Kody Technolab Limited IPO

Kody Technolab Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹160 per share. The stock debuted at ₹170, delivering a listing gain of 6.3%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,28,000.

Kody Technolab Limited IPO

NSE SME Listed
₹1,28,000 (800 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 15, 2023 – Sep 20, 2023
Price band
₹160 per equity share
Minimum Investment
₹1,28,000
Issue size
1,720,000 shares(aggregating up to ₹27.52 Cr)
Lot size
800
Allotment Date
Sep 23, 2023
Listing
Sep 27, 2023
Listing At
NSE SME

IPO timeline

  1. Sep 15, 2023

    Open Date

    Completed

  2. Sep 20, 2023

    Close Date

    Completed

  3. Sep 23, 2023

    Allotment Date

    Completed

  4. Sep 27, 2023

    Listing Date

    Completed

Kody Technolab Limited IPO Essentials

Kody Technolab Limited IPO Details

Kody Technolab Limited IPO is priced at ₹160 per share with a total issue size of 1,720,000 shares(aggregating up to ₹27.52 Cr). The IPO has a lot size of 800 shares and is listed on NSE SME.

Issue price
₹160 per equity share
Lot size
800 shares
Face value
₹10 Per Equity Share
Issue size
1,720,000 shares(aggregating up to ₹27.52 Cr)
Listing at
NSE SME
List price
170.0
Listing date
Registrar
Kfin Technologies Limited
Lead manager
Beeline Capital Advisors Pvt Ltd

Kody Technolab Limited IPO Details

  • Retail Portion 50%

Kody Technolab Limited IPO Documents

Kody Technolab Limited IPO Analytics

Kody Technolab Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Kody Technolab Limited IPO Subscription Status

Kody Technolab Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 816,800 816,800 16,33,600
Day 1 15-09-23 06:00 PM
(0.64) x 1.99 x 1.31 x
Day 2 18-09-23 06:00 PM
(2.89) x 14.08 x 8.51 x
Day 3 20-09-23 06:00 PM
(32.89) x 53.56 x 47.41 x

Kody Technolab Limited Valuations

Earnings

EPS (Post IPO)
₹7.06/-
P/E Ratio
22.66

Returns

RoNW
67.77%

Data sourced from DRHP / RHP • For educational purposes only

Kody Technolab Limited Financials( In Lakhs)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 1,452.55 238.04 115.14
Revenue 1,109.10 384.20 248.16
Profit After Tax 318.09 62.13 -10.80

Kody Technolab Limited Company & Offer Insights

About Kody Technolab Limited

Kody Technolab Limited provides software development services to a diverse set of industries.

The company provides Staff Augmentation, ML Development, AR Development and Implementation, Enterprise Mobility, CX Strategy and Design, Digital Transformation, Business Analytics and intelligence, Artificial Intelligence Robotics IT Consulting, Mobile and Web App Development, Internet of Things (IoT) services, and IT consulting services.

As of June 2023, the Company has over 106 employees, comprising developers, designers, project managers, and quality assurance specialists.

For the year ended March 31, 2023, Kody Tech's Total Income and Restated Profit after tax were Rs. 1109.10 Lakhs and Rs. 318.09 Lakhs. For the year ended March 31, 2022, the company's Total Income and Restated Profit after tax were Rs. 384.20 Lakhs and Rs. 62.13 Lakhs, as compared to the Total Income and Restated Profit after tax of Rs. 248.16 Lakhs and Rs. (10.80) Lakhs respectively, over the previous year ended i.e. March 31, 2021.

Kody Technolab Limited Promoter(s)

Mr. Manav Subhashchandra Patel, Mrs. Manali Krunal Patel, Mrs. Pooja Sunny Patel are the company's promoters of Kody Technolab Limited.

Kody Technolab Limited IPO Issue Objectives

Funding Capital Expenditure toward setting up a development center at Gift City, Gandhinagar.
Funding incremental Working Capital Requirement of the company.
Repayment/ prepayment of certain borrowings availed by the company.
General Corporate Purpose.
To Meet the Issue Expenses.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Kody Technolab Limited IPO is a Fixed Priced IPO worth ₹1,720,000 shares(aggregating up to ₹27.52 Cr). The issue price is ₹160 per share (fixed price). The IPO opens on Sep 15, 2023 and closes on Sep 20, 2023. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.

The issue price of Kody Technolab Limited IPO is ₹160 per share (fixed price).

The lot size of Kody Technolab Limited IPO is 800 shares.

The minimum investment for Kody Technolab Limited IPO is approximately ₹1,28,000 based on the issue price .

Kody Technolab Limited IPO opens on Sep 15, 2023 and closes on Sep 20, 2023.

The allotment date of Kody Technolab Limited IPO is Sep 23, 2023.

Kody Technolab Limited IPO is expected to be listed on Sep 27, 2023, on NSE SME Platform.

Kody Technolab Limited IPO valuation snapshot: P/E 22.66, EPS ₹7.06/-, P/B N/A, RoNW 67.77%, and market cap N/A.

To apply for Kody Technolab Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Kody Technolab Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Kody Technolab Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Kody Technolab Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Kody Technolab Limited IPO allotment status on IPO Ji for quick and easy access.