Fone4 Communications IPO subscription is to open on 25 April and will close on 27 April 2022, Check the Fone4 Communications Subscription Status & Allotment Status.
- About Fone4 Communications
- Important Details – Fone4 Communications
- Objects of the Issue
- Fone4 Communications Limited Financials:
- Fone4 IPO Price – Details
- Fone4 IPO DRHP & RHP
- Fone4 IPO Lot Size
- Fone4 IPO Lead Managers
- Fone4 Communications IPO Registrar
- Fone4 IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered & Corporate office Office
- Company Promoters
- Fone4 Communications IPO – FAQS
About Fone4 Communications
Fone4 Communications (India) Limited – An online E-commerce Electronics outfit commenced its business in the year 2014 promoted by its visionary promoter Mr. Sayyed Hamid and 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.
The 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 on the likes of Apple, Samsung, Oppo, Vivo, Xiaomi, Nokia, Redmi, Techno, Karbonn, One Plus, Dell, Lenovo, Asus, HP, Acer, Avita, TCL, LG, Sansui 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 showrooms spread at: (Calicut (02), Cochin (06), Kollam (02), Kottayam (02), Malappuram (01), Palakkad (07), Thrissur (02), Trivandrum (03)).
Important Details – Fone4 Communications
| Date | Details |
|---|---|
| May 8, 2014 | The company was originally incorporated as “Fone4 Communications (India) Private Limited” |
| March 9, 2022 | The company was converted into Public Limited Company, consequent upon conversion from Private Limited to Public Company in the name of “Fone4 Communications (India) Limited”. |
Objects of the Issue
- To meet the working capital requirements of the company
- To meet the Issue Expenses
- General Corporate Purposes
Fone4 Communications Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | |||
|---|---|---|---|---|
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,128.06 | 4,927.98 | 16,577.39 | 14,225.44 |
| Total income | 4,212.56 | 6,380.25 | 5,752.19 | 15,242.89 |
| Total Expenses | 4,085.31 | 6,111.91 | 5,607.76 | 15,010.49 |
| Profit After Tax | 8.64 | -10.00 | -97.78 | -155.34 |
Fone4 IPO Price – Details
| Description | FONE4 IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 68,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 680 lakhs) |
| Issue Open Date | 25-Apr-22 |
| Issue Close Date | 27-Apr-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 10 |
| Face Value | ₹ 10 |
| Market Lot | 10000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 10000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | FONE4 |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Fone4 IPO DRHP & RHP
Fone4 IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 10000 | ₹ 1,00,000 |
| Maximum | 2 | 20000 | ₹ 2,00,000 |
Fone4 IPO Lead Managers
- Finshore Management Services Limited
Fone4 Communications IPO Registrar
- Cameo Corporate Services Ltd
Fone4 IPO Allotment Date, Listing Date and other Important Dates
| Details | Important Dates |
|---|---|
| Bid / Offer Opens on | 25-Apr-22 |
| Bid / Offer Closes on | 27-Apr-22 |
| Finalisation of Basis of Allotment | 02-May-22 |
| Initiation of refunds | 04-May-22 |
| Credit of the Equity Shares | 05-May-22 |
| Listing Date | 06-May-22 |
Company Peers – Comparison of Accounting Ratios
- The company does not have any listed peers which are comparable in terms of business.
Company Registered & Corporate office Office
1st Floor, 45/692-B,
Ashna Arcade, Vylopilly Road,
Thammanam Ernakulam 682032,
Kerala, India
Website: www.fone4.in
Company Promoters
- Mr. Sayyed Hamid
- Mrs Roudha Zerlina
Fone4 Communications IPO – FAQS
What is the Fone4 Communications IPO Price?
The Fone4 IPO price band is 10 per share
When Fone4 Communications IPO will open?
The Fone4 IPO opens on Apr 25, 2022 and closes on Apr 27, 2022
What is the lot size of Fone4 Communications IPO?
The Fone4 Communications IPO lot size is 10000 Equity Shares and the minimum order quantity is 10000 Equity Shares
Who is the Registrar for Fone4 Communications IPO?
The Registrar for Fone4 Communications IPO is Cameo Corporate Services Ltd
How to apply for Fone4 Communications IPO through UPI?
Check the step by step process here – Click here
How to apply for Fone4 Communications IPO through Zerodha?
Check the step by step process here – Click here
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