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| Prospectus synopsis |
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Phone:0161-4752672 Fax:
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| Initial public offer of upto 28,22,400 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Recode Studios Limited ("The Company" or "RSL" or "The Issuer") at an offer price of Rs. 150-158 per equity share for cash, aggregating up to Rs.42.34-44.59 Crores ("Public Offer") comprising of a fresh issue of upto 25,03,200 equity shares aggregating to Rs. 37.55-39.55 Crores (the "Fresh Issue") and an offer for sale of upto 3,19,200 equity shares by the promoter selling shareholders, Rahul Sachdeva, Karan Bansal and Preeti Trehan ("Offer For Sale") aggregating to Rs. 4.79-5.04 Crores, (hereinafter refferd as "Promoter Selling Shareholders") out of which 1,44,800 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 150-158 per equity share for cash, aggregating Rs. 2.17-2.29 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 26,77,600 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 150-158 per equity share for cash, aggregating Rs. 40.16-42.31 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.52% and 25.16% respectively of the post- offer paid-up equity share capital of the company.
Price Band: Rs. 150/- to Rs. 158/- per equity share of face value of Rs. 10/- each.
The floor price is 15.0 times the face value of the equity shares and the cap price is 15.8 times of the face value of the equity shares.
Bids can be made for a minimum of 1600 equity shares and in multiples of 800 equity shares thereafter.
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| 05-May-26 |
07-May-26 |
Rs
150.00-158.00
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Rs
0.00-0.00
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| Minimum Application for shares in Nos :
1600
Further Multiples of :
800
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| Project Cost |
0.00 |
| Seren Capital Private Limited |
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| Project Financed through Current Offer |
42.34 |
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| Post Issue Equity Share Capital |
10.64 |
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| Issue Price |
Rs.150.00
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Funding of Capital expenditure towards setup of a new Warehouse Facility at
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Marketing and Advertisement expenses toward enhancing the awareness and visibility of its brand
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Utilization towards Working Capital Requirements
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General Corporate Purposes
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