equity (ROE) stands impressively at 16.6%, showing good value for shareholders. At the top end price of Rs 585, the company’s market value after the IPO is about Rs 2,302 crore with a price-to-earnings (P/E) ratio of 28.4 times. This shows how much investors are willing to pay for future profits. SBI Securities praises Studds for its strong grip in the Indian helmet market with a 27.3% volume share. The company has grown steadily with excellent profitability, and experts expect further growth thanks to rising safety rules and growing demand for two-wheelers in India. SBI Securities gives a confident “Subscribe” call for Studds Accessories IPO at Rs 585 per share, reflecting hope for a safe and profitable ride ahead for investors. So, are you geared up to join the helmet leader’s big market debut? The wheels of fortune seem to be spinning fast for Studds Accessories!

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Tags: Studds Accessories, Ipo, Helmet Manufacturer, Stock market, Grey market premium, Indian Ipo,