Kore Digital Limited
Kore Digital Limited
Kore Limited Digital was incorporated in 2009 and works as a Telecommunication Infrastructure Provider. Their purpose is to provide top-notch communication solutions to Telecom Network Operators.
Primarily, it operates in Maharashtra. They offer services including Optical Fibre Cables, and installing Poles, and Towers.
In 2009, the company was Licensed by the Department of Telecommunications with the Infrastructure Provider (IP)-1 License.
Under the terms of the License, the company can create and maintain assets such as duct space, towers, and dark fibers in order to lease, rent, or sell them to broadband service operators, ISPs, and telecom network operators who hold valid Licenses.
By 2023, the company will have installed fibers for its telecom operators, including Bharti Airtel Limited, Reliance Jio, Vodafone Idea Ltd., and Tata Teleservices.
- To fulfill the working capital need.
- To invest in Joint Venture/Strategic Acquisition
- To meet common corporate expenses
| Period Ended | Total Assets | Total Borrowing | Profit After Tax | Net Worth |
| 31-Mar-21 | 584.81 | 21.96 | 25.93 | 34.14 |
| 31-Mar-22 | 1,441.57 | 17.72 | 217.97 | 252.11 |
| 31-Dec-22 | 1,573.07 | 184.18 | 253.92 | 506.02 |
| IPO Date | Jun 2, 2023 to Jun 7, 2023 |
| Listing Date | 15 June, 2023 |
| Face Value | Rs. 10 each share |
| Price | Rs. 180 each share |
| Lot Size | 800 shares |
| Issue Type | Fixed Price Issue |
| Total Issue Size | 1,000,000 shares |
| Fresh Issue | 1,000,000 shares |
| Listing At | NSE, SME |
