The Kore Mobile IPO date has been confirmed. The IPO will begin on August 26 and end on August 30, 2022. Kore Mobile is an NSE SME IPO that will raise 10.80 crores through the IPO. The Kore Mobile IPO price band for the Kore Mobile IPO is set at ₹36, with a market lot of 3000 shares.
Kore Mobile Limited is a pharmaceutical company. Mr. Smiral Patel founded the company in 2011. Kore Mobile is a pharmaceutical company that is WHO-GMP certified. Dry powder injections (B-Lactam), Tablets and capsules (B-Lactam) solid oral dosage form, tablets and capsules (general) solid oral dosage form, and oral rehydration solutions (ORS) are among the goods that are available. Kore Mobile offers its goods across Africa, the Middle East, and the Commonwealth of Independent States. The company has a presence throughout India and distributes its products in bulk to traders and
marketers. The manufacturing facilities are located in the western Indian state of Gujarat at UNIT-I 365, G.I.D.C. Kerala, Bavla, Dist. Ahmedabad-382220 AND UNIT-II 46-407, KERALA GIDC, BAVLA, AHMEDABAD-382220. Kore Mobile IPO subscription status and Kore Mobile IPO allotment status can be seen on their respective pages.
Objects of the IPO Issue:
- To Meet Working Capital Requirements.
- To meet Public Issue Expenses.
- General Corporate Purpose.
Kore Mobile IPO Review
- May Apply
Kore Mobile IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
|---|---|---|---|
| 8 September | ₹2 | ₹1150 | ₹10000 |
Kore Mobile IPO Date & Price Band
| Kore Mobile IPO Open: | August 26, 2022 |
| Kore Mobile IPO Close: | August 30, 2022 |
| Kore Mobile IPO Size: | Approx ₹10.80 Crores, 3,000,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Kore Mobile IPO Price Band: | ₹36 Per Equity Share |
| Kore Mobile IPO Listing on: | NSE SME |
| Retail Quota: | 50% |
| QIB Quota: | -% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Kore Mobile IPO Market Lot
The Kore Mobile IPO minimum market lot is 3000 shares with a ₹108,000 application amount.
| Minimum IPO Lot Size: | Minimum 3000 shares for 1 lot |
|---|---|
| Minimum Amount: | ₹108,000 for 1 lot |
Kore Mobile IPO Allotment & Listing Dates
The Kore Mobile IPO date is August 26 and the IPO close date is August 30. The IPO allotment date is September 5 and the IPO might list on September 8.
| Kore Mobile IPO Open Date: | August 26, 2022 |
| Kore Mobile IPO Close Date: | August 30, 2022 |
| Basis of Allotment: | September 5, 2022 |
| Refunds: | September 6, 2022 |
| Credit to Demat Account: | September 7, 2022 |
| Kore Mobile IPO Listing Date: | September 8, 2022 |
Kore Mobile IPO Form
How to apply Kore Mobile IPO? You can apply Kore Mobile IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Kore Mobile IPO in the Invest section. The other option you can apply Kore Mobile IPO via IPO forms download via the NSE website. Check out the Kore Mobile forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Kore Mobile Company Financial Report
| ₹ in Crores | Revenue | Expense | PAT |
|---|---|---|---|
| 2020 | ₹95.23 | ₹95.18 | ₹0.03 |
| 2021 | ₹122.25 | ₹121.82 | ₹0.29 |
| 2022 | ₹165.56 | ₹164.48 | ₹0.87 |
Kore Mobile IPO Valuation – FY2022
Check Kore Mobile IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹7.36 per Equity Share |
| Price/Earning P/E Ratio: | 4.89 |
| Return on Net Worth (RoNW): | 8.16% |
| Net Asset Value (NAV): | ₹39.40 per Equity Share |
Peer Group
- Bhatia Communications & Retail (India) Limited
Company Promoters
- Mr. Kamlesh Varjivandas Thakkar
- Mr. Kamlesh Hariram Lalwani
- Mr. Mukeshkumar Navnitray Bhatt
Kore Mobile IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: jjtl.ipo@linkintime.co.in
Website: https://linkintime.co.in
Company Address
Jay Jalaram Technologies Ltd
Office No.103, Shail Mall,
B/H. Girish Cold Drink, Shilp Char Rasta,
C. G. Road, Navrangpura, Ahmedabad -380009
Phone: 079 4899 5415
Email: cs@koremobiles.com
Website: https://www.koremobiles.com
Kore Mobile IPO Lead Managers
- Beeline Capital Advisors Pvt Ltd
Kore Mobile IPO FAQs
Q1. What is Kore Mobile IPO?
Ans. Kore Mobile IPO is an NSE SME IPO. They are going to raise ₹10.80 Crores via IPO. The issue is priced at ₹36 per equity share. The IPO is to be listed on NSE.
Q2. When Kore Mobile IPO will open?
Ans. The IPO is to open on August 26, 2022 for NII, and Retail Investors.
Q3. What is Kore Mobile IPO Investors Portion?
Ans. The investors’ portion for QIB is -%, NII is 50%, and Retail is 50%.
Q4. How to Apply the Kore Mobile IPO?
Ans. You can apply Kore Mobile IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Kore Mobile IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Kore Mobile”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Kore Mobile IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Kore Mobile”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Kore Mobile IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Kore Mobile”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Kore Mobile IPO Size?
Ans. Kore Mobile IPO size is ₹10.80 crores.
Q9. What is Kore Mobile IPO Price Band?
Ans. Kore Mobile IPO Price Band is ₹36 per equity share.
Q10. What is Kore Mobile IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 3000 shares with ₹108,000.
Q11. What is Kore Mobile IPO Allotment Date?
Ans. Kore Mobile IPO allotment date is September 5, 2022.
Q12. What is Kore Mobile IPO Listing Date?
Ans. Kore Mobile IPO listing date is September 8, 2022. The IPO to list on NSE SME.
