Studds Accessories IPO Oversubscribed

Studds Accessories, India's largest manufacturer of two-wheeler helmets, launched its initial public offering (IPO) to raise ₹ 455.49 crore through an offer-for-sale (OFS) of 77.86 lakh equity shares. The IPO, open from October 30 to November 3, 2025, has a price band of ₹ 557 to ₹ 585 per share. It has seen robust investor interest, being oversubscribed 1.55 times by the close of Day 1, with strong participation from Retail Individual Investors (RIIs) and Non-Institutional Investors (NIIs). Qualified Institutional Buyers (QIBs) showed muted demand initially but overall sentiment improved, with the grey market premium (GMP) rising to 10.8%. Studds Accessories is expected to list on the BSE and National Stock Exchange of India on November 7, 2025. Brokerage firms like Meritz Securities, Canara Bank, and Anand Rathi Wealth have recommended subscribing to the IPO, citing Studds Accessories' market leadership, strong financials, and growth potential driven by increasing safety regulations and an upcycle in the domestic two-wheeler industry. The company supplies to major OEMs including Hero MotoCorp, Honda — Honda Cars India, Suzuki — Suzuki Motorcycle India, Eicher Motors, and Yamaha Motor — Yamaha Motor Company.