Helmet maker Studds Accessories's IPO oversubscribed 73 times

Business Nov 06, 2025

Studds Accessories just wrapped up its IPO, raising ₹455.49 crore after being oversubscribed a massive 73 times—QIBs alone went in at 159.99 times the shares on offer.
Shares were priced between ₹557 and ₹585.

World's biggest helmet maker by volume

Studds, founded back in 1983, is India's top helmet maker by revenue and the world's biggest by volume.
They produce helmets under the "Studds" (for everyone) and "SMK" (premium) brands, with an annual capacity of over 9 million units, selling across India and to more than 70 countries.

Listing on November 7

Shares will hit BSE and NSE on November 7. Thanks to a ₹55 gray market premium, listing prices could land near ₹640—about 9% above issue price.
MUFG Intime India is handling registrations; IIFL Capital Services is leading the IPO process.