Last updated on February 2, 2024
Fonebox Retail IPO description – Fonebox Retail specializes in multi-brand retail, featuring smartphones and accessories from top manufacturers like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax. The company also offers consumer durable electronics from brands such as TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus, ensuring a diverse range of innovative choices for your tech and lifestyle needs.
The company primarily functions under the brand names Fonebook and Fonebox. As of 25 September 2023, it operates a total of 153 stores across the state of Gujarat. Among these, 40 stores follow the company-owned and company-operated retail outlets (COCO Model), while 113 stores operate under the franchise-owned and company-operated retail model (FOCO Model). These outlets are strategically distributed across more than 20 cities in Gujarat.
Fonebox Retail offers credit/EMI facilities to customers for purchasing its products through strategic partnerships with major leading credit institutions such as Bajaj Finance, HDB Financial Service, HDFC Bank, and IDFC First Bank. As of 31 July 2023, Fonebox Retail employs a total of 130 individuals.
Promoters of Fonebox Retail – Mr. Manishbhai Girishbhai Patel, Mr. Jigar Lallubhai Desai, Mr. Parth Lallubhai Desai, Mr. Jigneshkumar Dashrathlal Parekh, and Mr. Amitkumar Gopalbhai Patel
Table of Contents
Fonebox Retail IPO Details
| Fonebox Retail IPO Dates | 25 – 30 January 2024 |
| Fonebox Retail Issue Price | INR 66 – 70 per share |
| Fresh issue | 2,910,000 shares (INR 19.21 – 20.37 crore) |
| Offer For Sale | NIL |
| Total IPO size | 2,910,000 shares (INR 19.21 – 20.37 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 140,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Fonebox Retail Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 0.10 | 90.91 | 195.83 | 139.76 |
| Expenses | 0.12 | 90.74 | 194.07 | 138.07 |
| Net income | (0.02) | 0.13 | 1.60 | 1.55 |
Fonebox Retail Issue News
- Fonebox Retail RHP
- Fonebox Retail Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Fonebox Retail Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.04) | 0.19 | 2.35 |
| PE ratio | – | – | 28.09 – 29.79 |
| RONW (%) | (19.10) | 21.24 | 76.15 |
| NAV | 8.25 | 12.05 | 42.05 |
| ROCE (%) | (36.99) | 17.02 | 34.55 |
| EBITDA (%) | (23.04) | 0.92 | 1.77 |
| Debt/Equity | 0.00 | 9.70 | 5.03 |
Fonebox Retail IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 1 February 2024 | 125 | – | 185,000 |
| 31 January 2024 | 125 | – | 185,000 |
| 30 January 2024 | 125 | – | 185,000 |
| 29 January 2024 | 120 | – | 180,000 |
| 27 January 2024 | 120 | – | 180,000 |
| 26 January 2024 | 120 | – | 177,500 |
| 25 January 2024 | 110 | – | 172,500 |
| 24 January 2024 | 50 | – | 78,500 |
| 23 January 2024 | 50 | – | 75,000 |
| 22 January 2024 | 50 | – | 75,000 |
| 20 January 2024 | 50 | – | 75,000 |
| 19 January 2024 | 50 | – | 75,000 |
Fonebox Retail IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 552,000 | 416,000 | 970,000 | 1,938,000 |
| 30 Jan 2024 | 139.70 | 819.30 | 882.52 | 657.37 |
| 29 Jan 2024 | 3.85 | 142.48 | 290.38 | 177.02 |
| 25 Jan 2024 | 0.01 | 9.49 | 23.26 | 13.68 |
The market maker reservation portion of 1,46,000 shares is not included in the above calculations.
Fonebox Retail IPO Allotment Status
Fonebox Retail IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Fonebox Retail IPO Dates & Listing Performance
| IPO Opening Date | 25 January 2024 |
| IPO Closing Date | 30 January 2024 |
| Finalization of Basis of Allotment | 31 January 2024 |
| Initiation of refunds | 1 February 2024 |
| Transfer of shares to demat accounts | 1 February 2024 |
| IPO Listing Date | 2 February 2024 |
| Opening Price on NSE SME | INR 200 per share (up 185.71%) |
| Closing Price on NSE SME | INR 210 per share (up 200%) |
Fonebox Retail Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor,
B-1311-1314, Near Rajpath Club, RajpathRangoli Road,
S.G. Highway, Ahmedabad, Gujarat- 380054
Phone: 079 4918 5784
Email:Â [email protected]
Website:Â www.beelinemb.com
Fonebox Retail Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â 91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Fonebox Retail Offer Contact Details
FONEBOX RETAIL LIMITED
702/703, 7th Floor, Satyam 64, Opp. Gujarat High Court,
S G Road, Ahmedabad- 380061, Gujarat, India
Phone: 079 46025304
E-mail: [email protected]
Website: www.fonebook.in
IPO FAQs
What is the Fonebox Retail Issue size?
Fonebox Retail offer size is INR 19.21 – 20.37 crores.
What is the Fonebox Retail offer price band?
Fonebox Retail public offer price is INR 66 – 70 per share.
What is the lot size of the Fonebox Retail IPO?
Fonebox Retail offers a lot size of 2,000 shares.
What is Fonebox Retail IPO GMP today?
Fonebox Retail IPO GMP today is INR 125 per share.
What is the Fonebox Retail kostak rate today?
Fonebox Retail kostak rate today is NA per application.
What is Fonebox Retail Subject to Sauda rate today?
Fonebox Retail is Subject to the Sauda rate today is INR 185,000 per application.
