Get All Access for $5/mo

Yudiz Solutions Files Draft Papers For IPO The IPO claims to make Yudiz, the first company in the blockchain, artificial intelligence and game development space to publicly enlist in the market

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Twitter handle

Yudiz Solutions Limited, a blockchain, artificial intelligence and game development company has filed draft papers for IPO with the NSE Emerge. The IPO claims to make Yudiz, the first company in the blockchain, artificial intelligence and game development space to publicly enlist in the market. It will also be the next company after Nazara Technologies Ltd. in the gaming space. The public issue consists of a fresh issue of 27,17,600 equity shares. The merchant banker for the IPO is Narnolia Financial Services Limited and is also the lead manager to the issue. Delhi based IPO Consultants, Pro Legal Solutions and Longview Research and Advisory Services are the advisors to the issue.

Yudiz was incorporated in 2011, headed by chairman Bharat Patel, MD Pratik Patel, and CEO Chirag Leuva. Overseen by key promoter Suraj Chokhani, founder of Ability Games, the company comprises a team of more than 400 young minds and adept mentors who have catered and delivered over 6000 projects for several prominent clients globally, according to an official statement.

Yudiz has accomplished multiple collaborations by adapting and utilizing their state-of-the-art technologies. Elementary contribution and sustainable development are their core beliefs which Yudiz follow traditionally as their crucial practice. Their abstract thinking has enabled them to synergize technologies and offer scalable solutions, hence have received recognition by several respected communities presently, the statement added.

Yudiz is highly recognised for delivering scalable, cost-effective solutions through state-of- the-art technology and effective team collaboration to emerging IT companies beyond the gaming space, including healthcare, edtech, fintech, human resources, social networks, F&B and supply chain.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

Y Combinator Helped Launch Reddit, Airbnb and Dropbox. Here's What I Learned From Its Free Startup School.

The famed startup accelerator offers a free course on building a business — and answers five pressing questions for founders.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.

Green Entrepreneur®

6 Ways to Profitably Integrate Eco-Friendly Practices into Your Business

Sustainability efforts can improve operational efficiency, increase customer demand and boost profitability. Here, we highlight six easy ways entrepreneurs and small businesses can capture the financial benefits of sustainability.

Business News

A Former Corporate Lawyer Now Makes Six Figures on YouTube — Here's How She Does It

Here are the secrets to starting and growing a successful YouTube channel, according to a YouTuber with millions of subscribers.

Business Culture

You'll Always Have Anxious Employees if You Don't Follow These 4 Leadership Tactics

Creating a thriving workplace environment hinges on the commitment of company leaders to nurture and inspire their teams.