AnandRathi

Recode Studios Ltd IPO

SME

Price Band

₹150-158

Issue Size

₹44.59 Cr

Lot Size

1600

Open Date

5 May 2026

Close Date

7 May 2026

Listing Date

12 May 2026

This IPO is Closed

About Recode Studios Ltd

The Company is a beauty and personal care (BPC) company operating in the beauty, cosmetics and personal care segment in India. Its business primarily involves the branding, procurement and distribution of beauty and personal care products under the Recode brand. The Company operates through an omnichannel distribution network, which comprises Company-Owned Company-Operated (COCO) retail stores, Franchisee-Owned Franchisee-Operated (FOFO) stores, third-party e-commerce platforms and our proprietary website and mobile application.

Recode Studios Ltd IPO Timeline

Track key IPO dates — from opening and closing to allotment, refund, and listing.

IPO Open Date

5 May 2026

IPO Close Date

7 May 2026

Allotment Date

8 May 2026

Refund Date

11 May 2026

Credit to Demat

11 May 2026

Listing Date

12 May 2026

Recode Studios Ltd IPO Subscription Status

See how the issue is being subscribed across QIB, NII, Retail, and Employee categories.

DateQIBNIIRIIEmployeeTotal
5 May 20263.51x3.76x4.63x0.00x4.10x
6 May 20263.54x41.77x40.56x0.00x31.08x
7 May 2026137.99x298.07x216.65x0.00x217.89x

Recode Studios Ltd IPO Financials

A quick look at revenue, EBITDA, profit, and net worth over the last three years.

Consolidated financials data not available.

Recode Studios Ltd IPO Strengths

  • 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.

Recode Studios Ltd IPO Reservation

See what share of the issue is reserved for Retail, QIB, NII, and Anchor investors.

Retail33.22%
QIB18.96%
NII / HNI14.29%
Anchor Investors28.4%
Market Makers5.13%
CategoryShares Offered% of Total
Retail9,37,60033.22%
QIB5,35,20018.96%
NII / HNI4,03,20014.29%
Anchor Investors8,01,60028.4%
Market Makers1,44,8005.13%
Total28,22,400100%

Recode Studios Ltd Registrar & Company Details

Registrar

Mudra RTA Ventures Pvt Ltd

B-117 3rd Floor, DDA Shed Okhla Inds., Area Phase I, New Delhi -110020

91-9958808069

ipo@mudrarta.com

www.mudrarta.com

Company

Recode Studios Ltd

R-89 Phase V Focal Point, Ludhiana, 141010

0161-4752672

info@recodestudios.com

CIN: U74999PB2021PLC053619

http://www.recodestudios.com

Disclaimer

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