31 Mar 2023
Assets461.07
Total Income506.48
EBITDA60.05
Profit After Tax33.15
NET Worth338.02
Reserves and Surplus328.18
Total Borrowing30.58
At a glance
Updated 2026-09-10Studds Accessories is a Mainboard IPO with an issue size of ₹455.49 crore, proposed for listing on BSE, NSE. The offer opens on 30th Oct 2025 and closes on 3rd Nov 2025. The issue structure includes an offer-for-sale component of ₹455.49 crore. The current listing schedule points to 7th Nov 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹455.49 Cr
Offer for sale₹455.49 Cr
Face value₹5
Price band₹557.00–₹585.00
Allotment4th Nov 2025
Listing7th Nov 2025
Grey market
GMP page ↗Latest GMP₹35.00
GMP / upper price5.98%
Est. listing₹620.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens30th Oct 2025
Closes3rd Nov 2025
Allotment4th Nov 2025
Refund6th Nov 2025
Demat6th Nov 2025
Listing7th Nov 2025
Subscription demand
Full bidding ↗Total73.25×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,625 |
| Retail (Max) | 13 | 325 | ₹190,125 |
| S-HNI (Min) | 14 | 350 | ₹204,750 |
| S-HNI (Max) | 68 | 1700 | ₹994,500 |
| B-HNI (Min) | 69 | 1725 | ₹1,009,125 |
Company
Incorporated1975
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue152.01₹ Cr · -74.5% vs prior year
EBITDA30.26₹ Cr · -71.1% vs prior year
PAT20.25₹ Cr · -70.9% vs prior year
Assets586.61₹ Cr · +5.4% vs prior year
Net Worth469.77₹ Cr · +4.5% vs prior year
Borrowing2.91₹ Cr · +0.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets485.56
Total Income535.84
EBITDA90.19
Profit After Tax57.23
NET Worth387.41
Reserves and Surplus377.57
Total Borrowing0.61
31 Mar 2025
Assets556.71
Total Income595.89
EBITDA104.84
Profit After Tax69.64
NET Worth449.48
Reserves and Surplus429.80
Total Borrowing2.91
30 Jun 2025
Assets586.61
Total Income152.01
EBITDA30.26
Profit After Tax20.25
NET Worth469.77
Reserves and Surplus450.09
Total Borrowing2.91
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 16.64% |
| ROCE | 20.25% |
| Debt / Equity | -0.07% |
| RoNW | 15.49% |
| PAT Margin | 11.93% |
| EBITDA Margin | 17.96% |
| Price to Book Value | 5.12 |
Valuation & shareholding
Pre-IPO EPS17.70
Post-IPO EPS20.58
Pre-IPO P/E33.06
Post-IPO P/E28.43
Promoter holding pre78.78%
Promoter holding post61.76%
Market cap₹2302.17 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Studds Accessories IPO | — | 28.43 x | — | — |
| Belrise Industries IPO | — | 24.47 x | — | — |
| Carraro India IPO | — | 40.24 x | — | — |
| Varroc Engineering IPO | — | 30.00 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs | ₹15.02 Cr |
| Selling Commission and processing fees for SCSBs, Bankers to the Offer and Bidding Charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹1.83 Cr |
| Fees payable to the Registrar to the Offer | ₹0.24 Cr |
| Listing fees, SEBI and Stock Exchange filing fees, book building software fees, NSDL and CDSL fee and other regulatory expenses | ₹4.47 Cr |
| Printing and stationery expenses | ₹0.97 Cr |
| Fees payable to the Statutory Auditor, industry service provider, independent Chartered Engineer, RoC consultant (independent PCS) and intellectual property consultant and attorneys | ₹0.85 Cr |
| Advertising and marketing expenses for the Offer | ₹2.84 Cr |
| Fees payable to the legal counsels to the Offer | ₹5.19 Cr |
| Miscellaneous | ₹0.71 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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