Key Points of Yudiz Solutions IPO Draft with NSE:
- Yudiz Solutions, a prominent blockchain, AI, and game development company, has filed draft papers for its IPO with the NSE Emerge.
- Upon completion, Yudiz will become the first company in the blockchain space to go public.
- The IPO comprises a fresh issue of 27,17,600 equity shares.
- Narnolia Financial Services is the merchant banker and lead manager for the IPO, while Pro Legal Solutions, Delhi-based IPO Consultants, and Longview Research and Advisory Services are advising on the issue.
- The IPO is proposed to be listed on NSE’s SME Platform (NSE Emerge), and Yudiz aims to raise funds for developing new products and technology, enhancing branding and marketing, exploring acquisition opportunities for technology companies in India and abroad, capital expenditure, and working capital requirements.
- Yudiz is a global IT services provider headquartered in Ahmedabad and provides cutting-edge solutions in Web and Mobile app development, AI/ML, AR/VR, IoT, and Blockchain.
- Yudiz has a team of over 400 young minds and adept mentors who have delivered over 6,000 projects for several prominent clients worldwide.
- Yudiz plans to expand its business both in terms of infrastructure and human resources and utilize innovative technologies to provide solutions in trending technologies like Metaverse and Web 3.0, and introduce their products, making them a significant contributor to the industry globally.
Details of Yudiz Solutions IPO Draft with NSE:
Yudiz Solutions, a prominent blockchain, artificial intelligence, and game development company, has taken a step towards going public by filing draft papers for its initial public offering (IPO) with the NSE Emerge. Upon completion, Yudiz will become the first company in the blockchain space to go public, which is a significant achievement for the industry.
The IPO comprises a fresh issue of 27,17,600 equity shares, with Narnolia Financial Services as the merchant banker and lead manager. Pro Legal Solutions, Delhi-based IPO Consultants, and Longview Research and Advisory Services are advising on the issue.
The IPO is proposed to be listed on NSE’s SME Platform (NSE Emerge), and Yudiz aims to raise funds for developing new products and technology, enhancing branding and marketing, as well as exploring acquisition opportunities for technology companies in India and abroad, capital expenditure, and working capital requirements.
Yudiz is a global IT services provider headquartered in Ahmedabad and provides cutting-edge solutions in Web and Mobile app development, AI/ML, AR/VR, IoT, and Blockchain. It has a team of over 400 young minds and adept mentors who have delivered over 6,000 projects for several prominent clients worldwide.
Under the leadership of Chairman Bharat Patel, MD Pratik Patel, and CEO Chirag Leuva, Yudiz aims to expand its business both in terms of infrastructure and human resources and utilize innovative technologies to provide solutions in trending technologies like Metaverse and Web 3.0. They also plan to introduce their products, making them a significant contributor to the industry globally.
Recently, Yudiz collaborated with one of India’s biggest telecommunication companies to implement trending technologies and innovative advancements in the gaming and advertising industry. The company’s sustainable development and elementary contribution to society are at the core of their beliefs and practices. Yudiz has received recognition by several respected communities, enabling them to synergize technologies and offer scalable solutions.
About Yudiz Solutions:
Yudiz, an ISO 9001:2015 certified IT development company, offers excellent digital transformation and technology services to meet your needs. From ideation to execution, we have a proven track record of delivering robust, forward-thinking, and high-quality solutions that give our clients a competitive edge.
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