Recode Studios IPO

The price band is ₹158 per share with a lot size of 800 shares. Minimum investment: ₹126400.

Recode Studios is a beauty and personal care company operating in the cosmetics and personal care segment in India. The company is engaged in the branding, procurement, and distribution of products under the “Recode” brand, offering a portfolio of over 350 SKUs across categories such as face, eye, and lip make-up, skincare, body care, and beauty accessories. Its operations are supported by an omnichannel distribution network, which includes company-operated retail stores, franchise outlets, third-party e-commerce platforms, and its own website and mobile application. The company operates 22 physical retail stores, comprising both company-owned and franchisee-operated outlets, and manages six warehouses across India for storage and dispatch. Recode Studios does not own manufacturing facilities and sources its products through third-party manufacturers and imports, with a primary focus on product sourcing and distribution.

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Recode Studios was founded by Mr Dheeraj Bansal in 2021.