Mukul Agrawal added over 4.64% of Recode Studios Limited in the quarter and now holds 5.64%, or 6,00,000 shares, under his name Mukul Mahavir Agrawal. This newly disclosed holding crosses the 5% disclosure threshold.
A beauty and personal care company operating under the Recode brand, the company develops and markets skincare and cosmetic products designed for the Indian consumer. Incorporated in 2021, Recode Studios focuses on formulations addressing specific skin concerns through its diversified product range. The company distinguishes itself through direct-to-consumer distribution channels and a commitment to ingredient transparency within the competitive personal care segment.
Started trading IPO grey markets as a teenager in Jaipur, founded Param Capital in 1993, and has quietly built one of the largest publicly trackable individual equity books in India, ~₹7,100 Cr across 63 listed companies. Neuland Laboratories is one of his legendary calls, delivering multiples for patient followers. Radico Khaitan, AMS Technologies, he finds quality businesses and holds. Sector-agnostic, conviction-heavy, and consistently early.
