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. 585 per equity share (the "Offer Price") aggregating up to Rs. 455.49 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. 222.30 crores by Madhu Bhushan Khurana and up to 800,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. 46.80 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. 122.85 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. 20.01 crores by Sanjay Leekha, up to 258,000 equity shares of face value of Rs. 5/- each aggregating up to Rs. 15.09 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. 14.60 crores by Charu Leekha, up to 100,800 equity shares of face value of Rs. 5/- each aggregating up to Rs. 5.90 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. 2.11 crores by Sunil Kumar Rastogi, up to 25,920 equity shares of face value of Rs. 5/- each aggregating up to Rs. 1.52 crores by SE Shoes Private Limited, and up to 16,200 equity shares of face value of Rs. 5/- each aggregating up to Rs. 0.95 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").