SME • IPO

Recode Studios IPO (BSE SME) IPO

Minimum Investment

₹126,400

Price Range

₹150 to ₹158

Lot Size

800 shares

Issue Size

₹45 Cr

About the Company

Issue Type

Bookbuilding IPO

IPO Objectives

  • Funding of Capital expenditure towards setup of a new Warehouse Facility at Ludhiana, Punjab
  • Marketing and Advertisement expenses toward enhancing the awareness and visibility of our brand Utilization towards Working Capital Requirements
  • General Corporate Purposes

Important Dates

Bid/Offer Opens On05-05-2026
Bid/Offer Closes On07-05-2026
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat
IPO Listing Date

IPO Subscription Status

Subscription snapshot as of 07-05-2026 23:55 IST.
Category Offered Shares Applied Shares Times
QIB 535,200 73,849,600 137.99x
NII 403,200 163,343,200 405.12x
NII ( >10 lakh) 268,800 130,653,600 486.06x
NII ( <10 lakh) 134,400 32,689,600 243.23x
Retail 937,600 203,128,000 216.65x
Total 1,876,000 440,320,800 234.71x

Grey Market Premium (GMP)

Registrar

Mudra RTA Ventures Private Limited

Lead Managers

  • Seren Capital Pvt.Ltd.

Company Promoters

  • Dheeraj Bansal
  • Rahul Sachdeva
  • Shelly Bansal
  • Shalini Trehan
  • Preeti Trehan
  • and Karan Bansal are the company promoters.\r\n