Fonebox Retail Limited IPO

Fonebox Retail Limited IPO bidding starts from January 25, 2024 and ends on January 30, 2024. The allotment for the Fonebox Retail Limited IPO is expected to be finalized on January 31, 2024. Fonebox Retail Limited IPO will list on NSE SME with tentative listing date fixed as February 2, 2024. Fonebox Retail Limited IPO price band is set at ₹66 to ₹70 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹1,40,000.

Important Dates:-

ParticularsValue
Open Date:-January 25, 2024
Close Date:-January 30, 2024
Allotment Date:-January 31, 2024
Listing Date:-February 2, 2024

About Fonebox Retail Limited :-

Fonebox Retail Limited serves as a diverse multi-brand retailer offering a range of smartphones and accessories sourced from manufacturers like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax.

Operating under the brand names Fonebook and Fonebox, the company extends its services to encompass the multi-brand retailing of consumer durables, including laptops, washing machines, smart TVs, air conditioners, refrigerators, and more. Notable brands in this category include TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus.

Fonebox Retail Limited provides credit/EMI facilities for product purchases, thanks to partnerships with major financial institutions such as Bajaj Finance, HDB Financial Service, HDFC Bank, and IDFC First Bank.

As of September 25, 2023, the company maintains a robust presence with a total of 153 stores in the state of Gujarat. Among these, 40 operate under the company-owned and company-operated retail stores ("COCO model"), while 113 follow the franchisee and company-operated model ("FOCO model"). These stores are strategically distributed across more than 20 cities in Gujarat.

As of July 31, 2023, Fonebox Retail Limited employs a dedicated workforce of 130 individuals, contributing to the company's operational efficiency and customer service.

Contact Details :-

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

Phone:- +079 46025304

E-mail:- cs@fonebox.in

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

IPO Details :-

ParticularsValue
IPO Type:-SME
Price:-₹66 to ₹70
Lot Size:-2000
Minimum Amount for 1 Lot:-1,40,000
Listing At:-NSE SME
Total issue of Shares:-29,10,000
Total issue Size:-20.37 Crore
Fresh issue of Shares:-29,10,000
Fresh issue Size:-20.37 Crore
Face Value:-10 per Equity Share

Financial Information :-

Amount in ₹ Lakh

Period Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets4,342.27 3,861.052,110.70 71.08
Revenue14,022.9819,626.099,092.339.92
Profit After Tax155.19159.8612.79-2.36
Net Worth916.72210.2660.2312.38
Reserves and Surplus190.48170.2910.43-2.36
Total Borrowing506.571,058.22 584.26

Key Performance Indicator :-

ParticularsValue
Market Cap (₹ in Crore):-71
ROE:-118.20%
ROCE:-34.55%
Debt/Equity:-5.03
RoNW:-76.15%

IPO Prospectus :-

ParticularsLink
Fonebox Retail Limited IPO DHRP:-Click Here
Fonebox Retail Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
25-01-2024120190171.43%
26-01-2024 120190171.43%
27-01-2024 120190171.43%
28-01-2024 120190171.43%
29-01-2024 130200185.71%
30-01-2024120190171.43%
31-01-2024130200185.71%
01-02-2024 130200185.71%
02-02-2024130200185.71%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
January 25, 20240.019.9325.479.939.9314.88
January 29, 20243.82143.88300.01143.88143.88182.14
January 30, 2024138.69819.99886.32819.99819.99659.42

Listing Details :-

ParticularsValue
Listing Date:-February 2, 2024
NSE Symbol :-FONEBOX
ISIN:-INE0Q4701019
Final Issue Price:-70.00
Open:-200.00
Low:-190.00
High:-210.00
Close:-210.00

Fonebox Retail Limited IPO FAQ :-

What is the opening date for Fonebox Retail Limited IPO?

The Fonebox Retail Limited IPO opens on January 25, 2024.

What is the closing date for Fonebox Retail Limited IPO?

The Fonebox Retail Limited IPO closes on January 30, 2024.

When will the shares be allotted for Fonebox Retail Limited IPO?

Shares of Fonebox Retail Limited IPO will be allotted on January 31, 2024.

What is the listing date for Fonebox Retail Limited IPO?

The listing date for Fonebox Retail Limited IPO is February 2, 2024.

What is the price/ price range for Fonebox Retail Limited IPO?

The price/ price range for Fonebox Retail Limited IPO is ₹66 to ₹70.

What is the minimum lot size for the Fonebox Retail Limited IPO?

The minimum lot size for Fonebox Retail Limited IPO is 2000 shares.

What is the minimum investment required for retail investors in the Fonebox Retail Limited IPO?

The minimum investment required for retail investors in the Fonebox Retail Limited IPO is ₹1,40,000.

What type of IPO is the Fonebox Retail Limited IPO?

The type of Fonebox Retail Limited IPO is SME.

What is the total issue size of the Fonebox Retail Limited IPO?

The total issue size of Fonebox Retail Limited IPO is ₹20.37 Crore.

How many shares are being offered in the Fonebox Retail Limited IPO?

Total 29,10,000 shares are being offered in the Fonebox Retail Limited IPO.

What is the face value of Fonebox Retail Limited IPO share?

The face value of Fonebox Retail Limited IPO share is ₹10.

What is the market capitalization of the Fonebox Retail Limited IPO?

The market capitalization of the Fonebox Retail Limited IPO is ₹71.82 Crore.

Who is the registrar for the Fonebox Retail Limited IPO?

The registrar for the Fonebox Retail Limited IPO is .

Where can I check the IPO Allotment status for Fonebox Retail Limited IPO?

You can check the IPO Allotment status for Fonebox Retail Limited IPO at .

What is the email address and website of Fonebox Retail Limited IPO?

The email address of Fonebox Retail Limited IPO is cs@fonebox.in and website is http://www.fonebook.in/.

What is the Fonebox Retail Limited IPO GMP (Grey Market Premium) as of 02-02-2024?

The latest GMP for Fonebox Retail Limited IPO is ₹130 as of 02-02-2024.