Studds Accessories Limited Pre IPO Price: A Deep Dive into India’s Leading Helmet Brand
25 June 2025 · Sachin Gadekar
Discover the pre IPO share price, financial growth, market position, and 2025 share price target of Studds Accessories Limited—India’s helmet powerhouse.
About Studds Accessories Limited
India’s growing two-wheeler market has fueled the need for reliable safety gear, and Studds Accessories Limited (SAL) has emerged as a market leader in this domain. Known for its iconic helmet brands like Studds and SMK, the company is a trusted name across India and in several international markets.
With its shares available in the unlisted market, retail investors can now gain early access to this robust company before it goes public.
If you’re exploring pre IPO investment opportunities on Ultra, here's everything you need to know about Studds Accessories Limited pre IPO share price, financials, IPO outlook, and share price target for 2025.
Incorporated in 1983, Studds is India’s largest helmet manufacturer, producing 1.4 crore helmets annually. The company also manufactures accessories like jackets and visors and operates under two key brands:
Studds – mass premium brand
SMK – high-end, international-focused brand
With a wide domestic and global presence, Studds serves OEMs, institutional clients, retailers, and online customers.
Studds Accessories Limited Pre IPO Share Price & Fundamentals
| Parameter | Value |
|---|---|
| Unlisted Share Price | ₹660 |
| Market Capitalization | ₹1,298.66 Cr |
| ISIN | INE00Q601028 |
| Face Value | ₹5 |
| EPS (FY24) | ₹29.08 |
| P/E Ratio | 22.70 |
| Book Value | ₹196.89 |
| P/B Ratio | 3.35 |
| Debt/Equity Ratio | 0.002 |
Financial Performance Snapshot
| Particulars (₹ Cr) | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue from Operations | 529.02 | 499.17 | 462.51 | 479.62 | 431.24 |
| Operating Expenses | 438.83 | 439.12 | 408.28 | 369.11 | 333.30 |
| Operating Profit | 90.19 | 60.05 | 54.23 | 110.51 | 97.93 |
| Profit After Tax (PAT) | 57.23 | 33.15 | 28.64 | 73.99 | 74.56 |
| Diluted EPS (₹) | 29.08 | 16.85 | 14.55 | 37.61 | 37.89 |
| Operating Profit Margin % | 17.05% | 12.03% | 11.72% | 23.04% | 22.71% |
Strengths of Studds Accessories Limited
1. Dominant Market Leader
With over 40% market share, Studds is synonymous with helmet manufacturing in India.
2. Wide Product Portfolio & Brand Strength
From entry-level helmets to premium SMK models, Studds serves diverse customer segments across 50+ countries.
3. Diversified Sales Channels
Products are sold via:
OEMs
Retailers & Distributors
Online platforms
Government and institutional orders
4. Financial Discipline
Low debt, consistent profit, and high return on capital employed (ROCE) make Studds a capital-efficient company.
Weaknesses & Challenges
Volatility in Raw Material Prices
50% of raw materials are crude-oil based. Any fluctuation in crude prices can impact margins.
Competitive Pressure
Though Studds dominates, it competes with Steelbird, Vega, and rising international players.
Price Sensitivity
Due to the nature of the product and consumer demographic, price increases may affect volume growth in budget segments.
FAQs on Studds Accessories Limited Pre IPO
Q1. What is the current pre IPO share price of Studds Accessories Limited?
The current unlisted share price is ₹660.
Q2. Can I buy Studds shares before IPO?
Yes, you can buy Studds shares through trusted pre IPO platforms like Ultra.
Q3. When will the Studds IPO launch?
Studds had filed its IPO draft with SEBI, but as of now, there is no official launch date.
Q4. Is Studds a profitable company?
Yes, Studds has been profitable for over a decade with strong margins, consistent revenue growth, and minimal debt.
Q5. What is the Studds share price target for 2025?
Depending on market trends and IPO launch, the price could range between ₹800 to ₹1,000+ by 2025.
Final Verdict: Is Studds Accessories a Good Pre IPO Investment?
Studds Accessories Limited is one of the most promising pre IPO companies in India’s consumer durable sector. Its industry leadership, financial strength, product innovation, and export reach make it a compelling case for long-term investors.
If you're seeking early access to growth-oriented companies, Studds is worth considering. Join Ultra to explore this and other premium pre IPO opportunities.