India, 23rd March, 2023: Yudiz Solutions Limited, a company specializing in blockchain, artificial intelligence, and game development, has filed draft papers with the NSE Emerge for its IPO. The IPO will make Yudiz the first company in the blockchain, AI, and game development space to go public. Narnolia Financial Services Limited is the merchant banker for the IPO and lead manager to the issue. The company plans to list its equity shares on NSE’s SME Platform and raise funds for developing new products and technology, enhancing branding and marketing, exploring acquisitions in India and abroad, and meeting capital expenditure and working capital requirements.
Yudiz, founded in 2011, is led by Chairman Bharat Patel, MD Pratik Patel, and CEO Chirag Leuva. The company is overseen by key promoter Suraj Chokhani, Founder of Ability Games, and comprises a team of over 400 young minds and adept mentors who have delivered more than 6000 projects for several prominent clients worldwide. Yudiz has collaborated with one of India’s biggest telecommunications companies to implement trending technologies and innovative advancements in the gaming and advertising industry. The company believes in elementary contribution and sustainable development and has received recognition from several respected communities for its abstract thinking and scalable solutions.