• SENSEX 78,553.20
    1,508.91 (+1.96%)
  • BANKNIFTY 54,290.20
    1,172.45 (+2.21%)

IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Kore Digital Ltd

Kore Digital Ltd

    Registered Office : B 1107-1108,Shelton Sapphire,sector 15 CBD Belapur Navi MUM,Thane Maharashtra 400614 Phone : +916354458154
    Fax :

    Email : cs@koredigital.com

    Website : www.koredigital.com

Initial public issue of 10,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Kore Digital Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 180/- per equity share (including a share premium of Rs. 170/- per equity share) ("Issue Price") aggregating to Rs. 18.00 crores ("The Issue"), out of which 52,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 180/- per equity share, aggregating to Rs. 0.94 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 9,48,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 180/- per equity share aggregating to Rs. 17.06 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 28.41 %and 26.93 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 180 is 18.0 times of the face value.

Issue

Opens On

Closes On

02-Jun-2023

07-Jun-2023

Money Payable On

Application

Allotment

180.00

0.00

Minimum Application for shares in Nos : 800.0 Further Multiples of : 800.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

17.50

18.00

3.52

180.00

First Overseas Capital Ltd

Projects
  • To meet the working capital requirements
  • Investment in strategic acquisition/joint venture
  • General corporate expenses
Promoted By
  • Ravindra Navinchandra Doshi
  • Kashmira Ravindra Doshi
  • Chaitanya Ravindra Doshi
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd