Fone4 Communications (India) Limited IPO

Fone4 Communications IPO Review

Fone4 Communications (India) Limited is an online Electronic E-Commerce firm that was founded in 2014. The company sells electronic gadgets and accessories for Smart Phones, Laptops, Smart Televisions, and other devices from major manufacturers such as Apple, Samsung, Xiaomi, Nokia, Karbonn, One Plus, Dell, Lenovo, Asus, HP, Redmi, Techno, Acer, Avita, Oppo, Vivo, TCL, Xiaomi, LG, and Sansui online and offline. Kerela is the home of Fone4 Communications.

Fone4 Communications operates 25 showrooms under the brand name ‘FONE4’ in all major cities around Kerala, including Calicut, Cochin, Malappuram, Palakkad, Kollam, Kottayam and Thrissur. Kochi, Kerela, is where the company’s warehouse is located.

IPO Opening Date

Apr 25, 2022

IPO Closing Date

Apr 27, 2022

Issue Type

Fixed Price Issue IPO

Face Value

₹10 per equity share

IPO Price

₹10 per equity share

Market Lot

10000 Shares

Min Order Quantity

10000 Shares

Listing At

BSE SME

Issue Size

6,800,000 Eq Shares of ₹10

(aggregating up to ₹6.80 Cr)

Fresh Issue

6,800,000 Eq Shares of ₹10

(aggregating up to ₹6.80 Cr)

Retail Shares Offered

50% of the net offer

NII (HNI) Shares Offered

50% of the net offer

Particulars

For the year/period ended (Rs in Lakhs)

 

30-Sep-21

31-Mar-21

Total Assets

3162.46

4927.98

Total Revenue

2626.86

6380.25

Profit After Tax

-2.24

-10.00

Particulars

For the year/period ended (Rs in Lakhs)

 

31-Mar-20

31-Mar-19

Total Assets

16577.39

14225.44

Total Revenue

5752.19

15242.89

Profit After Tax

-97.78

-155.34

Listing Performance of Fone4 Communications IPO

Listed On : BSE SME

Issue Price : ₹10 per equity share

Listing Day Close :

Listing Day Gain :

NSE : NA

ISIN CODE : INE0L3H01014 

BSE : NA

IPO Open Date

Apr 25, 2022

IPO Close Date

Apr 27, 2022

Basis of Allotment Date

May 2, 2022

Initiation of Refunds

May 4, 2022

Credit of Shares to Demat Account

May 5, 2022

IPO Listing Date

May 6, 2022

1st Floor, 45/692-B,
Ashna Arcade, Vylopilly Road,
Thammanam Ernakulam 682032,
Phone: +91 8606 777 777
Email: cs@fone4.in
Website: https://www.fone4.in/

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://online.cameoindia.com/

Fone4 Communications IPO FAQ's

The Fone4 Communications IPO is a BSE SME IPO of ₹10 per equity share with a face value of 10 per equity share.
The issue size is priced at 6,800,000 Eq Shares of ₹10 (aggregating up to ₹6.80 Cr).
The fresh issue size priced at 6,800,000 Eq Shares of ₹10 (aggregating up to ₹6.80 Cr).
The initial public offering (IPO) begins on April 25, 2022 and ends on April 27, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Fone4 Communications IPO opens on April 25, 2022 and closes on April 27, 2022.

Fone4 Communications IPO Market lot size is 10000 Shares and the minimum order quantity is 10000 Shares.

The finalisation of Basis of Allotment for Fone4 Communications IPO will be done on May 2, 2022. and the allotted shares will be credited to your demat account by May 5, 2022. Check the Fone4 Communications IPO status.

The Fone4 Communications IPO listing date is on May 6, 2022.

Fone4 Communications IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Fone4 Communications IPO Comments