Studds Accessories Announces Rs 455.49 Crore IPO: Key Details Revealed
Studds Accessories, a helmet and two-wheeler accessories manufacturer, has announced its IPO as a pure offer-for-sale of 78 lakh equity shares. The price band is set at Rs 557-585 per share, aiming to raise Rs 455.49 crore. The company, exporting to over 70 countries, reported a revenue of Rs 584 crore and net profit of Rs 70 crore in FY25, showing growth from the previous year. IIFL Capital Services and ICICI Securities are managing the IPO.
*this image is generated using AI for illustrative purposes only.
Studds Accessories, a manufacturer of helmets and two-wheeler accessories, has announced its Initial Public Offering (IPO). The company has set a price band of Rs 557-585 per share for its Rs 455.49 crore offering, which is structured as a pure offer-for-sale.
IPO Highlights
| Aspect | Details |
|---|---|
| IPO Type | Offer-for-Sale (OFS) |
| Total Shares Offered | 78 lakh equity shares |
| Price Band | Rs 557 - Rs 585 per share |
| IPO Size | Rs 455.49 crore |
Company Overview
Studds Accessories, founded in 1975 and headquartered in Faridabad, has established itself as a player in the two-wheeler accessories market. The company manufactures products under two brands: 'Studds' and 'SMK'. Studds exports its products to over 70 countries.
Financial Performance
The company has reported the following financial figures:
| Metric | FY24 | FY25 | Growth |
|---|---|---|---|
| Revenue | Rs 529.00 crore | Rs 584.00 crore | 10.30% |
| Net Profit | Rs 57.38 crore* | Rs 70.00 crore | 22.00% |
| EPS | Rs 14.54 | Rs 17.70 | 21.70% |
*Calculated based on the given growth percentage
IPO Details
The IPO is being managed by IIFL Capital Services and ICICI Securities. As a pure offer-for-sale, the company will not be issuing any fresh shares, which means the proceeds will go to the selling shareholders rather than the company itself.
Investors should conduct thorough research and consider various factors before making investment decisions.
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