The Fonebox Retail IPO commenced on January 25, 2024, and concluded on January 30, 2024. The allotment of shares took place on January 31, 2024, and the initiation of refunds began on February 1, 2024. The shares were credited to the demat accounts of investors on February 1, 2024. Finally, the listing of Fonebox Retail on the stock exchange occurred on February 2, 2024.
The Fonebox Retail IPO was priced at ₹66 to ₹70 per share, with a lot size of 2000 shares. The total issue size was ₹20.37 crores, comprising a fresh issue of ₹20.37 crores. The IPO was listed on the NSE SME.
Fonebox Retail IPO Basic Details
| Company Name | Fonebox Retail Limited |
| Domain of Company | Electronics Retail Store Operator |
| Fonebox Retail IPO GMP Today | ₹120 |
| Fonebox Retail IPO Listing Gain | 171.43% |
| Fonebox Retail IPO Open Date | January 25, 2024 |
| Fonebox Retail IPO Close Date | January 30, 2024 |
| Fonebox Retail IPO Allotment Date | January 31, 2024 |
| Fonebox Retail IPO Listing Date | February 2, 2024 |
| Face Value | ₹10 per share |
| Price | ₹66 to ₹70 per share |
| Lot Size | 2000 Shares |
| Issue Size | 2,910,000 shares of ₹10 (aggregating up to ₹20.37 Cr) |
| Fresh Issue | 2,910,000 shares of ₹10 (aggregating up to ₹20.37 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| 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 GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹120 | 171.43% | – | – |
| 26 January 2023 | ₹120 | 171.43% | – | – |
| 25 January 2023 | ₹120 | 171.43% | – | – |
| 24 January 2023 | ₹120 | 171.43% | – | – |
| 23 January 2023 | ₹120 | 171.43% | – | – |
Fonebox Retail Limited IPO Details:
Fonebox Retail Limited is your go-to store for a variety of smartphones and accessories. We proudly feature popular brands like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax.
Operating under the names Fonebook and Fonebox, we’re not just about phones – we also offer a range of consumer durables such as laptops, washing machines, smart TVs, air conditioners, refrigerators, and more. Our product lineup includes trusted brands like TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus.
To make shopping with us even more convenient, we provide credit and EMI options for our customers. We’ve partnered with major financial institutions like Bajaj Finance, HDB Financial Service, HDFC Bank, and IDFC First Bank to offer flexible payment solutions.
As of September 25, 2023, we’re proud to have a total of 153 stores in Gujarat, with 40 being company-owned and operated (“COCO model”) and 113 following the franchisee and company-operated model (“FOCO model”). Our presence spans across more than 20 cities in Gujarat.
As of July 31, 2023, our dedicated team comprises 130 talented individuals working to provide you with the best shopping experience.
Fonebox Retail IPO More Details Click Here
Fonebox Retail IPO FAQs
When is Fonebox Retail IPO open?
Fonebox Retail IPO will open on 25 January 2024.
When is Fonebox Retail IPO Close?
Fonebox Retail IPO will be closed on 30 January 2024.
What is Fonebox Retail IPO GMP Today?
The Fonebox Retail IPO GMP aka Grey Market Premium is ₹120.
What is Fonebox Retail IPO Kostak Rates Today?
The Fonebox Retail IPO Kostak Rate is ₹000.
What is Fonebox Retail IPO Subject to Sauda Price Today?
The Fonebox Retail IPO subject to sauda rates is ₹000.
Fonebox Retail IPO Expected Returns?
The Fonebox Retail expected return is 171.43%.
How much will be the listing gain in Fonebox Retail IPO?
Fonebox Retail IPO will get listing gain of 171.43%. (Approx.)
