Recode Studios IPO GMP, Grey Market Premium Today

Check out Recode Studios IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Recode Studios IPO GMP is started in grey market. Stay tuned for the latest IPO GMP numbers of Recode Studios IPO.

Recode Studios IPO GMP made a high of ₹52 on 30th April, whereas the low of ₹35 on 1st May.
Recode Studios IPO

Recode Studios IPO is to open on May 5, 2026. It is an SME IPO that will raise ₹45 crores. The Recode Studios IPO price band is fixed at ₹150 to ₹158 with a market lot of 1600 Shares.

Recode Studios IPO GMP Live Rates day by day.

DateIPO GMPGMP TrendGain
12 May₹43IPO GMP Down27.22%
11 May₹50IPO GMP UP31.65%
9 May₹43IPO GMP UP27.22%
8 May₹42IPO GMP Down26.58%
7 May₹44IPO GMP UP27.85%
6 May₹44IPO GMP UP27.85%
5 May₹40IPO GMP Down25.32%
4 May₹45IPO GMP UP28.48%
2 May₹37IPO GMP Down23.42%
1 May₹40IPO GMP Down25.32%
30 April₹52IPO GMP UP32.91%
29 April₹--%

Recode Studios IPO Details

IPO Open DateMay 5, 2026
IPO Close DateMay 7, 2026
Face Value₹10 Per Equity Share
IPO Price Band₹150 to ₹158 Per Share
Issue SizeApprox ₹45 Crores
Fresh IssueApprox ₹39.55 Crores
Offer for Sale:Approx 3,19,200 Equity Shares
Issue TypeBook Building Issue
IPO ListingBSE SME
DRHP Draft ProspectusPDF
RHP Draft ProspectusPDF

Recode Studios IPO Dates

IPO Open Date:May 5, 2026
IPO Close Date:May 7, 2026
Basis of Allotment:May 8, 2026
Refunds:May 11, 2026
Credit to Demat Account:May 11, 2026
IPO Listing Date:May 12, 2026
IPO Bidding Cut-off Time:May 7, 2026 – 5 PM

Business Overview

Recode Studio was founded in 2021 and is known as an Indian beauty and personal care brand. They focus on creating great branding, sourcing top-notch products and selling them all across India. 

Further, they lineup covers makeup, skincare, body care, and beauty tools. They have around 350 products in various categories and prices, like face, eye and lip categories and lip makeup. Plus face and body essentials. 

As of September 30, 2025, they’ve got 24 stores up and running across 14 states in India. That’s 3 company-owned and run spots (COCO) plus 21 franchise-owned and operated ones (FOFO). 


Recode Studios IPO GMP aka Grey Market Premium FAQs:


What is Recode Studios IPO GMP Today?

Recode Studios IPO GMP is ₹43 as of today.

What is Recode Studios IPO Expected Returns?

Recode Studios IPO Expected Returns is 27.22%.

Disclaimer:

  • IPO Grey Market Premium (Recode Studios IPO GMP) mention is valid for the specific date as mentioned in the header.
  • We are not buying and selling IPO forms on IPO Grey Market.
  • Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
  • Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.

Table of Contents

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Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.
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Jagat Joshi

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