Recode Studios Limited
ListedSMEConsumer Discretionary · BSE
Recode Studio, incorporated in 2021, is an Indian beauty and personal care company operating under the brand “Recode,” offering over 350 SKUs across makeup, skincare, body care, and beauty accessories. The company sells its products through an omnichannel network that includes company-owned stores (COCO), franchise stores (FOFO), third-party e-commerce platforms, and its own website and app, with offline sales via COCO and FOFO stores and online sales through platforms like Amazon, Nykaa, Myntra, and Flipkart. As of September 30, 2025, it operates 24 stores across 14 states, comprising 3 COCO and 21 FOFO stores, with all products manufactured by third-party manufacturers in India.
Price Band
₹150 – ₹158
Issue Size
₹282.24 L Cr
Lot Size
800 shares
GMP
₹35
+22.1%
Est. Listing
₹193
at current GMP
Subscribed
234.71x
overall
Open
5 May 2026
Close
7 May 2026
Allotment
8 May 2026
Refund
9 May 2026
Demat Credit
10 May 2026
Listing
12 May 2026
Last updated 5 months ago
Official Registrar Verification
Recode Studios Limited Allotment Status
Designated Registrar: Mudra RTA Ventures Private Limited
Allotment Date
8 May 2026
Basis finalization
Refunds Initiate
9 May 2026
Mandate release
Demat Credit
10 May 2026
Shares in demat
Listing Debut
12 May 2026
Trading begins
How to Check Recode Studios Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Mudra RTA Ventures Private Limited's allotment portal.
- Select Recode Studios Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Recode Studios Limited Public Issue & Market Profile
Recode Studios Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹28,22,400 Crores. The shares are offered at a price band of ₹150 to ₹158 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,26,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Mudra RTA Ventures Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-05-10, while un-allotted funds or UPI block mandates will be released on 2026-05-09.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.