Kody Technolab IPO Details | GMP, Date, Price, Review

Kody Technolab IPO

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Kody Technolab IPO Details ( Kody Technolab Limited IPO Review )

(15 Sep 2023 – 20 Sep 2023)

Kody Technolab Limited was founded in 2017 with a mission to offer top-notch software development services across various industries.

Our wide range of services includes Staff Augmentation, Machine Learning Development, Augmented Reality Development and Integration, Enterprise Mobility Solutions, Customer Experience Strategy and Design, Digital Transformation, Business Analytics and Intelligence, Artificial Intelligence and Robotics Consulting, Mobile and Web App Development, Internet of Things (IoT) Solutions, and comprehensive IT consulting.

As of June 2023, our team has grown to include more than 106 dedicated professionals, including developers, designers, project managers, and quality assurance specialists, all working together to bring innovative solutions to our clients.

Kody Technolab Limited IPO Competitive Strength

  • Existing client relationship
  • Diversified customer base and revenue sources
  • Well-trained employee base
  • Opportunity for innovation
  • Global Delivery Network
  • Emphasis on cybersecurity
  • Experienced Promoters

Kody Technolab IPO Financials Performance ( Results )

Kody Technolab Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of IPO Issue

  • Funding Capital Expenditure toward setting up a development center at Gift City, Gandhinagar.
  • Funding incremental Working Capital Requirement of the company.
  • Repayment/ prepayment of certain borrowings availed by the company.
  • General Corporate Purpose.
  • To Meet the Issue Expenses.

Kody Technolab IPO Basic Details

IPO DateSep 15, 2023 to Sep 20, 2023
Listing DateThursday, September 28, 2023
Face Value₹10 per share
Price₹160 per share
Lot Size800 Shares
Issue Size1,720,000 shares of ₹10
(aggregating up to ₹27.52 Cr)
Fresh Issue1,720,000 shares of ₹10
(aggregating up to ₹27.52 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Share holding pre issue4,653,780
Share holding post issue6,373,780
Company PromotersMr. Manav Subhashchandra Patel,
Mrs. Manali Krunal Patel And
Mrs. Pooja Sunny Patel

Kody Technolab IPO Reservation

Other Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue

Kody Technolab IPO Timetable

Kody Technolab IPO will open on September 15, 2023 and close on September 20, 2023. You can join Kody Technolab IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date15 September 2023 (Friday)
Closing Date20 September 2023 (Wednesday)
Basis of Allotment25 September 2023 (Monday)
Initiation of Refunds26 September 2023 (Tuesday)
Credit of Shares to Demat27 September 2023 (Wednesday)
Listing Date28 September 2023 (Thursday)
Deadline for UPI mandate confirmation5 PM on 20 September 2023

Kody Technolab IPO Lot Size

For retail investors in Kody Technolab IPO, 800 shares will come in 1 lot or the minimum investment will be ₹256,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹256,000.

Retail (Min)1800₹128,000
Retail (Max)1800₹128,000
HNI (Min)21600₹256,000

Kody Technolab IPO Promoter Holding

The company’s promoters include Mr. Manav Subhashchandra Patel, Mrs. Manali Krunal Patel and Mrs. Pooja Sunny Patel.

Pre Issue Share Holding100.00%
Post Issue Share Holding73.01%

Kody Technolab Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Market Cap (₹ Cr.)101.98
Earning Per Share (EPS)₹7.06 per Equity Share
Net Asset Value (NAV)₹13.59 per Equity Share
P/E Ratio (P/E) (x)22.66
Return on Net Worth (RoNW) (%)67.77
Return on equity (ROE) (%)176.59
Return on Capital Employed (ROCE) (%)97.37
Debt/Equity Ratio1.59

Kody Technolab Ltd Peer Comparison

Company NameConsolidated/
Kody Technolab
Ksolves India
Sigma Solves

Kody Technolab IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
22 September 2023₹35
21 September 2023₹35
20 September 2023₹40
19 September 2023₹50
18 September 2023₹55
17 September 2023₹65
16 September 2023₹65
15 September 2023₹70
14 September 2023₹70

Kody Technolab IPO Detail Video:

Kody Technolab IPO Subscription Status (Bidding Detail)

The Kody Technolab IPO on September 20, 2023 at 7:30:00 PM was subscribed 51.55 times, with the retail category being subscribed 53.56 times, the other category being subscribed 41.17 times.


Kody Technolab IPO Prospectus

Kody Technolab IPO DRHPDownload
Kody Technolab IPO RHPDownload
Kody Technolab IPO Anchor Investors Details PDFDownload

Kody Technolab IPO Rating

Our Rating4.0/5.0

Kody Technolab Company Contact Information

Kody Technolab Limited

Registered Office: 2nd Floor, Block-J, Safal Monde Near Iscon Mall,
Near Rajpathclub, S.G Highway, Bodakdev, Ahmedabad,
Gujarat-380054, India.
Tel No.: +91-9377229944
Email: info@kodytechnolab.com
Website: www. kodytechnolab.com
Contact Person: Mrs. Sanchita Ojha, Company Secretary and Compliance Officer
Our Promoters: Mr. Manav Subhashchandra Patel, Mrs. Manali Krunal Patel
And Mrs. Pooja Sunny Patel

Kody Technolab IPO Registrar

Kfin Technologies Limited

Registered Office: Selenium Tower-B, Plot No. 31-32, Gachibowli, Financial District,
Nanakramguda, Serilingampally, Hyderabad, Telangana – 500 032.
Tel. No.: +91-40-6716-2222
Fax No.: +91-40-2343-1551
Email: kody.ipo@kfintech.com
Website: www.kfintech.com
Investor Grievance Email: einward.ris@kfintech.com
Contact Person: M Murali Krishna
SEBI Registration No.: INR000000221

Kody Technolab IPO Lead Manager

Beeline Capital Advisors Private Limited

Registered Office: B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054,
Gujarat, India.
Tel. No.: +91-79-48405357, 48406357
Email: mb@beelinemb.com
Website: www.beelinemb.com
Investor Grievance Email: ig@beelinemb.com
Contact Person: Mr. Nikhil Shah
SEBI Registration No.: INM000012917

Kody Technolab IPO FAQs

What is the lot size of Kody Technolab IPO?

The total size of Kody Technolab IPO is ₹27.52 crores and this is a complete fresh Issue.

When will Kody Technolab IPO start?

Kody Technolab IPO will open from 15 September 2023 and IPO will close on 20 September 2023.

What is the open date of Kody Technolab IPO?

Kody Technolab IPO will open date from 15 September 2023.

What is the last date ( close date ) of Kody Technolab IPO?

Kody Technolab IPO will close from 20 September 2023.

What is the price band of Kody Technolab IPO?

Kody Technolab IPO price band is ₹160.

What is the minimum amount required to apply for Kody Technolab IPO?

The minimum investment for retailers to apply for Kody Technolab IPO is ₹128,000 and the maximum investment is ₹128,000.

What is going on gray market premium of Kody Technolab IPO?

View gray market premium of Kody Technolab IPO by Clicking Here

How much is the GMP of Kody Technolab IPO?

Watch Kody Technolab IPO GMP Today: Click Here

What is the allotment date of Kody Technolab IPO?

The allotment date of Kody Technolab IPO is 25 September 2023.

How to check allotment status in Kody Technolab IPO?

To check the allotment status of Kody Technolab IPO, first of all go to the registrar website by clicking here, select your bad Kody Technolab IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Kody Technolab IPO?

The listing date of Kody Technolab IPO is 28 September 2023.

How much will be the listing gain in Kody Technolab IPO?

View listing gain of Kody Technolab IPO by Clicking Here

How much time Kody Technolab IPO is subscribed?

Total 51.55 times subscribed in Kody Technolab IPO out of which 53.56 times subscription was done in retail quota, 41.17 times subscription in other quota.

How to apply for Kody Technolab IPO from Upstox?

Click Here to see how to apply for Kody Technolab IPO from Upstox. (step by step)

How to apply for Kody Technolab IPO from Zerodha?

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How to apply for Kody Technolab IPO from Angle One?

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