Chanakya

Recode Studios IPO GMP Today – Live Updates

Last Updated: 1 May 2026 | 8.00 AM IST

Track Recode Studios IPO GMP Today Live along with Kostak rate, Subject to Sauda and expected listing gain. This page is updated every 2 hours to give the latest grey market trend.

👉 All IPO GMP Today | Recode Studios IPO Review | Subscription Status | Allotment Status


Recode Studios IPO GMP Today – Latest Update

Parameter Details
IPO GMP Today Rs. 35
Kostak Rate NA
Subject to Sauda (S2B) Rs. 21,300
GMP Trend Awaited
Last Updated 1 May 2026

Recode Studios IPO Estimated Listing Price

Particulars Value
Upper Price Band Rs. 158
GMP Today Rs. 35
Estimated Listing Price Rs. 193
Estimated Gain 22.15%

Recode Studios IPO GMP Trend (Day Wise)

Date GMP Kostak Subject to Sauda
1 May 2026 Rs. 35 NA Rs. 21,300

About Recode Studios IPO

Recode Studios IPO is an SME book-built issue of Rs. 44.59 crore. The company operates in the beauty and personal care segment under the “Recode” brand and follows an omnichannel business model across retail stores, online platforms and marketplaces.

The IPO opens on 5 May 2026 and closes on 7 May 2026, with listing expected on 12 May 2026.


Recode Studios IPO Key Details

Parameter Details
IPO Date 5 May – 7 May 2026
Price Band Rs. 150 to Rs. 158
Lot Size 800 Shares
Listing Date 12 May 2026
Exchange BSE SME
Issue Size Rs. 44.59 Cr

What is Recode Studios IPO GMP?

Recode Studios IPO GMP (Grey Market Premium) indicates the premium at which shares are trading in the unofficial market before listing. It helps investors estimate potential listing gains.

However, GMP is speculative and can change rapidly based on market sentiment.


Recode Studios IPO GMP Review (Chanakya View)

Current GMP of Rs. 35 indicates a moderate listing gain expectation (~22%), suggesting healthy investor interest.

✔ Strong retail-facing brand
✔ Improving financial performance
✔ Positive sentiment in SME IPO space

However:
✖ Competitive cosmetics industry
✖ High dependence on branding

Chanakya Insight:
GMP trend supports listing gain interest, but should be combined with fundamentals before applying.


IPO GMP vs Subscription Strategy

GMP Stage Strategy
High & Rising GMP Listing Gain Focus
Stable GMP Safe Moderate Listing
Falling GMP Avoid Aggressive Bidding

(Current Position: Stable Positive)


Important Note

GMP is an unofficial market indicator. It should not be the sole basis for investment decisions. Investors should consider financials, business model and valuation before applying.

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