Jay Jalaram Technologies Limited
Fixed Price IPO · NSE
- Price band
- ₹36 - ₹36
- Lot size
- 3,000 shares
- Issue amount
- ₹10.8 cr
- Total subscription
- 14.97×
- Opens
- 26 Aug 2022
- Closes
- 30 Aug 2022
- Allotment
- 5 Sept 2022
- Listing
- 8 Sept 2022
Offer at a glance
Issue overview
- Issue size
- 30,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,08,000
- Fresh issue
- ₹10.8 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,08,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 81,30,000
- Shares after issue
- 1,11,30,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,08,000 |
| HNI | 2 | 6,000 | ₹2,16,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 2012, Jay Jalaram Technologies Limited operates multi-brand retail stores under the brand name "KORE," selling smartphones and accessories from brands like Apple, Samsung, Oppo, Realme, Vivo, Nokia, Xiaomi, and OnePlus, as well as consumer durable electronics such as Smart TVs, air conditioners, fridges, and coolers from TCL, Haier, Daikin, Voltas, Mi, Realme, OnePlus, Xiaomi, and Skytron. As of April 30, 2022, the company runs 82 stores across Gujarat, including 10 company-owned outlets, 65 franchise-owned franchise-operated stores (FOFO model), and 7 franchise-owned company-operated stores (FOCO model). Additionally, the company holds an exclusive dealership for Revolt electric bikes, including spare parts and accessories, with two company-owned outlets in Ahmedabad and Gandhinagar.
Strengths
- Experienced Leadership: Led by a skilled team with strong industry expertise.
- Strong Distribution Network: Well-connected retail presence across multiple locations.
- Diverse Product Range: Offers smartphones, accessories, and consumer electronics from top brands.
- Prime Locations & Facilities: Strategically placed stores for easy accessibility and better customer reach.
Promoters
Mr. Kamlesh Varjivandas Thakkar
Mr. Kamlesh Hariram Lalwani
Mr. Mukeshkumar Navnitray Bhatt
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office No.103, Shail Mall, B/H. Girish Cold Drink, Shilp Char Rasta, C. G. Road, Navrangpura, Ahmedabad -380009
079 4899 5415
[email protected]Company website ↗Understanding KORE 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.