Kody Technolab Limited IPO (Kody Technolab IPO)

Kody Technolab Limited IPO
Upcoming Kody Technolab IPO | New Kody Technolab IPO

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

Kody Technolab IPO – Details

IPO Opening Date15 September 2023
IPO Closing Date20 September 2023
Issue TypeFixed Price Issue IPO
Issue Size17,20,000 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 Lot800 Shares
Min Order800 Shares (1 Lot)
Listing AtNSE SME
RegisterKfin Technologies Limited
Other Shares Offered50%
Retail Shares Offered50%

Kody Technolab IPO – Date Schedule

IPO Open Date15 September 2023
IPO Close Date20 September 2023
Basis of Allotment25 September 2023
Initiation of Refund26 September 2023
Credit of Shares to Demat Account27 September 2023
IPO Listing Date28 September 2023
Cut-off time for UPI mandate confirmation5 PM on Sep 20, 2023

Kody Technolab IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)18001,28,000
Retail (Maximum)18001,28,000
HNI (Minimum)216002,56,000

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.
Kody Technolab IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 20212.482.59-0.101.50
31 March 20223.843.250.621.61
31 March 202311.096.733.187.46
Amount in ₹ Crore

Key Performance Indicator

P/E (x)22.66
Market Cap (₹ Cr.)101.98
EPS (Rs)7.06

Kody Technolab IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.01%

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

Kody Technolab IPO Registrar

Kfin Technologies Limited

Phone: +91 810 811 4949
Email: kody.ipo@kfintech.com

Kody Technolab IPO Lead Manager(s)

1. Beeline Capital Advisors Private Limited

Kody Technolab IPO FAQs

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.
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