Colab Platforms touches the roof on planning to incorporate subsidiary `Colab Intelligence`
Colab Platforms is currently trading at its upper circuit limit of Rs 146.50, up by 2.85 points or 1.98% from its previous closing of Rs 143.65 on the BSE.
The scrip opened at Rs 146.50 and has touched a high and low of Rs 146.50 and Rs 146.50 respectively. So far 427007 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs 1 has touched a 52-week high of Rs 146.50 on 13-Oct-2025 and a 52-week low of Rs 5.69 on 28-Oct-2024.
Last one week high and low of the scrip stood at Rs 146.50 and Rs 132.75 respectively. The current market cap of the company is Rs 2930.46 crore.
The promoters holding in the company stood at 33.88%, while Non-Institutions held 66.12%.
Colab Platforms is planning to incorporate a wholly owned subsidiary -- Colab Intelligence. The subsidiary will play a crucial role in the company’s long-term vision to strengthen its presence in the rapidly expanding Artificial Intelligence (AI) Sector, which is currently valued at around $200 billion globally in 2024 and projected to exceed $1.8 trillion by 2030, growing at a CAGR of over 30%. This reflects company’s commitment to innovation, digital transformation, and the integration of advanced AI-driven technologies across its business ecosystem. Colab Intelligence will focus on developing cutting-edge solutions such as intelligent automation, predictive analytics, and collaborative AI platforms that enhance decision-making, operational efficiency, and human - machine synergy.
Through this subsidiary, the company is strategically positioning itself to capture high-growth opportunities across multiple transformative industries. This expansion is designed to diversify company technology portfolio, unlock new revenue streams, and drive sustainable, long-term value for shareholders. By integrating AI capabilities across its existing businesses ranging from esports and digital ventures to sports infrastructure, the company aims to strengthen its market position in a globally competitive, rapidly evolving tech landscape.
Colab Platforms (formerly known as Colab Cloud Platforms) is mainly engaged in Trading in Shares & Securities. It also engaged in Computer Hardware and Software Processing Jobwork.
