Kore Mobile IPO will be Open on 26 August 2022 and closes on 30 August 2022. The company has fixed the price of this IPO at ₹36 according to the face value of ₹10. The company will raise ₹10.80 Crores through this IPO under the 30,00,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue. You can check here to know Kore Mobile IPO GMP and Kore Mobile IPO subscription status here.
Jay Jalaram Technologies Limited is engaged in multi-brand retail selling of Smart Phones and allied asscessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. We are also engaged in multi-brand retail selling of consumer durable electronics goods like Smat TVs, Air Conditioners, Fridges, Coolers etc. from brands like TCL, Haier, Diakin, Voltas, Mi, Realme, OnePlus, Xiaomi, Skytron.
The company operate under the brand name As on April 30, 2022. The company operate from total 82 stores across the state of Gujarat. We primarily sell smart mobile handsets of all the major brands, accessories for the mobile handsets, tablets, data cards and other consumer duarable electronics goods under one roof.
The ompany Out of 82 stores 10 are company owned retail outlets, 65 are franchise owned and franchise operated branch retail stores (“FOFO Model”) and 7 are franchise owned and company operated branch retail stores (“FOCO Model”).
Objects Of The Issue :
- To Meet Working Capital Requirements
- General Corporate Purpose
- To meet Public Issue Expenses
Company Strengths :
- Experienced Promoters and Management Team
- Widespread distribution network
- Wide range of Products
- Strategic location and facilities
| Read also: Upcoming IPO List 2022 |
Kore Mobile IPO Review :
■ Apply For Long Term
Kore Mobile IPO GMP Live:
Kore Mobile IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 26 Aug 2022 | ₹0-₹0 | ₹0 |
| 25 Aug 2022 | ₹0-₹0 | ₹0 |
| 24 Aug 2022 | ₹0-₹0 | ₹0 |
| 23 Aug 2022 | ₹0-₹0 | ₹0 |
Kore Mobile IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 26 August 2022 |
| IPO Close : | 30 August 2022 |
| IPO Size : | ₹10.80. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹36 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹10.80. Cr |
| Fresh Issue : | ₹10.80 Cr |
| Offer For Sale : | ₹. Cr |
Kore Mobile IPO Market Lot :
Kore Mobile IPO Minimum Market lot is 1 Lot with 3000 shares with ₹108,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹108,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 3000 Shares |
| Minimum Amount : | ₹108,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 3000 Shares |
| Maximum Amount : | ₹108,000 |
Kore Mobile IPO Shares Offer :
A Total of 30,00,000 shares are to be bid for the public issue by Kore Mobile IPO with 30,00,000 for Fresh issue and – for offer for sale Shares.
| Category | Shares Offer | Amount |
| Fresh issue : | 30,00,000 | ₹10.80 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 30,00,000 | ₹10.80 Cr |
Kore Mobile IPO Reservation :
Kore Mobile IPO Total Reservation of 30,00,000 shares are to be bid for the public issue by Kore Mobile IPO with – for QIB and 14,25,000 for NII 14,25,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹- |
| NII : | 50% | 14,25,000 | ₹5.13 Cr |
| RII : | 50% | 14,25,000 | ₹5.13 Cr |
| MMRP : | – % | 1,50,000 | ₹0.50 |
| Total : | 100% | 30,00,000 | ₹10.76 Cr |
Kore Mobile IPO Dates :
Kore Mobile IPO Date is 26 August 2022 and closes on 30 August 2022. The allotment will be finalized on 05 September 2022 and the IPO may list on 08 September 2022.
| Issue Open Date : | 26 August 2022 |
| Issue Close Date : | 30 August 2022 |
| Allotment Date : | 05 September 2022 |
| Refund Date : | 06 September 2022 |
| Share Credit Date : | 07 September 2022 |
| Listing Date : | 08 September 2022 |
Kore Mobile IPO Form :
There are two ways to apply in Kore Mobile IPO. You can apply for Kore Mobile IPO through ASBA available in your bank account. You have to go to your online bank login and select Kore Mobile IPO in the Invest section and apply through your bank account. Another option is you can apply Kore Mobile IPO through IPO form download through NSE and BSE. See the Kore Mobile IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Kore Mobile Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹16,555.85 | ₹16,447.93 | ₹87.17 |
| 2021 | ₹12,225.30 | ₹12,182.15 | ₹29.35 |
| 2020 | ₹9,523.41 | ₹9,518.88 | ₹2.56 |
| 2019 | ₹9,577.07 | ₹9,580.70 | ₹6.34 |
Company Promoters :
■ Mr. Kamlesh Varjivandas Thakkar
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Kore Mobile IPO Lead Managers :
Beeline Capital Advisors Private Limited
Address: 807, Phoenix, Opp. Girish Cold Drinks,
Near Vijay Cross Roads,
Navrangpura, Ahmedabad -380009, Gujarat.
Telephone Number: 079 4840 5357
Email Id:[email protected]
Investors Grievance Id:[email protected]
Website:www.beelinemb.com
Kore Mobile IPO Registrar :
Link Intime India Private Limited
Address: C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg, Vikhroli (West),
Mumbai – 400 083, Maharashtra
Tel. Number: 022 4918 6200 Fax: 022 4918 6195
Email Id:[email protected]
Investors Grievance Id:[email protected]
Website:www.linkintime.co.in
Note: Check Kore Mobile IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Jay Jalaram Technologies Limited
Registered Office Office No.103,
Shail Mall, B/H.Girish Cold Drink,
Shilp Char Rasta, C. G.
Road, Navrangpura,
Ahmedabad -380009,Gujarat, India;
Telephone No.: 079 4899 5415
Website: www.koremobiles.com
E-Mail: [email protected]
Kore Mobile IPO FAQs :
What is Kore Mobile IPO?
Kore Mobile IPO is SME IPO. They are going to raise ₹10.80. Crores via IPO. The issue is priced at ₹36 per equity share. The IPO to be listed on NSE, SME.
When Kore Mobile IPO will open?
The IPO is to open on 26 August 2022 and closes on 30 August 2022 for QIB, NII & RII.
What is Kore Mobile IPO Size?
Kore Mobile IPO size is ₹10.80 Crores.
What is the Fresh issue size of Kore Mobile IPO?
The Fresh issue size of Kore Mobile IPO ₹10.80 Cr.
What is the Offer For Sale size of Kore Mobile IPO?
The Offer For Sale size of Kore Mobile IPO ₹0 Cr.
What is Kore Mobile IPO Price Band?
Kore Mobile IPO Price Band is ₹36 Per share.
What is Kore Mobile IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹108,000 amount while the maximum bid is 3000 shares with ₹108,000.
What is Kore Mobile IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Kore Mobile IPO Allotment Date?
Kore Mobile IPO allotment date is 05 September 2022.
What is Kore Mobile IPO Listing Date?
Kore Mobile IPO listing date is 08 September 2022. The IPO to list on NSE, SME.
How to Apply the Kore Mobile IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Kore Mobile IPO”. 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.
How to Apply the Kore Mobile IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Kore Mobile IPO”. 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.
How to Apply the Kore Mobile IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Kore Mobile IPO”. 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.
How to Apply the Kore Mobile IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Kore Mobile IPO”. 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.
| Kore Mobile GMP: Click Here Kore Mobile Subscription: Click Here Kore Mobile Allotment: Click Here Kore Mobile Listing: Click Here |
All Kore Mobile IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.