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RECODE STURecode Studios IPO
Recode Studio was founded in 2021 and is known as an Indian beauty and personal care brand. They focus on creating great branding, sourcing top-notch products and selling them all across India.
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Price Band
🟢
Lot Size
0 Shares
Issue Size
Approx ₹45 Crores
Current GMP
₹43 (May 12)
IPO Timeline
Open DateMay 12, 2026
Close DateMay 12, 2026
Basis of AllotmentTBA
Listing DateJanuary 1, 2026
Subscription Status
Overall subscription
Financial Information
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹22.44 | ₹21.51 | ₹0.69 | ₹12.53 |
| 2024 | ₹36.93 | ₹36.55 | ₹0.27 | ₹16.73 |
| 2025 | ₹47.94 | ₹43.50 | ₹3.30 | ₹23.18 |
| Dec 2025 | ₹57.45 | ₹45.29 | ₹9.06 | ₹28.33 |
Promoters
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 81,41,144 | 88.93% |
| Promoter Holding Post Issue | 1,06,44,344 | 65.01% |
Objects of the Issue
- Seren Capital Pvt. Ltd.