Ahmedabad-based Yudiz Solutions Ltd. is all set to make history as it opens its initial public offering (IPO) on August 4, 2023. The company, renowned for its expertise in blockchain, AI, and gaming, is ready to take its next big leap towards the public market. This move will make Yudiz the first company in this combined technology space to go public, signaling a significant milestone in the tech industry.
With a strong international presence, Yudiz has emerged as a leading IT services provider and consultant, catering to clients across North America, Europe, and Asia. Since its establishment in 2011, Yudiz has been consistently delivering cutting-edge solutions in the Web and Mobile app space, specializing in AI/ML, AR/VR, and IoT.
The company’s dedication to innovation has led them to be highly recognized for delivering scalable and cost-effective solutions. Their diverse portfolio includes projects in sectors such as Healthcare, Ed-Tech, Fin-Tech, Social Networks, and the Entertainment industry, including OTT platforms and Gaming-related ventures.
With a team of over 400 professionals, Yudiz boasts a unique mix of young minds and seasoned industry experts. They have successfully designed, developed, and delivered over 6000 projects, showcasing their strong, well-researched, and agile approach towards each endeavor.
Yudiz Solutions Ltd. is led by a team of esteemed promoters, including Chairman & Director Mr. Bharat Patel, Managing Director Mr. Pratik Patel, and CEO Mr. Chirag Leuva. Their visionary leadership has driven the company’s growth and enabled them to stay ahead in the competitive tech landscape.
As the company expands its business in terms of infrastructure and human resources, it continues to leverage innovative technology in the Metaverse and Web 3.0 space, positioning itself as a significant contributor to the industry on a global scale.
The IPO will see the company offer a public issue consisting of a fresh 27,17,600 equity shares of a face value of Rs.10, with a price band fixed at Rs. 162 to Rs. 165. The issue opens on August 4 and will close on August 8, 2023, with a listing on the NSE Emerge platform.
Through the IPO, Yudiz aims to raise Rs. 44.84 crore, which will be utilized to fuel further growth and expansion. The book-running lead manager to the issue is Narnolia Financial Services Limited, while PLS Capital, and Longview Research & Advisory act as advisors to the issue, and Mas Services Limited serves as the registrar.
With its relentless focus on innovation and a strong commitment to delivering top-notch solutions, Yudiz is all set to embark on this new chapter, solidifying its position as a trailblazer in the blockchain, AI, and gaming technology realm. The IPO is a testament to Yudiz’s vision of making an impact in the global tech industry and shaping the future of cutting-edge solutions for years to come.