Studds Accessories IPO to Open on October 30, 2025; Price Band Set at ₹557–₹585 per Share

New Delhi, October 28, 2025: Studds Accessories Limited (“Studds” or “the Company”), one of India’s leading manufacturers of two-wheeler helmets and accessories, is set to launch its Initial Public Offering (IPO) on Thursday, October 30, 2025. The issue will close for subscription on Monday, November 3, 2025.

The Anchor Investor Bid/Offer Period will open and close on Wednesday, October 29, 2025.

IPO Details

The Studds Accessories IPO comprises a total offer for sale (OFS) of up to 7,786,120 equity shares by existing shareholders (“Selling Shareholders”). There is no fresh issue component in the offer.

The OFS includes:

• Madhu Bhushan Khurana – up to 3,800,000 equity shares
• Sidhartha Bhushan Khurana – up to 800,000 equity shares
• Chand Khurana – up to 2,100,000 equity shares
  (Together referred to as the Promoter Selling Shareholders)

and

• Sanjay Leekha, Charu Leekha, Nisha Leekha, Nain Tara Mehta, Sunil Kumar Rastogi, SE Shoes Pvt. Ltd., and Ajay Kumar Sakhuja among others as the Other Selling Shareholders.

Price Band and Lot Size

The price band for the IPO has been set between ₹557 and ₹585 per equity share.
Investors can bid for a minimum of 25 equity shares and in multiples of 25 shares thereafter.

Listing and Lead Managers

The equity shares will be listed on both the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE), with BSE serving as the designated stock exchange.

The issue is being managed by IIFL Capital Services Limited (formerly IIFL Securities Limited) and ICICI Securities Limited, who are the Book Running Lead Managers (BRLMs) to the offer.

Offer Structure

The Studds Accessories IPO is being made through the Book Building Process under Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, read with the SEBI (ICDR) Regulations.

• Qualified Institutional Buyers (QIBs): Not more than 50% of the offer will be allocated to QIBs. Up to 60% of this portion may be allocated to Anchor Investors, with one-third reserved for domestic mutual funds.
• Non-Institutional Investors (NIIs): Not less than 15% of the offer will be available to NIIs, divided into two subcategories based on bid size (₹2 lakh–₹10 lakh and above ₹10 lakh).
• Retail Individual Investors (RIIs): Not less than 35% of the offer will be reserved for retail investors.

All investors, except Anchor Investors, can apply through the Application Supported by Blocked Amount (ASBA)mechanism using UPI or their respective bank accounts.

About Studds Accessories Limited

Studds Accessories Limited is a renowned name in the Indian and global motorcycle accessories market, best known for its range of helmets, riding gear, and two-wheeler accessories. The company’s upcoming IPO marks a key milestone as it looks to enhance shareholder value and expand its investor base.

Key IPO Dates