Fone4 Communications (India) Limited IPO (Fone4 Communications IPO) Detail

Apr 25, 2022 - Apr 27, 2022

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:

  1. Strategic location and facilities.
  2. Wide distribution and marketing network.
  3. Diversified products portfolio and innovation.

Fone4 Communications IPO Details

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 Size6,800,000 shares
(aggregating up to ₹6.80 Cr)
Fresh Issue6,800,000 shares
(aggregating up to ₹6.80 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Fone4 Communications IPO Reservation

Other Shares Offered3,230,000 (50.00%)
Retail Shares Offered3,230,000 (50.00%)
Market Maker portion340,000 shares
Total Shares Offered6,460,000

Fone4 Communications IPO Tentative Timetable

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

Fone4 Communications IPO Lot Size

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

Fone4 Communications IPO Promoter Holding

Mr. Sayyed Hamid and Mrs Roudha Zerlina are the company promoters.

Pre Issue Share Holding 95.12%
Post Issue Share Holding 57.18%

Fone4 Communications IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)

Company Financials

Summary of financial Information (Restated)
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

Fone4 Communications IPO Key Performance Indicator

KPI Values
P/E (x)142.86

Fone4 Communications IPO Review (Avoid)

[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...

Objects of the Issue

The Objects of the Issue are:

  1. To meet the working capital requirements of the company.
  2. To meet the Issue Expenses.
  3. General Corporate Purposes.

Fone4 Communications IPO Prospectus

Fone4 Communications IPO Rating

Rating:Rated 3.9 stars
Vote Here ...

Fone4 Communications IPO Listing Details

Listing Date May 6, 2022
BSE Script Code 543521
NSE Symbol
Final Issue Price ₹10 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

Company Contact Information

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/

Fone4 Communications IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/

Fone4 Communications IPO Analysis

Fone4 Communications IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 2 2 0

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SME IPO Enquiry

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Fone4 Communications IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Fone4 Communications IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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.

The Fone4 Communications IPO listing date is on May 6, 2022.
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Fone4 Communications IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members



105. Takamichi |   Link |May 30, 2022 6:49:57 PM
IPO Mentor IPO Mentor (700+ Posts, 600+ Likes)
Any update on results?
104. ultrasnow |   Link |May 28, 2022 3:08:16 PM
IPO Mentor IPO Mentor (500+ Posts, 900+ Likes)
Applied here even though financials didn´t look great, now thanking my stars I wasn´t allotted
103. Takamichi |   Link |May 28, 2022 10:27:05 AM
IPO Mentor IPO Mentor (700+ Posts, 600+ Likes)
How long will it take to touch the IPO value?
102. arunARUN |   Link |May 22, 2022 5:14:42 PM
IPO Guru IPO Guru (1600+ Posts, 1400+ Likes)
Fairly bold to close issue on day of monthly settlement. It is high risk to early applicants if they do UPI approval early
101. ipobull |   Link |May 19, 2022 10:12:48 AM
IPO Mentor IPO Mentor (900+ Posts, 1000+ Likes)
I think if the Govt. had not given any discount to policy holders and retail, people would not have invested and would not be burning their fingers today in LIC. The discount offered by govt. has actually lured small retail people and sucked them in.
101.1. NIL J |   Link |May 20, 2022 7:48:12 PM
100. 🎯 Big Bull 🎯 |   Link |May 14, 2022 7:19:57 PM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Experts Please share latest GMPs...

Thank u
100.1. antarix |   Link |May 15, 2022 4:09:54 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Why copy paste same message everywhere?
100.2. True IPO Lover |   Link |May 16, 2022 5:44:36 PM
@Big Bull, are you alright?
99. Jashpal |   Link |May 12, 2022 11:15:04 AM
@lokesh and other mentor please suggest what to do in fone4? I new in sme.can I book loss or hold?
99.1. Stockoholic• |   Link |May 12, 2022 6:03:46 PM
IPO Mentor IPO Mentor (700+ Posts, 1000+ Likes)
We will have to exit this at loss, just waiting for an opportunity to minimise it..
98. GJ 😀 |   Link |May 11, 2022 12:19:03 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Most of the SMEs and Mainline are down today, noticed a few,

Shigan -10% (holding 1 lot)
Jeena Sikho -7% (holding 3 lots)
Paytm again near 500 rs
Zomato 50 rs

What is happening?
98.2. antarix |   Link |May 11, 2022 4:33:22 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Just bought Canara Bank shares today and this gave me some consolation. This ended in green.
98.3. krupa |   Link |May 11, 2022 11:24:37 PM
IPO Mentor IPO Mentor (800+ Posts, 500+ Likes)
Not only you
Almost sab ke portfolio red hi honge
Lic ke ipo ke listing tak selling pressure hi rahega
97. IPO HJK |   Link |May 9, 2022 6:10:23 PM

Respected all experts of this forum are kindly requested to share their view.
Holding a single lot of 10k,
Should hold or exit ?

97.2. antarix |   Link |May 11, 2022 4:31:41 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Single lot of 10k? Or is it 100k?
97.3. IPO HJK |   Link |May 11, 2022 6:36:34 PM
1 lot, 10000 shares
96. 🎯 Big Bull 🎯 |   Link |May 9, 2022 8:20:21 PM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
IPO Subscription


Issue Closed

QIB : - 02.83 ×
HNI : - 02.91 ×
RETAIL : - 01.99 ×
Emp : - 04.40 ×
Policy Holder : - 06.11 ×
TOTAL : - 02.95 ×
APPLICATION : - 7337575
95. i For IPO ☑️ |   Link |May 9, 2022 6:26:37 PM
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
exited with loss

only 3 lot volume

sold today

9700 loss
94. R.kapoor |   Link |May 7, 2022 10:41:25 AM
@lokesh sir and @ Ravi sir
Plz suggest for FONE4 If I hold my share, what was d possibilities to move upward...N next level..🙏
94.1. Nikhil IPO Investor |   Link |May 9, 2022 8:12:57 AM
I am also holding shares of Fone4 and i receiveid mail from ICICI direct on 2 Bulk deals 1 by KWIK RIDE India private LTD of 1.25Cr and another by some individual of 0.1Cr ... Hope there are few more such deals and possibly we can see the stock going above issue price after this consolidation in few days from now... so i am trying to hold on for now...lets c....
93. IPOANALYSIS |   Link |May 6, 2022 12:16:39 AM
Expect flat listing around 10 rs . Anyway best of luck to allotees .
93.15. Shardul |   Link |May 6, 2022 4:39:38 PM
Exactly…. Most people askes for the recommendation of @IPOANALYSIS not sundeep sharma 🤣

Atleast stop trolling people who are doing great work to help others without any expectations.

There can be a several experts in each fields, but it’s your choice to follow them or not. If you don’t agree with their recommendations, simply don’t follow them.

Keep going @IPOANAYLYSIS, we are with you.
93.16. Pigeon |   Link |May 6, 2022 6:29:52 PM
@sundeep sharma.. Pls check the year @IPOANALYSIS joined in this forum.. He is a long timer and has all the rights to share his opinion. @IPOANALYSIS, @lokes are really assets/gems to us. Let them share their views. Be mature to take/ignore..
92. Mas |   Link |May 6, 2022 1:09:56 PM
Only 50000/- sellers. God knows when these sellers turn into buyers
92.1. Nikhil IPO Investor |   Link |May 9, 2022 8:13:33 AM
91. lokes |   Link |May 6, 2022 9:54:31 AM
IPO Guru IPO Guru (3800+ Posts, 4300+ Likes)
Sold my 1 lot in preopen, didn't want to take any risk after seeing such listing and such market conditions....
Let's hope Monday market recovers to some extent and le merit and campus can list good....
91.4. Nikhil IPO Investor |   Link |May 6, 2022 10:56:08 AM
@Lokes.. i placed an order @ 11 at around 9:26am... and then due to some issue my order was not getting modified in ICICI Direct as even i was ready for some minimal loss in this...How do you typically trade in pre open?
91.5. Bhav |   Link |May 6, 2022 11:25:35 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@ lokes bhai

I also sold in preopen, like you did not want to take risk. Paid brokerage.

Khai piya kuch nahi , glass toda barana...
90. Amit Jaipur |   Link |May 6, 2022 11:04:32 AM
IPO Guru IPO Guru (1100+ Posts, 1200+ Likes)
1 lot atak gaya bhai.
90.1. AAA JAI |   Link |May 9, 2022 10:44:11 AM
@AmitJaipur Kya Kare experts?
1 lot atak gaya bhai.
90.2. antarix |   Link |May 11, 2022 4:34:55 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
mauka milte hi nikal lena. Situation will improve but not soon.
89. i For IPO ☑️ |   Link |May 6, 2022 10:15:55 AM
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
6800000 lakhs 680 lots

1600000 lakhs 160 lots

Traded till now
88. Amit Jaipur |   Link |May 6, 2022 10:09:51 AM
IPO Guru IPO Guru (1100+ Posts, 1200+ Likes)
Sold 2 lots at 9.99.
87. Amit Jaipur |   Link |May 6, 2022 9:51:08 AM
IPO Guru IPO Guru (1100+ Posts, 1200+ Likes)
Very poor listing.
86. i For IPO ☑️ |   Link |May 6, 2022 9:35:21 AM
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
Heading towards flat listing