| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹27.52 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹27.52 Cr |
| Fresh Issue | ₹26.14 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน160.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | KODYTECH |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 800 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure toward setting up development center at gift city, Gandhinagar | 2.74 |
| 2 | Funding incremental Working Capital Requirement of the Company | 12.50 |
| 3 | Repayment/ prepayment of certain borrowings availed by the Company | 5.80 |
| 4 | General Corporate Purpose | 5.98 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 14.53 | 2.38 | 1.15 |
| Total Income | 11.09 | 3.84 | 2.48 |
| Profit After Tax | 3.18 | 0.62 | -0.11 |
| NET Worth | 4.69 | -1.09 | -1.71 |
| Reserves and Surplus | 1.24 | -1.10 | -1.72 |
| Total Borrowing | 7.47 | 1.61 | 1.50 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 176.59% |
| ROCE | 97.37% |
| Debt / Equity | 1.59% |
| RoNW | 67.77% |
| PAT Margin | 29.04% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 7.06 | |
| P/E (x) | 22.66 | 32.06 |
| Promoter Holding | 100.00% | 73.01% |
| Market Cap | โน101.98 Cr. | |