Blockchain firm Yudiz Solution files draft IPO with NSE Emerge
Yudiz Solutions has filed a draft initial public offering (IPO) with NSE Emerge. Yudiz is a blockchain, artificial intelligence and game development company. This IPO will make Yudiz the first company in the blockchain space to go public.
Yudiz Solutions has filed a draft initial public offering (IPO) with NSE Emerge. Yudiz is a blockchain, artificial intelligence and game development company. This IPO will make Yudiz the first company in the blockchain space to go public.
Yudiz will also be the next company after Rekha Jhunjhunwala-backed Nazara Technologies to go public in the gaming space.
Yudiz will also be the next company after Rekha Jhunjhunwala-backed Nazara Technologies to go public in the gaming space.
The IPO consists of a new issue of 27,17,600 shares.
The IPO consists of a new issue of 27,17,600 shares.
Narnolia Financial Services is the merchant banker and also principally responsible for the IPO. Delhi-based IPO Consultants, Pro Legal Solutions and Longview Research and Advisory Services are advising on the matter.
Narnolia Financial Services is the merchant banker and also principally responsible for the IPO. Delhi-based IPO Consultants, Pro Legal Solutions and Longview Research and Advisory Services are advising on the matter.
The equity shares offered in the IPO are proposed to be listed on NSE’s SME platform (NSE Emerge).
The equity shares offered in the IPO are proposed to be listed on NSE’s SME platform (NSE Emerge).
In a statement, Yudiz said the company is raising funds to develop new products and technology, improvement, branding and marketing.
In a statement, Yudiz said the company is raising funds to develop new products and technology, improvement, branding and marketing.
Further, the statement added that Yudiz will explore technology companies for acquisitions in India and abroad, capital expenditure and working capital requirements.
Further, the statement added that Yudiz will explore technology companies for acquisitions in India and abroad, capital expenditure and working capital requirements.
Incorporated in 2011, Yudiz is led by Chairman Bharat Patel, MD Pratik Patel and CEO Chirag Leuva.
Incorporated in 2011, Yudiz is led by Chairman Bharat Patel, MD Pratik Patel and CEO Chirag Leuva.
Overseen by the key promoter, Suraj Chokhani, founder of Ability Games, the company consists of a team of over 400 young minds and skilled mentors who have handled and delivered over 6000 projects for several prominent clients globally.
Overseen by the key promoter, Suraj Chokhani, founder of Ability Games, the company consists of a team of over 400 young minds and skilled mentors who have handled and delivered over 6000 projects for several prominent clients globally.
Recently, the company partnered with one of India’s largest telecommunications companies, where trending technologies and innovative advancements in the gaming and advertising industries will be implemented.
Recently, the company partnered with one of India’s largest telecommunications companies, where trending technologies and innovative advancements in the gaming and advertising industries will be implemented.
Furthermore, Yudiz has achieved several collaborations by adapting and using its state-of-the-art technologies.
Furthermore, Yudiz has achieved several collaborations by adapting and using its state-of-the-art technologies.
Elemental contribution and sustainable development are their core beliefs that Yudiz traditionally follows as their defining practice. Their abstract thinking has enabled them to synergize technologies and offer scalable solutions, and have therefore received recognition by several respected societies at present, it says.
Elemental contribution and sustainable development are their core beliefs that Yudiz traditionally follows as their defining practice. Their abstract thinking has enabled them to synergize technologies and offer scalable solutions, and have therefore received recognition by several respected societies at present, it says.
Yudiz’s future goals include expanding the business both in terms of infrastructure and human resources, using innovative technologies to provide solutions in the trending technologies Metaverse and Web 3.0, as well as introducing their own products that make them a significant contributor to the industry on a global level.
Yudiz’s future goals include expanding the business both in terms of infrastructure and human resources, using innovative technologies to provide solutions in the trending technologies Metaverse and Web 3.0, as well as introducing their own products that make them a significant contributor to the industry on a global level.
Headquartered in Ahmedabad, Yudiz provides services worldwide. As a global IT service provider and consultant, they are recognized for pioneering solutions in web and mobile app development, AI/ML, AR/VR, IoT, as well as Blockchain.
Headquartered in Ahmedabad, Yudiz provides services worldwide. As a global IT service provider and consultant, they are recognized for pioneering solutions in web and mobile app development, AI/ML, AR/VR, IoT, as well as Blockchain.
