GMP is an unofficial indicator of investor demand before listing — not a guaranteed outcome.

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions.

Recode Studios IPO.

Advertising & Media & Other — Sme IPO listing on BSE

05 May - 07 May 2026
Fixed Price IPO
Fresh Capital & Offer For Sale
Price Band
₹ 150 – 158
Lot Size
800
Issue Size
₹45 Cr
Minimum Investment
₹252800 (1600 Shares)
Listing Date
12 May 2026

Grey Market Premium

₹62

▲ 24.6% over cap

As On Issue Price GMP Esti. Listing
12 May 2026 ₹158.00 ₹43 ₹201
11 May 2026 ₹158.00 ₹43 ₹201
10 May 2026 ₹158.00 ₹50 ₹208
09 May 2026 ₹158.00 ₹50 ₹208
08 May 2026 ₹158.00 ₹43 ₹201
07 May 2026 ₹158.00 ₹42 ₹200
06 May 2026 ₹158.00 ₹48 ₹206
05 May 2026 ₹158.00 ₹42 ₹200
04 May 2026 ₹158.00 ₹40 ₹198
03 May 2026 ₹158.00 ₹45 ₹203
02 May 2026 ₹158.00 ₹45 ₹203
01 May 2026 ₹158.00 ₹40 ₹198
30 April 2026 ₹158.00 ₹35 ₹193
29 April 2026 ₹158.00 ₹11 ₹169