Recode Studios Ltd IPO
Price Range
₹150 - ₹158
-
Min. Quantity
1,600 Shares
Closes on
May 7, 2026
-
Min. investment
₹2,52,800
Recode Studios Ltd IPO Timeline
| Event | Date |
|---|---|
| Recode Studios Ltd IPO Opening Date | May 5, 2026 |
| Recode Studios Ltd IPO Closing Date | May 7, 2026 |
| Basis of Allotment | May 8, 2026 |
| Initiation of Refunds | May 11, 2026 |
| Credit of Shares to Demat | May 11, 2026 |
| Recode Studios Ltd IPO Listing Date | May 12, 2026 |
Recode Studios Ltd IPO Details
| Recode Studios Ltd IPO Date | May 5, 2026 to May 7, 2026 |
| Recode Studios Ltd IPO Face Value | ₹10 per share |
| Recode Studios Ltd IPO Price | ₹150 to ₹158 per share |
| Recode Studios Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹44.59 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹39.55 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹5.04 Cr) |
| Issue Type | Book Building - SME |
| Listing At | BSE - SME |
| QIB Shares Offered | Not more than 5,35,200 of the Net Offer |
| Retail Shares Offered | Not less than 9,37,600 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 5,48,000 of the Net Offer |
| Company Promoters | Dheeraj Bansal, Rahul Sachdeva, Shelly Bansal |
Recode Studios Ltd IPO Lot Size
The Recode Studios Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹2,52,800 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Omnichannel presence integrating offline and online platforms.
- COCO and FOFO retail network.
- Diverse product range beauty and personal care categories.
- Digital reach and online customer engagement.
- Led by experienced promoters and management team.
Company Financials
Recode Studios Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 23.18 | 47.94 | 3.30 |
| 03-2024 | 16.73 | 36.93 | 0.27 |
| 03-2023 | 12.53 | 22.44 | 0.69 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of Capital expenditure towards setup of a new Warehouse Facility at
- Marketing and Advertisement expenses toward enhancing the awareness and visibility of its brand
- Utilization towards Working Capital Requirements
- General Corporate Purposes
Recode Studios Ltd IPO Promoter Holding
| Pre Issue Share Holding | 9.13% |
| Post Issue Share Holding | 6.99% |
Recode Studios Ltd IPO Subscription Status (Bidding Detail)
The Recode Studios Ltd IPO is subscribed 217.89 times on May 7, 2026 05:00:00 PM. The public issue subscribed 216.6468 times in the retail category, 137.9851 times in the QIB category, and 298.0715 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 137.9851 | 298.0715 | 216.6468 | - | 217.89 |
Recode Studios Ltd IPO Prospectus
Recode Studios Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE - SME |
| ISIN | INE2B6701015 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
R-89 Phase V Focal Point,Ludhiana-141010
Phone: 0161-4752672
Email: info@recodestudios.com
Website: www.recodestudios.com
Recode Studios Ltd IPO Registrar
Recode Studios Ltd IPO Lead Manager(s)
- Seren Capital Private Limited
How to Check the Allotment Status of Recode Studios Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Recode Studios Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Recode Studios Ltd IPO
Recode Studios Limited was originally incorporated as 'Recode Studio Private Limited' on June 16, 2021, pursuant to a Certificate of Incorporation issued by Registrar of Companies, Punjab. Thereafter, Company was converted from private limited to public limited on September 16, 2025. Company is engaged in the business of beauty and cosmetics products.
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