Description
Established in 1972, Studds Accessories’ journey to manufacturing 7 million helmets and other two-wheeler accessories per year initially started from a garage. Studds Accessories holds the distinction of being the world’s largest manufacturer of two-wheeler helmets and accessories, which include spare visors, jackets, and rainwear. The company grew from selling 58 lakh helmets in 2019 to 66 lakh in 2020 and 1.2 crore in 2021. The incredible growth rate of the company is enough to define the rising demand for the unlisted shares of Studs Accessory.
Studs Accessories is also the first laboratory in India to be certified by the European Safety Agency. The brand is known for using the best technologies to create certified products. Studs Accessories has a 25% market share in India and is an organized player in the unlisted stock market.
With a market capitalization of ₹2026.5m, Studs Accessories’ unlisted shares are bound to be in demand, so they are. The unlisted share price of Studs Accessories is priced at ₹ 1013.3 and its face value is ₹ 5 per equity share. While market capitalization is one of the key reasons for the success of Studs Accessories’ unlisted share price, helmet demand is another reason to pay attention to Studs Accessories’ unlisted shares. It is estimated that the demand for helmets, which constitutes the primary revenue-generating sector for Studds, will experience double-digit growth.
By the end of 2022, the helmet market is expected to grow by 25%, and with Studds being one of the largest producers (with the production of 35 million helmets per year), the company is planning its IPO soon. If you want to make profits then keep an eye on the stock price of Studs Accessories Company.
