Are you ready to dive into the exciting world of Kody Technolab IPO? In this article, we’ll provide you with all the essential information you need to know about this eagerly anticipated initial public offering.
IPO Overview
Kody Technolab IPO Date: Mark Your Calendar!
- Opening Date: September 15, 2023
- Closing Date: September 20, 2023
- IPO Size: Approximately ₹27.52 Crores
- Equity Shares: 17,20,000
- Face Value: ₹10 Per Equity Share
- Price Band: ₹160 Per Equity Share
- Listing Exchange: NSE SME
About Kody Technolab
Kody Technolab is a dynamic player in the software development services sector, serving a diverse range of industries. With a relentless focus on innovation and customer satisfaction, Kody Technolab crafts bespoke software solutions tailored to the unique needs and requirements of their clients. As a full-stack development company, they are at the forefront of delivering cutting-edge digital solutions that drive digital transformation.
Also Read : Techknowgreen Solutions IPO: Everything You Need to Know
Services Offered
Kody Technolab offers an extensive suite of services, including:
- Custom Development
- AI Consultation & Implementation
- IOT Services
- IT Consulting Services
Their expertise in these domains enables them to deliver not only innovative but also efficient, reliable, and cost-effective solutions. By working closely with their clients to comprehend their business goals and challenges, Kody Technolab designs solutions that empower them to achieve their objectives.
Team of Experts
The backbone of Kody Technolab is its team of skilled professionals, which includes developers, designers, project managers, and quality assurance specialists. Leveraging their extensive experience and domain expertise, they consistently deliver high-quality solutions that adhere to the industry’s highest standards. Their reputation as a trusted and reliable technology partner is a testament to their ability to provide customized solutions that cater to their clients’ specific needs.
Objects of the Issue
The proceeds from the IPO will be allocated for the following purposes:
- Funding Capital Expenditure to establish a development center at Gift City, Gandhinagar.
- Meeting incremental Working Capital Requirements.
- Repayment/prepayment of certain borrowings.
- General Corporate Purposes.
- Covering Issue Expenses.
Kody Technolab IPO Market Lot
The minimum market lot for the Kody Technolab IPO is 800 shares, with an application amount of ₹128,000.
IPO Timetable
- IPO Allotment Date: September 25, 2023
- Refunds: September 26, 2023
- Credit to Demat Account: September 27, 2023
- Listing Date: September 28, 2023
How to Apply
Wondering how to apply for the Kody Technolab IPO? You can do so conveniently through ASBA available in your bank account. Alternatively, you can download IPO forms from the NSE website, fill them out, and submit them through your bank or broker.
Financial Performance
Here’s a glimpse of Kody Technolab’s financial performance:
- 2021: Revenue – ₹2.48 Crores, Expense – ₹2.60 Crores, PAT – ₹0.11 Crores
- 2022: Revenue – ₹3.84 Crores, Expense – ₹3.26 Crores, PAT – ₹0.62 Crores
- 2023: Revenue – ₹11.09 Crores, Expense – ₹6.73 Crores, PAT – ₹3.18 Crores
Valuation
Check out Kody Technolab’s IPO valuation details for FY2023:
- Earning Per Share (EPS): ₹7.06 per Equity Share
- Price/Earning (P/E) Ratio: N/A
- Return on Net Worth (RoNW): 67.77%
- Net Asset Value (NAV): ₹13.59 per Equity Share
Peer Group
Kody Technolab’s peer group includes:
- Ksolves India Limited
- Sigma Solves Limited
Company Promoters
The driving forces behind Kody Technolab are:
- Mr. Manav Subhashchandra Patel
- Mrs. Manali Krunal Patel
- Mrs. Pooja Sunny Patel
IPO Registrar
Kody Technolab IPO registrar details:
- Registrar: KFin Technologies Limited
- Tel: +91 40 6716 2222
- E-mail: kody.ipo@kfintech.com
- Website: KFin Technologies
Allotment Status
Keep an eye on your allotment status on the KFin Technologies website for Kody Technolab IPO.
Lead Managers
The lead managers for Kody Technolab IPO are Beeline Capital Advisors Pvt. Ltd.
Company Address
Kody Technolab Limited 2nd Floor, Block-J, Safal Monde Near Iscon Mall, Near Rajpathclub, S.G Highway, Bodakdev, Ahmedabad, Gujarat-380054 Phone: +91-9377229944 E-mail: info@kodytechnolab.com Website: Kody Technolab
Stay tuned for the Kody Technolab IPO review.
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