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Incorporated in 2014, Fone4 Communications (India) Limited is an online Electronic E-Commerce company. The company distributes a wide range of products online and offline such as electronic gadgets and accessories for Smart Phones, Laptops, Smart Television, etc. 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. Fone4 Communications is located in Kerela.
Fone4 Communications has 25 Showrooms with the brand name 'FONE4' in all major cities of Kerala including Calicut, Cochin, Kollam, Kottayam, Malappuram, Palakkad, Thrissur, among others. The company's warehouse is located in Kochi, Kerela.
Competitive Strengths:
| IPO Date | Apr 25, 2022 to Apr 27, 2022 |
| Listing Date | May 6, 2022 |
| Face Value | ₹10 per share |
| Price | ₹10 per share |
| Lot Size | 10000 Shares |
| Total Issue Size | 6,800,000 shares (aggregating up to ₹6.80 Cr) |
| Fresh Issue | 6,800,000 shares (aggregating up to ₹6.80 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Other Shares Offered | 3,230,000 (50.00%) |
| Retail Shares Offered | 3,230,000 (50.00%) |
| Market Maker portion | 340,000 shares |
| Total Shares Offered | 6,460,000 |
Fone4 Communications IPO opens on Apr 25, 2022, and closes on Apr 27, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Apr 25, 2022 |
| Closing Date | Apr 27, 2022 |
| Basis of Allotment | May 2, 2022 |
| Initiation of Refunds | May 4, 2022 |
| Credit of Shares to Demat | May 5, 2022 |
| Listing Date | May 6, 2022 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Fone4 Communications IPO lot size is 10000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹100,000 |
| Retail (Max) | 2 | 20000 | ₹200,000 |
| Lot Size Calculator | |||
Mr. Sayyed Hamid and Mrs Roudha Zerlina are the company promoters.
| Pre Issue Share Holding | 95.12% |
| Post Issue Share Holding | 57.18% |
The Fone4 Communications IPO is subscribed 14.75 times on Apr 27, 2022 7:51:00 PM. The public issue subscribed 22.07 times in the retail category, times in the QIB category, and 7.43 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 7.43 |
| Retail | 22.07 |
| Total | 14.75 |
| Particulars | For the year/period ended (Rs in Lakhs) | ||||
|---|---|---|---|---|---|
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | ||
| Total Assets | 3162.46 | 4927.98 | 16577.39 | 14225.44 | |
| Total Revenue | 2626.86 | 6380.25 | 5752.19 | 15242.89 | |
| Profit After Tax | -2.24 | -10.00 | -97.78 | -155.34 | |
| KPI | Values |
|---|---|
| P/E (x) | 142.86 |
[Dilip Davda] The company has posted inconsistency in its top line with losses for fiscals 2019, 2020 and 2021. It has earned minuscule profits for 9M of FY22 and still has huge carried forward losses. Though the issue is at par value, there is no harm in skipping it as it has a negative P/E based on FY21 earnings and 143 P/E based on FY22 annualized working. Read detail review...
The Objects of the Issue are:
| Listing Date | May 6, 2022 |
| BSE Script Code | 543521 |
| NSE Symbol | |
| ISIN | INE0L3H01014 |
| Final Issue Price | ₹10 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹10.00 |
| ₹10.00 |
| ₹9.50 |
| ₹10.00 |
| ₹9.50 |
Fone4 Communications (India) Limited
1st Floor, 45/692-B,
Ashna Arcade, Vylopilly Road,
Thammanam Ernakulam 682032,
Phone: +91 8606 777 777
Email: cs@fone4.in
Website: https://www.fone4.in/
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Fone4 Communications IPO is a SME IPO of 6,800,000 equity shares of the face value of ₹10 aggregating up to ₹6.80 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.
The IPO opens on Apr 25, 2022, and closes on Apr 27, 2022.
Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Fone4 Communications IPO using UPI as a payment gateway. Zerodha customers can apply in Fone4 Communications IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Fone4 Communications IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Fone4 Communications IPO opens on Apr 25, 2022 and closes on Apr 27, 2022.
Fone4 Communications IPO lot size is 10000 Shares and the minimum order quantity is .
You can apply in Fone4 Communications IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Fone4 Communications IPO will be done on May 2, 2022, and the allotted shares will be credited to your demat account by May 5, 2022. Check the Fone4 Communications IPO allotment status.
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