Recode Studios IPO Allotment Status
Investors who applied for the Recode Studios IPO can check their allotment status online through the registrar website, BSE portal, or broker applications after the allotment process is completed.
The SME IPO has gained strong market attention due to high subscription numbers and positive grey market sentiment.
This guide includes:
- Latest GMP updates
- IPO subscription figures
- Allotment and listing dates
- Step-by-step allotment checking process
- Company overview
- FAQs for investors
Recode Studios IPO Overview
| Particulars | Details |
|---|---|
| IPO Name | Recode Studios IPO |
| IPO Type | SME IPO |
| Exchange | BSE SME |
| Price Band | ₹150 to ₹158 per share |
| Face Value | ₹10 per share |
| Lot Size | 800 shares |
| Minimum Investment | ₹1,26,400 |
| IPO Open Date | 5 May 2026 |
| IPO Close Date | 7 May 2026 |
| Issue Size | ₹42–45 Crore |
| Registrar | Mudra RTA Ventures Pvt Ltd |
| Expected Allotment Date | 8 May 2026 |
| Expected Listing Date | 12 May 2026 |
Latest Recode Studios IPO GMP
The Grey Market Premium (GMP) indicates unofficial investor demand before listing.
Current GMP Details
| GMP Indicator | Value |
|---|---|
| Latest GMP | ₹42 to ₹45 |
| Expected Listing Price | ₹200 to ₹203 |
| Estimated Listing Gain | Around 26% to 28% |
GMP Analysis
- Strong GMP reflects bullish investor sentiment
- SME IPO GMPs can be highly volatile
- GMP should not be considered a guaranteed listing indicator
Recode Studios IPO Subscription Status
The IPO witnessed extremely strong demand across investor categories.
Category-wise Subscription
| Category | Subscription |
|---|---|
| QIB | 3.54x |
| NII/HNI | 115.45x |
| Retail | 68.62x |
| Total Subscription | 60.12x |
The strong HNI and retail participation indicates high market interest in the IPO.
How to Check Recode Studios IPO Allotment Status
Investors can verify allotment status through the following methods.
1. Check Through Registrar Website
The registrar for the IPO is Mudra RTA Ventures Pvt Ltd.
Steps:
- Visit the Mudra RTA IPO allotment portal
- Select “Recode Studios IPO”
- Choose one option:
- PAN Number
- Application Number
- DP Client ID
- Enter required details
- Complete captcha verification
- Click Submit
Your allotment result will appear instantly.
2. Check Through BSE Website
Steps:
- Visit the BSE IPO allotment page
- Select SME issue type
- Choose “Recode Studios IPO”
- Enter PAN or application number
- Click Search
3. Check Through Broker Apps
You can also check allotment status using broker platforms such as:
- Lemonn
- Zerodha
- Groww
- Angel One
- Upstox
Steps:
- Open your broker app
- Go to IPO section
- Select Applied IPOs
- Check allotment status
Important IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | 5 May 2026 |
| IPO Close Date | 7 May 2026 |
| Allotment Finalization | 8 May 2026 |
| Refund Initiation | 11 May 2026 |
| Demat Credit | 11 May 2026 |
| Listing Date | 12 May 2026 |
About Recode Studios
Recode Studios operates in the beauty and personal care segment under the “Recode” brand.
Key Business Highlights
- 350+ beauty and cosmetics products
- Strong online marketplace presence
- Omnichannel business model
- Presence on Nykaa, Amazon, Myntra, and Flipkart
- Expanding retail and franchise network
What Happens After IPO Allotment?
After allotment:
- Shares are credited to successful applicants’ demat accounts
- Refunds are initiated for unsuccessful investors
- Shares become available for trading on listing day
If allotment is not received, the ASBA blocked amount is generally released automatically.
Key Takeaways
- Recode Studios IPO subscribed over 60x
- GMP remains strong ahead of listing
- HNI category saw massive demand
- Listing is expected on 12 May 2026
- Investors should evaluate fundamentals along with GMP
FAQs
Q. When will Recode Studios IPO allotment status be available?
The allotment is expected to be finalized on 8 May 2026.
Q. How can I check Recode Studios IPO allotment status?
You can check it through:
– Mudra RTA website
– BSE IPO portal
– Broker applications
using PAN, application number, or DP ID.
Q. What is the latest GMP of Recode Studios IPO?
The latest GMP is around ₹42 to ₹45 per share.
Q. What is the expected listing price?
Based on GMP trends, the expected listing price may be around ₹200 to ₹203.
Q. What was the IPO subscription status?
The IPO was subscribed around 60.12 times overall.
Q. On which exchange will Recode Studios IPO list?
The IPO is expected to list on the BSE SME platform.
Q. What happens if I do not get allotment?
Your blocked ASBA amount is usually released automatically by your bank.
Q. Is GMP reliable?
No. GMP only indicates unofficial market sentiment and may change before listing.
Final Thoughts
Recode Studios IPO has generated strong investor interest due to high subscription levels and positive grey market trends. Investors should monitor allotment updates, listing performance, and company fundamentals before making long-term investment decisions.
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
