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
- Strategic location and facilities.
- Wide distribution and marketing network.
- Diversified products portfolio and innovation.
Company Promoters
Mr. Sayyed Hamid and Mrs Roudha Zerlina are the company promoters.
Company Financials
| 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 |
Objects of the Issue
The Objects of the Issue are:
- To meet the working capital requirements of the company.
- To meet the Issue Expenses.
- General Corporate Purposes.
Fone4 Communications IPO Details
| IPO Opening Date | Apr 25, 2022 |
| IPO Closing Date | Apr 27, 2022 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹10 per equity share |
| Market Lot | 10000 Shares |
| Min Order Quantity | 10000 Shares |
| Listing At | BSE SME |
| Issue Size | 6,800,000 Eq Shares of ₹10 (aggregating up to ₹6.80 Cr) |
| Fresh Issue | 6,800,000 Eq Shares of ₹10 (aggregating up to ₹6.80 Cr) |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Fone4 Communications IPO Tentative Timetable
| IPO Open Date | Apr 25, 2022 |
| IPO Close Date | Apr 27, 2022 |
| Basis of Allotment Date | May 02, 2022 |
| Initiation of Refunds | May 04, 2022 |
| Credit of Shares to Demat Account | May 05, 2022 |
| IPO Listing Date | May 06, 2022 |
Fone4 Communications IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 10000 | ₹100,000 |
| Maximum | 2 | 20000 | ₹200,000 |
Fone4 Communications IPO Promoter Holding
| Pre Issue Share Holding | 95.12% |
| Post Issue Share Holding | 57.18% |
Fone4 Communications IPO Prospectus
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://online.cameoindia.com/ |
Fone4 Communications IPO FAQs
| When Fone4 Communications IPO will open? The Fone4 Communications IPO dates are 25 April 2022 To 27 April 2022 |
| What is the lot size of Fone4 Communications IPO ? Fone4 Communications IPO lot size and the minimum order quantity is 10000 Shares. |
| How to apply for Fone4 Communications IPO ? 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. |
| When is Fone4 Communications IPO listing date? The Fone4 Communications IPO listing date is announced. The date of Fone4 Communications IPO listing is [06 May 2022]. |
