Kore Digital Limited
ListedSMETelecommunications · NSE
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.
Price Band
₹270 – ₹285
Issue Size
₹18.00 Cr
Lot Size
800 shares
GMP
₹100
+35.1%
Est. Listing
₹385
at current GMP
Subscribed
66.29x
overall
Open
6 Jul 2023
Close
8 Jul 2023
Allotment
13 Jul 2023
Refund
14 Jul 2023
Demat Credit
15 Jul 2023
Listing
16 Jul 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Telecommunications segment
- •Price band established at ₹270 - ₹285 per equity share
- •Minimum bid lot is 800 shares
- •Estimated listing target of ₹385 based on current grey market activity