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KDLSME / NSEListed
Kore Digital

Incorporated in 2009, Kore Digital Limited is a telecommunications infrastructure provider offering high-end communication solutions mainly in Maharashtra. The company provides services such as installation and commissioning of Poles, Towers, and Optical Fibre Cable (OFC) systems. Kore Digital holds a DoT-issued Infrastructure Provider (IP-I) License, allowing it to establish and maintain assets like Dark Fibres, duct space, right of way, and towers to lease or sell to telecom operators, broadband players, and ISPs. As of 2023, the company has laid around 450 km of fiber for major telecom networks such as Vodafone Idea, Bharti Airtel, Reliance Jio, and Tata Teleservices across Mumbai, Navi Mumbai, Thane, Bhiwandi, Kalyan, Panvel, and Pune.

₹270 - ₹28569.98x sub
Listed Price₹201.00
Listing Gain-29.47%

IPO Schedule & Timeline

Book Built Issue IPO
Open06 Jul 2023
Close08 Jul 2023
Allotment13 Jul 2023
Listing16 Jul 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB52,000 shares
5.2%
Nii (hni)4,74,000 shares
47.4%
Retail4,74,000 shares
47.4%

Minimum Application Lots

Retail1 Lot (52 shares)
₹14,820
sHNI14 Lots (728 shares)
₹2,07,480
bHNI68 Lots (3,536 shares)
₹10,07,760

Company Promoters

Mr. Ravindra Navinchandra DoshiMrs. Kashmira Ravindra DoshiMr. Chaitanya Ravindarera Doshi

Company Background

Incorporated in 2009, Kore Digital Limited is a telecommunications infrastructure provider offering high-end communication solutions mainly in Maharashtra. The company provides services such as installation and commissioning of Poles, Towers, and Optical Fibre Cable (OFC) systems. Kore Digital holds a DoT-issued Infrastructure Provider (IP-I) License, allowi...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹87.61 Cr
Growth-92.7%
Revenue Trend (₹ in Crores)
0.0649.51.3k1.9kMar 2023Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 202087.611.82188.660
Mar 2021397.9025.93584.8121.96
Mar 20221,694.45217.971,441.5717.72
Mar 20231,195.71253.921,573.07184.18

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values10.080.67%0.49%17.860

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
13 Jul 2023
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
16 Jul 2023

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Kore Digital. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization13 Jul 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 Jul 2023Trading commences on exchange

How to Check Kore Digital Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Kore Digital from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Kore Digital IPO

Complete issue overview for Kore Digital (KDL) IPO. The issue features an equity share price band of ₹270 – ₹285 per share with a minimum retail lot size of 800 Shares (minimum application amount of ₹2,28,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions