Fone4 Communications IPO Date, GMP, Review, Price, Form & Market Lot Details

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

Fone4 Communications IPO
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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]

Fone4 Communications IPO FAQ

What is Fone4 Communications IPO?

Fone4 Communications IPO is a SME IPO. They are going to raise 6.80 Crores via IPO. The issue is priced at 10 per equity share. The IPO is to be listed on BSE.

What is price band of Fone4 Communications IPO?

Fone4 Communications IPO price band is 10 Rs Per share.

What is Fone4 Communications IPO Size?

Fone4 Communications IPO size is 6.80 crore.

When is Fone4 Communications IPO will open?

Fone4 Communications IPO will open on25 April and end on 27 April 2022.

What is Fone4 Communications IPO GMP Grey market premium?

Fone4 Communications IPO GMP Grey market premium has been started yet.

What is Fone4 Communications IPO allotment date?

Fone4 Communications IPO allotment date is 02 May 2022.

What is Fone4 Communications IPO listing date?

Fone4 Communications IPO listing date is 06 May 2022.

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