Kore Digital Limited IPO
Kore Digital Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹180 per share. The stock debuted at ₹201, delivering a listing gain of 11.7%. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,44,000.
Kore Digital Limited IPO
- IPO Dates
- Jun 2, 2023 – Jun 7, 2023
- Price band
- ₹180 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- 1,000,000 shares(aggregating up to ₹18.00 Cr)
- Lot size
- 800
- Allotment Date
- Jun 12, 2023
- Listing
- Jun 14, 2023
- Listing At
- NSE SME
IPO timeline
-
Jun 2, 2023
Open Date
Completed
-
Jun 7, 2023
Close Date
Completed
-
Jun 12, 2023
Allotment Date
Completed
-
Jun 14, 2023
Listing Date
Completed
Kore Digital Limited IPO Essentials
Kore Digital Limited IPO Details
Kore Digital Limited IPO is priced at ₹180 per share with a total issue size of 1,000,000 shares(aggregating up to ₹18.00 Cr). The IPO has a lot size of 800 shares and is listed on NSE SME.
- Issue price
- ₹180 per equity share
- Lot size
- 800 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,000,000 shares(aggregating up to ₹18.00 Cr)
- Listing at
- NSE SME
- List price
- 201.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
First Overseas Capital Limited
Kore Digital Limited IPO Analytics
Kore Digital Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Kore Digital Limited IPO Subscription Status
Kore Digital Limited 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 | 526,000 | 474,000 | 1,000,000 |
|
Day 1
02-06-23 06:00 PM
|
(4.09) x | 0.18 x | 2.24 x |
|
Day 2
05-06-23 06:00 PM
|
(4.29) x | 1.02 x | 2.74 x |
|
Day 3
06-06-23 06:00 PM
|
(5.27) x | 4.64 x | 4.97 x |
|
Day 4
07-06-23 06:00 PM
|
(44.86) x | 33.25 x | 39.44 x |
Kore Digital Limited Valuations
Earnings
- EPS (Post IPO)
- ₹10.08/-
- P/E Ratio
- 17.86
Returns
- RoNW
- 50.18%
Kore Digital Limited Financials( In Lakhs)
| 31-Dec-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 1,573.07 | 1,441.57 | 584.81 | 188.66 |
| Revenue | 1,195.71 | 1,694.45 | 397.90 | 87.61 |
| Profit After Tax | 253.92 | 217.97 | 25.93 | 1.82 |
Kore Digital Limited Company & Offer Insights
About Kore Digital Limited
Kore Digital Limited operates as a Telecommunication Infrastructure Provider. The company was set up with the objective of offering high-end communication solutions to corporate and Telecom Network Operators.
Kore Digital primarily operates in Maharashtra. They offer services like installing and commissioning Poles, Towers, and Optical Fibre Cable (OFC) Systems in Maharashtra.
The company has been licensed by the Department of Telecommunications (DoT) with the Infrastructure Provider (IP)-I License in the year 2009. Under the license, they can establish and maintain assets Dark Fibres, right of way, duct space, and tower for the purpose to grant on lease or rent or sale basis to the licensees of Telecom Network Operators, Broad Band Service Operators, and ISPs.
As of 2023, Kore Digital Limited has laid fiber of around 450 Kms for their Telecom Network Operators such as Vodafone Idea Ltd, Bharti Airtel Limited, Reliance Jio, and Tata Teleservices. These include fiber laid under Vendor Projects and their own network running across Mumbai- Navi Mumbai, Thane, Bhiwandi, Kalyan, Panvel, and in Pune.
Kore Digital Limited Promoter(s)
Mr. Ravindra Navinchandra Doshi, Mrs. Kashmira Ravindra Doshi, Mr. Chaitanya Ravindarera Doshi are the company's promoters of Kore Digital Limited.
Kore Digital Limited IPO Issue Objectives
- •
- To meet the Working Capital requirements
- •
- Investment in Strategic Acquisition / Joint Venture
- •
- General Corporate Expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Kore Digital Limited IPO is a Fixed Priced IPO worth ₹1,000,000 shares(aggregating up to ₹18.00 Cr). The issue price is ₹180 per share (fixed price). The IPO opens on Jun 2, 2023 and closes on Jun 7, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Kore Digital Limited IPO is ₹180 per share (fixed price).
The lot size of Kore Digital Limited IPO is 800 shares.
The minimum investment for Kore Digital Limited IPO is approximately ₹1,44,000 based on the issue price .
Kore Digital Limited IPO opens on Jun 2, 2023 and closes on Jun 7, 2023.
The allotment date of Kore Digital Limited IPO is Jun 12, 2023.
Kore Digital Limited IPO is expected to be listed on Jun 14, 2023, on NSE SME Platform.
Kore Digital Limited IPO valuation snapshot: P/E 17.86, EPS ₹10.08/-, P/B N/A, RoNW 50.18%, and market cap N/A.
To apply for Kore Digital Limited 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 Kore Digital Limited 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 Kore Digital Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Kore Digital Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Kore Digital Limited IPO allotment status on IPO Ji for quick and easy access.