Monday, 18 June 2018

STUDDS ACCESSORIES LIMITED – UPCOMING IPO


Studds Accessories Ltd world’s leading brand for Helmets & 2 Wheeler accessories enjoying market share of approx. 10% in the city like New Delhi, wherein in Mumbai, it has commanded a market share of 70 – 80%, to come up with an IPO worth Rs. 600 Crs in its recent EGM to be held on 7th July, 2018.

THE POINTS OF DISCUSSION UNDER EGM 7TH JULY, 2018:

  • Subdivision of Face Value from Rs.10 each to Rs.5.
  • After Subdivision there shall be bonus issue of share in ratio of 8 shares against one share held.
  • To raise funds via. IPO worth Rs.600 crs.
  • To increases FII investment limit from 24% to 49% and NRI investment limit from 10% to 24%.
(Note- Record date for the above agenda is 7th July, 2018)



Thus based on the alteration in the capital structure, expansion program of STUDDS and strong financial performance over the years, we recommend “BUY” for Studds Accessories Ltd.

Read More – Detail Report on Studds Accessories Ltd |


For buying and selling any unquoted / unlisted / delisted or suspended shares in physical or demat you can reach us at Contact No.91+ 09215709100 or Email us on mittalmanish2003@gmail.com



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