Fonebox Retail IPO Details ( Fonebox Retail Limited IPO Review )
(25 Jan 2024 – 30 Jan 2024)
Fonebox Retail Limited is your go-to destination for a variety of smartphones and accessories, featuring popular brands like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax.
Operating under two brand names, Fonebook and Fonebox, we not only specialize in smartphones but also offer a wide range of consumer durables. Our selection includes laptops, washing machines, smart TVs, air conditioners, refrigerators, and more, featuring trusted brands such as TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus.
To make your shopping experience even better, we provide convenient credit/EMI facilities. We’ve partnered with leading financial institutions like Bajaj Finance, HDB Financial Service, HDFC Bank, and IDFC First Bank to offer flexible payment options.
As of September 25, 2023, we’re proud to have a total of 153 stores in Gujarat. Among these, 40 follow the company-owned and company-operated retail stores (COCO model), while 113 operate under the franchisee and company-operated model (FOCO model) in over 20 cities across the state.
Our dedicated team, consisting of 130 employees as of July 31, 2023, is committed to providing you with the best shopping experience and customer service.
Fonebox Retail Limited IPO Competitive Strength
- Experienced Promoters and Management Team
- Widespread distribution network
- Wide range of Products
- Strategic location and facilities
Fonebox Retail IPO Financials Performance ( Results )
Fonebox Retail Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 71.08 | 9.92 | -2.36 | -0.04 | 12.38 | -2.36 | |
| 31-Mar-22 | 2,110.70 | 9,092.33 | 12.79 | 0.19 | 60.23 | 10.43 | 584.26 |
| 31-Mar-23 | 3,861.05 | 19,626.09 | 159.86 | 2.35 | 210.26 | 170.29 | 1,058.22 |
| 30-Sep-23 | 4,342.27 | 14,022.98 | 155.19 | 916.72 | 190.48 | 506.57 |
Objective of Fonebox Retail IPO Issue
- To Meet Working Capital Requirements
- General corporate purposes
- To meet Public Issue Expenses
Fonebox Retail IPO Basic Details
| IPO Date | Jan 25, 2024 to Jan 30, 2024 |
| Listing Date | Friday, February 2, 2024 |
| Face Value | ₹10 per share |
| Price | ₹66 to ₹70 per share |
| Lot Size | 2000 Shares |
| Issue Size | 2,910,000 shares (aggregating up to ₹20.37 Cr) |
| Fresh Issue | 2,910,000 shares (aggregating up to ₹20.37 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,350,000 |
| Share holding post issue | 10,260,000 |
| Company Promoters | Mr. Manishbhai Girishbhai Patel, Mr. Jigar Lallubhai Desai, Mr. Parth Lallubhai Desai, Mr. Jigneshkumar Dashrathlal Parekh and Mr. Amitkumar Gopalbhai Patel |
Fonebox Retail IPO Reservation
| Anchor Investor Shares Offered | 28.38% of the Net Issue |
| Market Maker Shares Offered | 5.02% of the Net Issue |
| QIB Shares Offered | 19.11% of the Net Issue |
| NII (HNI) Shares Offered | 33.24% of the Net Issue |
| Retail Shares Offered | 14.25% of the Net Issue |
Fonebox Retail IPO Timetable
Fonebox Retail IPO will open on January 25, 2024 and close on January 30, 2024. You can join Fonebox Retail IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 25 January 2024 (Thursday) |
| Closing Date | 30 January 2024 (Tuesday) |
| Basis of Allotment | 31 January 2024 (Wednesday) |
| Initiation of Refunds | 1 February 2024 (Thursday) |
| Credit of Shares to Demat | 1 February 2024 (Thursday) |
| Listing Date | 2 February 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 30 January 2024 |
Fonebox Retail IPO Lot Size
For retail investors in Fonebox Retail IPO, 2000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹140,000 |
| Retail (Max) | 1 | 2000 | ₹140,000 |
| S-HNI (Min) | 2 | 4000 | ₹280,000 |
Fonebox Retail IPO Promoter Holding
The company’s promoters include Mr. Manishbhai Girishbhai Patel, Mr. Jigar Lallubhai Desai, Mr. Parth Lallubhai Desai, Mr. Jigneshkumar Dashrathlal Parekh And Mr. Amitkumar Gopalbhai Patel.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 71.64% |
Fonebox Retail Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 71.82 |
| Earning Per Share (EPS) | ₹1.56 per Equity Share |
| Net Asset Value (NAV) | ₹42.05 per Equity Share |
| P/E Ratio (P/E) (x) | 32.18 |
| Post P/E Ratio (P/E) (x) | 44.93 |
| Return on Net Worth (RoNW) (%) | 76.15 |
| Return on equity (ROE) (%) | 118.20 |
| Return on Capital Employed (ROCE) (%) | 34.55 |
| Debt/Equity Ratio | Coming Soon |
| Price/Book Value Ratio | 1.66 |
Fonebox Retail IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹120 | – | – |
| 31 January 2024 | ₹120 | – | – |
| 30 January 2024 | ₹120 | – | – |
| 29 January 2024 | ₹120 | – | – |
| 28 January 2024 | ₹120 | – | – |
| 27 January 2024 | ₹120 | – | – |
| 26 January 2024 | ₹120 | – | – |
| 25 January 2024 | ₹100 | – | – |
| 24 January 2024 | ₹95 | – | – |
| 23 January 2024 | ₹90 | – | – |
Fonebox Retail IPO Detail Video:
Fonebox Retail IPO Subscription Status (Bidding Detail)
The Fonebox Retail IPO on January 30, 2024 at 7:30:00 PM was subscribed 659.42 times, with the retail category being subscribed 886.32 times, the NII (Non-Institutional Investor) category being subscribed 819.99 times, QIB (Qualified-Institutional Buyers) category being subscribed 138.69 times.
| Category | Subscription |
| QIB | 138.69x |
| NII | 819.99x |
| Retail | 886.32x |
| Total | 659.42x |
Fonebox Retail IPO Prospectus
| Fonebox Retail IPO DRHP | Download |
| Fonebox Retail IPO RHP | Download |
| Fonebox Retail IPO Anchor Investors Details PDF | Download |
Fonebox Retail IPO Rating
| Our Rating | 4.0/5.0 |
Fonebox Retail Company Contact Information
Fonebox Retail Limited
Registered Office: 702/703, 7th Floor, Satyam 64, Opp. Gujarat High Court, S G Road, Ahmedabad- 380061, Gujarat, India.
Website: www.fonebook.in
E-Mail: cs@fonebox.in
Telephone No: 079 46025304
Company Secretary and Compliance Officer: Mrs. Charmi Vansh Shah
Promoters of Our Company Mr. Manishbhai Girishbhai Patel, Mr. Jigar Lallubhai Desai, Mr. Parth Lallubhai Desai, Mr. Jigneshkumar Dashrathlal Parekh and Mr. Amitkumar Gopalbhai Patel
Fonebox Retail IPO Registrar
Link Intime India Private Limited
SEBI Registration Number: INR000000221
Address: Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad – 500 032, Telangana, India.
Tel. Number: +91 40 6716 2222
Toll Free No: 1800 309 4001
Email Id: foneboxretail.ipo@kfintech.com
Investors Grievance Id: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: Mr. M Murali Krishna
CIN: L72400TG2017PLC117649
Fonebox Retail IPO Lead Manager
Beeline Capital Advisors Private Limited
SEBI Registration Number: INM000012917
Address: B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath Rangoli Road, Thaltej,
Ahmedabad- 380054, Gujarat, India.
Telephone Number: 079 4918 5784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
CIN: U67190GJ2020PTC114322
Fonebox Retail IPO FAQs
What is the lot size of Fonebox Retail IPO?
The total size of Fonebox Retail IPO is ₹20.37 crores and this is a complete fresh Issue.
When will Fonebox Retail IPO start?
Fonebox Retail IPO will open from 25 January 2024 and IPO will close on 30 January 2024.
What is the open date of Fonebox Retail IPO?
Fonebox Retail IPO will open date from 25 January 2024.
What is the last date ( close date ) of Fonebox Retail IPO?
Fonebox Retail IPO will close from 30 January 2024.
What is the price band of Fonebox Retail IPO?
Fonebox Retail IPO price band is ₹66 to ₹70. ( Upper Price Band: ₹70, Lower Price Band: ₹66 )
What is the minimum amount required to apply for Fonebox Retail IPO?
The minimum investment for retailers to apply for Fonebox Retail IPO is ₹140,000 and the maximum investment is ₹140,000.
What is going on gray market premium of Fonebox Retail IPO?
View gray market premium of Fonebox Retail IPO by Clicking Here
How much is the GMP of Fonebox Retail IPO?
Watch Fonebox Retail IPO GMP Today: Click Here
What is the allotment date of Fonebox Retail IPO?
The allotment date of Fonebox Retail IPO is 31 January 2024.
How to check allotment status in Fonebox Retail IPO?
To check the allotment status of Fonebox Retail IPO, first of all go to the registrar website by clicking here, select your bad Fonebox Retail IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Fonebox Retail IPO?
The listing date of Fonebox Retail IPO is 2 February 2024.
How much will be the listing gain in Fonebox Retail IPO?
View listing gain of Fonebox Retail IPO by Clicking Here
How much time Fonebox Retail IPO is subscribed?
Total 659.42 times subscribed in Fonebox Retail IPO out of which 886.32 times subscription was done in retail quota, 819.99 times subscription in NII quota and 138.69 times subscription in QIB quota.
How to apply for Fonebox Retail IPO from Upstox?
Click Here to see how to apply for Fonebox Retail IPO from Upstox. (step by step)
How to apply for Fonebox Retail PO from Zerodha?
Click Here to see how to apply for Fonebox Retail IPO from Zerodha. (step by step)
How to apply for Fonebox Retail IPO from Angle One?
Click Here to see how to apply for Fonebox Retail IPO from Angle One. (step by step)
