Recode Studios SME IPO Allotment Status
The Recode Studios SME IPO closed on 7 May 2026. Allotment will be finalised on 8 May 2026. Refunds for unsuccessful applicants will be initiated on 9 May 2026. Shares will be credited to demat accounts on 9 May 2026. The stock lists on NSE and BSE on 12 May 2026.
Issue Price
Rs 158.00
Allotment Date
8 May 2026
Refund Date
9 May 2026
Share Credit Date
9 May 2026
Listing Date
12 May 2026
Registrar
IPO Registrar
GMP Today
Rs 43.00 (27.22%)
Est. Listing Price
Rs 201.00
Est. Profit / Lot
Rs 68,800.00
Recode Studios SME IPO Allotment Chances
The IPO closed with an overall subscription of 234.71x. Here is what that means for each category.
Retail Category: Retail subscription came in at 216.65x based on applications received. In the retail category, SEBI requires allotment by lottery when oversubscription exceeds 1x. At 216.65x, approximately 1 in 217 retail applicants can expect to receive an allotment. Each successful applicant receives a minimum of 1 lot.
Applying from multiple eligible accounts increases household probability but does not improve the chances of any single application.
NII Category: NII subscription was 405.12x based on shares applied. NII allotment is proportional, not by lottery. At this oversubscription level, NII applicants will receive a very small fraction of the shares they applied for.
QIB Category: QIB subscription came in at 137.99x. QIB allotment is handled by the book running lead managers and is not accessible to retail investors.
Check the Recode Studios SME IPO Subscription Status for the full category-wise breakdown.
How to Check Recode Studios SME IPO Allotment Status
Allotment status will be available from 8 May 2026. There are four ways to check.
Option 1: Via IPOwiz App
- Download the IPOwiz App from the Play Store
- Add the PAN numbers you want to check in the PAN section
- Go to the Allotted section and select Recode Studios SME
- View the allotment status for the saved PAN numbers
Option 2: Via IPO Registrar Website
- Visit the IPO Registrar Allotment Page
- Select Recode Studios SME from the drop-down menu
- Enter your PAN number, application number, or demat account details
- Click Search to view your allotment status
IPO Registrar is the official registrar for this IPO. This is the most direct method to check your result.
Option 3: Via BSE Website
- Go to the BSE IPO allotment page
- Select Recode Studios SME from the list
- Enter your PAN number, application number, or demat account details
- Click Search to check your status
Option 4: Via Demat Account
Log in to your demat or trading account from 9 May 2026 onwards. If shares have been credited, your allotment was successful. Share credit is expected on 9 May 2026.
What Happens After Allotment?
Once allotment is finalised on 8 May 2026, the process moves as follows.
If you are allotted shares: Shares will be credited to your demat account on 9 May 2026. You can hold or sell on listing day, 12 May 2026. Based on current GMP of Rs 43.00, the estimated listing price is Rs 201.00 per share.
If you are not allotted shares: Your blocked amount (ASBA) will be unblocked and refunded on 9 May 2026. The refund goes back to the bank account linked to your application. UPI-based applications are unblocked automatically. ASBA applications through net banking are unblocked by your bank.
On listing day: The stock lists on NSE and BSE on 12 May 2026. You can sell your allotted shares from the moment trading begins.
For listing day updates, follow the IPOwiz Telegram Channel.
Recode Studios SME IPO Registrar Details
The registrar for this IPO is IPO Registrar. For allotment queries or discrepancies, you can contact them directly.
| Field | Value |
|---|---|
| Registrar | IPO Registrar |
| Website | bseindia.com |
| Allotment Check | IPO Registrar IPO Allotment Page |
Recode Studios SME IPO Details
| Field | Value |
|---|---|
| Price Band | ₹150.0 - ₹158.0 |
| Issue Size | ₹42.31 Cr |
| Lot Size | 800 shares |
| Minimum Investment | Rs 2,52,800.00 |
| IPO Type | BSE SME |
| Open Date | 5 May 2026 |
| Close Date | 7 May 2026 |
| Allotment Date | 8 May 2026 |
| Listing Date | 12 May 2026 |
| Overall Subscription | 234.71x |
Recode Studios SME IPO full details including financials, valuation, and review.
About Recode Studios SME
Recode Studios Ltd. , incorporated in 2021, is a rapidly growing Indian beauty and personal care brand operating under the name 'Recode. ' The company follows an omnichannel model, selling over 350 SKUs including makeup, skincare, and beauty accessories through company-owned stores (COCO), franchise outlets (FOFO), and major e-commerce platforms like Nykaa, Amazon, and Myntra.
Recode Studios SME IPO Subscription Status
Category-wise subscription and allotment chances
Recode Studios SME IPO GMP Today
Live GMP, listing price estimate, listing gain
Recode Studios SME IPO Details
Financials, peers, strengths, and review
IPOwiz Allotment Checker
Check allotment for multiple PANs at once
Recode Studios SME IPO Listing Price
Listing day GMP vs actual listing price and gain
Recode Studios SME IPO Allotment FAQs
When will the Recode Studios SME IPO allotment be finalised?
Allotment will be finalised on 8 May 2026. Results will be available on the IPO Registrar website, BSE website, and the IPOwiz App from that date.
What are the allotment chances for retail investors?
Retail subscription came in at 216.65x based on applications. At this level, approximately 1 in 217 retail applicants can expect an allotment. Allotment in the retail category is done by lottery.
When will shares be credited to demat accounts?
Shares will be credited to demat accounts on 9 May 2026, one day before listing.
When is the Recode Studios SME listing date?
The stock is scheduled to list on NSE and BSE on 12 May 2026.
When will refunds be processed?
Refunds for unsuccessful applicants will be initiated on 9 May 2026. UPI-based ASBA amounts are unblocked automatically. Net banking ASBA amounts are unblocked by your bank.
Can I sell shares on listing day?
Yes. Allotted shares can be sold from the moment trading begins on 12 May 2026.
What should I do if I am not allotted shares?
Your blocked amount will be refunded on 9 May 2026. No action is required from your side. The refund goes back to the bank account linked to your application.
How is allotment done in an IPO?
In the retail category, allotment is done by lottery when the IPO is oversubscribed. SEBI mandates a minimum of one lot per successful applicant. In the NII category, allotment is proportional. In the QIB category, allotment is at the discretion of the book running lead managers.
Can I check allotment status using my PAN number?
Yes. PAN number is the easiest way to check allotment status on the IPO Registrar website, BSE website, or IPOwiz App.
Who should I contact for allotment queries?
Contact the registrar, IPO Registrar, through their official allotment page. You can also raise a query through the BSE SCORES platform.
What is the expected listing price of Recode Studios SME?
Based on the current GMP of Rs 43.00, the estimated listing price is Rs 201.00 per share. This is an unofficial estimate based on grey market activity. The actual listing price will be confirmed on 12 May 2026.
Check your allotment status from 8 May 2026 on the IPOwiz Allotment Checker. For listing day updates on 12 May 2026, follow the IPOwiz Telegram Channel or download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Allotment guide verified before publish.