Kore Mobile IPO Subscription Status { Final }

The Kore Mobile 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”).

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Can we Subscribe Kore Mobile IPO?

In our view, May be.

Latest News Update: Kore Mobile IPO Subscription Status Live
  • Kore Mobile IPO subscribed 14.97 times, retail portion booked 11.38 times on day 3 day.
  • The NII 18.56 times Subscribed on day 3.

Kore Mobile IPO Subscription Status( 30 Aug 2022 )

Day 1 (times) Day 2 (times) Day 3 (times)
NII 0.17 0.51 18.56
Retail 0.91 2.72 11.38
Total 0.54 1.61 14.97

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