Kody Technolab, a leading software development company, is gearing up for its highly anticipated Initial Public Offering (IPO) set to commence on September 15, 2023. In a recent investor meeting held on September 13, 2023, the company presented its vision for the future to approximately 250 esteemed investors and industry professionals at the Marriott Ahmedabad.
Founder & CEO, Manav Patel, expressed his excitement about the upcoming IPO, stating that it marks a new chapter in the company’s growth story. He also announced the introduction of a robotics range from Kody Technolab, showcasing their commitment to innovation and pushing boundaries in the field of technology.
During the investor meeting, leaders from various divisions within Kody Technolab delivered engaging presentations that provided a comprehensive understanding of the company’s strategic vision and innovation roadmap. CTO, Mihir Mistry, highlighted the significance of their new Research and Development Lab in Gift City, which will showcase India’s hardware and software capabilities to global markets.
The company’s Chief Finance Officer, Sanjay Kidecha, emphasized their dedication to creating value for investors, calling the IPO a momentous achievement. The CSO of the company, Deep Panchal, assured shareholders that the new Robotics range will enable the company to enter new markets and create tremendous value for its shareholders.
The IPO will consist of 1,720,000 equity shares, with each share priced at Rs. 160. This provides investors with an opportunity to be part of Kody Technolab’s growth story. The company’s decision to list on the NSE SME exchange reflects its strategic approach to fostering a dynamic marketplace for its shares.
Kody Technolab has made significant contributions to digital transformation, enterprise app development, and emerging technologies such as AI, ML, and robotics. With a global expansion strategy and a strong focus on localized support, the company is poised to establish itself as a global leader in software development.
Kody Technolab is a renowned software development company that specializes in enterprise-level projects and mobile application solutions. With expertise in emerging technologies like AI, ML, and robotics, the company is at the forefront of innovation. Having successfully completed over 250 projects and served more than 150 clients, Kody Technolab continues to deliver cutting-edge software solutions to businesses in over 30 countries worldwide.
Sources:
– [Source 1: Syndicated Feed]
– [Source 2: Kody Technolab’s website]
– [Source 3: Information shared during the investor meeting]