Mathew Thomas 
Dealstreet

CMS INDUSLAW acts on Recode Solutions ₹117 crore proposed IPO

Recode Solutions filed its draft red herring prospectus with the Securities and Exchange Board of India on 27th March, 2026.

Bar & Bench

Intellius Recode Limited, dba Recode Solutions, has proposed an initial public offering of equity shares comprising a fresh issue of upto ₹117 crore and an offer for sale comprising of upto 1,290,000 equity shares.

CMS INDUSLAW is advising Recode Solutions as well as Inga Ventures Private Limited, the book running lead manager, on this IPO.

The transaction team consists of Mathew Thomas (Partner), Aman Bahl (Senior Associate), Shambhavi Kumar (Senior Associate), Associates Kirti Gohil, Khushi Dua, Aishwarya Agarwal, Preeti Gokhale, Tanvi Ginodia, Anoushka Sud and Sanjana Gupta.

Recode Solutions

Founded in 2018, Recode Solutions provides next-generation technology solutions, including AI-led automation and industry technology services, aimed at optimizing operations and enabling enterprise businesses to advance their digital transformation initiatives.

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