Jay Jalaram Technologies Ltd (Kore Mobile) IPO
Jay Jalaram Technologies Ltd (Kore Mobile) is an NSE SME IPO listed on the NSE SME platform, priced at ₹36 per share. The stock debuted at ₹50, delivering a listing gain of 38.9%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,08,000.
Jay Jalaram Technologies Ltd (Kore Mobile)
- IPO Dates
- Aug 26, 2022 – Aug 30, 2022
- Price band
- ₹36 per equity share
- Minimum Investment
- ₹1,08,000
- Issue size
- 3,000,000 shares of ₹10 (aggregating up to ₹10.80 Cr) #Fresh Issue: 3,000,000 shares of ₹10 (aggregating up to ₹10.80 Cr)
- Lot size
- 3000
- Allotment Date
- Sep 5, 2022
- Listing
- Sep 8, 2022
- Listing At
- NSE SME
IPO timeline
-
Aug 26, 2022
Open Date
Completed
-
Aug 30, 2022
Close Date
Completed
-
Sep 5, 2022
Allotment Date
Completed
-
Sep 8, 2022
Listing Date
Completed
Jay Jalaram Technologies Ltd (Kore Mobile) IPO Essentials
Jay Jalaram Technologies Ltd (Kore Mobile) IPO Details
Jay Jalaram Technologies Ltd (Kore Mobile) IPO is priced at ₹36 per share with a total issue size of 3,000,000 shares of ₹10 (aggregating up to ₹10.80 Cr) #Fresh Issue: 3,000,000 shares of ₹10 (aggregating up to ₹10.80 Cr). The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹36 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,000,000 shares of ₹10 (aggregating up to ₹10.80 Cr)
#Fresh Issue: 3,000,000 shares of ₹10 (aggregating up to ₹10.80 Cr) - Listing at
- NSE SME
- List price
- 50.00
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Beeline Broking Ltd
Jay Jalaram Technologies Ltd (Kore Mobile) IPO Analytics
Jay Jalaram Technologies Ltd (Kore Mobile) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Jay Jalaram Technologies Ltd (Kore Mobile) IPO Subscription Status
Jay Jalaram Technologies Ltd (Kore Mobile) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,425,000 | 1,425,000 | 2,850,000 |
|
Day 1
26-08-22 06:00 PM
|
(0.17) x | 0.91 x | 0.54 x |
|
Day 2
29-08-22 06:00 PM
|
(0.51) x | 2.72 x | 1.61 x |
|
Day 3
30-08-22 06:00 PM
|
(18.56) x | 11.38 x | 14.97 x |
Jay Jalaram Technologies Ltd (Kore Mobile) Valuations
Earnings
- EPS (Post IPO)
- ₹7.36/-
- P/E Ratio
- 4.89
Returns
- RoNW
- 8.16%
Jay Jalaram Technologies Ltd (Kore Mobile) Financials( In Lakhs)
| 30-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 3590.48 | 2839.35 | 2487.19 | 1704.75 |
| Revenue | 16555.85 | 12225.3 | 9523.41 | 9577.07 |
| Profit After Tax | 87.17 | 29.35 | 2.56 | -6.34 |
Jay Jalaram Technologies Ltd (Kore Mobile) Company & Offer Insights
About Jay Jalaram Technologies Ltd (Kore Mobile)
Jay Jalaram Technologies Limited is engaged in multi-brand retail selling of Smart Phones and allied asscessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. The company also offers multi-brand retail selling of consumer durable electronics goods like Smart TVs, Air Conditioners, Fridges, Coolers etc. from brands like TCL, Haier, Diakin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron.
The company operate under the brand name "KORE". As of April 30, 2022, Jay Jalaram Technologies operates from a total of 82 stores across the state of Gujarat. Out of 82 stores 10 are company-owned retail outlets, 65 are franchisee owned and franchise-operated branch retail stores ("FOFO Model") and 7 are franchisee owned and company operated branch retail stores ("FOCO Model").
The company's other business vertical includes an exclusive dealership of Electric Bikes, its spare parts and accessories under the brand name "Revolt" for the Ahmedabad region. As of April 30, 2022, the company sells Electric Bikes through 2 company-owned retail outlets situated at Ashram Road area in Ahmedabad and Nana Chiloda in Gandhinagar.
Jay Jalaram Technologies Ltd (Kore Mobile) IPO Issue Objectives
- •
- To Meet Working Capital Requirements
- •
- General Corporate Purpose
- •
- To meet Public Issue Expenses
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Jay Jalaram Technologies Ltd (Kore Mobile) IPO is a Fixed Priced IPO worth ₹3,000,000 shares of ₹10 (aggregating up to ₹10.80 Cr) #Fresh Issue: 3,000,000 shares of ₹10 (aggregating up to ₹10.80 Cr). The issue price is ₹36 per share (fixed price). The IPO opens on Aug 26, 2022 and closes on Aug 30, 2022. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The issue price of Jay Jalaram Technologies Ltd (Kore Mobile) IPO is ₹36 per share (fixed price).
The lot size of Jay Jalaram Technologies Ltd (Kore Mobile) IPO is 3000 shares.
The minimum investment for Jay Jalaram Technologies Ltd (Kore Mobile) IPO is approximately ₹1,08,000 based on the issue price .
Jay Jalaram Technologies Ltd (Kore Mobile) IPO opens on Aug 26, 2022 and closes on Aug 30, 2022.
The allotment date of Jay Jalaram Technologies Ltd (Kore Mobile) IPO is Sep 5, 2022.
Jay Jalaram Technologies Ltd (Kore Mobile) IPO is expected to be listed on Sep 8, 2022, on NSE SME Platform.
Jay Jalaram Technologies Ltd (Kore Mobile) IPO valuation snapshot: P/E 4.89, EPS ₹7.36/-, P/B N/A, RoNW 8.16%, and market cap N/A.
To apply for Jay Jalaram Technologies Ltd (Kore Mobile) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Jay Jalaram Technologies Ltd (Kore Mobile) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Jay Jalaram Technologies Ltd (Kore Mobile) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Jay Jalaram Technologies Ltd (Kore Mobile) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Jay Jalaram Technologies Ltd (Kore Mobile) IPO allotment status on IPO Ji for quick and easy access.