Studds IPO tests valuation depth across premium protective gear category

Studds Accessories IPO aims to mobilise ₹455.59 crore entirely via offer-for-sale at a band of ₹557-585 per share. The company operates in mid-premium motorcycle helmets and riding accessories, a segment benefiting from rising two-wheeler formalisation compliance, safer helmet penetration, and growth in organised distribution. For allocators tracking SME to mid-cap upgrades, Studds represents a signalling event around India’s rising discretionary protective gear consumption curve. The allotment is expected by November 4 and will help test appetite in non-electronics discretionary vertical brands this earnings cycle.