| Category | Subscription | Shares Offered | % of Total | Amount (₹Cr) |
|---|---|---|---|---|
|
Market Maker
|
Awaited |
144,800
|
— | ₹2.29 |
|
QIB
|
Over 1.00x
|
1,336,800
|
— | ₹21.12 |
|
NII / HNI
|
Over 1.00x
|
403,200
|
— | ₹6.37 |
|
Retail
|
Over 1.00x
|
937,600
|
— | ₹14.81 |
| Total | 1.00x | 2,822,400 |
100% | ₹44.59 |
| Category | Shares Offered | Amount (₹Cr) | Size (%) |
|---|---|---|---|
| QIB | 1,336,800 | ₹21.12 |
47.36%
|
| Market Maker | 144,800 | ₹2.29 |
5.13%
|
| NII | 403,200 | ₹6.37 |
14.29%
|
| Retail | 937,600 | ₹14.81 |
33.22%
|
| Total | 2,822,400 | ₹44.59 |
100.00%
|
| QIB | NII | Retail | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (shares) | — | — | — | — | — | 403,200 | 937,600 | 1,340,800 |
| Allotment price (₹) | 158 | 158 | 158 | 158 | 158 | 158 | 158 | 158 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (₹Cr) | — | — | — | — | — | — | ₹14.81 | ₹14.81 |
| Times subscribed | 1 | — | — | — | — | 1 | 1 | 1 |
| Shares allotted | — | — | — | — | — | 403,200 | 937,600 | 1,340,800 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 1,600 | ₹252,800 |
| Retail (Max — 13 Lots) | 13 | 10,400 | ₹1,643,200 |
| S-HNI (Min — 14 Lots) | 14 | 11,200 | ₹1,769,600 |
| B-HNI (Min — 68 Lots) | 68 | 54,400 | ₹8,595,200 |
Recode Studios Ltd is proposing an IPO on BSE SME under the SME category. Total issue: 28,22,400 shares (agg. up to ₹45 Cr).
Opens 05 May 2026, closes 07 May 2026. Listing: 12 May 2026. Apply via ASBA or UPI.
| Particulars | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 57.45 | 47.94 | 36.93 |
| EBITDA | 13.34 | 6.13 | 1.67 |
| Profit After Tax (PAT) | 9.06 | 3.30 | 0.27 |
| Net Worth | 17.84 | 8.77 | 5.47 |
| Total Assets | 28.33 | 23.18 | 16.73 |
| Reserves & Surplus | 9.70 | 8.76 | 5.46 |
| Borrowings | N/A | 7.56 | 7.85 |
| EBITDA Margin (%) | 23.24 | — | — |
| PAT Margin (%) | 15.79 | — | — |
Recode Studios Ltd IPO is subscribed 1.00 times by May 07, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional (QIB) | 1.00x |
| Non Institutional (NII/HNI) | 1.00x |
| Retail Individual | 1.00x |
| Total Subscription | 1.00x |
The Recode Studios Ltd IPO retail category is subscribed 1.00 times as of 07 May 2026. The retail portion is oversubscribed.
Subscribe via your broker app using ASBA or UPI. Opens 05 May 2026 and closes 07 May 2026. Min investment: ₹126,400 (1 lot = 800 shares). UPI mandate: 5:00 PM on 07 May 2026.
The Recode Studios Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.
Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 13 May 2026. Refunds: on 14 May 2026.
The Recode Studios Ltd IPO listing date is 12 May 2026, Tuesday. Listed on: BSE SME. Issue price: ₹158. Estimated listing: ₹206. GMP: +₹48.
The Recode Studios Ltd IPO closes on 07 May 2026, Thursday. UPI mandate: 5:00 PM on 07 May 2026. Allotment: 13 May 2026. Listing: 12 May 2026.