Fonebox Retail Limited IPO
NSE SMEListed On: Feb 2, 2024 at ₹ 200.0
₹ 140000 /2000 Shares
Check AllotmentFonebox Retail Limited IPO Details
25 Jan, 2024
Open Date30 Jan, 2024
Close Date31 Jan, 2024
Allotment Date02 Feb, 2024
Listing DateIssue Price
₹66-70 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
200.0Listing Date
2024-02-02Market Lot
2000 Shares (₹140,000/-)Lead Manager
Beeline Capital Advisors Pvt LtdIssue Size
2,910,000 shares(aggregating up to ₹20.37 Cr)Retail Portion
35%Subscription
659.50 timesIPO Docs
Fonebox Retail Limited IPO Subscription Details
| 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
EPS Pre IPO
₹2.17/-EPS Post IPO
₹1.56/-P/E Pre IPO
32.18P/E Post IPO
44.93RoNW
76.15%Fonebox Retail Limited Company Financials All values are in ₹ Lakh
| 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 |
About The Company
Fonebox Retail Limited is a multi-brand retailer of smartphones and accessories from manufacturers such as Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax.
The company operates under two brand names Fonebook and Fonebox.
The company is also engaged in multi-brand retailing of consumer durables such as laptops, washing machines, smart TVs, air conditioners, refrigerators, etc. from brands such as TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus.
The company offers credit/EMI facilities to its customers for the purchase of its products for which the company has tied up with major leading financial institutions like Bajaj Finance, HDB Financial Service, HDFC Bank and IDFC First Bank.
As of September 25, 2023, the company had a total of 153 stores in the state of Gujarat. Of these, 40 are company-owned and company-operated retail stores (COCO model) and 113 are under the franchisee and company-operated model (FOCO model) spread across more than 20 cities in Gujarat.
As on July 31, 2023, the company employed a total of 130 people.
Fonebox Retail Limited - Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: 71.64%
Company Promoter(s)
- 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
- To Meet Working Capital Requirements
- General corporate purposes
- To meet Public Issue Expenses
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.
