Studds Accessories Limited (“Studds” or “the Company”) has announced that its Initial Public Offering (IPO) will open for subscription on Thursday, October 30, 2025, and close on Monday, November 3, 2025. The Anchor Investor bidding will open and close on Wednesday, October 29, 2025.
The price band has been fixed at ₹557 to ₹585 per equity share of face value ₹5 each. Investors can bid for a minimum of 25 equity shares and in multiples thereafter.
The IPO consists entirely of an Offer for Sale (OFS) of up to 7,786,120 equity shares by existing shareholders. The selling shareholders include Promoters Madhu Bhushan Khurana, Sidhartha Bhushan Khurana, and Chand Khurana, along with other individual and institutional shareholders.
The company has filed its Red Herring Prospectus (RHP) dated October 25, 2025, with the Registrar of Companies, Delhi and Haryana. The equity shares are proposed to be listed on both BSE and NSE, with BSE as the designated stock exchange.
IIFL Capital Services Limited and ICICI Securities Limited are the Book Running Lead Managers (BRLMs) to the issue.
The offer will be made through the Book Building Process in line with SEBI ICDR Regulations, with 50% reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors, and 35% for Retail Individual Investors.
