Studds Accessories IPO Debuts: Shares Open Below Expectations on NSE and BSE

Studds Accessories shares made a weak debut on the Indian stock market, listing below the IPO price on both NSE and BSE despite a 73.25x subscription.

Published by Ecem EFE

7 November 2025, 16:03 published Updated 7 November 2025, 16:03

Studds Accessories IPO Opens Below Issue Price After 73.25x Subscription

Studds Accessories Ltd, the well-known manufacturer of two-wheeler helmets and motorcycle accessories, made its much-anticipated debut on the Indian stock market today. The IPO listing, which occurred on 7 November 2025, saw shares go live on both BSE and NSE, but opened below street expectations.

Studds Accessories: A Quick Company Overview

Studds Accessories Ltd is a leading player in the two-wheeler safety and accessory market. The company produces a wide range of helmets and motorcycle gear, selling products under the “Studds” and “SMK” brands. Other motorcycle accessories are marketed solely under the Studds label. The company has built a reputation for quality helmets, catering to a growing market of safety-conscious riders across India.

IPO Listing Price: Below Street Expectations

The Studds Accessories IPO listed at ₹565 per share on the NSE, reflecting a discount of ₹20 or 3.42% from the issue price of ₹585. On the BSE, the shares opened slightly higher at ₹570, still a discount of ₹15 or 2.56% from the IPO price.

This performance came as a surprise to many investors, as the Grey Market Premium (GMP) ahead of the listing had indicated a significant buzz. The GMP stood at ₹45 per share, signaling a potential debut at nearly 8% premium to the IPO price. Despite this positive pre-market sentiment, the shares failed to carry the same momentum into their initial trading session.

IPO Subscription Highlights

The Studds Accessories IPO was open from 30 October to 3 November 2025 and saw remarkable demand, being subscribed 73.25 times in total. This reflects strong investor interest and the growing appeal of the two-wheeler safety market.

Despite the high subscription, the soft listing indicates that market dynamics and investor sentiment at the time of debut may have tempered expectations. Analysts often cite such gaps between GMP and listing price as a natural adjustment as the market absorbs new equities.

Market Reaction and Investor Takeaways

The debut of Studds Accessories shares has created mixed reactions among investors and market watchers. While the company enjoys strong fundamentals in the two-wheeler accessory segment, the listing performance highlights the volatility and unpredictability inherent in IPO debuts.

Market analysts note that a softer-than-expected listing doesn’t necessarily reflect negatively on the long-term prospects of the company. In fact, Studds Accessories’ robust product portfolio, combined with brand recognition across India, positions it for potential future growth in both revenue and market presence.

Comparing NSE and BSE Listing

A quick comparison of the initial trading numbers shows slight differences between the two exchanges:

NSE Listing: ₹565 per share, down ₹20 from issue price (3.42% discount)
BSE Listing: ₹570 per share, down ₹15 from issue price (2.56% discount)

These numbers suggest that early trading dynamics were influenced by short-term market adjustments, with slight variations in buyer activity across the two exchanges.

The Road Ahead for Studds Accessories

With a successful subscription rate of over 73 times, Studds Accessories IPO demonstrates strong investor appetite for companies in the automotive safety segment. The soft opening is likely a temporary market reaction, and investors will be closely monitoring how the shares perform in the coming days as the market digests the new equity.

Analysts are keeping an eye on the following factors to gauge future performance:

Retail and institutional buying patterns post-listing
Market sentiment toward two-wheeler safety and accessories
General trends in the Indian stock market, especially in sectors related to automotive and mobility

The Studds Accessories IPO has officially entered the Indian stock market with a muted debut, offering investors an opportunity to assess the company’s value beyond the initial hype. While the shares opened slightly below expectations on both NSE and BSE, the high subscription rate and established brand presence suggest long-term growth potential.

As the first trading week unfolds, market watchers will be eager to see whether Studds Accessories can regain momentum and meet investor expectations in this competitive segment.