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Fone4 Communications (India) Limited IPO
BSE SME₹100,000 / 10000 Shares
Fone4 Communications (India) Limited IPO Details
The Fone4 Communications (India) Limited IPO price band is set between ₹10 per equity share, with a face value of ₹10 per share. The issue is managed by Cameo Corporate Services Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 25 Apr, 2022 and closes on 27 Apr, 2022. Investors can check the allotment status on 2 May, 2022, while the listing date is tentatively scheduled for 6 May, 2022.
The total issue size is 6,800,000 Eq Shares of ₹10, aggregating up to ₹6.80 Cr. Stay tuned for the latest Fone4 Communications (India) Limited IPO review and GMP updates.
Fone4 Communications (India) Limited IPO Review, Rating & Analysis
Fone4 Communications (India) Limited IPO Review
NO REVIEWFone4 Communications (India) Limited IPO Rating
Fone4 Communications (India) Limited IPO Highlights
IPO Date
Apr 25, 2022 - Apr 27, 2022
Listing Date
6 May, 2022
Face Value
₹10 Per Equity Share
Price Band
₹10 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Fone4 Communications (India) Limited IPO Lot Size
The minimum market lot for Fone4 Communications (India) Limited IPO is 10000 shares with an application amount of ₹1,00,000. Retail investors can apply for up to 2 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹1,00,000 |
| Retail (Max) | 2 | 20000 | ₹2,00,000 |
| S-HNI (Min) | 3 | 30000 | ₹3,00,000 |
| S-HNI (Max) | 10 | 100000 | ₹10,00,000 |
| B-HNI (Min) | 11 | 110000 | ₹11,00,000 |
Fone4 Communications (India) Limited IPO Timeline
Issue Price
₹10 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Cameo Corporate Services LimitedLead Manager
Finshore Management Services LimitedIssue Size
6,800,000 Eq Shares of ₹10(aggregating up to ₹6.80 Cr)Fone4 Communications (India) Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 21 | 31.62 | 26.26 | (-0.02) | - | - | - |
| 31 Mar 21 | 49.27 | 63.80 | (-0.10) | - | - | - |
| 31 Mar 20 | 165.77 | 57.52 | (-0.97) | - | - | - |
| 31 Mar 19 | 142.25 | 152.42 | (-1.55) | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Sayyed Hamid
- Mrs Roudha Zerlina
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 95.12% | 57.18% |
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.
Fone4 Communications (India) Limited IPO Subscription 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 |
Frequently Asked Questions about Fone4 Communications (India) Limited IPO IPO
When will Fone4 Communications (India) Limited IPO open for subscription?
The Fone4 Communications (India) Limited IPO opens on 25 Apr, 2022 and closes on 27 Apr, 2022.
What is the investors portion for Fone4 Communications (India) Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 3230000.
How to apply for Fone4 Communications (India) Limited IPO?
You can apply for Fone4 Communications (India) Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Fone4 Communications (India) Limited IPO?
The issue size of Fone4 Communications (India) Limited IPO is approx ₹6,800,000 Eq Shares of ₹10(aggregating up to ₹6.80 Cr) crores.
What is the price band of Fone4 Communications (India) Limited IPO?
The price band for Fone4 Communications (India) Limited IPO is ₹10 per equity share to ₹undefined.
What is the lot size of Fone4 Communications (India) Limited IPO?
The minimum bid (lot size) for Fone4 Communications (India) Limited IPO is N/A shares with an investment of approx ₹100,000 .
What is the allotment date of Fone4 Communications (India) Limited IPO?
The allotment date for Fone4 Communications (India) Limited IPO is 2 May, 2022.
What is the listing date of Fone4 Communications (India) Limited IPO?
The listing date for Fone4 Communications (India) Limited IPO is expected to be 6 May, 2022.
What is the GMP of Fone4 Communications (India) Limited IPO?
The latest Grey Market Premium (GMP) for Fone4 Communications (India) Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.