Mumbai, October 27, 2025: Studds Accessories Limited, India’s leading two-wheeler helmet and accessories manufacturer, will open its Initial Public Offering (IPO) for subscription on October 30, 2025, closing on November 3, 2025. The price band has been fixed at ₹557 to ₹585 per equity share with a face value of ₹5 each. The anchor investor bidding will take place on October 29, 2025. Investors can bid for a minimum of 25 equity shares and in multiples of 25 thereafter.
The IPO is entirely an Offer for Sale (OFS) of 7,786,120 equity shares by existing shareholders. The promoter group, including Madhu Bhushan Khurana, Sidhartha Bhushan Khurana, and Chand Khurana, will offload part of their holdings, along with other shareholders such as Sanjay and Charu Leekha.
The issue will be made through the book-building process in line with SEBI ICDR Regulations. Up to 50% of the offer will be allocated to Qualified Institutional Buyers (QIBs), not less than 15% to Non-Institutional Investors, and 35% to Retail Investors. The Equity Shares will be listed on both BSE and NSE, with BSE being the designated stock exchange.
IIFL Capital Services Limited and ICICI Securities Limited are acting as the Book Running Lead Managers for the issue. The company has filed its Red Herring Prospectus (RHP) with the Registrar of Companies, and interested investors can access it on the websites of SEBI, the BRLMs, BSE, and NSE.
