Issue Price
₹160
Per Share
GMP
NIL
Grey Market
Est. Listing
₹160
Expected Price
Min. Application
₹256,000
2 lots × 800 shares
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.
Kody Technolab Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 86,400 | — | ₹1.38 Cr | — |
| TOTAL | 1,720,000 | 100.00% | ₹27.52 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹128,000 |
| Retail (Max) | 13 | 10,400 | ₹1,664,000 |
| sNII (Min) | 14 | 11,200 | ₹1,792,000 |
| bNII (Min) | 68 | 54,400 | ₹8,704,000 |
| Particulars | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Revenue from Operations | 1109.10 | 384.20 | 248.16 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 318.09 | 62.13 | -10.80 |
| Net Worth | 469.35 | -109.03 | -171.16 |
| Total Assets | 1452.55 | 238.04 | 115.14 |
| Reserves & Surplus | 123.99 | -110.03 | -172.16 |
| Total Borrowings | 746.79 | 161.47 | 150.39 |