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Recode Studios IPO

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IPO Rating

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Growth Score fund-quick-summary-circle

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Recode Studios IPO Details

  • Bidding Date

    05-May-2026 to
    07-May-2026

  • Issue Size

    ₹44.59 Cr

  • Price Band

    ₹150 to ₹158

  • Allotment date

    08-May-2026

  • Listing date

    12-May-2026

  • Lot size

    800

  • No. of shares

    28,22,400

  • Fresh issue/OFS

    ₹39.55 Cr/₹5.04 Cr

About Recode Studios Company

Recode Studios was incorporated in 2021 in Ludhiana, Punjab, and has developed from a beauty and personal care brand into a broader consumer platform focused on makeup, skincare, haircare, grooming appliances, wellness, and related lifestyle categories. Its core business centers on manufacturing, marketing, and selling beauty products under the Recode brand, supported by a curated marketplace model that also features third-party brands and a growing network of entrepreneur-led Micro Business Operators. The company’s strengths lie in affordable product positioning, category expansion, and direct customer engagement through workshops, masterclasses, and partner support, which help it build brand loyalty and adapt to demand in tier II and tier III markets. It serves end consumers and distribution partners by emphasizing accessibility, product variety, and a retail model that combines digital reach with on-ground community engagement.

Subscription Status

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Recode Studios Financials

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FAQs for Recode Studios IPO.

The issue size of Recode Studios is ₹44.59 Cr.

Recode Studios falls into Household & Personal Products industry.

The Recode Studios IPO will be listed on NSE.

The open and close dates for the Recode Studios are 05-May-2026 & 07-May-2026.

The price band for the Recode Studios ipo is ₹150 to ₹158

The listing date of Recode Studios IPO is 12-May-2026.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Key financial of the Recode Studios are:


Recode Studios FY-25 FY-24 FY-23
Revenue (₹ Cr) 47.8 36.82 22.38
EBIT (₹ Cr) 5.54 1.18 1.24
Proft after Tax (₹ Cr) 3.3 0.27 0.69
Debt (₹ Cr) 7.56 7.85 3.79
Net Worth (₹ Cr) 8.77 5.47 5.2
RoE (%) 37.64 5.01 13.33

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