Studds Accessories Limited Opens IPO on October 30, 2025

Studds Accessories Limited has announced the opening of its initial public offering, scheduled to commence on October 30, 2025, and conclude on November 3, 2025. The anchor investor bidding window will open and close on October 29, 2025.

The company has established a price band of ₹557 to ₹585 per equity share, with a face value of ₹5 each. Investors can submit bids for a minimum of 25 equity shares and in multiples of 25 shares thereafter.

The offering consists entirely of an offer for sale, with no fresh issue component. Among the selling shareholders, promoters Madhu Bhushan Khurana, Sidhartha Bhushan Khurana, and Chand Khurana are collectively offering up to 6,700,000 equity shares. Additional shares are being offered by other existing shareholders including Sanjay Leekha, Charu Leekha, and others.

IIFL Capital Services Limited and ICICI Securities Limited serve as the book running lead managers for the transaction. The equity shares will be listed on BSE Limited and the National Stock Exchange of India Limited, with BSE designated as the primary stock exchange.

The offering follows the book building process in accordance with SEBI ICDR Regulations. Up to 50 percent of the offer is allocated to qualified institutional buyers, with provisions for anchor investor participation. Non-institutional investors will receive at least 15 percent allocation, while retail individual investors are guaranteed a minimum 35 percent allocation.

All bidders, excluding anchor investors, must participate through the ASBA process, providing bank account details where bid amounts will be blocked during the subscription period.

The Red Herring Prospectus dated October 25, 2025, has been filed with the Registrar of Companies, Delhi and Haryana. The document is available on the company's website and the websites of regulatory bodies and stock exchanges.

The company has cautioned potential investors that equity investments carry inherent risks, directing them to review the risk factors detailed in the prospectus before making investment decisions.