Kody Technolab Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 816,800 (47%) | — | ₹1,307 Cr |
| Retail | — | 816,800 (47%) | — | ₹1,307 Cr |
| Market Maker | — | 86,400 (5%) | — | ₹14 Cr |
| Σ Total | — | 1,720,000 (100%) | — | ₹27,520 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹128,000 |
| Retail (Max) | 13 | 10,400 | ₹1,664,000 |
| S-HNI (Min) | 14 | 11,200 | ₹1,792,000 |
| B-HNI (Min) | 67 | 53,600 | ₹8,576,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Revenue | 1,109 | 384 | 248 |
| Profit After Tax | 318 | 62 | -11 |
| Net Worth | 469 | -109 | -171 |
| Total Assets | 1,453 | 238 | 115 |
| Reserves & Surplus | 124 | -110 | -172 |
| Total Borrowing | 747 | 161 | 150 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding Capital Expenditure toward setting up development center at gift city, Gandhinagar – 2.74
- Funding incremental Working Capital Requirement of the Company – 12.50
- Repayment/ prepayment of certain borrowings availed by the Company – 5.80
- General Corporate Purpose – 5.98
Company Overview
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.