Incorporated in 2021, Recode Studios Ltd. is an Indian beauty and personal care company operating under the brand name “Recode.” The company is engaged in the branding, sourcing, and sale of beauty and wellness products across India. The company offers a diversified portfolio of products across categories such as makeup, skincare, body care, and beauty accessories. Its range in
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 10,10,400 crores |
| Non-Institutional Investors (NIIs) | 35% | 7,07,280 crores |
| Retail Individual Investors (RIIs) | 15% | 3,03,120 crores |
Strong omnichannel presence across offline and online platforms
Diversified beauty and personal care product portfolio
Growing digital reach and customer engagement capabilities
Wide availability across leading e-commerce marketplaces
Experienced leadership and management team
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 20,20,800 shares (aggregating up to ₹2,52,800 crores) |
| Fresh Issue | 3.7 shares (aggregating up to ₹37 crores) |
| Offer for Sale | 0.5 shares of ₹10 (aggregating up to ₹5 crores) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 88.93 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Recode Studios ipo has been designed to ensure broad participation while maintaining optimal price discovery.
R-89 Phase V Focal Point Ludhiana
Mudra RTA Ventures Private Limited
| Book Running Lead Manager(s) |
|---|
| Seren Capital Pvt Ltd |