Intellius Recode IPO Details

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

Intellius Recode IPO Logo

Intellius Recode Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on 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 Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

Fresh Issue [.] shares
(agg. up to ₹117 Cr)
Offer for Sale12,90,000 shares of ₹10
(agg. up to ₹[.] Cr)
Share Holding Pre Issue1,00,10,000 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeFri, Mar 27, 2026
SEBI/Exchange approval received

Issue Reservation

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 OfferedNot more than 15% of the Net Offer

About Intellius Recode Ltd.

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:

  • Comprehensive portfolio of artificial intelligence led digital platforms, solutions and assets position us well to address the needs of regulated and process-intensive.
  • Long-standing and growing relationships with marquee global clients.
  • Robust financial performance supported by cash flows and access to capital.
  • Comprehensive expertise across technical, domain, and functional areas.
  • Qualified and experienced Individual Promoters supported by management team with domain and functional expertise

Company Financials (Restated Consolidated)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets39.7144.2635.2328.63
Total Income29.2472.6480.9669.95
Profit After Tax2.428.189.254.14
EBITDA4.2211.0911.597.39
NET Worth1.141.481.441.42
Reserves and Surplus2.909.934.724.57
Total Borrowing2.22
Amount in ₹ Crore

Recently Listed IPOs in IT Enabled Services

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Amagi Media Labs Ltd. Mainboard ₹1,788.62 Cr ₹361 -101.78 ₹348.25 -3.53% ₹598.95 (+6.46%)
Excelsoft Technologies Ltd. Mainboard ₹500.00 Cr ₹120 34.62 ₹125.97 +4.97% ₹79.04 (+0.87%)
Prodocs Solutions Ltd. SME ₹27.60 Cr ₹138 14.72 ₹151.20 +9.57% ₹172.50 (+2.07%)
Exato Technologies Ltd. SME ₹37.45 Cr ₹140 11.19 ₹279.30 +99.50% ₹585.00 (+1.53%)
Infinity Infoway Ltd. SME ₹24.42 Cr ₹155 13.81 ₹309.20 +99.48% ₹372.00 (-2.20%)
Praruh Technologies Ltd. SME ₹23.50 Cr ₹63 9.47 ₹64.25 +1.98% ₹58.00 (-0.07%)
Matrix Geo Solutions Ltd. SME ₹40.20 Cr ₹104 19.02 ₹99.15 -4.66% ₹61.90 (+0.65%)
TechD Cybersecurity Ltd. SME ₹38.99 Cr ₹193 32.51 ₹385.00 +99.48% ₹662.00 (+4.71%)
Optivalue Tek Consulting Ltd. SME ₹51.82 Cr ₹84 11.93 ₹102.60 +22.14% ₹93.00 (-2.21%)
Globtier Infotech Ltd. SME ₹31.05 Cr ₹72 14.82 ₹54.72 -24.00% ₹17.90 (-4.58%)
Icodex Publishing Solutions Ltd. SME ₹42.03 Cr ₹102 13.94 ₹77.55 -23.97% ₹39.50 (+1.41%)
Takyon Networks Ltd. SME ₹20.48 Cr ₹54 8.17 ₹55.72 +3.19% ₹19.60 (-3.26%)

IPO Objects of the Issue

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

Key Performance Indicator (KPI)

KPISep 30, 2025Mar 31, 2025
ROE21.93%110.23%
ROCE14.60%45.54%
Debt/Equity0.721.26
RoNW21.93%110.23%
PAT Margin8.32%11.55%
EBITDA Margin14.55%15.67%
Pre IPOPost IPO
Promoter Holding95%
Prasanna Srinivasan Ramaswamy and Sivathanupillai Adhikesaven Nadarajapillai

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Intellius Recode Ltd. Address
2 nd Floor, Module 6,
North Block, Phase II, IG-3 Infra Ltd IT SEZ,
Pallavaram, Thoraipakkam,
Chennai, Tamil Nadu, 600097
Open an Instant Account with Zerodha

IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Intellius Recode IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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 .

Compare: