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.

Purpose of Issuing an IPO
  • To fulfill the working capital need.
  • To invest in Joint Venture/Strategic Acquisition
  • To meet common corporate expenses
Company Financials (Amount in Lakhs)
Period EndedTotal AssetsTotal BorrowingProfit After TaxNet Worth
IPO Details
IPO DateJun 2, 2023 to Jun 7, 2023
Listing Date15 June, 2023
Face ValueRs. 10 each share
PriceRs. 180 each share
Lot Size800 shares
Issue TypeFixed Price Issue
Total Issue Size1,000,000 shares
Fresh Issue1,000,000 shares
Listing AtNSE, SME

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