Upcoming IPO: Recode Studios Filed DRHP with BSE SME

Recode Studios Limited, an Indian beauty and cosmetics brand, has filed its Draft Red Herring Prospectus (DRHP) with the BSE SME Exchange, marking a key milestone in its structured growth journey.

Objective of IPO Filing

The proposed initial public offering (IPO) is aimed at strengthening the company’s working capital position and funding the establishment of a new warehouse facility. These initiatives are expected to enhance operational efficiency, optimise the supply chain, and support Recode Studios’ next phase of expansion.

Recognising the importance of digital engagement in the beauty and personal care segment, the company also plans to step up investments in advertising, promotions, and other brand-building activities to boost visibility and consumer awareness. Recode Studios’ progression from gaining national recognition to filing for an IPO reflects its disciplined execution, strategic clarity, and resilient growth approach.

Also Read: Turtlemint Fintech Set to File UDRHP in theUpcoming Two Weeks 

Management Take on IPO Filing

Commenting on the development, Narinder Singh, Chief Financial Officer of Recode Studios Limited, said, “Filing our DRHP with SEBI is a pivotal moment for the company. The proposed IPO is intended to strengthen our working capital base and enable the development of a new warehouse facility, which will help streamline operations, improve scalability, and enhance overall service delivery. This step underscores our focus on financial discipline, transparency, and building a strong foundation for sustainable long-term growth.”

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.