Recode Studios IPO GMP Today
The Recode Studios IPO GMP is ₹43 (+27.2% over the upper price band of ₹158) as of 12 May 2026, giving an estimated listing price of ₹201 per share. On a minimum application of 1,600 shares, that is an estimated gain of ₹68,800. GMP has fallen by ₹2 since tracking began on 2 May.
Last updated
- Issue Price
- ₹158
- GMP
- ₹43
- GMP %
- +27.2%
- Est. listing
- ₹201
- Est. gain / application
- +₹68,800
Recode Studios IPO GMP trend
Tracked for 14 days. High ₹50 on 9 May, low ₹11 on 29 Apr.
Recode Studios IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (1,600 sh) |
|---|---|---|---|---|---|
| (latest) | ₹43 | 0 | 27.22% | ₹201 | +₹68,800 |
| ₹43 | -₹7 | 27.22% | ₹201 | +₹68,800 | |
| ₹50 | 0 | 31.65% | ₹208 | +₹80,000 | |
| ₹50 | +₹7 | 31.65% | ₹208 | +₹80,000 | |
| ₹43 | +₹1 | 27.22% | ₹201 | +₹68,800 | |
| ₹42 | -₹6 | 26.58% | ₹200 | +₹67,200 | |
| ₹48 | +₹6 | 30.38% | ₹206 | +₹76,800 | |
| ₹42 | +₹2 | 26.58% | ₹200 | +₹67,200 | |
| ₹40 | -₹5 | 25.32% | ₹198 | +₹64,000 | |
| ₹45 | +₹34 | 28.48% | ₹203 | +₹72,000 | |
| ₹11 | -₹24 | 6.96% | ₹169 | +₹17,600 | |
| ₹35 | -₹5 | 22.15% | ₹193 | +₹56,000 | |
| ₹40 | -₹5 | 25.32% | ₹198 | +₹64,000 | |
| ₹45 | — | 28.48% | ₹203 | +₹72,000 |
Est. listing = upper price band (₹158) + GMP. Est. gain = GMP × 1,600 shares (2 lots, the minimum application).
Recode Studios IPO subscription status
| QIB | 137.99x |
|---|---|
| bNII | 486.06x |
| sNII | 243.23x |
| Retail | 216.65x |
| Total | 217.89x |
Reading the Recode Studios IPO GMP
The grey market premium is the price above the issue price at which Recode Studios IPO shares are informally traded before listing. A GMP of ₹43 on an upper band of ₹158 suggests the shares could open around ₹201, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand, and SME GMP in particular can swing sharply on low volumes. Check it together with the subscription numbers and the company's financials before applying.
Recode Studios IPO GMP: FAQs
- What is Recode Studios IPO GMP today?
- The latest grey market premium (GMP) for the Recode Studios IPO is ₹43 as of 12 May 2026, which is 27.22% over the upper price band of ₹158.
- What is the expected listing price of Recode Studios IPO?
- Based on the current GMP, the estimated listing price of Recode Studios IPO is ₹201 per share (₹158 issue price + ₹43 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Recode Studios IPO?
- The lot size is 800 shares. The minimum application is 2 lots (1,600 shares), which costs ₹2,52,800 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.