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Recode Studios IPO Review

BSE SMEListed

Cosmetic · Listed on BSE · 05 May 2026 - 07 May 2026

Jagat JoshiJagat Joshi
November 2, 2026
Issue Size
45.00 Cr
Price Band
₹150.00 - ₹158.00
Lot Size
800 Shares
Min Investment
₹2,52,800
GMP
₹43
Subscription
234.64x
₹6,954.78 Cr
IPO Timeline
IPO OpensDONE
05 May 2026
IPO ClosesDONE
07 May 2026
Basis of AllotmentDONE
08 May 2026
RefundsDONE
11 May 2026
Demat CreditDONE
11 May 2026
ListingDONE
12 May 2026

About Recode Studios IPO

Recode Studios IPO open date is May 5, 2026 and the IPO will close on May 7, 2026. Recode Studios IPO is a Bookbuilding IPO Issue. The company to raise around ₹45 crores via IPO that comprises fresh issue of ₹39.55 crores and offer for sale up to 3,19,200 equity shares with face value of ₹10 each.

Recode Studios IPO price band is ₹150 to ₹158 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Recode Studios IPO to list on BSE SME on May 12, 2026. The allotment of Recode Studios IPO date is May 8, 2026.

The company reported revenue of ₹47.94 crores in 2025 against ₹36.93 crores in 2024. The company reported profit of ₹3.30 crores in 2025 against profit of ₹0.27 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

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