Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

Intellius Recode Ltd.. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on March 27, 2026 to raise funds through Initial Public Offer (IPO).
Intellius Recode Ltd.. IPO is a Book Build Issue consisting of fresh issue of ₹117.00 crores and an offer for sale (OFS) of upto 0.13 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Inga Ventures Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Intellius Recode IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹117 Cr) |
| Offer for Sale | 12,90,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,00,10,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Mar 27, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII Shares Offered | Not more than 15% of the Net Offer |
Incorporated in 2018, Intellius Recode Limited is an Indian information technology company. It operates in the IT consulting and digital transformation space, offering technology-driven solutions to enterprise clients.
The company focuses on areas such as data analytics, automation, enterprise integration, quality assurance, and digital commerce. A key highlight of its offerings is its AI-led solutions, including “Agentic AI” digital workers—software systems designed to act like virtual employees and automate business processes across organizations.
The company's technology consulting vertical comprises (a) data & analytics, (b) enterprise robotic process automation, (c) integration, development & operation services, (d) quality assurance and (e) digital commerce solutions. These offerings are delivered through a combination of custom programming and select third-party enterprise platforms.
Competitive Strengths:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 39.71 | 44.26 | 35.23 | 28.63 |
| Total Income | 29.24 | 72.64 | 80.96 | 69.95 |
| Profit After Tax | 2.42 | 8.18 | 9.25 | 4.14 |
| EBITDA | 4.22 | 11.09 | 11.59 | 7.39 |
| NET Worth | 1.14 | 1.48 | 1.44 | 1.42 |
| Reserves and Surplus | 2.90 | 9.93 | 4.72 | 4.57 |
| Total Borrowing | 2.22 | |||
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding cost for development of Digital Workers by the Company | 43.13 |
| 2 | Payment of sub-contracting fees for development of Digital Workers for the Company | 38.48 |
| 3 | General corporate purposes | |
| Total | 81.61 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 21.93% | 110.23% |
| ROCE | 14.60% | 45.54% |
| Debt/Equity | 0.72 | 1.26 |
| RoNW | 21.93% | 110.23% |
| PAT Margin | 8.32% | 11.55% |
| EBITDA Margin | 14.55% | 15.67% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 95% |
Lead Manager Reports
Intellius Recode IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Intellius Recode IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Intellius Recode IPO using UPI as a payment gateway. Zerodha customers can apply in Intellius Recode IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Intellius Recode IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Intellius Recode IPO dates are not announced. Please check back again after some time.
Intellius Recode IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Intellius Recode IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Intellius Recode IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Intellius Recode IPO allotment status.
The Intellius Recode IPO listing date is not yet announced. The tentative date of listing is .