ListedSMERECODE

Recode Studios IPO

Recode Studios IPO is an SME IPO raising ₹45 Cr at ₹150 – ₹158 a share. It listed on 12 May 2026 at ₹213, +34.9% against its issue price of ₹158, and trades at ₹405 today (+156.3% since issue). It was subscribed 0.00× in total.

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₹158

Issue price

₹405

Price now

+156.3%

Since issue price

12 May 2026

Listed on

0.00×Subscribed (final) · all exchanges

No bids yet

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Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹150 – ₹158

Cut-off price₹158

Issue size₹45 Cr

Shares per lot800

Minimum application₹1,26,400

Minimum quantity1600

Face value₹10

Listing exchangesBSE

ISININE2B6701015

Bidding hours10:00 – 17:00 IST

Bidding window5 May 2026 – 7 May 2026

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.