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Yudiz Solutions Set To Launch Multi-Gaming Platform And Gaming Studio Ahead Of IPO Gaming
Smit Trivedi
Posted on 25 May, 2023
By Smit Trivedi
On 25 May, 2023
By Smit Trivedi
On 25 May, 2023

Yudiz Solutions Set To Launch Multi-Gaming Platform And Gaming Studio Ahead Of IPO

IPO-bound Yudiz Solutions Ltd, a blockchain, AI, and gaming focussed enterprise technology company has received an NSE approval for an SME IPO. With this approval, the company is set to invest approx 80 Million INR to set up a gaming studio and a multi-gaming platform. The game studio will aim to produce over 40 games in a year.

Yudiz Solutions, which is already known to develop apps, will now be the first game developers to be publicly listed and have its own publishing platform. The new Yudiz game studio will focus on creating high-quality games for multiple platforms. These games will leverage Yudiz’s cutting-edge technology solutions and in-house expertise to design and develop the games. They will also develop games for other publishers and will also allow other developers to publish games on their new publishing platform. This will be the only gaming company to develop and publish their own and others’ games as well.

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Bharat Patel, Chairman & Director, says “The new business ventures will enable sectoral growth, provide us with the necessary resources to drive innovation, expand our game portfolio, elevate the gaming experience and develop gamer communities. It will also enable us to forge strategic partnerships, attract top talent, and cement our position as strong contenders in the space”

 With an EBITDA of 21.77% for FY 22-23, and a CAGR of 42.34% for the past three years, Yudiz also has a PAT of INR 2.75 CR in FY 22-23. With the recently approved DRHP the company will offload a public issue consisting of a fresh 27,17,600 equity shares.

Headquartered in Ahmedabad and is recognized as a global IT services providing solutions in AI/ML, AR/VR, IoT, as well as Blockchain, mobile app and web development across North America, Europe and Asia region. Yudiz is set to disrupt the market with their innovative solutions and products. MPL, Zydus, RR Kabel, IRM Energy, SportsBuzz are some of their clients. 

About Yudiz Solutions Ltd

Yudiz Solutions Ltd. (“Yudiz”) is a global blockchain, AI, and game technology company creating stellar enterprise solutions. With an active international presence, the Ahmedabad-based company is a leading IT services provider and consultant recognized for cutting-edge solutions in the Web and Mobile app space, including AI/ML, AR/VR, and IoT.

Yudiz is highly recognized for delivering scalable, cost-effective solutions through state-of-the-art technology in sectors such as Healthcare, Ed-Tech, Fin-Tech, Human Resources, Social Networks, F&B, Supply Chain space and the Entertainment sector including OTT, and Gaming related platforms. 

The company has a strong team of 400+ young minds led by many industry experts. They have successfully designed, developed, and delivered 6000+ projects by implementing a strong, well-researched, and agile approach. 

The company has been expanding its business in terms of infrastructure and human resources, while leveraging innovative technology in the Metaverse and Web 3.0 space, making them a significant contributor to the industry at a global level given their presence in blockchain, AI, and game technology.

Established in 2011, Yudiz Solutions Ltd. is led by their esteemed promoters, Chairman & Director Mr. Bharat Patel, Managing Director Mr. Pratik Patel, and CEO Mr. Chirag Leuva. The company is overseen by Whole Time  Director Mr. Suraj Chokhani.

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