Mon. Sep 25th, 2023
    Kody Technolab Prepares for Initial Public Offering (IPO)

    Kody Technolab, a prominent software development company, is gearing up for its upcoming Initial Public Offering (IPO) set to open on September 15, 2023. The company recently held a successful investor meeting at the Marriott Ahmedabad, where 250 esteemed investors and industry professionals attended to learn about Kody Technolab’s vision for the future.

    Founder and CEO Manav Patel expressed his excitement about the IPO, stating that it marks a new chapter in the company’s growth story. He also revealed that Kody Technolab will introduce a new range of robotics products.

    During the investor meeting, leaders from different divisions of Kody Technolab delivered engaging presentations, providing attendees with insights into the company’s strategic vision and innovation roadmap. CTO Mihir Mistry highlighted the company’s new R&D Lab in its Gift City office, which will showcase India’s hardware and software capabilities to global markets. Meanwhile, Chief Finance Officer Sanjay Kidecha emphasized the commitment to creating value for investors.

    CSO Deep Panchal assured shareholders that the new Robotics range will help Kody Technolab enter new markets and generate tremendous value for shareholders.

    The IPO will consist of 1,720,000 equity shares priced at Rs. 160 each. Listing on the NSE SME exchange reflects the company’s strategic approach to creating a dynamic marketplace for its shares.

    Kody Technolab’s journey toward the IPO has been marked by its significant contributions to digital transformation, enterprise app development, and pioneering work in emerging technologies like AI, ML, and robotics. With a global expansion strategy, the company aims to offer localized support to businesses in more than 30 countries.

    – PTI
    – Kody Technolab website