Kody Technolab Limited IPO Review, Date, Price, GMP

Kody Technolab Limited Incorporated in 2017 is an end-to-end application software development company that helps businesses in their digital transformation by using the best digital solutions and the latest technologies and trends. The company places focus on understanding each customer’s individual difficulties in order to develop highly personalized solutions.

The company provides a full range of services, which are as follows:

  • Custom development
  • Artificial intelligence consulting and implementation
  • IoT services
  • IT Consulting

Kody Technolab Limited has very good knowledge and expertise that helps them to provide innovative, efficient, reliable, and cost-effective solutions. They have a team of qualified professionals consisting of developers, designers, project managers, and quality assurance experts. Their extensive experience and expertise enable them to provide the highest quality solutions that meet the industry’s most stringent standards.

The company’s ability to create personalized solutions that satisfy its client’s specific requirements has earned them a reputation as a reliable and trustworthy technological partner. Their primary purpose is to help companies to survive in the digital age by providing creative and environmentally friendly solutions that promote long-term growth while lowering carbon footprints.

Kody Technolab Limited’s main focus is on making technology accessible and easy to use, thereby alleviating human suffering. They assist businesses in achieving their goals and gaining a competitive edge by delivering tailored software development and consulting services. Their commitment to excellence, social responsibility, and positive impact drives their dedication to contributing to the world’s economic growth.

The Chairman and Managing Director of Kody Technolab Limited, Mr. Manav Subhashchandra Patel, brings with him seven years of experience in the IT industry. Mr. Manav has vast experience and commitment which has helped a lot in making growth strategies and shaping the company’s vision. The company owes their market position to its founders and senior management team’s commitment to this goal.

For the fiscal year ending on March 31, 2023, Kody Technolab Limited reported a total income of Rs. 1109.10 Lakhs and a restated profit after tax of Rs. 318.09 Lakhs. In the preceding fiscal year ending on March 31, 2022, the company’s total income and restated profit after tax were Rs. 384.20 Lakhs and Rs. 62.13 Lakhs, respectively, compared to Rs. 248.16 Lakhs and Rs. (10.80) Lakhs, respectively, in the year ending on March 31, 2021.

Kody Technolab Limited IPO Complete Details:

Kody Technolab Limited IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP OF Kody Technolab Limited is Around 35 Rs.

Objects Of Issue:

  1. Financing the establishment of a development center in Gift City, Gandhinagar.
  2. Securing additional working capital for our company’s growing needs.
  3. Settling or reducing specific loans taken by our company.
  4. Supporting general corporate objectives.
  5. Covering the expenses associated with the offering.

Promoters and Group:

1. Mr. Manav Subhashchandra Patel:

  • Position: Chairman and Managing Director
  • Age: 28 Years
  • Experience: Over 7 years in Information Technology
  • Education: MBA (Distance) and Diploma in Engineering
  • Board Appointment: May 5, 2017
  • Designation as CMD: June 6, 2023 (Non-rotational term of 5 years)
  • Responsibilities: Strategic planning, ethical business growth, technology and management innovation, expansion, and overall management.

2. Mrs. Manali Krunal Patel:

  • Position: Whole-Time Director
  • Age: 32 Years
  • Experience: Over 6 years in IT industry
  • Education: Diploma in Computer Engineering
  • Board Appointment: May 5, 2017
  • Role as Whole-Time Director: Commenced on June 6, 2023
  • Expertise: Software Development, Team Leadership, Quality Management, Project Management, Talent Acquisition.

3. Mrs. Pooja Sunny Patel:

  • Position: Non-Executive Director
  • Age: 34 Years
  • Experience: Over 7 years in IT and Finance
  • Education: Bachelor of Commerce
  • Board Appointment: May 5, 2017
  • Role as Non-Executive Director: Began on May 15, 2023
  • Expertise: Market Research, Strategic Planning, Marketing Strategies.

FAQs:

When Kody Technolab Limited’s IPO is Opening?

Kody Technolab Limited IPO is Opening on 15 September 2023(Friday).

When Kody Technolab Limited IPO is Closing?

Kody Technolab Limited IPO is Closing on 20 September 2023(Wednesday).

What is the IPO Issue Size of Kody Technolab Limited?

The IPO Issue Size of Kody Technolab Limited is 27.52 Crore.

Price Band of Kody Technolab Limited IPO?

The price Band of Kody Technolab Limited IPO is 160 rupees per share.

What is the minimum investment for Kody Technolab Limited IPO?

The minimum investment for Kody Technolab Limited IPO is 128,000 Rupees.

Allotment Date of Kody Technolab Limited IPO?

The Allotment of Kody Technolab Limited IPO is on 25 September 2023(Monday).

Listing Date of Kody Technolab Limited IPO?

The Listing Of Kody Technolab Limited is Scheduled on 28 September 2023(Thursday).

One Should Apply Kody Technolab Limited IPO or Not?

Will Update soon.

How to apply for Kody Technolab Limited IPO through the Zerodha Application?

Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Kody Technolab Limited IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.

How to apply for Kody Technolab Limited IPO through the Upstox Application?

Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Kody Technolab Limited IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.

How to apply for Kody Technolab Limited IPO through Angel One Application?

Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Kody Technolab Limited IPO from the list ——–> Click on Kody Technolab Limited IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.

Who is Kody Technolab Limited IPO’s Lead Manager?

Beeline Capital Advisors Pvt Ltd is the Lead Manager of Kody Technolab Limited IPO.

Where To Check the Allotment of Kody Technolab Limited IPO?

The allotment status for the Kody Technolab Limited IPO will be accessible on the Kfin Technologies Limited Website.

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