✓
Open
15 Sep 2023
✓
Close
20 Sep 2023
3
Allotment
—
✓
Listing
Wed, Sep 27, 2023
Price Band
₹160 per share
Issue Size
17,20,000 shares (agg. up to ₹28 Cr)
Lot Size
800 Shares
Listing Date
Wed, Sep 27, 2023
Latest GMP
₹25
Est. Gain
15.62%
✦ AI Insight
GMP Trend
27-09-2023₹25Est. ₹185+15.62%
26-09-2023₹25Est. ₹185+15.62%
25-09-2023₹33Est. ₹193+20.62%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 46.52x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 14.53 | 2.38 | 1.15 |
| Total Income | 11.09 | 3.84 | 2.48 |
| Profit After Tax | 3.18 | 0.62 | -0.11 |
| NET Worth | 4.69 | -1.09 | -1.71 |
| Reserves and Surplus | 1.24 | -1.10 | -1.72 |
| Total Borrowing | 7.47 | 1.61 | 1.50 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Yudiz Solutions Ltd. | SME | ₹44.84 Cr | ₹165 | 61.8 | ₹181.40 | +9.94% | ₹23.25 (-4.91%) |
| AccelerateBS India Ltd. | SME | ₹5.69 Cr | ₹90 | 27.27 | ₹114.97 | +27.74% | ₹100.23 (-5.00%) |
| Systango Technologies Ltd. | SME | ₹34.82 Cr | ₹90 | 15.13 | ₹102.90 | +14.33% | ₹222.55 (-1.92%) |
| All E Technologies Ltd. | SME | ₹48.20 Cr | ₹90 | 15.36 | ₹131.25 | +45.83% | ₹139.95 (-2.20%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure toward setting up development center at gift city, Gandhinagar | 2.74 |
| 2 | Funding incremental Working Capital Requirement of the Company | 12.50 |
| 3 | Repayment/ prepayment of certain borrowings availed by the Company | 5.80 |
| 4 | General Corporate Purpose | 5.98 |
About Kody Technolab IPO
Incorporated in 2017, 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.+ Read More
Contact Details
Kody Technolab Ltd. Address2nd Floor, Block-J, Safal Monde Near Iscon MallNear Rajpathclub, S.G HighwayBodakdevAhmedabad, Gujarat, 380054+91-9377229944info@kodytechnolab.comVisit Website