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Kody Technolab Ltd
Registered Office:
2 Flr Block J Safal Monde Isco,Mall Near Rajpath Club SG Hig, Ahmedabad - 380054, Gujarat, India.
Initial public issue of 17,20,000 equity shares of Rs. 10/- each ("Equity Shares") of Kody Technolab Limited ("KTL" or the "Company" or the "Issuer") for cash at a price of Rs. 160/- per equity share including a share premium of Rs. 150/- per equity share (the "Issue Price"), aggregating to Rs. 27.52 crores ("The Issue"), of which 86,400 equity shares of Rs. 10/- each for cash at a price of Rs. 160/- per equity share including a share premium of Rs. 150/- per equity share aggregating to Rs. 1.38 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 16,33,600 equity shares of Rs. 10/- each including a share premium of Rs. 150/- per equity share aggregating to Rs. 26.14 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.99% and 25.63%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is Rs. 160/- the issue price is 16.00 times of the face value.
Issue
Opens On Closes On
15-Sep-23 20-Sep-23
Money Payable On
Application Allotment
160.00 0.00
Minimum Application for shares in Nos : 800  Further Multiples of : 800
()(Cr.) Lead Managers to the Issue
Project Cost () 27.02 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer () 27.52  
Post Issue Equity Share Capital () 6.37  
Issue Price () 160.00  
Projects
Funding capital expenditure towards setting up developement center at gift city Gandhinagar
Funding incremental working capital requirement of the company
Repayment/prepayment of certain borrowings availed by the company
General corporate expenses
Promoted By
Manav Subhashchandra Patel
Manali Krunal Patel
Pooja Sunny Patel
Listing At
NSE - SME
Registrar to the Issue