Last updated on October 25, 2023
Kody Technolab IPO description – Incorporated in 2017, Kody Technolab is in the business of software development services to a diverse set of industries. With a focus on innovation and customer satisfaction, it provides clients with custom software solutions that cater to their specific needs and requirements.
The company is a full-stack development company that provides innovative and cutting-edge digital solutions to clients. It specializes in helping businesses undergo Digital Transformation by leveraging the latest technologies and trends. With a keen focus on understanding the unique challenges faced by clients, it provides customized solutions that are tailored to meet their specific needs.
Kody Technolab offers a wide range of services that include custom development, AI Consultation, and implementation, IOT Services, and IT consulting services.
As of 31 March 2023, the company’s total income and restated profit after tax were INR 1109.10 Lakhs and INR 318.09 Lakhs. FY 2022, the company’s total income and restated profit after tax were INR 384.20 Lakhs and INR 62.13 Lakhs, compared to the company’s total income and restated profit after tax were INR 248.16 Lakhs and INR (10.80) Lakhs respectively, FY2021.
Promoters of Kody Technolab – Mr. Manav Subhashchandra Patel, Mrs. Manali Krunal Patel and Mrs. Pooja Sunny Patel
Table of Contents
Kody Technolab IPO Details
| Kody Technolab IPO Dates | 15 – 20 Sep 2023 |
| Kody Technolab Issue Price | INR 160 per share |
| Fresh issue | 17,20,000 shares (INR 27.52 crore) |
| Offer For Sale | NIL |
| Total IPO size | 17,20,000 shares (INR 27.52 crore) |
| Minimum bid (lot size) | 800 shares (INR 128,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Kody Technolab Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 248.15 | 384.01 | 1,095.24 |
| Expenses | 259.59 | 325.50 | 673.13 |
| Net income | (10.80) | 62.13 | 318.09 |
Kody Technolab Offer News
- Kody Technolab RHP
- Kody Technolab Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Kody Technolab Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (4.01) | 23.05 | 7.06 |
| PE ratio | – | – | 22.66 |
| RONW (%) | (6.31) | (56.98) | 67.77 |
| NAV | (1711.56) | (1090.28) | 13.59 |
| ROCE (%) | 6.68 | (53.83) | 97.37 |
| EBITDA (%) | (1.82) | 17.87 | 42.35 |
| Debt/Equity | (0.88) | (1.48) | 1.59 |
Kody Technolab IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 26 September 2023 | 35 | – | 21,000 |
| 25 September 2023 | 35 | – | 21,000 |
| 23 September 2023 | 35 | – | 21,000 |
| 22 September 2023 | 40 | – | 25,000 |
| 21 September 2023 | 50 | – | 35,000 |
| 20 September 2023 | 50 | – | 35,000 |
| 19 September 2023 | 50 | – | 35,000 |
| 18 September 2023 | 50 | – | 40,000 |
| 16 September 2023 | 50 | – | 40,000 |
Kody Technolab IPO Subscription – Live Updates
| Category | NII | Retail | Total |
|---|---|---|---|
| Shares Offered | 903,200 | 816,800 | 1,720,000 |
| 20 Sep 2023 | 37.32 | 53.56 | 45.03 |
| 18 Sep 2023 | 2.70 | 13.84 | 7.99 |
| 15 Sep 2023 | 1.27 | 5.33 | 3.20 |
Kody Technolab Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054
Phone: +91-79-48405357, 48406357
Email:Â [email protected]
Website:Â www.beelinemb.com
Kody Technolab Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Kody Technolab Contact Details
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: [email protected]
Website: www. kodytechnolab.com
Kody Technolab IPO Allotment Status
Kody Technolab IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Kody Technolab IPO Dates & Listing Performance
| IPO Opening Date | 15 September 2023 |
| IPO Closing Date | 20 September 2023 |
| Finalization of Basis of Allotment | 23 September 2023 |
| Initiation of refunds | 26 September 2023 |
| Transfer of shares to demat accounts | 26 September 2023 |
| IPO Listing Date | 27 September 2023 |
| Opening Price on NSE SME | INR 170 per share (up 6.25%) |
| Closing Price on NSE SME | INR 178.50 per share (up 11.56%) |
IPO FAQs
What is the Kody Technolab offer size?
Kody Technolab offer size is INR 27.52 crores.
What is the Kody Technolab offer price band?
Kody Technolab public offer price is INR 160 per share.
What is the lot size of the Kody Technolab IPO?
Kody Technolab offer lot size is 800 shares.
What is Kody Technolab IPO GMP today?
Kody Technolab IPO GMP today is INR 35 per share.
What is the Kody Technolab kostak rate today?
Kody Technolab kostak rate today is INR NA per application.
What is Kody Technolab Subject to Sauda rate today?
Kody Technolab Subject to Sauda rate today is INR 21,000 per application.
