Kody Technolab Limited IPO subscription status started on September 15, 2023 and will close on September 20, 2023. Kody Technolab to raise around ₹160 crores via IPO. The investors’ portion for QIB/NII is 50%, Retail is 50%. The market lot is 800 shares. The price band is fixed at ₹160 per equity share.
Kody Technolab Limited IPO Subscription Status
|bNII (bids above ₹10L)||–|
|sNII (bids below ₹10L)||–|
Kody Technolab IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc.
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Kody Technolab IPO Review
Kody Technolab is an Indian software development company that provides a wide range of services, including custom development, AI consulting & implementation, IoT services, and IT consulting services. The company was founded in 2014 and is headquartered in Ahmedabad, Gujarat.
Kody Technolab’s IPO opened for subscription on September 15, 2023, and closes on September 20, 2023. The issue price is set at ₹160 per share. The company is offering a total of 17.2 lakh shares, of which 17 lakh shares are a fresh issue.
The proceeds from the IPO will be used to fund the company’s growth initiatives, such as expanding its product offerings, investing in technology, and acquiring new businesses.
Here is a summary of the key factors to consider before investing in Kody Technolab’s IPO:
- Company fundamentals: Kody Technolab is a growing company with a strong track record. The company has been growing at a CAGR of 30% in the past three years.
- Valuation: Kody Technolab’s IPO is priced at a P/E ratio of around 32, which is higher than its listed peers.
- Risks: The software development market is a competitive market. Kody Technolab is also facing increasing competition from global players.
Overall, Kody Technolab’s IPO is a risky investment. Investors should carefully consider the risks before investing.
Here are some of the pros and cons of investing in Kody Technolab’s IPO:
- Growing company with a strong track record
- Plans to invest in growth initiatives
- Potential to tap into the growing demand for software development services in India
- Competitive market
- High valuation
- Relatively new company with a short track record
Ultimately, the decision of whether or not to invest in Kody Technolab’s IPO is up to you. Do your own research and decide if the investment is right for you.
Here are some additional things to consider before investing in Kody Technolab’s IPO:
- The company’s financial performance: Kody Technolab has been growing at a CAGR of 30% in the past three years. The company’s financial performance will be a key factor in its long-term success.
- The competitive landscape: The software development market is a competitive market. Kody Technolab is also facing increasing competition from global players.
- The company’s management team: The management team is responsible for the company’s success. Investors should carefully evaluate the management team’s experience and track record.
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