Jay Jalaram Technologies IPO Details

August 26, 2022

Jay Jalaram Technologies IPO subscription is to open on Aug 26, 2022 and will close on Aug 30, 2022, the price band of the Jay Jalaram Technologies IPO is fixed at ₹ 36. Jay Jalaram Technologies is engaged in multi-brand retail selling of Smart Phones and allied asscessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi.

Table of Contents

About Jay Jalaram Technologies

Jay Jalaram Technologies is engaged in multi-brand retail selling of Smart Phones and allied asscessories from manufacturers like Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, and Xiaomi. Jay Jalaram Technologies also engaged in multi-brand retail selling of consumer durable electronics goods like Smat TVs, Air Conditioners, Fridges, Coolers etc. from brands like TCL, Haier, Diakin, Voltas, Mi, Realme, OnePlus, Xiaomi, Skytron

Jay Jalaram Technologies operate under the brand name KORE. As on April 30, 2022 Jay Jalaram operate from total 82 stores across the state of Gujarat. Jay Jalaram primarily sell smart mobile handsets of all the major brands, accessories for the mobile handsets, tablets, data cards and other consumer duarable electronics goods under one roof. Out of 82 stores 10 are company owned retail outlets, 65 are franchise owned and franchise operated branch retail stores (“FOFO Model”) and 7 are franchise owned and company operated branch retail stores (“FOCO Model”).

Objects of the Issue

To Meet Working Capital Requirements
General Corporate Purpose
To meet Public Issue Expenses

Jay Jalaram Technologies Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars	For the year ended (₹ in lakh)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Assets	3,590.48	2,839.35	2,487.19
Total income	16,555.85	12,225.30	9,523.41
Total Expenses	16,447.93	12,182.15	9,518.88
Profit After Tax	87.17	29.35	2.56

Kore Mobile IPO Price – Details

Description	Jay Jalaram IPO
Public Issue	Initial Public Issue of upto 30,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1080 Lakhs)
Issue Open Date	26-Aug-22
Issue Close Date	30-Aug-22
Issue Type	Fixed Price
IPO Price Band	₹ 36
Face Value	₹ 10
Market Lot	3000 Equity Shares and in multiples thereof
Minimum Order Quantity	3000 Equity Shares
Maximum Subscription Amount for Retail Investor	Rs. 2,00,000
Listing	NSE SME
NSE Symbol	JJTL
IPO Market Timings	10.00 a.m. to 5.00 p.m.

APPLY IPO WITH PAYTM MONEY

Jay Jalaram Technologies IPO DRHP & RHP

Jay Jalaram Technologies IPO Lot Size

Application	Lots	No of Shares	Amount (Rs)
Minimum	1	3000	₹ 1,08,000
Maximum	1	3000	₹ 1,08,000

Kore Mobile IPO Lead Managers

Beeline Capital Advisors Private Limited

Kore Mobile IPO Registrar

Link Intime India Private Limited

Kore Mobile IPO Allotment Date, Listing Date and other Important Dates

Details	Date
Bid / Offer Opens on	26-Aug-22
Bid / Offer Closes on	30-Aug-22
Finalisation of Basis of Allotment	05-Sep-22
Initiation of refunds	06-Sep-22
Credit of the Equity Shares	07-Sep-22
Listing Date	08-Sep-22

Company Registered Office

Office No.103, Shail Mall, B/H.
Girish Cold Drink, Shilp Char Rasta,
C. G. Road, Navrangpura,
Ahmedabad -380009, Gujarat.
Website:www.koremobiles.com

Company Promoters

Mr. Kamlesh Varjivandas Thakkar
Mr. Kamlesh Hariram Lalwani
Mr. Mukeshkumar Navnitray Bhatt

Jay Jalaram Technologies IPO – FAQS

What is the Kore Mobile IPO Price?

The Kore Mobile IPO price band is 36 per share

When Kore Mobile IPO will open?

The Kore Mobile IPO opens on Aug 26, 2022 and closes on Aug 30, 2022

What is the lot size of Jay Jalaram IPO?

The Jay Jalaram IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares

Who is the Registrar for Jay Jalaram IPO?

The Registrar for Jay Jalaram IPO is Link Intime India Private Limited

How to apply in Jay Jalaram Technologies IPO through UPI?

Check the step by step process here – Click here

How to apply in Jay Jalaram Technologies IPO through Zerodha?