IPO Synopsis

Kore Digital Ltd

Registered Office: B 1107-1108,Shelton Sapphire,sector 15 CBD Belapur Navi MUM, Thane - 400614, Maharashtra, India. Phone : +916354458154   Fax: Email : cs@koredigital.com Website :www.koredigital.com

Initial public issue of 10,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Kore Digital Limited ("The Company" or "The Issuer Company") for cash at a price Rs. 180/- per equity share (including a share premium of Rs. 170/- per equity share) ("Issue Price") aggregating to Rs. 18.00 crores ("The Issue"), out of which 52,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 180/- per equity share, aggregating to Rs. 0.94 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 9,48,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 180/- per equity share aggregating to Rs. 17.06 crores (is hereinafter referred to as the "Net Issue"). The issue and the net issue will constitute 28.41 %and 26.93 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 180 is 18.0 times of the face value. Issue Opens On Closes On 02-Jun-23 07-Jun-23 Money Payable On Application Allotment 180.00 0.00 Minimum Application for shares in Nos : 800 Further Multiples of : 800 Cr Lead Managers to the Issue Project Cost (.Cr) 17.50 First Overseas Capital Ltd Project Financed through Current Offer (.Cr) 18.00   Post Issue Equity Share Capital (.Cr) 3.52 Issue Price () 180.00

Projects

To meet the working capital requirements Investment in strategic acquisition/joint venture General corporate expenses

Promoted By

Ravindra Navinchandra Doshi

Kashmira Ravindra Doshi

Chaitanya Ravindra Doshi

Listing At

NSE - SME

Registrar to the Issue

No Data Available