Recode Studios IPO is a 100% book-built issue of 28.23 lakh equity shares, comprising a fresh issue of 25.04 lakh equity shares and an offer for sale (OFS) of 3.19 lakh equity shares, with the face value of ₹10 per share. The company filed its DRHP with SEBI on December 27, 2025.
The price band of this issue is set between ₹150 and ₹158 per share and the lot size for application is 800 shares. The IPO will open for subscription from May 5 to 7, 2026, on the BSE SME platforms, with a tentative listing date fixed as May 12, 2026. The book-running lead manager (BRLM) of this issue is Seren Capital Pvt. Ltd, while the registrar of the issue is Mudra RTA Ventures Pvt. Ltd.