Studds Accessories Ltd - IPO

Studds Accessories Ltd IPO Details

Initial public offering of up to 7,786,120 equity shares of face value of Rs. 5/- each (Equity Shares) of Studds Accessories Limited (the Company or the Issuer) for cash at a price of Rs. [*] per equity share (the Offer Price) aggregating up to Rs. [*] crores comprising an offer for sale of up to 3,800,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Madhu Bhushan Khurana and up to 800,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Sidhartha Bhushan Khurana (together the Promoter Selling Shareholders), up to 2,100,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Chand Khurana (the Promoter Group Selling Shareholder), up to 342,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Sanjay Leekha, up to 258,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Sanjay Leekha Jointly with Charu Leekha, up to 249,600 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Charu Leekha, up to 100,800 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Nisha Leekha, up to 57,600 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Nain Tara Mehta, up to 36,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Sunil Kumar Rastogi, up to 25,920 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by SE Shoes Private Limited, and up to 16,200 equity shares of face value of Rs. 5/- each aggregating up to Rs. [*] crores by Ajay Kumar Sakhuja, (Hereinafter as the Other Selling Shareholders, and together with the promoter selling shareholders and promoter group selling shareholder, the Selling Shareholders and such Offer by the Selling Shareholders, the Offer for Sale or Offer). The face value of the equity share is Rs. 5/- each and the offer price is [*] times the face value of the equity shares. The price band and minimum bid lot will be decided by the company.

Objective of issue

Listing the equity shares on the Stock Exchanges.

Studds Accessories Ltd Contact Details

Studds Accessories Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - secretarial@studds.com

Website - www.studds.com