The Kore Digital IPO has begun on 02 June 2023. It will close on 07 June 2023. The Total IPO Size is 18 Crore. The company set its IPO price is 180 Rs Per Share. Basically, There are two basic categories in Kore Digital IPO Subscription 1) Others 2) Retail Individual Investors (RIIs)
Kore Digital is established in 2020.
Kore Digital are a growing passive telecommunication infrastructure provider in Maharashtra, engaged primarily in the business of installing and commissioning of Poles, Towers and Optical Fibre Cable (“OFC”) Systems in Maharashtra.
They have commissioned more than 600 pole-based cell sites in and around Mumbai, developed their own network of around 450 KM underground Optic fiber Ducts during
the last 5 years and in 2 years, The Company has developed and delivered underground fiber optic backbone covering 450 KM underground Optic fiber Ducts in and around Mumbai.
Check :- Upcoming SME IPO 2023
Peers
1) Suyog Telematics Limited
Kore Digital IPO Promotors
| Name of the Promoter | No. of Shares held | Average cost of Acquisition (in ₹ ) |
| Ravindra Navinchandra Doshi | 12,60,000 | 0.04 |
| Kashmira Ravindra Doshi | 4,96,440 | 0.04 |
| Chaitanya Ravindra Doshi | 3,78,000 | 0.04 |
| Total Pre Issue | 21,34,440 (84.70%) | |
Kore Digital IPO Date, Details & Price Band
| IPO Opening Dates | 02 June 2023 |
| IPO Closing Dates | 07 June 2023 |
| Price Band | 180 Rs Per Share |
| Fresh issue | 18 Crore |
| Total IPO size | 18 Crore |
| Minimum bid (lot size) | 800 Shares |
| Face Value | 10 INR Per Share |
| Others | 50% |
| Retail Allocation | 50% |
| Listing On | NSE SME |
Kore Digital IPO Market Lot
The Kore Digital IPO minimum market lot is 800 shares With 1,44,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 800 | 1,44,000 Rs |
| Maximum | 1 | 800 | 1,44,000 Rs |
| S-HNI (Min) | 2 | 1600 | 2,88,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-21 | 188.66 | 87.61 | 1.82 |
| 31-Mar-22 | 1,441.57 | 1,694.45 | 217.97 |
| 31-Dec-22 | 1,573.07 | 1,195.71 | 253.92 |
Kore Digital IPO GMP Grey Market Premium
Kore Digital IPO GMP Grey market premium has been started today. Check Latest Kore Digital IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Kore Digital IPO Prospectus
| DRHP | Download |
| RHP | Download |
Kore Digital IPO Reviews (Avoid)
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
Kore Digital IPO Form Download
Kore Digital IPO is available on NSE Website as well as on our Portal. Please click here Kore Digital IPO form Download.
Kore Digital IPO Allotment Date & Details
| Allotment Date | 12 June 2023 |
| Initiation of refunds | 13 June 2023 |
| Transfer of shares to Demat accounts | 14 June 2023 |
| Listing Date | 15 June 2023 |
| Check Allotment Status | Click here |
Registrar of Kore Digital IPO
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura
Centre, Andheri East, Mumbai – 400 093, Maharashtra, India
Tel. No.: +91 22 6263 8200
Email:[email protected]
Investor Grievance Email:[email protected]
Website: www.bigshareonline.com
Contact Person: Babu Rapheal C.
SEBI Registration No.: INR000001385
Kore Digital Contact Details
Kore Digital Limited
B 1107-1108, Shelton Sapphire Sector 15,
CBD Belapur
Navi Mumbai Thane 400614
Phone: +91 6354458154
Email: [email protected]
Website: http://www.koredigital.com/
Kore Digital IPO Lead Managers
FIRST OVERSEAS CAPITAL LIMITED
1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Tel No.: +91 22 4050 9999
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.focl.in
Contact Person: Ms. Mala Soneji/ Mrs. Hemali Solanki
SEBI Registration No: INM000003671