IPO market

Recode Studios IPO is a SME IPO. Issue size is 45 Cr. Price band is ₹150 to ₹158 per share. Minimum investment is ₹2.53 L. Lot size is 800 shares. Open from 5 May 2026 to 7 May 2026. on 8 May 2026. Listing on 12 May 2026 at BSE. Managed by Seren Capital Pvt.Ltd. Registrar: mudra rta ventures private limited. Key details for GMP, subscription, price, , and listing in one place.
Live IPO subscription for Recode Studios IPO across categories. Total demand ₹44.03 Cr vs offered ₹18.76 L.
Official documents: RHP.
| Category | Offered | Placed | Times |
|---|---|---|---|
| QII | 5,35,200 | 7,38,49,600 | 137.99 |
| NII | 4,03,200 | 16,33,43,200 | 405.12 |
| NII (>10L) | 2,68,800 | 13,06,53,600 | 486.06 |
| NII (<10L) | 1,34,400 | 3,26,89,600 | 243.23 |
| Retail | 9,37,600 | 20,31,28,000 | 216.65 |
| Total | 18,76,000 | 44,03,20,800 | 234.71 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 111 | 19,217 | 173.13 |
| HNI (3-10L) | 56 | 13,621 | 243.23 |
| Retail | 586 | 126,955 | 216.65 |
| Total | 753 | 159,793 | 212.21 |
How to read QIB / NII / Retail demand and what it implies.