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Kore Digital Limited operates as a Telecommunication Infrastructure Provider. The company was set up with the objective of offering high-end communication solutions to corporate and Telecom Network Operators. Kore Digital primarily operates in Maharashtra. They offer services like installing and commissioning Poles, Towers, and Optical Fibre Cable (OFC) Systems in Maharashtra.
Kore Digital IPO’s total issue size is of 1,000,000 shares (aggregating up to ₹18.00 Crores)
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects: 1. To meet the Working Capital requirements 2. Investment in Strategic Acquisition / Joint Venture 3. General Corporate Expenses
The allotment date of Kore Digital IPO is set for 12th June, 2023.