Kody Technolab Limited IPO
NSE SMEListed On: Sep 27, 2023 at ₹ 170.0
₹ 256000 /1600 Shares
*Min Investment
15 Sep, 2023
Open Date20 Sep, 2023
Close Date23 Sep, 2023
Allotment Date27 Sep, 2023
Listing DateKody Technolab Limited IPO Issue Details
- Issue Price ₹160 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,720,000 shares(aggregating up to ₹27.52 Cr)
- Listing at NSE SME
- List Price 170.0
- Listing Date 2023-09-27
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Kfin Technologies Limited
Kody Technolab Limited IPO Details
- Retail Portion 50%
Kody Technolab Limited IPO Details
Kody Technolab Limited IPO is an SME IPO, priced at ₹160 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Sep 15, 2023 to Sep 20, 2023. The allotment is expected to be finalized on Sep 23, 2023, and the tentative listing date is Sep 27, 2023.
The registrar of the IPO is Kfin Technologies Limited, and
Kody Technolab Limited IPO Subscription Analysis And Details
| 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
Kody Technolab Limited Company Financials
| 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 |
About Kody Technolab Limited Company
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
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.01%
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.
Kody Technolab Limited IPO - FAQs
Ans. Kody Technolab Limited IPO is a SME IPO. The issue is priced at ₹160 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Sep 15, 2023, and closes on Sep 20, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Kody Technolab Limited IPO opens on Sep 15, 2023 and closes on Sep 20, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Kody Technolab Limited IPO is 1,720,000 shares(aggregating up to ₹27.52 Cr).
Ans. The Kody Technolab Limited IPO price band is set between ₹160 per equity share.
Ans. To apply for Kody Technolab Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Kody Technolab Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Kody Technolab Limited IPO is Sep 23, 2023.
Ans. The Kody Technolab Limited IPO will be listed on Sep 27, 2023.
Ans. Follow the steps to check the Kody Technolab Limited IPO allotment status online.
