
Studds Accessories Ltd IPO
BSELot: 25Plastic products
About Studds Accessories Ltd
Studds Accessories Ltd. is the largest manufacturer of helmets in India and among the leading globally, catering to both domestic and international markets. They also manufacture motorcycle accessories and related products.
Subscription Status
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 159.99x | 0.04x | 0.02x |
| NII | 76.99x | 9.62x | 2.14x |
| Retail | 22.08x | 6.03x | 2.16x |
| Total | 73.25x | 5.08x | 1.55x |
Risk Factors
Promoters & Management
The management team of Studds Accessories Limited comprises experienced professionals and is led by its promoters. Madhu Bhushan Khurana serves as the Chairman and Managing Director, bringing nearly 42 years of experience in the helmet and motorcycle accessories business. Sidhartha Bhushan Khurana holds the position of Managing Director, with over 25 years of experience in business administration, finance, strategy, and manufacturing. Shilpa Arora is the Whole-time Director and Global Sales Head, responsible for growing international sales and leading marketing efforts. Other key managerial personnel include Manish Mehta, the Chief Financial Officer, and Asha Mittal, the Company Secretary and Compliance Officer. The document also mentions the presence of independent directors on the board, including Pankaj Duhan, Deepshikha Singla, and Shishira Rudrappa. The management team's expertise and strategic vision are considered key strengths of the company.