BSE - SMEListed
Recode Studios Limited plans to raise ₹28,22,400 crore via IPO. That includes a fresh infusion of ₹25,03,200 crore and an OFS worth ₹3,19,200 crore.
Apply from 05-05-2026 until 07-05-2026. Allotment and tentative listing are scheduled for 08-05-2026 and 12-05-2026. Quick tip: check lot size and valuation before bidding.
Start Date05-05-2026
End Date07-05-2026
Listing Date12-05-2026
Allotment Date08-05-2026
Current Price₹213.10
GMP₹35 (22.15%)
Lot Size800 Shares
Subscription234.71 Times
Face Value₹10 per share
Listing atBSE
Issue Price₹150 - ₹158
Pre Issue₹81,41,144
Post Issue₹1,06,45,144
Issue Size₹28,22,400
(aggregating up to 44.59 Cr)
Fresh Issue₹25,03,200
(aggregating up to 39.55 Cr)
Offer For Sale₹3,19,200
(aggregating up to 5.04 Cr)
Advertisement
The Grey Market Premium (GMP) for Recode Studios Limited is currently around ₹35 (22.15%). This indicates an estimated listing price of approximately ₹185 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.

Gmp Details

Last UpdatedIPO PriceGMPEstimated Listing Price
11 May 2026, 10:45
₹158
₹35
₹193 (22.15%)
11 May 2026, 04:39
₹158
₹38
₹196 (24.05%)
10 May 2026, 17:21
₹158
₹42
₹200 (26.58%)
10 May 2026, 04:40
₹158
₹43
₹201 (27.22%)
09 May 2026, 08:22
₹158
₹38
₹196 (24.05%)
09 May 2026, 12:44
₹158
₹40
₹198 (25.32%)
08 May 2026, 12:53
₹158
₹36
₹194 (22.78%)
05 May 2026, 06:34
₹158
₹35
₹193 (22.15%)
04 May 2026, 04:09
₹158
₹34
₹192 (21.52%)
30 Apr 2026, 07:14
₹158
₹31
₹189 (19.62%)
30 Apr 2026, 05:18
₹158
₹22
₹180 (13.92%)
30 Apr 2026, 05:40
₹158
₹29
₹187 (18.35%)
30 Apr 2026, 05:06
₹158
₹18
₹176 (11.39%)
29 Apr 2026, 12:07
₹158
₹13
₹171 (8.23%)
31 Mar 2026, 08:54
₹158
₹0
₹158 (0.00%)

Financials overview In Crores

Here is a quick look at the recent financial performance of Recode Studios Limited . The numbers below ( In Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.

Key Performance

KPIDec-25Mar-25Mar-24
EPS
11.13
4.06
0.34
ROE
0
0
0
ROCE
0
0
0
RONW
50.80
37.64
5.01
PRE IPO(PE)
0
38.94
0
POST IPO(PE)
13.92
0
0

Subscription Details (No. of Shares)

The below shows how many shares were subscribed by each investor category in the Recode Studios Limited IPO. These numbers help you understand where the demand is coming from – whether it’s retail investors, QIBs, or NIBs. Higher subscription usually indicates strong interest and confidence from the market.

Subscription Demand (in ₹ Crore)

CategoryOfferedDemandTimes
QIBs
₹8.46
1166.82
137.92
FIIs
₹0
257.75
0.00
Mutual Funds
₹0
1.07
0.00
Others
₹0
775.63
0.00
RETAIL
₹14.81
3209.42
216.71
HNIs 2+
₹2.12
516.5
243.63
HNIs 10+
₹4.25
2064.33
485.72
Total
₹29.64
6957.07
234.72

Application Wise Breakup (Approx. no of Apps)

CategoryReservedAppliedTimes
QIB
0
117
0.00
NIB
0
32,135
0.00
RETAIL
586
1,26,955
216.65
EMPLOYEES
0
0
0.00
HNIs(10L +)
112
19,325
172.54
HNIs (2-10L)
56
12,810
228.75
Shareholder
0
0
0.00
Total
754
1,59,090
210.99
The IPO reservation for Recode Studios Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.

IPO Reservation

CategoryShares OffersNo. of Shares
Anchor
28.40%
8,01,600
QIB
18.96%
5,35,200
HNI
14.29%
4,03,200
RETAIL
33.22%
9,37,600
Market Maker
5.13%
1,44,800
TOTAL
100.00%
28,22,400

Lot(s) Distribution

CategoryLot(s)QtyAmountReserved
Retail (Min)
2
1,600
₹2,52,800
0
sHNI
3
2,400
₹3,79,200
0
bHNI
8
6,400
₹10,11,200
0
Below you can find the official contact details of Recode Studios Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.

Company Details

Phone: 0161- 4752672
Address: R-89, Phase V, Focal Point, Ludhiana, Punjab, 141010

IPO Registrar

Name: Mudra RTA Ventures Private Limited
Phone: +919870297591
Advertisement