Kore Digital Limited
Book Built Issue IPO · NSE
- Price band
- ₹270 - ₹285
- Lot size
- 800 shares
- Issue amount
- ₹18 cr
- Total subscription
- 66.29×
- Opens
- 6 Jul 2023
- Closes
- 8 Jul 2023
- Allotment
- 13 Jul 2023
- Listing
- 16 Jul 2023
Offer at a glance
Issue overview
- Issue size
- 10,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹2,16,000
- Fresh issue
- ₹18 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹14,820
- Issue type
- Book Built Issue IPO
- Shares before issue
- 25,20,000
- Shares after issue
- 35,20,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 52 | ₹14,820 |
| sHNI | 14 | 728 | ₹2,07,480 |
| bHNI | 68 | 3,536 | ₹10,07,760 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 114.55 | 19,779.29 |
| RETAIL | 207.55 | 3,036.77 |
| NIB | 88.95 | 5,948.33 |
| HNIs 2+ | 29.65 | 1,762.81 |
| HNIs 10+ | 59.3 | 4,185.52 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 10.08 |
| ROE | 0.67 |
| ROCE | 0.49 |
| RONW | 50.18 |
| PRE IPO(PE) | 17.86 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2009, Kore Digital Limited is a telecommunications infrastructure provider offering high-end communication solutions mainly in Maharashtra. The company provides services such as installation and commissioning of Poles, Towers, and Optical Fibre Cable (OFC) systems. Kore Digital holds a DoT-issued Infrastructure Provider (IP-I) License, allowing it to establish and maintain assets like Dark Fibres, duct space, right of way, and towers to lease or sell to telecom operators, broadband players, and ISPs. As of 2023, the company has laid around 450 km of fiber for major telecom networks such as Vodafone Idea, Bharti Airtel, Reliance Jio, and Tata Teleservices across Mumbai, Navi Mumbai, Thane, Bhiwandi, Kalyan, Panvel, and Pune.
Promoters
Mr. Ravindra Navinchandra Doshi
Mrs. Kashmira Ravindra Doshi
Mr. Chaitanya Ravindarera Doshi
Registrar & documents
Lead manager
First Overseas Capital Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
B 1107-1108, Shelton Sapphire Sector 15, CBD Belapur Navi Mumbai Thane 400614
+91 6354458154
[email protected]Company website ↗Understanding KDL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.