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Kore Digital IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Telecom sector. First Overseas Capital is the merchant banker of Kore Digital IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th March 2023.
Kore Digital IPO open date is 2nd June 2023 and close date is 7th June 2023. IPO Allotment Date is 12th June 2023 and Listing date is 14th June 2023.Kore Digital IPO size is Rs 18.00 Cr. crores with IPO price of Rs 180.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
First Overseas Capital Limited is the book-running lead manager of the Kore Digital IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Nnm Securities Private Limited for Kore Digital IPO.
Kore Digital IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Kore Digital IPO, based in Mumbai, operates in the Telecom sector with a focus on Provide high-end communication solutions. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Kore Digital IPO size is ₹ 18.00 Cr. Crores with fresh issue size of Rs 18.00 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Kore Digital IPO is expected to be 12th June 2023, after the finalization of basis of allotment. Investors can check Kore Digital IPO allotment status on the registrars website, Bigshare Services Private Limited. Kore Digital IPO refund dates are 13th June 2023.
Kore Digital IPO is expected to be listed on 14th June 2023.
The upper price band for the Kore Digital IPO is set at ₹ 180.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Kore Digital IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Kore Digital IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th June 2023. After submission, funds are blocked until the basis of allotment of Kore Digital IPO is finalised.
The merchant banker for Kore Digital IPO is First Overseas Capital Limited . First Overseas Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Kore Digital IPO RHP for further details.
The registrar for Kore Digital IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Kore Digital IPO through their official website or helpline.
Kore Digital IPO was subscribed 41.56 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 18.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 19.53 Cr.
Sector: Telecom
SME IPO so far:
11
Merchant Banker:
First Overseas
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 15.93 cr.
PE
Ratio:
17.86x
Average Sector PE Ratio: 12.37x
Kore Digital IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Kore Digital Financial Review Page
Merchant Banker(s) of Kore Digital IPO: First Overseas Capital Limited
Kore Digital IPO subscription was 41.56 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Kore Digital IPO listed at a listing price of 201.00 against the offer price of 180.00.
The current market price of Kore Digital is 343.45.
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