Current track

Title

Artist


Kore Mobile IPO GMP, Price, Review, Allotment & Analysis

Written by on August 20, 2022

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 GMP, Price, Review, Allotment & Analysis

Kore Mobile IPO Review

Date
GMP
Kostak Subject to
20 August ₹- ₹- ₹-

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 Here

Kore 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

What is Kore Mobile IPO?

Kore Mobile IPO is an NSE SME IPO. They are going to raise ₹10.80 Crores via IPO. The issue is priced at ₹36 per equity share. The IPO is to be listed on NSE.

When Kore Mobile IPO will open?

The IPO is to open on August 26, 2022 for NII, and Retail Investors.

What is Kore Mobile IPO Investors Portion?

The investors’ portion for QIB is -%, NII is 50%, and Retail is 50%.

How to Apply the Kore Mobile IPO?

You can apply Kore Mobile IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Kore Mobile IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Kore Mobile”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Kore Mobile IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Kore Mobile”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Kore Mobile IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Kore Mobile”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Kore Mobile IPO Size?

Kore Mobile IPO size is ₹10.80 crores.

What is Kore Mobile IPO Price Band?

Kore Mobile IPO Price Band is ₹36 per equity share.

What is Kore Mobile IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹108,000.

What is Kore Mobile IPO Allotment Date?

Kore Mobile IPO allotment date is September 5, 2022.

What is Kore Mobile IPO Listing Date?

Kore Mobile IPO listing date is September 8, 2022. The IPO to list on NSE SME.

Note: The Kore Mobile IPO details are announced officially. The IPO grey market premium (Kore Mobile IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

Follow correct success ipo for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.




To know more about latest IPO gmp please visit correctsuccess.com