IPO

Fonebox Retail Limited IPO

NSE SME

Listed On: Feb 2, 2024 at ₹ 200.0

₹ 140000 /2000 Shares

Check Allotment
Fonebox Retail Limited IPO Details

25 Jan, 2024

Open Date

30 Jan, 2024

Close Date

31 Jan, 2024

Allotment Date

02 Feb, 2024

Listing Date

Issue Price

₹66-70 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

200.0

Listing Date

2024-02-02

Market Lot

2000 Shares (₹140,000/-)

Lead Manager

Beeline Capital Advisors Pvt Ltd

Issue Size

2,910,000 shares(aggregating up to ₹20.37 Cr)

Retail Portion

35%

Subscription

times

IPO Docs

DRHP RHP

Fonebox Retail Limited IPO Details


Fonebox Retail Limited IPO is an SME IPO, priced at ₹66-70 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 29,10,000 equity shares, aggregating up to ₹20.37 crores..

The IPO bidding window is open from Jan 25, 2024 to Jan 30, 2024. The allotment is expected to be finalized on Jan 31, 2024, and the tentative listing date is Feb 2, 2024.

The minimum lot size for retail investors is 2000 shares, with a minimum investment of ₹1,40,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,80,000.

Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Spread X Securities Private Limited will act as the market maker for this issue.

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Fonebox Retail Limited IPO Subscription Details

As onQIB / NIIRetail
Shares Offered / Reserved556,000 / 416,000970,000N/A
Day 1 - 25-01-24 06:00 PM0.01 / 9.93 x25.47 xN/A x
Day 2 - 29-01-24 06:00 PM3.82 / 143.88 x300.01 xN/A x
Day 3 - 30-01-24 06:00 PM138.69 / 820.34 x886.32 xN/A x
Total No. of Applications: 4,29,867 (Approx)

Fonebox Retail Limited Valuations

EPS Pre IPO

₹2.17/-

EPS Post IPO

₹1.56/-

P/E Pre IPO

32.18

P/E Post IPO

44.93

ROE

118.20%

ROCE

34.55%

Debt/Equity

5.03

RoNW

76.15%

Price to Book Value

1.66

Fonebox Retail Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets3,861.052,110.7071.08
Revenue19,626.099,092.339.92
Profit After Tax159.8612.79-2.36

About The Company

Fonebox Retail Limited is one of the popular multi-brand outlets for smartphones along with accessories developed by Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax.

The Fonebox sells its products under its two brand names, Fonebook and Fonebox.

In addition to multi-brand retailing, the company engages in multi-brand retailing of consumer durables like laptops, washing machines, smart TVs, air conditioners, refrigerators, etc., under the brands of TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus.

The company provides credit/EMI facilities to its customers for buying its products, for which the company has partnered with major leading financial institutions such as Bajaj Finance, HDB Financial Service, HDFC Bank, and IDFC First Bank.

As of 25 September 2023, the company had in total 153 stores in Gujarat state. This comprises 40 retail stores company-owned and company-operated (COCO model) and 113 under franchisee and company-operated model (FOCO model), which are spread over more than 20 cities of Gujarat.

The total number of people working for the company as of 31 July 2023 stands at 130.

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Fonebox Retail Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 71.64%

Company Promoter(s)
  1. Mr. Manishbhai Girishbhai Patel, Mr. Jigar Lallubhai Desai, Mr. Parth Lallubhai Desai, Mr. Jigneshkumar Dashrathlal Parekh And Mr. Amitkumar Gopalbhai Patel

Fonebox Retail Limited IPO - Issue Objectives

  1. To Meet Working Capital Requirements
  2. General corporate purposes
  3. To meet Public Issue Expenses

Other Details

Company Contact Details

Fonebox Retail Limited

702/703, 7th Floor, Satyam 64, Opp. Gujarat High Court, S G Road, Ahmedabad- 380061

Phone: +079 46025304

Email: cs@fonebox.in

Website: http://www.fonebook.in/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: foneboxretail.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Fonebox Retail Limited IPO - FAQs

Ans. Fonebox Retail Limited IPO is a SME IPO. The issue is priced at ₹66-70 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jan 25, 2024, and closes on Jan 30, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Fonebox Retail Limited IPO opens on Jan 25, 2024 and closes on Jan 30, 2024.

Ans. The size of Fonebox Retail Limited IPO is 2,910,000 shares(aggregating up to ₹20.37 Cr).

Ans. The IPO price band is set between ₹66-70 per equity share.

Ans. To apply for Fonebox Retail Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Fonebox Retail 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 Fonebox Retail Limited IPO is Jan 31, 2024.

Ans. The Fonebox Retail Limited IPO will be listed on Feb 2, 2024.

Ans. Follow the steps to check the allotment status for Fonebox Retail Limited IPO here.