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Open
5 May 2026
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Close
7 May 2026
3
Allotment
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Listing
Tue, May 12, 2026
Price Band
₹150 to ₹158
Issue Size
28,22,400 shares (agg. up to ₹45 Cr)
Lot Size
800 Shares
Listing Date
Tue, May 12, 2026
Latest GMP
₹43
Est. Gain
27.22%
✦ AI Insight
GMP Trend
12-05-2026₹43Est. ₹201+27.22%
11-05-2026₹43Est. ₹201+27.22%
10-05-2026₹50Est. ₹208+31.65%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 160.62x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 28.33 | 23.18 | 16.73 | 12.53 |
| Total Income | 57.45 | 47.94 | 36.93 | 22.44 |
| Profit After Tax | 9.06 | 3.30 | 0.27 | 0.69 |
| EBITDA | 13.34 | 6.13 | 1.67 | 1.44 |
| NET Worth | 17.84 | 8.77 | 5.47 | 5.20 |
| Reserves and Surplus | 9.70 | 8.76 | 5.46 | 5.19 |
| Total Borrowing | 3.43 | 7.56 | 7.85 | 3.79 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ravelcare Ltd. | SME | ₹24.10 Cr | ₹130 | 12.38 | ₹190.95 | +46.88% | ₹110.00 |
| Anondita Medicare Ltd. | SME | ₹69.50 Cr | ₹145 | 11.74 | ₹289.25 | +99.48% | ₹1,178.60 |
| Medistep Healthcare Ltd. | SME | ₹16.10 Cr | ₹43 | 10.86 | ₹50.35 | +17.09% | ₹23.40 |
| Aakaar Medical Technologies Ltd. | SME | ₹27.00 Cr | ₹72 | 12.43 | ₹71.25 | -1.04% | ₹64.80 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Capital expenditure towards setup of a new Warehouse Facility at Ludhiana, Punjab | 5.74 |
| 2 | Marketing and advertisement expenses toward enhancing the awareness and visibility of brand | 5.41 |
| 3 | Utilization towards working capital requirements | 19.50 |
| 4 | General Corporate Purposes | 2.96 |
| 5 | Issue Expenses | 6.70 |
| Total | 40.31 |
About Recode Studios IPO
Updated on Aug 5, 2026
Contact Details
Recode Studios Ltd. AddressR-89, Phase VFocal PointLudhiana, Punjab, 1410100161- 4752672info@recodestudios.comVisit Website