IPO

Kody Technolab Limited IPO

NSE SME

Listed On: Sep 27, 2023 at ₹ 170.0

₹ 128000 /800 Shares

Check Allotment

Kody Technolab Limited IPO Details

15 Sep, 2023

Open Date

20 Sep, 2023

Close Date

23 Sep, 2023

Allotment Date

27 Sep, 2023

Listing Date

Issue Price

₹160 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

170.0

Listing Date

2023-09-27

Market Lot

800 Shares (₹128,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

1,720,000 shares(aggregating up to ₹27.52 Cr)

Retail Portion

50%

Subscription

47.41 times

IPO Docs

DRHP RHP

Kody Technolab Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved816,800816,80016,33,600
Day 1 - 15-09-23 06:00 PM0.64 x1.99 x1.31 x
Day 2 - 18-09-23 06:00 PM2.89 x14.08 x8.51 x
Day 3 - 20-09-23 06:00 PM32.89 x53.56 x47.41 x

Kody Technolab Limited Valuations

Earnings Per Share (EPS)

₹7.06/-

P/E Ratio

22.66

RoNW

67.77%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Kody Technolab Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets1,452.55238.04115.14
Revenue1,109.10384.20248.16
Profit After Tax318.0962.13-10.80

About The 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.

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Kody Technolab Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.01%

Company Promoter(s)

  1. Mr. Manav Subhashchandra Patel
  2. Mrs. Manali Krunal Patel
  3. Mrs. Pooja Sunny Patel

Kody Technolab Limited IPO - Issue Objectives

  1. Funding Capital Expenditure toward setting up a development center at Gift City, Gandhinagar.
  2. Funding incremental Working Capital Requirement of the company.
  3. Repayment/ prepayment of certain borrowings availed by the company.
  4. General Corporate Purpose.
  5. 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. The size of Kody Technolab Limited IPO is 1,720,000 shares(aggregating up to ₹27.52 Cr).

Ans. The IPO price band is set between ₹160 per equity share.

Ans. To apply for Kody Technolab Limited IPO 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 allotment status for Kody Technolab Limited IPO here.