Studds Accessories Limited (“Studds” or “The Company”), proposes to open the Bid / Offer Period in relation to its initial public offer of the Equity Shares (“Offer”) on Thursday, October 30, 2025.

The Total Offer Size comprises an offer for sale of up to 7,786,120 Equity Shares (“Offer for Sale”) by certain existing shareholders of the Company (the “Selling Shareholders”). (The “Total Offer Size”).

The Offer for Sale comprises Up to 3,800,000 Equity Shares by Madhu Bhushan Khurana, Up to 800,000 Equity Shares  by Sidhartha  Bhushan Khurana , Up to 2,100,000 Equity Shares by Chand Khurana (“ Together the Promoter Selling Shareholders”)  and  Up to 342,000 Equity Shares by Sanjay Leekha,  Up to 258,000 Equity Shares by Sanjay Leekha jointly with Charu Leekha, Up to 249,600 Equity Shares by Charu Leekha, Up to 100,800 Equity Shares by Nisha Leekha, Up to 57,600 Equity Shares by Nain Tara Mehta, Up to 36,000 Equity Shares by Sunil Kumar Rastogi, Up to 25,920 Equity Shares by SE Shoes Private Limited, Up to 16,200 Equity Shares by Ajay Kumar Sakhuja (“ Other Selling Shareholders”) collectively  (“The Selling Shareholders”)

The Anchor Investor Bid/Offer Period opens and closes on Wednesday, October 29, 2025. The Bid/Offer Period will open on Thursday, October 30, 2025 for subscription and close on Monday, November 3, 2025.

The Price Band of the Offer has been fixed at ₹ 557 to ₹ 585 per Equity Share. Bids can be made for a minimum of 25 Equity Shares and in multiples of 25 Equity Shares thereafter.

The Equity Shares are being offered through the Red Herring Prospectus (“RHP”) of the Company dated October 25, 2025 filed with the Registrar of Companies, Delhi and Haryana at New Delhi (the “RoC”).

The Equity Shares to be offered through the Red Herring Prospectus dated October 25, 2025 are proposed to be listed on the stock exchanges being BSE Limited and National Stock Exchange of India Limited. For the purposes of the Offer, BSE Limited is the Designated Stock Exchange.

IIFL Capital Services Limited (formerly known as IIFL Securities limited) and ICICI Securities Limited are the Book Running Lead Managers to the Offer.

All capitalised terms used herein but not defined shall have the same meaning as ascribed to them in the RHP.

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The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (the “SCRR”), read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process in accordance with Regulation 6(1) of the SEBI ICDR Regulations, wherein not more than 50% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (the “QIB Category”), provided that our Company in consultation with the BRLMs, may allocate up to 60% of the QIB Category to Anchor Investors, on a discretionary basis (the “Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which Equity Shares are allocated to Anchor Investors. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Category (excluding the Anchor Investor Portion) (the “Net QIB Category”).

Further, 5% of the Net QIB Category shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Category shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Offer Price.

Further, not less than 15% of the Offer shall be available for allocation to Non-Institutional Investors (“Non-Institutional Category”), in accordance with the SEBI ICDR Regulations, of which one-third of the Non-Institutional Category shall be available for allocation to Bidders with a Bid size of more than ₹200,000 and up to ₹1,000,000 and two-thirds of the Non-Institutional Category shall be available for allocation to Bidders with a Bid size of more than ₹1,000,000 and under-subscription in either of these two subcategories of the Non-Institutional Category may be allocated to Bidders in the other sub-category of the Non-Institutional Category in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price.

Further, not less than 35% of the Offer shall be available for allocation to Retail Individual Investors (“Retail Category”), in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price. All Bidders (except Anchor Investors) shall mandatorily participate in this Offer only through the Application Supported by Blocked Amount (“ASBA”) process and shall provide details of their respective bank account (including UPI ID in case of UPI Bidders ) in which the Bid Amount will be blocked by the Self Certified Syndicate Banks (“SCSBs”) or the Sponsor Bank(s), as the case may be. Anchor Investors are not permitted to participate in the Offer through the ASBA process. For details, see “Offer Procedure” beginning on page 403 of the RHP.