Share the post "IPO Launch: Kore Foods’s OTB on 18-02-2025!"
An IPO, or Initial Public Offering, is when a private company issues shares to the public for the first time, allowing it to raise capital from a diverse pool of investors. This significant step provides the company with the necessary funding to expand and develop while giving early investors a chance to liquidate their holdings. The IPO process typically involves collaboration with investment banks and adherence to strict regulatory standards. Kore Foods IPO of OTB type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 18 Feb 2025 to 05 Mar 2025 , with a market lot of 1 shares. This call notice includes , covering ₹10.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | KORE FOODS LTD |
|---|---|
| Offer Price () | 10.00 |
| Face Value | 10.00 |
| Type Of Issue | OTB |
| Issue Status | Forthcoming |
| Scripname | KORE FOODS LTD |
| Security Type | Equity |
| Symbol | KORE |
| Issue Type | Takeover |
| Issue Period | 18 Feb 2025 to 05 Mar 2025 |
| Tick Price | 0.01 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 57,89,495 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 57,89,495 |
| Floor Price/Offer Price | 10.00 |
| Indicative Price | |
| Cummulative Bid Quantity | – |
| Name Of Acquirer(s)/Company | EAM24 FOODS AND BEVERAGES PRIVATE LIMITED |
| Buyer Member | RRS Shares & Stock Brokers Pirvate Limited |
| Book Running Lead Manager | Sobhagya Capital Options Ltd |
| Registrar | Purva Sharegistry (India) Private Limited |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Takeover) of KORE FOODS LIMITED |
Kore Foods IPO opens on 18-02-2025, and closes on 05-03-2025
| Start Date | 18-02-2025 |
|---|---|
| End Date | 05-03-2025 |
| Issue Period | 18 Feb 2025 to 05 Mar 2025 |
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