Fone4 Communications (India) Limited IPO
BSE SMEListed On: May 6, 2022 at ₹ 10.0
₹ 200000 /20000 Shares
*Min Investment
25 Apr, 2022
Open Date27 Apr, 2022
Close Date02 May, 2022
Allotment Date06 May, 2022
Listing DateIPO Issue Details
- Issue Price ₹10 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 6,800,000 Eq Shares of ₹10(aggregating up to ₹6.80 Cr)
- Listing at BSE SME
- List Price 10.0
- Listing Date 2022-05-06
- Lead Manager Finshore Management Services Limited
- Registrar Cameo Corporate Services Limited
IPO Details
- Retail Portion N/A
IPO Details
Fone4 Communications (India) Limited IPO is an SME IPO, priced at ₹10 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Apr 25, 2022 to Apr 27, 2022. The allotment is expected to be finalized on May 2, 2022, and the tentative listing date is May 6, 2022.
The registrar of the IPO is Cameo Corporate Services Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 3,230,000 | 3,230,000 | 6,460,000 |
Day 1 25-04-22 06:00 PM | 1.19 x | 1.33 x | 1.26 x |
Day 2 26-04-22 06:00 PM | 1.29 x | 7.28 x | 4.28 x |
Day 3 27-04-22 06:00 PM | 7.43 x | 22.07 x | 14.76 x |
Valuations
Company Financials
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 31.62 | 49.27 | 165.77 | 142.25 |
| Revenue | 26.26 | 63.80 | 57.52 | 152.42 |
| Profit After Tax | (-0.02) | (-0.10) | (-0.97) | (-1.55) |
About Company
Incorporated in 2014, Fone4 Communications (India) Limited is an online Electronic E-Commerce company. The company distributes a wide range of products online and offline such as electronic gadgets and accessories for Smart Phones, Laptops, Smart Television, etc. from major manufacturers such as Apple, Samsung, Oppo, Vivo, Xiaomi, Nokia, Redmi, Techno, Karbonn, One Plus, Dell, Lenovo, Asus, HP, Acer, Avita, TCL, Xiaomi, LG, and Sansui. Fone4 Communications is located in Kerela.Fone4 Communications has 25 Showrooms with the brand name 'FONE4' in all major cities of Kerala including Calicut, Cochin, Kollam, Kottayam, Malappuram, Palakkad, Thrissur, among others. The company's warehouse is located in Kochi, Kerela.
Read More- Promoter(s)
Mr. Sayyed Hamid
Mrs Roudha Zerlina
Pre Issue Share Holding : 95.12%
Post Issue Share Holding : 57.18%
IPO - Issue Objectives
To meet the working capital requirements of the company.
To meet the Issue Expenses.
General Corporate Purpose.
IPO - FAQs
Ans. Fone4 Communications (India) Limited IPO is a SME IPO. The issue is priced at ₹10 per equity share. The minimum order quantity is 10000 Shares. The IPO opens on Apr 25, 2022, and closes on Apr 27, 2022. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Fone4 Communications (India) Limited IPO opens on Apr 25, 2022 and closes on Apr 27, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Fone4 Communications (India) Limited IPO is 6,800,000 Eq Shares of ₹10(aggregating up to ₹6.80 Cr).
Ans. The Fone4 Communications (India) Limited IPO price band is set between ₹10 per equity share.
Ans. To apply for Fone4 Communications (India) Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Fone4 Communications (India) Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Fone4 Communications (India) Limited IPO is May 2, 2022.
Ans. The Fone4 Communications (India) Limited IPO will be listed on May 6, 2022.
Ans. Follow the steps to check the Fone4 Communications (India) Limited IPO allotment status online.
