{"id":5969,"date":"2025-10-30T05:01:22","date_gmt":"2025-10-30T05:01:22","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=5969"},"modified":"2025-10-30T05:02:45","modified_gmt":"2025-10-30T05:02:45","slug":"studds-accessories-ipo-indias-largest-helmet-maker-rides-toward-market-debut","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/studds-accessories-ipo-indias-largest-helmet-maker-rides-toward-market-debut\/","title":{"rendered":"Studds Accessories IPO: India\u2019s Largest Helmet Maker Rides Toward Market Debut"},"content":{"rendered":"

Introduction<\/h3>\n

The Indian IPO market is gearing up for another prominent listing with Studds Accessories Limited, India\u2019s largest manufacturer of two-wheeler helmets and motorcycle accessories. Backed by nearly five decades of industry experience, the company is launching an IPO worth \u20b9455.49 crore, entirely through an Offer for Sale. The listing marks an important milestone for India\u2019s automotive accessories sector, bringing a homegrown safety-gear brand with a strong global footprint to the public markets. <\/span>Here\u2019s a closer look at Studds Accessories – its business, financial performance, issue details, and what the IPO means for investors.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

IPO Details<\/strong><\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n
Detail<\/b><\/td>\nInformation<\/b><\/td>\n<\/tr>\n<\/thead>\n
Opening Date<\/b><\/td>\n30 Oct 2025<\/span><\/td>\n<\/tr>\n
Closing Date<\/b><\/td>\n3 Nov 2025<\/span><\/td>\n<\/tr>\n
Price Band<\/b><\/td>\n\u20b9557 to \u20b9585 per share<\/span><\/span><\/td>\n<\/tr>\n
Issue Size<\/b><\/td>\n77,86,120 shares <\/span>(aggregating up to \u20b9455.49 Cr)<\/span><\/td>\n<\/tr>\n
Lot Size<\/b><\/td>\n25 shares per lot<\/span><\/td>\n<\/tr>\n
Minimum Investment (Retail)<\/b><\/td>\n\u20b914,625(at upper price band)<\/span><\/td>\n<\/tr>\n
Listing Exchanges<\/b><\/td>\nBSE & NSE<\/span><\/td>\n<\/tr>\n
Expected Listing Date<\/b><\/td>\n7 Nov 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Source: BSE | Chittorgarh<\/span><\/p>\n

Business Overview<\/h3>\n

Studds Accessories Limited (SAL), incorporated in 1975 and headquartered in Faridabad, Haryana, is India\u2019s largest manufacturer of two-wheeler helmets and motorcycle accessories. The company designs, manufactures, and markets products under two flagship brands-\u201cStudds\u201d and \u201cSMK\u201d-that cater to diverse consumer segments in India and overseas.<\/span><\/p>\n

Its product portfolio spans helmets, riding jackets, gloves, two-wheeler luggage, eyewear, rain suits, and helmet security guards, all sold under the Studds brand. With four manufacturing facilities in Faridabad and an annualized production capacity of 9.04 million helmets as of March 31, 2025, the company sold 7.40 million units in FY2025. Studds exports to over 70 countries across the Americas, Asia, Europe, and other regions and also supplies helmets for global brands such as Daytona and O\u2019Neal. With nearly five decades of experience, Studds combines safety, innovation, and scale to serve riders worldwide.<\/span><\/p>\n

Industry Context<\/b><\/p>\n

India\u2019s two-wheeler helmet industry is witnessing steady growth, supported by rising urbanisation, increasing two-wheeler ownership, and mandatory helmet-use regulations. The demand for certified and branded helmets has expanded in recent years as consumers prioritise safety, comfort, and design.<\/span><\/p>\n

Key industry factors:<\/b><\/p>\n

    \n
  • Safety Regulations:<\/b> Government mandates on helmet usage continue to drive demand in both urban and rural markets.<\/span><\/li>\n
  • Two-Wheeler Market Growth:<\/b> A consistent rise in motorcycle and scooter sales supports volume expansion for helmet manufacturers.<\/span><\/li>\n
  • Product Diversification:<\/b> Manufacturers are broadening product lines to include riding gear and accessories.<\/span><\/li>\n
  • Export Opportunity:<\/b> Indian helmet makers are expanding their global footprint, supported by cost efficiency and compliance with international standards.<\/span><\/li>\n
  • Technological Advancement:<\/b> Companies are incorporating improved materials and manufacturing processes to enhance safety and quality.<\/span><\/li>\n<\/ul>\n

    Studds Accessories Limited, with its established brands, manufacturing capacity, and global presence, operates within this expanding segment of India\u2019s two-wheeler safety gear industry.<\/span><\/p>\n

    Business Strengths<\/b><\/h3>\n
      \n
    • Established Market Leadership<\/b>
      \n<\/b>India\u2019s largest two-wheeler helmet manufacturer by revenue and the world\u2019s largest by volume, with nearly five decades of operational experience.<\/span><\/li>\n
    • Recognised Brands<\/b>
      \n<\/b>Owns and markets two flagship brands – \u201cStudds\u201d and \u201cSMK\u201d – both with a strong domestic and international presence across more than 70 countries.<\/span><\/li>\n
    • Extensive Product Portfolio<\/b>
      \n<\/b>Offers helmets and motorcycle accessories including luggage, gloves, eyewear, rain suits, riding jackets, and helmet security guards.<\/span><\/li>\n
    • Integrated Manufacturing Capabilities<\/b>
      \n<\/b>Operates four manufacturing facilities in Faridabad, with a combined annualised production capacity of 9.04 million helmets as of March 31, 2025.<\/span><\/li>\n
    • Global Distribution Network<\/b>
      \n<\/b>Sells through 363 active distributors in India and exports to key international markets across the Americas, Asia, Europe, and other regions.<\/span><\/li>\n<\/ul>\n

      Risks and Challenges<\/b><\/h3>\n

      While the company maintains a leading position in the helmet and accessories market, certain risks merit attention:<\/span><\/p>\n