Fone4 Communications IPO description – Headquartered in Cochin, Kerala, Fone4 Communications is a retailer of household electronic gadgets and accessories like smart phones, laptops, smart televisions. The company commenced its business in the year 2014 and currently operates 25 stores in Kerala.
The company also has online presence through www.fone4.in, wherein customers can buy their desired products through online e-commerce with attractive offers, particularly during festivals and other occasions.
The company’s retail and e-commerce segments contributes 95% and 5% respectively of our revenue from operations as on 31 March 2021 and 93.50% and 6.50% respectively as on 30 September 2021. It sells a wide range of goods offering premium, mid-range and budget-friendly options in every category.
The company has a wide range of offerings through online as well as offline platforms and offers popular brands such as Apple, Samsung, Oppo, Vivo, Xiaomi, Nokia, Redmi, Techno, Karbonn, One Plus, Dell, Lenovo, Asus, HP, Acer, Avita, TCL, LG, Sansui etc.
Fone4 Communications’ plan is to make 100 stores operational in Kerala by the end
of 2023 by opening retail stores in Tier 2 and Tier 3 towns. This will enable it to grab a 10% market share in the state.
Promoters of Fone4 Communications: Mr Sayyed Hamid and Mrs Roudha Zerlina
Fone4 Communications IPO Details
| Subscription Dates | 25 – 27 April 2022 |
| Price Band | INR10 per share |
| Fresh issue | 68,00,000 shares (INR6.8 crore) |
| Offer For Sale | Nil |
| Total IPO size | 68,00,000 shares (INR6.8 crore) |
| Minimum bid (lot size) | 10,000 equity shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE |
Fone4 Communications Financial Performance
| Â | FY2019 | FY2020 | FY2021 | 9M FY2022 |
| Revenue | 152.43 | 57.52 | 63.80 | 42.13 |
| Expenses | 150.10 | 56.08 | 61.12 | 40.85 |
| Net income | (1.55) | (0.98) | (0.10) | 0.09 |
Fone4 Communications Offer News
Fone4 Communications Offer Valuation (as of FY2021)
Earnings Per Share (EPS): INR(0.57)
Pre-IPO Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): NA
Net Asset Value (NAV): NA
Fone4 Communications IPO GMP Daily Trend
| Date | Fone4 Communications IPO GMP | Kostak | Subject to Sauda |
| 4 May 2022 | – | – | INR8,000 |
| 2 May 2022 | – | – | INR8,000 |
| 30 Apr 2022 | – | – | INR8,000 |
| 29 Apr 2022 | – | – | INR8,000 |
| 28 Apr 2022 | – | – | INR8,000 |
| 27 Apr 2022 | – | – | INR8,000 |
| 26 Apr 2022 | – | – | INR10,000 |
| 25 Apr 2022 | – | – | INR8,000 |
| 23 Apr 2022 | – | – | INR8,000 |
| 22 Apr 2022 | – | – | INR8,000 |
Fone4 Communications IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 34,00,000 | 34,00,000 | 68,00,000 |
| Day 1 | 1.13 | 1.26 | 1.20 |
| Day 2 | 1.23 | 6.91 | 4.07 |
| Day 3 | 7.06 | 20.97 | 14.02 |
Fone4 Communications Offer Registrar
Cameo Corporate Services Limited
Subramanian Building,
#1, Club House Road,
Chennai – 600 002, India
Phone:Â +91-44-40020700, 28460390
Email:Â [email protected]
Website:Â www.cameoindia.com
Fone4 Communications IPO Contact Details
Fone4 Communications India Limited
1st Floor, 45/692-B, Ashna Arcade,
Vylopilly Road, Thammanam
Ernakulam 682032, Kerala, India
Phone: +91 8606 777 777
Email: [email protected]
Website: www.fone5.in
Fone4 Communications IPO Allotment Status
Fone4 Communications IPO allotment is now available on Cameo Corporate Services’ website. Click on this link to get allotment status.
Fone4 Communications IPO Timetable
| IPO Opening Date | 25 April 2022 |
| IPO Closing Date | 27 April 2022 |
| Finalisation of Basis of Allotment | 2 May 2022 |
| Initiation of refunds | 4 May 2022 |
| Transfer of shares to demat accounts | 5 May 2022 |
| Listing Date | 6 May 2022 |
| Opening Price on BSE | INR10 per share (no change from IPO price) |
| Closing Price on BSE | INR9.5 per share (down 5% from IPO price) |
Fone4 Communications IPO FAQs
What isLe Fone4 Communications offer size?
Fone4 Communications offer size is INR6.8 crore.
What is Fone4 Communications IPO Price Band?
Fone4 Communications public offer price is INR10 per share.
What is the lot size of Fone4 Communications IPO?
Fone4 Communications offer lot size is 10,000 shares.
What is Fone4 Communications IPO GMP today?
Fone4 Communications IPO GMP today is NA per share.
What is Fone4 Communications kostak rate today?
Fone4 Communications IPO kostak rate today is NA per application.
What is Fone4 Communications Subject to Sauda rate today?
Fone4 Communications Subject to Sauda rate today is INR8,000 per application.
