Intellius Recode IPO

Intellius Recode IPO is a book-built issue consisting of a fresh issue of ₹117.00 crore and an Offer for Sale (OFS) of up to 12,90,000 equity shares.

Inga Ventures Private Limited is the book-running lead manager to the issue, and MUFG Intime India Private Limited is the registrar. For detailed information on the company's financials, business operations, and associated risks, investors are advised to refer to the Intellius Recode IPO DRHP.

About Intellius Recode Limited

Intellius Recode Limited was originally incorporated as Intellius Recode Private Limited on July 9, 2018, under the Companies Act, 2013. Subsequently, pursuant to its conversion into a public limited company, the company changed its name to Intellius Recode Limited, and a fresh certificate of incorporation was issued on December 17, 2025.

The company operates as an artificial intelligence-driven technology solutions provider, offering technology consulting services and proprietary AI-powered Digital Workers to enterprises across multiple industries. Its technology consulting portfolio includes Data & Analytics, Enterprise RPA, Integration, Development & Operations, Quality Assurance, and Digital Commerce solutions.

Intellius Recode derives its revenue primarily from technology consulting services, which accounted for 100% of its revenue from operations through the six months ended September 30, 2025. The company serves customers across industries such as retail, manufacturing, utilities, consumer packaged goods, financial services, healthcare, logistics, and technology.

The company has developed a portfolio of AI-driven Digital Workers focused on enterprise automation, workflow optimisation, computer vision, and intelligent decision-making. Its offerings include ChemPro Digital Workers and VisionAI Digital Workers, while it is also developing several additional Digital Workers across different industry applications.

A significant portion of the company’s business is generated from the United States through its wholly owned subsidiary, Intellius Recode Solutions, Inc.. The company’s strategy focuses on expanding its Digital Worker ecosystem, strengthening AI-led automation capabilities, enhancing technology consulting offerings, and scaling relationships with enterprise customers across global markets.