Kody Technolab Limited

About the company

## **About the Kody Technolab Limited IPO :** ### Incorporated in 2017, Kody Technolab Limited is in the business of software development services to a diverse set of industries. The company specializes in helping businesses undergo Digital Transformation by leveraging the latest technologies and trends. The c ompany has presence in USA, Canada and UK. ### The company offers a wide range that include custom development, AI consultation & implementation, IOT, and IT consulting services. The company expertise in these areas allows them to deliver solutions that are not only innovative but also efficient, reliable and cost effective. This helps businesses achieve their goals and gain a competitive advantage by providing tailored software solutions. ### The  purpose of the company  is to empowers businesses to thrive in the digital age by providing innovative, eco-friendly solutions that drive sustainable growth and reduce carbon footprints.  They  focus on making technology easy to use, accessible, and reducing human suffering & help businesses achieve their goals and gain a competitive advantage by providing tailored software development and consulting services. ### Now, Kody Technolab Limited is coming out with its initial public offer (IPO).  The IPO will be a fresh issue. The money raised will be utilised for Funding Capital Expenditure toward setting up development centre at gift city, Gandhinagar, to meet working capital requirement of our Company, Repayment/ prepayment of certain borrowings availed by our Company, General Corporate Purpose  & To Meet the Issue Expenses . ## **Here are key details about the Kody Technolab Limited IPO :** Company Name| Kody Technolab Limited |  | Company Type| Private ---|---|---|---|--- IPO Type|SMEKody Technolab Limited IPO to be Listed on|NSE SME Kody Technolab Limited IPO Price band|₹ 160 per share|

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   15 Sept 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   20 Sept 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   17 Sept 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   26 Sept 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   25 Sept 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   28 Sept 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.