Open Date
15 Sep 2023
20 Sep 2023
800 shares
₹ 27.52 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹160 per share
Close Date
Allotment Date
25 Sep 2023
28 Sep 2023
Kody Technolab Limited, founded in 2017, offers software development services to a wide range of businesses. Staff Augmentation, ML Development, AR Development and Implementation, Enterprise Mobility, CX Strategy and Design, Digital Transformation, Business Analytics and Intelligence, and Artificial Intelligence Robotics are all services offered by the organization. IT consulting, mobile and web app development, Internet of Things (IoT) services, and IT consulting services are all available.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: 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.
The book-running lead managers to the offer are: Beeline Capital Advisors Pvt Ltd
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