Fone4 Communications (India) Limited is established in 2014.
Fone4 Communications is an online E-commerce Electronics outfit commenced the headquartered at Cochin, Kerala. Inspired by the growth in the Online E-Commerce segment particularly for electronics and electricals gadgets,the Company developed a robust Technological Platform www.fone4.in, wherein customers could buy their desired products through online E-Commerce with attractive offers and more particularly during festive and other seasons. Our company has a wide range of offerings through both online as well as offline platform for electronic gadgets and accessories for Smart Phones, Laptops, Smart Television etc.
The Company to boost the online E-commerce sales in the State of Kerala, gradually started opening up retail stores at strategic locations and presently the company has 25 own showrooms spread at (Calicut (02), Cochin (06), Kollam (02), Kottayam (02), Malappuram (01), Palakkad (07), Thrissur (02), Trivandrum (03)).
Whilst the retail stores are located at prominent locations to attract greater footfalls but the overall idea was to effectively deliver the products booked through online. The company has emerged as one of the most trusted online platform outfit for purchase of Electronics gadgets and accessories in the State of Kerala.
Products portfolio
The product range currently includes Smart Phones, Laptops, and Smart TVs from major manufacturers such as Apple, Samsung, Oppo, Vivo, Xiaomi, Nokia, Redmi, Techno, Karbonn, One Plus, Dell, Lenovo, Asus, HP, Acer, Avita, TCL, Xiaomi, LG, and Sansui. The company offers a wide range of products to customers under different brand names. The best selling products and brands are Samsung, Vivo, Oppo, Xiaomi which contribute approximately 79% of the company’s revenue.
Fone4 Communications IPO Promotors
1) Sayyed Hamid
2) Roudha Zerlina
Competitive Strengths
1) Strategic location and facilities
2) Wide distribution and marketing network
3) Diversified products portfolio and innovation
Fone4 Communications IPO Date, Details & Price Band
| IPO Opening Dates | 25 April 2022 |
| IPO Closing Dates | 27 April 2022 |
| Price Band | 10 Rs Per Share |
| Offer For Sale | NIL |
| Fresh issue | 6.80 Crore |
| Total IPO size | 6.80 Crore |
| Minimum bid (lot size) | 10,000 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 50% |
| Non-Institutional | 50% |
| Listing On | BSE SME |
Fone4 Communications IPO Market Lot
The Fone4 Communications IPO minimum market lot is 10000 shares With 1,00,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 10000 | 1,00,000 Rs |
| Maximum | 2 | 20000 | 2,00,000 Rs |
Financial Record of the last year (In Lakhs)
Financial Period : 30-Sep-21 (Restated Consolidated)
Total Assets : 3162.46
Total Revenue : 2626.86
Profit After Tax : (-2.24)
Basic Earnings Per Share (EPS) FY2021 : – INR
Fone4 Communications IPO GMP & Grey Market Premium
Fone4 Communications IPO GMP Grey market premium has been started today. Check Latest Fone4 Communications IPO GMP, Kostak Rates and Subject to Sauda Price here.
Fone4 Communications IPO Prospectus
| DRHP | Download |
| RHP | Download |
Fone4 Communications IPO Reviews
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Fone4 Communications IPO Allotment Date & Details
| Allotment Date | 2 May 2022 |
| Initiation of refunds | 4 May 2022 |
| Transfer of shares to Demat accounts | 5 May 2022 |
| Listing Date | 6 May 2022 |
| Check Allotment Status | Click here |
Registrar of Fone4 Communications IPO
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, #1, Club House Road,
Chennai – 600 002, India
Contact Person: Mr. R.D. Ramasamy, Director
Telephone: +91-44-40020700, 28460390
Email: [email protected]
Fone4 Communications Contact Details
1st Floor, 45/692-B, Ashna Arcade,
Vylopilly Road, Thammanam
Ernakulam 682032, Kerala, India
Email ID: [email protected]
Tel No: +91 8606 777 777
Website: www.https://www.fone4.in
Fone4 Communications IPO Lead Managers
FINSHORE MANAGEMENT SERVICES LIMITED
Anandlok Building, Block-A, 2nd Floor, Room No. 207,
227 A.J.C Bose Road, Kolkata-700020, West Bengal, India
Contact Person: Mr. S. Ramakrishna Iyengar
Telephone: 033 – 22895101
Email: [email protected]