Helmet Maker Studds Accessories Files RHP; IPO to Launch on October 30

Haryana-based Studds Accessories Ltd, one of the country’s leading helmet and two-wheeler accessory manufacturers, is gearing up to launch its mainboard initial public offering (IPO) on October 30, 2025. 

The public issue marks Studds’ debut in the equity markets, joining Orkla India and Lenskart Solutions among next week’s key listings.

IPO Details and Timeline

The ₹77.86 lakh-share IPO will be entirely an offer-for-sale (OFS) by existing promoters and shareholders, meaning all proceeds from the issue will go directly to them, with no fresh capital infusion into the company. The anchor book will open on October 29, followed by the public subscription window from October 30 to November 3. 

The company plans to finalise allotments on November 4 and list its shares on November 7. Promoters Madhu Bhushan Khurana, his son Sidhartha Bhushan Khurana, and daughter Shilpa Arora currently hold a combined 78.78% stake, while the public owns 21.22%. IIFL Capital Services and ICICI Securities are managing the issue as the book-running lead managers.

Business Overview and Global Reach

Studds operates three manufacturing facilities with a total annual capacity of 9.04 million units, producing helmets under its flagship brands, Studds and SMK, along with a wide range of motorcycle accessories such as luggage boxes, gloves, helmet locks, rain gear, riding jackets, and eyewear. 

The company’s products are sold across India and exported to over 70 countries. It also manufactures helmets for global brands, including Jay Squared LLC’s Daytona range in the United States and O’Neal, catering to markets across Europe, the US, and Australia.

Financial Performance and Market Outlook

Studds has shown consistent financial strength, reporting a 21.7% jump in profit to ₹69.6 crore for FY25 from ₹57.2 crore a year earlier. Revenue for the same period rose 10.4% to ₹583.8 crore. 

For the quarter ended June 2025, the company posted a profit of ₹20.2 crore on revenue of ₹149.2 crore. With steady growth in both domestic and export segments, Studds’ upcoming market entry reflects investor interest in consumer durable manufacturing linked to the 2-wheeler sector.

Read More: Lenskart Solutions Set to Launch ₹7,278 Crore IPO on October 31: What You Need to Know!

Conclusion

Studds Accessories’ IPO marks a key milestone for the brand as it transitions from a homegrown manufacturer to a publicly listed global exporter, signalling investor optimism in India’s expanding mobility and accessories industry.

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