1. Funding of Capital expenditure towards setup of a new Warehouse at Ludhiana, Punjab;
2. Marketing and Advertisement expenses towards enhancing the awareness and visibility of our brand;
3. Utilization towards working capital requirements; and
4. General corporate purposes.
...
ily involves the branding, procurement and distribution of beauty and personal care products under the “Recode” brand. We operate through an omnichannel distribution network, which comprises Company-Owned Company-Operated (“COCO”) retail stores, Franchisee-Owned Franchisee-Operated (“FOFO”) stores, third-party e-commerce platforms and our proprietary website and mobile application. We offer a diversified portfolio of products across make-up, skincare, body care and beauty accessories, catering to a wide range of consumer preferences and usage occasions. As of the date of this DRHP, our Company offers approximately 350+ Stock Keeping Units (“SKUs”) across multiple categories and price points. Our product portfolio includes face make-up, eye make-up, lip makeup, face and body care products and beauty accessories. Our omnichannel distribution model enables us to distribute our products through both offline and online channels, allowing customers to purchase our products through physical retail outlets as well as digital platforms. Offline distribution is carried out through a combination of COCO stores, which are directly operated by the Company and FOFO stores, which are operated by independent franchise partners. Online distribution is undertaken through our own website (www.shop.recodestudios.com) and mobile application (Recode Studios), as well as through third-party e-commerce marketplaces such as Amazon, Nykaa, Myntra and Flipkart. The “Recode” brand was established in the year 2018 under the partnership firm, M/s Lush Looks, by five of our existing Promoters, namely, Mr. Rahul Sachdeva, Ms. Shelly Bansal, Ms. Preeti Trehan, Ms. Neetu Bansal and Ms. Shalini Trehan. Subsequent to the incorporation of our Company in 2021, the business operations of M/s Lush Looks were gradually transferred to the Company and by the end of the financial year 2022–23, the entire business was being carried on by the Company. Read MoreMudra RTA Ventures Pvt Ltd.
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The issue size of Recode Studios Ltd. IPO is ₹0.00 - 0.00 crore.
The Recode Studios Ltd. IPO opens for subscription on and closes on .
The price range of Recode Studios Ltd. IPO is ₹0.00 to ₹0.00.
The lot size of Recode Studios Ltd. IPO is shares.
The registrar of Recode Studios Ltd. IPO is Mudra RTA Ventures Pvt Ltd..
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