Kore Digital Limited IPO Detail { Kore Digital IPO }
Kore Digital Limited, established in 2009, is a leading Telecommunication Infrastructure Provider focused on delivering advanced communication solutions to corporate clients and Telecom Network Operators. The company operates primarily in Maharashtra, offering a range of services including the installation and commissioning of Poles, Towers, and Optical Fibre Cable (OFC) Systems.
In 2009, Kore Digital obtained the Infrastructure Provider (IP)-I License from the Department of Telecommunications (DoT). This license authorizes the company to establish and maintain various assets such as Dark Fibres, right of way, duct space, and towers. These assets can be leased, rented, or sold to licensees of Telecom Network Operators, Broadband Service Operators, and Internet Service Providers (ISPs).
By 2023, Kore Digital Limited has successfully deployed approximately 450 kilometers of fiber optic cables for Telecom Network Operators, including Vodafone Idea Ltd, Bharti Airtel Limited, Reliance Jio, and Tata Teleservices. These fiber optic networks span across key areas such as Mumbai, Navi Mumbai, Thane, Bhiwandi, Kalyan, Panvel, and Pune. In addition to laying fiber as part of vendor projects, Kore Digital has also established its own network infrastructure to serve the region.
Kore Digital IPO Important Details
|
IPO Date |
Jun 2, 2023 to Jun 7, 2023 |
|
Listing Date |
[.] |
|
Face Value |
₹10 per share |
|
Price |
₹180 per share |
|
Lot Size |
800 Shares |
|
Total Issue Size |
1,000,000 shares (aggregating up to ₹18.00 Cr) |
|
Fresh Issue |
1,000,000 shares (aggregating up to ₹18.00 Cr) |
|
Issue Type |
Fixed Price Issue IPO |
|
Listing At |
NSE SME |
|
Share holding pre issue |
25,20,000 |
|
Share holding post issue |
35,20,000 |
|
Market Maker portion |
52,000 shares (Nnm Securities) |
KORE DIGITAL LIMITED FINANCIAL DETAILS (YEAR ON YEAR)
|
|
|
|
|
|
|
|
|
Period Ended |
Total Assets |
Total Revenue |
Profit After Tax |
Net Worth |
Reserves and
Surplus |
Total Borrowing |
|
31-Mar-20 |
188.66 |
87.61 |
1.82 |
8.21 |
7.21 |
|
|
31-Mar-21 |
584.81 |
397.9 |
25.93 |
34.14 |
33.14 |
21.96 |
|
31-Mar-22 |
1,441.57 |
1,694.45 |
217.97 |
252.11 |
251.11 |
17.72 |
|
31-Dec-22 |
1,573.07 |
1,195.71 |
253.92 |
506.02 |
254.02 |
184.18 |
|
|
|
|
|
|
Amount in ₹ Lakhs |
|
Leave a Comment