What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Kody Technolab Limited IPO?

Kody Technolab Limited IPO has received a total subscription of 47.41 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Kody Technolab Limited

ListedSME

Information Technology & Software Services · NSE

Kody Technolab Limited, incorporated in 2017, provides software development and IT services across industries, including Staff Augmentation, ML and AR Development, Enterprise Mobility, CX Strategy, Digital Transformation, Business Analytics, AI & Robotics, IoT services, and Mobile & Web App Development. As of June 2023, the company has over 106 employees, including developers, designers, project managers, and QA specialists. For the year ended March 31, 2023, Kody Technolab reported an income of Rs. 1,109.10 Lakhs and a profit after tax of Rs. 318.09 Lakhs, compared to Rs. 384.20 Lakhs income and Rs. 62.13 Lakhs profit in FY22, and Rs. 248.16 Lakhs income with a Rs. (10.80) Lakhs loss in FY21.

Price Band

₹160

Issue Size

₹27.52 Cr

Lot Size

800 shares

GMP

₹25

+15.6%

Est. Listing

₹185

at current GMP

Subscribed

47.41x

overall

Open

15 Sep 2023

20 Sep 2023

Allotment

23 Sep 2023

Refund

24 Sep 2023

Demat Credit

25 Sep 2023

Listing

27 Sep 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

47.41x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

41.27x

High Net-Worth

Retail (RII)

53.56x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 47.41x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	816,800	33,710,400	41.27x
RETAIL	816,800	43,744,000	53.56x
Total	1,633,600	77,454,400	47.41x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 53.12x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	753	40,331	53.56x
HNIs (10L +)	5	206	41.27x
HNIs (2-10L)	23	949	41.27x
Total Applications	781	41,486	53.12x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Kody Technolab Limited Public Issue & Market Profile

Kody Technolab Limited is bringing an initial public offering (IPO) in the Information Technology & Software Services sector with an aggregate issue size of ₹27.52 Crores. The shares are offered at a price band of ₹160 to ₹160 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,28,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-09-25, while un-allotted funds or UPI block mandates will be released on 2023-09-24.

Frequently Asked Questions

What is Kody Technolab Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Kody Technolab Limited IPO is ₹25 per equity share. Based on the upper price band of ₹160 to ₹160 per equity share, the estimated listing price is ₹185 (+15.6% expected listing gain).

What is the expected profit per lot for Kody Technolab Limited IPO?

With a lot size of 800 shares and current GMP of ₹25, the expected profit per application lot is approx ₹20,000 (+15.6% gain). Minimum application cost is approx ₹1,28,000.

What is the issue size and price band for Kody Technolab Limited IPO?

The Kody Technolab Limited IPO aggregate issue size is ₹27.52 Crores with an equity price band set at ₹160 to ₹160 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,28,000.

How can I check Kody Technolab Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 47.41x (Retail: 53.56x, QIB: 0.00x, NII: 41.27x). You can track live multiples directly on our dedicated subscription page.

Where and when will Kody Technolab Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-09-23. Investors can verify status using PAN card or application number.

When is the listing date for Kody Technolab Limited IPO?

Kody Technolab Limited shares are scheduled to list on NSE on 2023-09-27.