Kore Mobile IPO allotment Status { OUT }

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 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”).

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
Check Allotment Status Click here

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