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
| 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 |
| Check Allotment Status | Click here |
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