Kore Mobile IPO date is fixed, The IPO is to open on August 26 and will close on August 30, 2022. Kore Mobile is an NSE SME IPO to raise ₹10.80 crores via IPO. The Kore Mobile IPO price band is fixed at ₹36 with a market lot of 3000 shares.
Kore Mobile Limited is a manufacturer of pharmaceutical products. The company was started in 2011 by Mr. Smiral Patel. Kore Mobile is a WHO-GMP Certified pharmaceutical company. The product range includes Dry powder injections (B-Lactam), Tablets & Capsules (B-Lactam) solid oral dosage form, tablets and capsules (general) Solid Oral Dosage Form, and Oral rehydration solutions (ORS).
Kore Mobile exports its products in the international market to African, Middle Eastern, and CIS countries. The company has a PAN-India presence and sells its products in bulk to traders and marketers. Manufacturing facilities are located at UNIT-I 365, G.I.D.C. Kerala, Bavla, Dist. Ahmedabad-382220 AND UNIT-II 46-407, KERALA GIDC, BAVLA, AHMEDABAD-382220 in the western Indian State of Gujarat. You can check Kore Mobile IPO subscription status and Kore Mobile IPO allotment status on their respective pages.
Objects of the 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: [email protected]
Website: https://linkintime.co.in/
Kore Mobile IPO Allotment Status
Check Kore Mobile IPO allotment status on Linkintime website URL. Click HereKore Mobile IPO Lead Managers
- Beeline Capital Advisors Pvt Ltd
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: [email protected]
Website: https://www.koremobiles.com/
Kore Mobile IPO FAQs
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