BasicFintech
Mainboard IPOupcomingBoth

Intellius Recode IPO

Intellius Recode IPO is a mainboard IPO scheduled to open for subscription on — and closed on —. The issue aggregates ₹117 Cr.

Price Band
TBA
GMP
Subscription
Listing

Overview

Intellius Recode IPO is a mainboard IPO scheduled to open for subscription on — and closed on —. The issue aggregates ₹117 Cr.

IPO Details

Intellius Recode IPO is a mainboard initial public offering scheduled to open for subscription on Both. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue aggregates ₹117 Cr, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
Mainboard
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
₹117 Cr
Fresh issue
₹117 Cr
OFS
Exchange
Both
ISIN
TBA

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Intellius Recode IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIB (Qualified Institutional Buyers)Not more than 50%Mutual funds, FIIs, banks, insurance
NII / HNI (Non-Institutional)Not less than 15%Bids ≥ ₹2 lakh
Retail (RII)Not less than 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Intellius Recode is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Intellius Recode IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Intellius Recode IPO allotment will be finalised by the registrar (MUFG Intime India) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Intellius Recode

Intellius Recode Limited filed DRHP with SEBI on 27 March 2026 for a mainboard NSE+BSE IPO of ₹117 crore fresh + 12.90 lakh OFS equity shares. Detailed product portfolio, customer-segment focus, manufacturing facility location, operating history, and financial granularity were not consistently surfaced in publicly fetched sources at the detail depth needed for full evaluation. BRLM Inga Ventures Private Ltd + registrar MUFG Intime India Pvt Ltd indicate institutional book-build setup for the mainboard issue.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Intellius Recode prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Intellius Recode IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Intellius Recode's three-year financials — revenue, PAT, assets, net worth — will be displayed here based on audited numbers from the Red Herring Prospectus. Year-on-year growth, EBITDA margins, debt-to-equity progression, and RoNW together form the basis for valuation comparison.

Valuation Snapshot

Key valuation metrics for Intellius Recode — RoE, RoCE, EBITDA margin, PAT margin, debt-to-equity, EPS, P/E ratio, RoNW, NAV — will be updated based on FY25 numbers from the Red Herring Prospectus.

Peer Comparison

Other IPOs in the Industrial sector for context.

CompanyTypeStatusPrice bandGMP
Liotech IndustriesSMEupcoming₹321–₹321
RFBL Flexi PackSMElisted₹47–₹50
Adisoft TechnologiesSMElisted₹163–₹172
Safety Controls & DevicesSMElisted₹75–₹80
Vivid ElectromechSMElisted₹528–₹555
Metalic TechnoforgeSMEupcomingTBA

Anchor Investors

Anchor investor bidding for Intellius Recode typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

  • Inga Ventures

IPO Registrar

The registrar processes all bid applications, finalises the basis of allotment, manages refunds, and credits allotted shares to successful applicants' demat accounts.

Editorial Review

Intellius Recode filed DRHP with SEBI on 27 March 2026 for a mainboard NSE+BSE IPO of ₹117 crore fresh issue + 12.90 lakh OFS equity shares. As of publication, detailed product portfolio, customer-segment focus, operating history, and financial granularity were not consistently surfaced in publicly fetched sources at depth. Neutral pre-RHP given substantial public-data gap. Wait for RHP with detailed business disclosure, financial granularity, and price band before sizing. Sizing modest given the data-disclosure limitations.

How to Apply for Intellius Recode IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Intellius Recode IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on Both on .

Risk Factors

1. Substantial public-data gap on detailed business, customer focus, operating history, financials. 2. Price band, dates, exact issue structure split — not yet public. 3. Inga Ventures as sole BRLM is mid-tier book-build setup. 4. Without business + financial disclosure, framing competitive positioning is impossible. 5. Limited listed-peer benchmark identification pending business disclosure.

Intellius Recode IPO — FAQs

What is Intellius Recode IPO?
Intellius Recode IPO is a mainboard initial public offering listing on Both. The issue opens on — and closes on — with a price band of TBA per share.
What is the Intellius Recode IPO price band?
The price band for Intellius Recode IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Intellius Recode IPO lot size?
The minimum lot size for Intellius Recode IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Intellius Recode IPO opening date?
Intellius Recode IPO opens for subscription on — and closes on —.
When is the Intellius Recode IPO allotment date?
Basis of allotment is expected on —. Check your status on MUFG Intime India's website using your PAN.
When is the Intellius Recode IPO listing date?
Intellius Recode shares are expected to list on Both on —.
What is the GMP of Intellius Recode IPO?
GMP for Intellius Recode is not currently tracked.
Who is the registrar of Intellius Recode IPO?
MUFG Intime India is handling allotment, refunds, and dematerialisation for Intellius Recode IPO.
How can I apply for Intellius Recode IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Intellius Recode IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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