Fonebox Retail Limited IPO
Fonebox Retail Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹66–₹70 per share. The stock debuted at ₹200, delivering a listing gain of 185.7%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,40,000.
Fonebox Retail Limited IPO
- IPO Dates
- Jan 25, 2024 – Jan 30, 2024
- Price band
- ₹66-70 per equity share
- Minimum Investment
- ₹1,40,000
- Issue size
- ₹20.37 Cr
- Lot size
- 2000
- Allotment Date
- Jan 31, 2024
- Listing
- Feb 2, 2024
- Listing At
- NSE SME
IPO timeline
-
Jan 25, 2024
Open Date
Completed
-
Jan 30, 2024
Close Date
Completed
-
Jan 31, 2024
Allotment Date
Completed
-
Feb 2, 2024
Listing Date
Completed
Fonebox Retail Limited IPO Essentials
Fonebox Retail Limited IPO Details
Fonebox Retail Limited IPO is priced at ₹66-70 per share with a total issue size of 20.37 crore. The IPO has a lot size of 2000 shares and is listed on NSE SME.
- Issue price
- ₹66-70 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,910,000 shares(aggregating up to ₹20.37 Cr)
- Total issue size
- 29,10,000 shares
(aggregating up to ₹20.37 crore) - Fresh issue
- 29,10,000 shares
(aggregating up to ₹20.37 crore) - Listing at
- NSE SME
- List price
- 200.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,40,000 |
| Retail(max) | 1 | 2000 | ₹1,40,000 |
| NII (min) | 2 | 4,000 | ₹2,80,000 |
Fonebox Retail Limited IPO Reservation
Fonebox Retail Limited IPO reservation details show category-wise allocation of shares. Out of the total 2,910,000 shares, approximately 19.11% are reserved for QIB, 14.3% for NII, 33.33% for retail investors, 5.02% for market maker, and 28.38% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 826,000 (28.38%) | |
| Market Maker Shares Offered | 146,000 (5.02%) | |
| QIB Shares Offered | 556,000 (19.11%) | |
| NII (HNI) Shares Offered | 416,000 (14.3%) | |
| Retail Shares Offered | 970,000 (33.33%) | |
| Total Shares Offered | 2,910,000 (100%) |
Fonebox Retail Limited IPO Analytics
Fonebox Retail Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Fonebox Retail Limited IPO Subscription Status
Fonebox Retail Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 556,000 / 416,000 | 970,000 | 1,938,000 |
|
Day 1
25-01-24 06:00 PM
|
(0.01 / 9.93) x | 25.47 x | 14.88 x |
|
Day 2
29-01-24 06:00 PM
|
(3.82 / 143.88) x | 300.01 x | 182.14 x |
|
Day 3
30-01-24 06:00 PM
|
(138.69 / 820.34) x | 886.32 x | 659.50 x |
Fonebox Retail Limited Valuations
Earnings
- EPS Pre IPO
- ₹2.17/-
- EPS Post IPO
- ₹1.56/-
- P/E Pre IPO
- 32.18
- P/E Post IPO
- 44.93
Returns
- ROE
- 118.20%
- ROCE
- 34.55%
- RoNW
- 76.15%
Fundamentals
- Debt / Equity
- 5.03
- Price / Book
- 1.66
Fonebox Retail Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 3,861.05 | 2,110.70 | 71.08 |
| Revenue | 19,626.09 | 9,092.33 | 9.92 |
| Profit After Tax | 159.86 | 12.79 | -2.36 |
Fonebox Retail Limited Company & Offer Insights
About Fonebox Retail Limited
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.
Fonebox Retail Limited Promoter(s)
Mr. Manishbhai Girishbhai Patel, Mr. Jigar Lallubhai Desai, Mr. Parth Lallubhai Desai, Mr. Jigneshkumar Dashrathlal Parekh And Mr. Amitkumar Gopalbhai Patel are the company's promoters of Fonebox Retail Limited.
Fonebox Retail Limited IPO Issue Objectives
- •
- To Meet Working Capital Requirements
- •
- General corporate purposes
- •
- To meet Public Issue Expenses
Fonebox Retail Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Fonebox Retail Limited | 2.35 | N/A | 42.05 | 32.18 | 76.15 | 1.66 | Standalone |
| Jay Jalaram Technologies Limited | 2.55 | N/A | 21.22 | 71.73 | 10.62 | 8.62 | Standalone |
| Bhatia Communications & Retail (India) Ltd | 0.68 | N/A | 4.36 | 25.1 | 15.55 | 3.9 | Standalone |
Notes:
- RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus reduced by preliminary expenses.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
- Current Market Price (CMP) is taken as the closing price of respective scripts as on March 31, 2023, at NSE & BSE, as applicable. For Fonebox Retail Limited, the Current Market Price is the same as the issue price of equity shares.
- The figures as of March 31, 2023, are taken from the financial results uploaded on respective Stock Exchange(s).
Contact Information
Contact Details
Fonebox Retail Limited
+079 46025304
702/703, 7th Floor, Satyam 64, Opp. Gujarat High Court, S G Road, Ahmedabad- 380061
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Fonebox Retail Limited IPO is a book-built IPO worth ₹20.37 crore. The price band is ₹66–₹70 per share. The IPO opens on Jan 25, 2024 and closes on Jan 30, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of Fonebox Retail Limited IPO is ₹66 to ₹70 per share.
The lot size of Fonebox Retail Limited IPO is 2000 shares.
The minimum investment for Fonebox Retail Limited IPO is approximately ₹1,40,000 based on the upper price band .
Fonebox Retail Limited IPO opens on Jan 25, 2024 and closes on Jan 30, 2024.
The allotment date of Fonebox Retail Limited IPO is Jan 31, 2024.
Fonebox Retail Limited IPO is expected to be listed on Feb 2, 2024, on NSE SME Platform.
Fonebox Retail Limited IPO valuation snapshot: P/E 44.93, EPS ₹1.56/-, P/B 1.66, RoNW 76.15%, and market cap N/A.
To apply for Fonebox Retail Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Fonebox Retail Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Fonebox Retail Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Fonebox Retail Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Fonebox Retail Limited IPO allotment status on IPO Ji for quick and easy access.