Explore Recode Studios SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Recode Studio is an Indian beauty and personal care company, incorporated in 2021 and operating under the brand “Recode.” The company's core business revolves around branding, sourcing, and selling a diverse range of beauty and personal care products throughout India.
Recode Studio offers a comprehensive product line encompassing makeup, skincare, body care, and beauty accessories, with over 350 SKUs available across various categories and price points, including face, eye, and lip makeup, as well as face and body care products.
Key highlights of Recode Studio include:
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 05 May - 07 May 2026 |
| IPO Price Band | ₹150 - ₹158 per share |
| Fresh Issue | ₹37.26 crore |
| Offer For Sale | ₹5.04 crore |
| Total IPO Size | ₹44.59 crore |
| Face Value | ₹10 |
| Listing On | BSE SME |
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 05 May 2026 |
| IPO Closing Date | 07 May 2026 |
| Basis Of Allotment | 08 May 2026 |
| Refunds | 11 May 2026 |
| Demat Transfer | 11 May 2026 |
| IPO Listing Date | 12 May 2026 |
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Dec 2025 |
|---|---|---|---|---|
| Assets | 12.53 | 16.73 | 23.18 | 28.33 |
| Total Income | 22.44 | 36.93 | 47.94 | 57.45 |
| Profit After Tax | 0.69 | 0.27 | 3.30 | 9.06 |
| EBITDA | 1.44 | 1.67 | 6.13 | 13.34 |
| NET Worth | 5.20 | 5.47 | 8.77 | 17.84 |
| Reserves and Surplus | 5.19 | 5.46 | 8.76 | 9.70 |
| Total Borrowing | 3.79 | 7.85 | 7.56 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Recode Studios Ltd. | 38.92 | 4.06 | 37.64% | 10.78 |
| Ravelcare Ltd. | 12.15 | 10.5 | 50.77% | 20.68 |
| FSN E-Commerce Ventures Ltd | 1082.83 | 0.23 | 5.6% | 4.55 |
| Honasa Consumer Ltd. | 121.21 | 2.23 | 6.16% | 36.28 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 13,36,800 |
| Non-Institutional Investor (NII/HNI) | 4,03,200 |
| Retail Individual Investor (RII) | 9,37,600 |
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 3.51 |
| Non-Institutional Investor (NII/HNI) | 10.09 |
| Retail Individual Investor (RII) | 9.13 |
| Total | 7.74 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Recode Studios Ltd.R-89, Phase V,
Focal Point,
Ludhiana, – 141010https://www.shop.recodestudios.com/0161- 4752672info@recodestudios.com