IPO Wala

Kore Mobile IPO Date, GMP, Review, Price, Form & Market Lot Details

Last Updated: 25th August 2022

Published: 25th August 2022

The Jay Jalaram Technologies IPO has begun on 26 Aug 2022. It will close on 30 Aug 2022. The Total IPO Size is 10.80 Crore. The company set its IPO price is 36 Rs Per Share. Basically, there are two basic categories in Kore Mobile IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs).

Jay Jalaram Technologies Private Limited is established in 2012.

Jay Jalaram Technologies Private Limited is engaged in multi-brand retail selling of Smart Phones and allied accessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi.

They are also engaged in multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers etc. For Brands like TCL, Haier, Diakin, Voltas, Mi, Realme, OnePlus, Xiaomi, Skytron

They operate under the brand name ” Kore Mobile ” and have total 82 stores across the state of Gujarat. Out of 82 stores, 10 are company-owned retail outlets, 65 are franchise-owned and franchise-operated branch retail stores (“FOFO Model”) and 7 are franchise-owned and company-operated branch retail stores (“FOCO Model”).

Check :- Upcoming SME IPO 2022

Company Strengths

1) Experienced Promoters and Management Team
2) Widespread distribution network
3) Wide range of Products
4) Strategic location and facilities

Peers

1) Bhatia Communications & Retail (India) Limited

Kore Mobile IPO Promotors

1) Kamlesh Varjivandas Thakkar
2) Kamlesh Hariram Lalwani
3) Mukeshkumar Navnitray Bhatt

Kore Mobile IPO Date, Details & Price Band

IPO Opening Dates 26 Aug 2022
IPO Closing Dates 30 Aug 2022
Price Band 36 Rs Per Share
Fresh issue 10.80 Crore
Offer for Sale NIL
Total IPO size 10.80 Crore
Minimum bid (lot size) 3000 Shares
Face Value 10 INR Per Share
Retail Allocation 50%
Non-Institutional 50%
Listing On NSE SME

Kore Mobile IPO Market Lot

The Kore Mobile IPO minimum market lot is 3000 shares With 1,08,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 3000 1,08,000 Rs
Maximum 1 3000 1,08,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax Earnings per equity share
31-Mar-22 3590.48 16555.85 87.17 7.36
31-Mar-21 2839.35 12225.3 29.35 4.66
31-Mar-20 2487.19 9523.41 2.56 0.41

Kore Mobile IPO GMP & Grey Market Premium

Kore Mobile IPO GMP/Grey market premium has been started today. Check Latest Kore Mobile IPO GMP, Kostak Rates and Subject to Sauda Price here.

Kore Mobile IPO Prospectus

Kore Mobile IPO
DRHP Download
RHP Download

Kore Mobile IPO Reviews

Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon

Kore Mobile IPO Form Download

Kore Mobile IPO available on NSE Website as well as on our Portal. Please click here Kore Mobile IPO forms Download.

Kore Mobile IPO Allotment Date & Details

Allotment Date 5 Sep 2022
Initiation of refunds 6 Sep 2022
Transfer of shares to Demat accounts 7 Sep 2022
Listing Date 8 Sep 2022

Registrar of Kore Mobile IPO

LINK INTIME INDIA PRIVATE LIMITED
SEBI Registration Number: INR000004058
Address: C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West),
Mumbai – 400 083, Maharashtra
Tel. Number: 022 4918 6200 Fax: 022 4918 6195
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Goapalkrishnan
CIN: U67190MH1999PTC118368

Kore Mobile Contact Details

Office No.103, Shail Mall,
B/H. Girish Cold Drink,
Shilp Char Rasta,
C. G. Road, Navrangpura,
Ahmedabad -380009, Gujarat.
Website: www.koremobiles.com;
E-Mail: [email protected];
Telephone No: 079 4899 5415
Company Secretary and Compliance Officer: Mr. Mukesh Dalpatram Prajapat

Kore Mobile IPO Lead Managers

BEELINE CAPITAL ADVISORS PRIVATE LIMITED
SEBI Registration Number: INM000012917
Address: 807, Phoenix, Opp. Girish Cold Drinks, Near Vijay Cross Roads,
Navrangpura, Ahmedabad -380009, Gujarat.
Telephone Number: 079 4840 5357
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322

Author: admin

Category: SME IPO