Recode Studios IPO Listing 2026 – Allotment, Demat Credit & BSE SME Debut

Recode Studios IPO listed on the BSE (Bombay Stock Exchange) at ₹213.10, delivering a premium gain of 34.87% over its issue price. Prior to listing, the IPO GMP was last reported at ₹43 in the grey market, indicating strong investor interest and positive market sentiment.

The Recode Studios IPO received an overwhelming response from investors and was subscribed 160.62 times on the final day of bidding. The retail investor category was subscribed 214.16 times, while the Non-Institutional Investor (NII) segment saw a subscription of 396.27 times. Meanwhile, the Qualified Institutional Buyers (QIB) portion was subscribed 51.99 times on the last day of the IPO subscription period.

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Recode Studios IPO Listing Details

Company Overview

Recode Studios is a beauty and personal care brand focused on delivering premium cosmetic products through its “Affordable Luxury” concept. The company is backed by a team of experienced cosmetic professionals with over a decade of expertise in designing, developing, and managing beauty products for global markets. Recode Studios aims to combine high-quality formulations with affordability, helping customers enhance their beauty experience with innovative and trend-focused cosmetic solutions.

The company works closely with leading manufacturers in Germany, Taiwan, and Thailand to maintain international quality standards across its product portfolio. Driven by innovation, customer satisfaction, and product excellence, Recode Studios continues to expand its presence in the beauty industry. The brand focuses on empowering individuals with confidence through modern beauty products while maintaining a strong commitment to quality, creativity, and continuous growth in the cosmetics and personal care market.