Initial public offer of upto 28,23,354 equity shares of face value of (₹) 10/- each (the "equity shares") of Recode Studios Limited ("the company" or "rsl" or "the issuer") at an offer price of (₹) [*] per equity share for cash, aggregating up to (₹)[*] crores("public offer") comprising of a fresh issue of upto 25,04,000 equity shares aggregating to (₹) [*] crores (the "fresh issue") and an offer for sale of upto 3,19,354 equity shares by the promoter selling shareholders, Rahul Sachdeva, Karan Bansal and Preeti Trehan ("offer for sale") aggregating to (₹) [*] crores, (hereinafter refferd as "promoter selling shareholders") out of which [*]equity shares of face value of (₹) 10/- each, at an offer price of (₹) [*] per equity share for cash, aggregating (₹) [*] 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 [*] equity shares of face value of (₹) 10/- each, at an offer priceof (₹) [*] per equity share for cash, aggregating (₹) [*] crores is herein after referred to as the "net offer". The public offer and net offer will constitute 26.52% and [*]% respectively of the post- offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Minimum Application for shares in Nos : 1600     Further Multiples of : 800