New Delhi, May 12 -- Recode Studios share price made a strong debut on BSE SME today. Recode Studios share price today opened at Rs.213.10, which is 35% higher than the issue price of Rs.158. Post a bumper debut, the stock was locked in at a 5% upper circuit at Rs.223.75 per share. Recode Studios share price touched an intraday low of Rs.213.10 per share today.

The Rs.44.6 crore SME IPO was open for subscription from 5 May to 7 May. The issue was priced at Rs.150- Rs.158 per share. Recode Studios IPO subscription status on the third bidding day was 234.64 times, as per chittorgarh.com

Ahead of the public offering, the company raised Rs.12.7 crore from anchor investors on 4 May, providing early institutional backing.

Established in 2021...