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Recode Studios Ltd

Registered Office : R-89 Phase V Focal Point,,Ludhiana Punjab 141010 Phone : 0161-4752672
Fax :

Email : info@recodestudios.com

Website : www.recodestudios.com

Initial public offer of 28,22,400 equity shares of face value of Rs.10/- each (the "Equity Shares") of Recode Studios Limited ("The Company" or "RSL" or "The Issuer") at an offer price of Rs.158 per equity share for cash, aggregating to Rs. 44.59 Crores ("Public Offer") comprising of a fresh issue of 25,03,200 equity shares aggregating to Rs. 39.55 Crores (the "Fresh Issue") and an offer for sale of 3,19,200 equity shares by the promoter selling shareholders, Rahul Sachdeva, Karan Bansal and Preeti Trehan ("Offer For Sale") aggregating to Rs. 5.04 Crores, (hereinafter reffered as "Promoter Selling Shareholders") out of which 1,44,800 equity shares of face value of Rs. 10 each at an offer price of Rs. 158 per equity share for cash aggregating to Rs.2.29 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 26,77,600 equity shares of face value of Rs. 10 each at an offer price of Rs. 158 per equity share for cash aggregating Rs. 42.31 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.52% and 25.16% respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 158/- per equity share of face value of Rs. 10/- each. The floor price is 15.8 times of the face value of the equity shares. Bids can be made for a minimum of 1600 equity shares and in multiples of 800 equity shares thereafter.

Issue

Opens On

Closes On

05-May-2026

07-May-2026

Money Payable On

Application

Allotment

158.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 800.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

33.61

44.59

10.64

158.00

Seren Capital Private Limited

Projects

Funding of Capital expenditure towards setup of a new Warehouse Facility at

Marketing and Advertisement expenses toward enhancing the awareness and visibility of its brand

Utilization towards Working Capital Requirements

General Corporate Purposes

Promoted By

Dheeraj Bansal

Rahul Sachdeva

Shelly Bansal

Listing At

BSE - SME

Registrar to the Issue

Mudra RTA Ventures Pvt Ltd