Recode Studios IPO Subscription Status
Recode Studios IPO received bids for 44,03,20,800 shares against 20,20,800 offered, an overall subscription of 217.89x at the close of bidding (7 May 2026). NII leads at 298.07x.
Last updated · day 3 figures
- Retail
- 216.65x
- NII
- 298.07x
- QIB
- 137.99x
- Total
- 217.89x
Recode Studios IPO allotment chances
Approximate · day 3- Retail / Individual 216.65x
- 1 in 217 ≈ 0.46% chance per application
- Based on applications vs lots
- sNII ₹2–10 lakh 243.23x
- 1 in 229 ≈ 0.44% chance per application
- Based on applications vs lots
- bNII Above ₹10 lakh 486.06x
- 1 in 173 ≈ 0.58% chance per application
- Based on applications vs lots
Where the demand is
Recode Studios IPO subscription by category
| Category | Shares offered | Shares bid | Amount bid | Subscription |
|---|---|---|---|---|
| QIB | 5,35,200 | 7,38,49,600 | ₹1,166.82 Cr | 137.99x |
| NII | 5,48,000 | 16,33,43,200 | ₹2,580.82 Cr | 298.07x |
| bNII above ₹10 lakh | 2,68,800 | 13,06,53,600 | ₹2,064.33 Cr | 486.06x |
| sNII ₹2–10 lakh | 1,34,400 | 3,26,89,600 | ₹516.50 Cr | 243.23x |
| Retail | 9,37,600 | 20,31,28,000 | ₹3,209.42 Cr | 216.65x |
| Total | 20,20,800 | 44,03,20,800 | ₹6,957.07 Cr | 217.89x |
* Shares Offered and Total Amount are calculated based on the upper price of the issue price range. * The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Application-wise breakup and allotment chances
| Category | Lots reserved | Applications | Applied | Chance per application |
|---|---|---|---|---|
| QIB | — | 117 | — | — |
| NII | 228 | 32,135 | 140.74x | 1 in 141 |
| bNII | 112 | 19,325 | 172.54x | 1 in 173 |
| sNII | 56 | 12,810 | 228.75x | 1 in 229 |
| Retail | 586 | 1,26,955 | 216.65x | 1 in 217 |
"All valid" means applications are fewer than the lots reserved, so every valid application should get at least one lot. When applications exceed lots, allottees are picked by computerised lottery and "1 in X" is the rough chance for one application. The real chance is usually a little better: bids below the cut-off price and invalid applications are removed before the lottery.
Recode Studios IPO subscription day-wise
| Category | Day 3 |
|---|---|
| QIB | 137.99x |
| NII | 298.07x |
| bNII | 486.06x |
| sNII | 243.23x |
| Retail | 216.65x |
| Total | 217.89x |
| Total added | 217.89x |
Cumulative figures at the end of each day. Read across a row to see how demand built up. Shading deepens as subscription rises above 1x; "Total added" is how much overall subscription grew that day.
Recode Studios IPO reservation
| Category | Shares | Share of issue |
|---|---|---|
| Qualified Institutional Buyers | 5,35,200 | 26.48% |
| Non-Institutional Investors | 5,48,000 | 27.12% |
| bNII · above ₹10 lakh | 2,68,800 | 49% of NII |
| sNII · ₹2–10 lakh | 1,34,400 | 25% of NII |
| Retail Individual Investors | 9,37,600 | 46.40% |
| Public issue | 20,20,800 | 100% |
Allotment Chances Note
These are estimates from the latest application and subscription figures. Actual chances are usually somewhat better, because:
- Not every bid is at the cut-off price. Bids below the final issue price are rejected before the lottery, so fewer applications compete.
- Multiple-lot applications count once. In an oversubscribed retail or sNII portion, each application gets at most one minimum lot in the draw, however many lots it bid for.
- Invalid applications drop out. Unapproved UPI mandates, PAN mismatches and duplicate applications are removed before allotment.
Applying for more lots in the retail category does not improve your odds; applying from separate family accounts does.
Recode Studios IPO subscription: FAQs
- What is the overall subscription of Recode Studios IPO?
- Recode Studios IPO is subscribed 217.89x overall as of day 3 (7 May 2026), with bids for 44,03,20,800 shares against 20,20,800 offered.
- What is the retail subscription of Recode Studios IPO?
- The retail portion is subscribed 216.65x as of day 3 (7 May 2026). 1,26,955 retail applications have been received for 586 lots available.
- What is the QIB and NII subscription of Recode Studios IPO?
- QIBs have subscribed 137.99x of their portion, and NIIs 298.07x (bNII 486.06x, sNII 243.23x) as of day 3 (7 May 2026).
- What are the chances of getting Recode Studios IPO allotment?
- With 1,26,955 retail applications for 586 lots, roughly 1 in 217 retail applicants may get a lot. The actual chance is usually a little better, because bids below the cut-off price and invalid applications are rejected before the lottery.
- How can I check Recode Studios IPO subscription status live?
- This page shows category-wise and day-wise figures and is updated during bidding hours. The same data is published on the BSE and NSE websites under the issue name.
- How do I apply for Recode Studios IPO?
- Apply online through your broker or bank using UPI or ASBA. Choose the IPO, enter the number of lots and bid price (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on 7 May 2026.
Subscription figures are compiled from BSE and NSE bid data and can be revised by the exchanges after the issue closes. For information only; not investment advice.