Kody Technolab Limited is in business of software development services to a diverse set of industries. With a focus on innovation and customer satisfaction, the company provide its clients with custom software solutions that cater to their specific needs and requirements.
Kody Technolab Limited offers a wide range of services that include custom development, AI Consultation & Implementation, IOT Services, and IT consulting services.
The company is a full stack development company that provides innovative and cutting-edge digital solutions to the clients. The company specializes in helping businesses undergo Digital Transformation by leveraging the latest technologies and trends.
The Company has presence in USA, Canada and UK through our sales representative in that country from where we market our services and solutions.
Kody Technolab IPO – Details
| IPO Opening Date | 15 September 2023 |
| IPO Closing Date | 20 September 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 17,20,000 Shares Worth ₹27.52 Crore Fresh Issue: 17,20,000 Shares Worth ₹27.52 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹160 |
| Market Lot | 800 Shares |
| Min Order | 800 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Kody Technolab IPO – Date Schedule
| IPO Open Date | 15 September 2023 |
| IPO Close Date | 20 September 2023 |
| Basis of Allotment | 25 September 2023 |
| Initiation of Refund | 26 September 2023 |
| Credit of Shares to Demat Account | 27 September 2023 |
| IPO Listing Date | 28 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Sep 20, 2023 |
Kody Technolab IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 800 | 1,28,000 |
| Retail (Maximum) | 1 | 800 | 1,28,000 |
| HNI (Minimum) | 2 | 1600 | 2,56,000 |
Competitive Strengths
- Existing client relationship.
- Diversified customer base and revenue sources.
- Well-trained employee base.
- Opportunity for innovation.
- Global Delivery Network.
- Emphasis on cybersecurity.
- Experienced Promoters.
Company Promoters
- Mr. Manav Subhashchandra Patel
- Mrs. Manali Krunal Patel
- Mrs. Pooja Sunny Patel
Object Of The Issue
- Funding Capital Expenditure toward setting up 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.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 2.48 | 2.59 | -0.10 | 1.50 |
| 31 March 2022 | 3.84 | 3.25 | 0.62 | 1.61 |
| 31 March 2023 | 11.09 | 6.73 | 3.18 | 7.46 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 22.66 |
| Market Cap (₹ Cr.) | 101.98 |
| ROE | 176.59 |
| ROCE | 97.37 |
| Debt/Equity | 1.59 |
| EPS (Rs) | 7.06 |
| RoNW | 67.77 |
Kody Technolab IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 73.01% |
Kody Technolab IPO Prospectus
Company Contact Information
| Kody Technolab Limited 2nd Floor, Block-J, Safal Monde Near Iscon Mall, Near Rajpathclub, S.G Highway, Bodakdev, Ahmedabad, Gujarat 380054, India. Phone: +91-9377229944 Email: info@kodytechnolab.com Website: www.kodytechnolab.com |
Kody Technolab IPO Registrar
| Kfin Technologies Limited Phone: +91 810 811 4949 Email: kody.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Kody Technolab IPO Lead Manager(s)
| 1. Beeline Capital Advisors Private Limited |
Kody Technolab IPO FAQs
| What is Kody Technolab IPO? Kody Technolab IPO is a SME IPO. The issue is priced at ₹160 per equity share. The IPO is to be listed on NSE SME. |
| When Kody Technolab IPO will open? The IPO is to open on 15 September 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Kody Technolab IPO? You can apply Kody Technolab IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Kody Technolab IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Kody Technolab”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Kody Technolab IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Kody Technolab”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Kody Technolab IPO Size? Kody Technolab IPO size is ₹27.52 crores. |
| What is Kody Technolab IPO Price Band? Kody Technolab IPO Price Band is ₹160. |
| What is Kody Technolab IPO Minimum and Maximum Lot Size? The minimum bid is 800 Shares with ₹1,28,000 amount while the maximum bid is 800 shares with ₹1,28,000 . |
| What is the Kody Technolab IPO Allotment Date? Kody Technolab IPO allotment date is 25 September 2023. |
| What is the Kody Technolab IPO Listing Date? Kody Technolab IPO listing date is 28 September 2023. The IPO is to list on NSE SME. |
