KP Soft, the Thai software developer and consultancy, plans to list on the Market for Alternative Investment next year to raise 200 million baht for expansion abroad.
The strategy is aimed at taking advantage of opportunities arising from the Asean Economic Community in 2016.
Chief executive Somchai Kitiporn said the company plans to use the proceeds from the listing to develop new products and enter new markets.
Asset Pro Management is the financial adviser.
"We expect to see revenue increase to 300 million baht within five years, up from 100 million baht in 2012," said Mr Somchai.
KP Soft posted a net profit of 15 million baht last year.
The company has registered capital of 80 million baht.
Revenue comes mainly from hire purchase, leased software for the financial sector and management systems for car dealers.
KP Soft is in talks with foreign partners to create new revenue streams.
Targeted categories include mobile applications, edutainment products, business software and customer relationship management.
By year-end, KP Soft will join with CS Loxinfo to provide monthly cloud computing services for dealer management and human resource systems.
KP Soft is also in talks with the Government Savings Bank and UOB Singapore to convert 100 million baht in loans into a 25% stake in the company.