Hey, fellow investors! Your main man, IPO Ji, is back with a fresh scoop, and this one is a biggie.

We're talking about a brand that probably protects you, your friends, or your family every single day. That's right—Studds Accessories Ltd., the undisputed king of helmets, is gearing up to hit the stock market.

But is this upcoming IPO a golden opportunity or a ride to avoid? You know the drill. Let's rev up the engine and dive deep into the details!

First, Who is Studds Accessories? (The Deep Dive)

Before we get into the Studds IPO specifics, let's understand the business. This isn't just some new-age startup; this is an established giant.

• The Undisputed King: Studds is the world's largest helmet manufacturer by sales volume. How big? They sold a staggering 7.40 million helmets in Fiscal 2025 alone.
• The Brands: They operate two powerful brands:
  • "Studds": This is their flagship, mass-market brand for helmets and all other accessories. It's a household name for safety and reliability.
  • "SMK": This is their premium, high-end brand, catering to serious bikers with more stylish (and pricier) gear.
• More Than Just Helmets: This is key. Their product portfolio is diversified. They also make two-wheeler luggage, gloves, rain suits, riding jackets, and even eyewear under the "Studds" brand.
• Global Powerhouse: Based in Faridabad and established in 1983, Studds doesn't just sell in India. They are a massive exporter, shipping products to over 70 countries. They even manufacture helmets for other big international brands like "Daytona" in the US.
• Innovation-Driven: This company invests in its future. They have a 75-member R&D team and boast over 240 different designs across their brands.

This is a company built on massive scale, deep manufacturing expertise, a diversified product line, and a global reach.

Studds IPO Details (What the DRHP Says)

Alright, let's get to the main event: the Studds Accessories IPO itself.

Studds IPO Timeline (Mark Your Calendar!)

Here’s the breakdown for retail and HNI investors.

Checking the Engine: Studds Financials Deep Dive

This is where your IPO Ji gets really interested. Does the company make money?

Let's look at the consolidated Studds financials from the DRHP:

IPO Ji's Financial Analysis: This data is fantastic! Look at that consistent growth:

• Profit Explosion: The company's Profit After Tax (PAT) more than doubled from ₹33.15 Cr in FY23 to ₹69.64 Cr in FY25! That is outstanding growth.
• Strong Start to FY26: They've already clocked ₹20.25 Cr in profit in the first quarter (by June 30, 2025).
• Virtually Debt-Free: Look at that "Total Borrowing" – only ₹2.91 Cr against a net worth of ₹470 Cr. This company is not loaded with debt.

Financially, this company is a rockstar. It's profitable, growing, and has a clean balance sheet.

The Final Verdict: Studds Accessories IPO Review

So, here's the big question: Should you subscribe?

As of today, my IPO Ji review is "Positively Cautious." Here's my breakdown of the strengths and risks.

The Good Stuff (Strengths):

1. Unmatched Market Position: You are investing in the world's largest helmet manufacturer, which sold 7.40 million helmets last year. That is a massive competitive moat.
2. Powerful Brands & Diversification: This isn't just one product. The "Studds" and "SMK" brands are strong, and the company has a diverse portfolio of other accessories (luggage, gloves, etc.), reducing risk.
3. Stellar Financials: The numbers don't lie. As the table shows, this company is a high-growth, high-profit, and virtually debt-free machine.
4. Global Reach & R&D: Exporting to 70+ countries and having a 75-member R&D team shows this is a mature, innovative, and globally-integrated business.

The Big Red Flag (The "Risk"):

• IT IS A 100% OFFER FOR SALE (OFS): This is the entire story. Look at the "Issue Type" in the table. NOT ONE RUPEE of the ₹455.49 Crores is going to Studds Accessories Ltd. The entire amount is going to the existing promoters and shareholders who are selling their shares.

How can I apply for the Studds IPO through IPO Ji?

Applying is simple! You can apply directly from the IPO Ji app or website. Just follow these steps:

1. Log in to your IPO Ji account.
2. Go to the "IPO" section and select "Studds Accessories IPO".
3. Enter your UPI ID (the one linked to your bank account).
4. Choose the number of lots you want to bid for (1 Lot = 25 Shares).
5. Select your bid price. We recommend bidding at the "Cut-Off Price" (which is ₹585) to maximize your chances of allotment.
6. Click "Submit".
7. After you submit, you will receive a UPI mandate request on your UPI app (like GPay, PhonePe, etc.). You must approve this payment mandate before 5 PM on November 3rd to complete your application.

Studds IPO: Frequently Asked Questions (FAQs)

Q1: What are the Studds Accessories IPO dates? 

A: The Studds IPO is officially open for subscription from Thursday, October 30, 2025, to Monday, November 3, 2025. The tentative listing date on the BSE and NSE is Friday, November 7, 2025.

Q2: What is the price band and lot size for the Studds IPO? 

A: The official price band has been set at ₹557 to ₹585 per share. The minimum lot size is 25 shares, which means the minimum investment required for a retail investor is ₹14,625 (at the upper price band).

Q3: What will Studds do with the IPO money? 

A: The Studds IPO is a 100% Offer for Sale (OFS), which means all ₹455.49 Crores raised will go to the existing shareholders (promoters) who are selling their shares. No money from this IPO will go to the company for building new facilities or any other business expansion.