Fone4 Communications IPO, GMP, Review, Price, Allotment

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Fone4 IPO GMP

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 Dates25 – 27 April 2022
Price BandINR10 per share
Fresh issue68,00,000 shares (INR6.8 crore)
Offer For SaleNil
Total IPO size68,00,000 shares (INR6.8 crore)
Minimum bid (lot size)10,000 equity shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE

Fone4 Communications Financial Performance

 FY2019FY2020FY20219M FY2022
Revenue152.4357.5263.8042.13
Expenses150.1056.0861.1240.85
Net income(1.55)(0.98)(0.10)0.09
Figures in INR Crores unless specified otherwise

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

DateFone4 Communications IPO GMPKostakSubject to Sauda
4 May 2022 INR8,000
2 May 2022 INR8,000
30 Apr 2022INR8,000
29 Apr 2022 INR8,000
28 Apr 2022INR8,000
27 Apr 2022INR8,000
26 Apr 2022INR10,000
25 Apr 2022INR8,000
23 Apr 2022INR8,000
22 Apr 2022INR8,000

Fone4 Communications IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered 34,00,000 34,00,00068,00,000
Day 11.131.261.20
Day 21.236.914.07
Day 37.0620.9714.02
Subscription figures in number of times, at 5 PM

Fone4 Communications Offer Registrar

Cameo Corporate Services Limited
Subramanian Building,
#1, Club House Road,
Chennai – 600 002, India
Phone: +91-44-40020700, 28460390
Email: [email protected]
Website: 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 Date25 April 2022
IPO Closing Date27 April 2022
Finalisation of Basis of Allotment2 May 2022
Initiation of refunds4 May 2022
Transfer of shares to demat accounts5 May 2022
Listing Date6 May 2022
Opening Price on BSEINR10 per share (no change from IPO price)
Closing Price on BSEINR9.5 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.

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