Latest IPO Information

Recode Studios Ltd. IPO

IPO Date: May 5 to May 7 2026

Listing Date: May 12 2026

Objective

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.

IPO Details

Face Value ₹ 10.00 Per Share
Issue Size ₹ 30.31 - 31.93 Cr
Price Band ₹ 150.00 - ₹ 158.00 Per Share
Market LOT 1600 shares
Issue Type Book building

About Company

We are a beauty and personal care (“BPC”) company operating in the beauty, cosmetics and personal care segment in India. Our business primarily 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 More
Address

R-89, Phase V Focal Point

City

Ludhiana

State

Punjab

Pincode

141010

Phone

0161 4752672

Email

info@recodestudios.com / support@recodestudios.com

Website

www.recodestudios.com

About IPO

Listed At BSE
Lead Manager Seren Capital Pvt Ltd.
Promoters
Shelly Bansal
Dheeraj Bansal
Shalini Trehan
Preeti Trehan
Karan Bansal
Rahul Sachdeva

Promoter's Holding

Registrar

Mudra RTA Ventures Pvt Ltd.

91-9958808069
ipo@mudrarta.com
www.mudrarta.com

Latest News

Sep
23
2026
EQUITY Posted on Sep 23rd 2026

Recode Studios informs about analyst meet

Pursuant to the relevant provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Recode Studios has informed that the officials of the Company will be attending the Arihant Capital - Bharat Connect Conference: Rising Stars - September 2026 on September 30, 2026 at 12:00 noon onwards. The discussions during the meeting will be based solely on information that is already available in the public domain. No unpublished price sensitive information (UPSI) is intended to be discussed during the interactions. 

The above information is a part of company’s filings submitted to BSE.

Read More
Sep
10
2026
EQUITY Posted on Sep 10th 2026

Recode Studios informs about press release

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Recode Studios has submitted a copy of the Press Release titled 'Recode Studios forays into quick-commerce space with Nykaa Now'. The Press Release highlights the Company's entry into the quick-commerce segment through Nykaa's 60-minute delivery service, Nykaa Now, making its beauty and personal care portfolio accessible to consumers across the top seven cities. The initiative forms part of the Company's broader omnichannel expansion strategy, aimed at enhancing product accessibility, faster fulfillment and digital reach. Further, Recode Studios is also live on Nykaa Superstore, Nykaa's B2B platform, which is expected to strengthen the Company's distribution reach across Tier 2 and Tier 3 cities.
The above information is a part of company's filings submitted to BSE.
Read More
Sep
10
2026
EQUITY Posted on Sep 10th 2026

Recode Studios informs about press release

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Recode Studios has submitted a copy of the Press Release titled ‘Recode Studios forays into quickcommerce space with Nykaa Now’. The Press Release highlights the Company’s entry into the quick-commerce segment through Nykaa’s 60-minute delivery service, Nykaa Now, making its beauty and personal care portfolio accessible to consumers across the top seven cities. The initiative forms part of the Company’s broader omnichannel expansion strategy, aimed at enhancing product accessibility, faster fulfilment and digital reach. Further, Recode Studios is also live on Nykaa Superstore, Nykaa’s B2B platform, which is expected to strengthen the Company’s distribution reach across Tier 2 and Tier 3 cities.
The above information is a part of company’s filings submitted to BSE.
Read More
Oct
23
2026
EQUITY Posted on Oct 23rd 2026

FIIs were net sellers of Rs 7187.65 crore in index futures and options segments on October 22

According to the data released by the NSE, the Foreign Institutional Investors (FIIs) were net sellers of Rs 7187.65 crore in index futures and options segments, as per Thursday’s data, October 22, 2026.

FIIs were net sellers of index futures to the tune of Rs 406.54 crore and net sellers of index options worth Rs 6781.11 crore. In the stock segment, FIIs were net buyers of stock futures worth Rs 1265.06 crore and they bought stock options worth Rs 28.94 crore.

Read More
Oct
23
2026
ECONOMY Posted on Oct 23rd 2026

India provides stable, predictable business environment to global investors: Goyal

Commerce and Industry Minister Piyush Goyal has assured global investors that India provides a stable and predictable business environment and emphasised that businesses investing and expanding in the country would not face the uncertainties seen in other parts of the world. He said that the world is fragmented today and trust is a scarce commodity. But India, he said, ensures a fair play for every investor, business person, and trader.

Goyal also said that India has finalised nine free trade agreements (FTAs), covering 38 countries, whose combined gross domestic product (GDP) exceeds $60 trillion. He noted that India, before 2014, entered into some free trade agreements, including with Singapore. But collectively, all those free trade agreements covered a GDP of $10 trillion.

The minister said India is negotiating FTAs with a host of countries and blocs, including Canada, Israel, the GCC (Gulf Cooperation Council), Mexico, the SACU (Southern African Customs Union) region, Brazil-led Mercosur, and Russia-led Eurasia. He said ‘all of these economies collectively will add $15 trillion. So I would have opened the doors of India and opened Indian businesses, getting opportunities in GDP of $85 trillion out of a global GDP of $115 trillion. That’s 76 per cent of global GDP that will be open to Indian businesses.’ 

Read More
no-content No Records Found

Sign in to Unlock Offers!

Explore Loans, Cards, Investments & Insurance

No SPAM We don't SPAM
Right Hand Side Image
STEP 1/2

Open Demat Account today!

+91

Enter mobile number

Invalid mobile number

Enter Full Name

Invalid Full Name

Verification required
close

Enter the One Time Password (OTP)

Sent to ********99

Edit Number
Enter valid OTP
Field should not be blank
You have exhausted your OTP attempts try again after 10 min

Request another in 60s

Resend OTP

secure   100% safe and secure

Frequently Asked Questions

What is the issue size of Recode Studios Ltd. IPO?

The issue size of Recode Studios Ltd. IPO is ₹30.31 - 31.93 crore.

The Recode Studios Ltd. IPO opens for subscription on 2026-05-05 and closes on 2026-05-07.

The price range of Recode Studios Ltd. IPO is ₹150.00 to ₹158.00.

The lot size of Recode Studios Ltd. IPO is 1600 shares.

The registrar of Recode Studios Ltd. IPO is Mudra RTA Ventures Pvt Ltd..

Recode Studios Ltd. IPO will be listed on BSE .

You will typically receive a confirmation message or notification from your broker or trading platform shortly after placing your IPO order. This confirms that your application has been submitted successfully. You can also check the order status in the IPO section of your trading account or app.

Apply early with valid UPI and PAN before 2026-05-07 to increase your chances.

The listing date of Recode Studios Ltd. IPO is 2026-05-12.

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time

Growth Potential: Assessing future prospects based on the company's business model and market opportunities

Industry Peers: Comparing valuation metrics with similar companies in the same sector

Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth

Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits

Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums

Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

View More

Invalid Mobile Number

Invalid Full Name

Disclaimer

All content and research information displayed on the Site, are obtained from our partner Accord Fintech Private Limited. an authorized data feed vendor of BSE/NSE/MCX/NCDEX exchange. The data is provided on ‘As-Is’ basis and is not a live data feed but a feed with 15 minutes delay or more. Bajaj Markets does not warrant accuracy, completeness, timely availability of the information and data available on the Site. Past performance, when presented, is purely for reference purposes and is not a guarantee of similar future results.

The Services offered on the Site does not constitute investment advice in any manner whatsoever. You shall be solely responsible for any investment decisions made by placing reliance on the information provided on the Site.

Bajaj Markets partners with financial services entities for sourcing leads for services such as DEMAT accounts etc. In case you wish to avail the services, you shall be redirected to partners platform and shall be bound by the terms and conditions, privacy policy governing the said platform. 

Home
Home
ONDC_Shopping
Shopping
Loan
Loan Offers
My Accounts
My Accounts
Explore
Explore