Kody Technolab Ltd
Price Range
₹160
Min. Quantity
800
Closes on
20 September 2023
Min. investment
₹1,28,000/800 Shares
Kody Technolab Ltd IPO Timeline
Kody Technolab Ltd. was originally incorporated on May 5, 2017 as 'Kody Technolab Private Limited' with the Registrar of Companies. Subsequently, Company was converted into Public Limited and name of Company was changed to 'Kody Technolab Limited' vide fresh Certificate of Incorporation dated April 11, 2023 issued by the Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Kody Technolab Ltd IPO Opening Date | 15 September 2023 |
| Kody Technolab Ltd IPO Closing Date | 20 September 2023 |
| Basis of Allotment | 1 January 1970 |
| Initiation of Refunds | 1 January 1970 |
| Credit of Shares to Demat | 1 January 1970 |
| Kody Technolab Ltd IPO Listing Date | 27 September 2023 |
Kody Technolab Ltd IPO Details
| Kody Technolab Ltd IPO Date | 15 September 2023 to 20 September 2023 |
| Kody Technolab Ltd IPO Face Value | ₹10 per share |
| Kody Technolab Ltd IPO Price | ₹160 to ₹0 per share |
| Kody Technolab Ltd IPO Lot Size | 800 |
| Issue Size | Shares of ₹10 (aggregating up to ₹27.52 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹27.52 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Manav Subhashchandra Patel, Manali Krunal Patel, Pooja Sunny Patel |
Kody Technolab Ltd IPO Lot Size
The Kody Technolab Ltd IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹1,28,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 800 | ₹1,28,000 |
| Maximum | 1 | 800 | ₹1,28,000 |
- Strengths
- Risks
- Opportunities
- 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 Financials
Kody Technolab Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 42.72 | 23.23 | 4.89 |
| 03-2023 | 14.52 | 11.09 | 2.92 |
| 03-2022 | 2.38 | 3.84 | 0.62 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure towards setting up developement center at gift city Gandhinagar
- Funding incremental working capital requirement of the company
- Repayment/prepayment of certain borrowings availed by the company
- General corporate expenses
Kody Technolab Ltd IPO Promoter Holding
| Pre Issue Share Holding | 89.88% |
| Post Issue Share Holding | 65.62% |
Kody Technolab Ltd IPO Subscription Status (Bidding Detail)
The Kody Technolab Ltd IPO is subscribed 45.0321 times on 20 September 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 45.0321 |
Kody Technolab Ltd IPO Prospectus
Kody Technolab Ltd IPO Listing Date
| Listing Date | 27 September 2023 |
| BSE Script | 91666 |
| NSE Symbol | KODYTECH |
| Listing In | NSE - SME |
| ISIN | INE0Q7P01013 |
| IPO Price | ₹160 |
| Face Value | ₹10 |
Company Contact Information
2 Flr Block J Safal Monde IscoMall Near Rajpath Club SG Hig,Ahmedabad-380054
Phone: +91-9377229944
Email: info@kodytechnolab.com
Website: www.kodytechnolab.com
Kody Technolab Ltd IPO Registrar
Kody Technolab Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Kody Technolab Ltd IPO?
I have pre-applied for Kody Technolab Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.