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Kody Technolab Limited IPO Date, Price, Review and Details

 

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Kody Technolab Limited IPO

September 15, 2023 - September 20, 2023 Closed

Kody Technolab Limited IPO

Kody Technolab Limited was incorporated in 2017. They're a company that creates custom software for various industries. They aim to be innovative and make their clients happy by tailoring solutions to their needs. They're a one-stop shop for advanced digital solutions. Their knowledge in these fields lets us provide creative, dependable, and budget-friendly solutions. They collaborate closely with clients to grasp their business aims, obstacles, and growth prospects, crafting solutions that drive their success. Their skill in providing tailored solutions that meet their client's exact requirements has established us as a dependable and respected technology ally in their eyes.

Company Promoters:

· Mr. Manav Subhashchandra Patel
· Mrs. Manali Krunal Patel
· Mrs. Pooja Sunny Patel

Objects of this Issue:

· Investing in a development center in Gift City, Gandhinagar.
· Covering additional working capital needs.
· Paying off existing company loans.
· General company needs.
· Covering the costs of the IPO process.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 31 Mar 2022

As on 31 Mar 2021

Total Assets

1,452.55

238.04

115.14

Total Liabilities

1,328.56

237.04

114.14

Net Profit

318.09

62.13

(10.80)

Kody Technolab Limited IPO Schedule

1.     Bid or Offer Opens on: 15 September 2023
2.     Bid or Offer Closes on: 20 September 2023
3.     Finalization of BoA: 25 September 2023
4.     Initiation of Refunds:26 September 2023
5.     Credit of shares to Demat account: 27 September 2023
6.     Listing Date: 28 September 2023

Kody Technolab Limited IPO Lot Size

The market lot size of Kody Technolab Limited IPO is 4000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  2000

₹128,000

Maximum

1

  2000

₹128,000

S-HNI(Minimum)

2

  4000

₹256,000

 

Company Contact Details:

2nd Floor, Block-J, Safal Monde Near Iscon Mall, Near Rajpathclub,

S.G Highway, Bodakdev, Ahmedabad, Gujarat380054, India.

Phone: +91-9377229944

Email: info@kodytechnolab.com

Website: www.kodytechnolab.com

Kody Technolab Limited IPO Registrar Details:

KFIN TECHNOLOGIES LIMITED

Selenium Tower-B, Plot No. 31-32, Gachibowli, Financial District,

Nanakramguda, Serilingampally, Hyderabad, Telangana – 500 032.

Telephone: +91-40-6716-2222

Email: kody.ipo@kfintech.com

Website:  www.kfintech.com


Frequently Asked Question

Companies go public through an IPO to raise capital for business expansion, repay debts, reward early investors, and provide liquidity to existing shareholders.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Underwriters are financial institutions that help companies go public. They assess the company's value, set the IPO price, and purchase shares from the company to sell to the public.
Kody Technolab Limited IPO share price ₹160 per share.
If you do not get the allotment of kody technologies, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
You will receive Kody Technolab Limited IPO shares in your Demat account on September 27, 2023, if allotted.
Lot size of the Kody Technolab Limited IPO is 2000 shares.
Closing date of Kody Technolab Limited IPO is September 20, 2023.
The meaning of "Kody Technolab Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Kody Technolab Limited IPO on the current day.
Kody Technolab Limited IPO shares will get listed on September 28, 2023.
Opening date of Kody Technolab Limited IPO is September 15, 2023.
Pre-issue shareholding of the Kody Technolab Limited IPO promoter is 100.00%.
Post-issue shareholding of the Kody Technolab Limited IPO services promoter is 73.01%.
The face value of Kody Technolab Limited IPO is ₹10 per share.
kody technolab private limited Shares will get listed at NSE SME.
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