Studds Accessories Ltd. has announced public offering of 7786120 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 580.00 per share. The gross proceeds of the issue are expected to be Rs 45,548.80 lakhs.
The company's initial public offer (IPO) will open on 30 October 2025 and is expected to close on 03 November 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 557.00-585.00 per share.
The IPO includes a fresh Issue of 7786120 Equity Shares of the Company at an price of Rs 585.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 25 shares with bids in multiples of 25.
Studds Accessories Ltd. anticipates using the proceeds of the issue for .
ICICI SECURITIES LTD,IIFL Capital Services Limited as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.