The Fonebox Retail IPO started on January 25, 2024, and ended on January 30, 2024. Shares were allocated on January 31, 2024, and refund processes began on February 1, 2024. On February 1, 2024, the shares were credited to investors demat accounts. Fonebox Retail was officially listed on the stock exchange on February 2, 2024.
During the IPO, Fonebox Retail offered shares at a price range of ₹66 to ₹70 per share, and the lot size was 2000 shares. The total issue size was ₹20.37 crores, with ₹20.37 crores from new shares. The IPO was listed on the NSE SME.
Fonebox Retail IPO Subscription Update Video
Fonebox Retail IPO Subscription Status
The Fonebox Retail IPO on January 25, 2023 was subscribed 14.88 times, with the retail category being subscribed 59.60 times, the NII (Non-Institutional Investor) category being subscribed 4.27 times, the QIB (Qualified-Institutional Buyers) category being subscribed 0.01 times.
| Category | Subscription |
| QIB | 0.01x |
| NII | 4.27x |
| Retail | 59.60x |
| Total | 14.88x |
Fonebox Retail IPO Basic Details
| Company Name | Fonebox Retail Limited |
| Domain of Company | Electronics Retail Store Operator |
| 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 |
About Fonebox Retail Limited
Fonebox Retail Limited is your go-to destination for a wide range of smartphones and accessories. We proudly feature popular brands like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax.
You’ll find us operating under two brand names: Fonebook and Fonebox.
But that’s not all—we’re not just about smartphones. We also offer a diverse selection of consumer durables, including laptops, washing machines, smart TVs, air conditioners, refrigerators, and more. Our collection includes trusted brands such as TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus.
At Fonebox Retail, we understand that flexibility matters. That’s why we provide credit and EMI facilities for your convenience. We’ve partnered with major financial institutions like Bajaj Finance, HDB Financial Service, HDFC Bank, and IDFC First Bank to make your shopping experience smoother.
As of September 25, 2023, we proudly operate a total of 153 stores across the state of Gujarat. Among these, 40 are our company-owned and operated retail stores, following the “COCO model,” while 113 operate under the franchisee and company-operated model, the “FOCO model.” Our stores are spread across more than 20 cities in Gujarat, bringing our products closer to you.
And as of July 31, 2023, our dedicated team consists of 130 individuals, all working together to provide you with the best shopping experience possible.
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Fonebox Retail IPO FAQs
What is the start and end date of Fonebox Retail IPO Subscription?
The Fonebox Retail IPO started on January 25, 2024 and ended on January 30, 2024.
When does Fonebox Retail IPO Subscription open?
The Fonebox Retail IPO open on January 25, 2024.
When does Fonebox Retail IPO Subscription close?
The Fonebox Retail IPO Close on January 30, 2024.
What is the allotment date of Fonebox Retail IPO?
The allotment date for Fonebox Retail IPO is January 31, 2024.
When is the initial refund date of Fonebox Retail IPO?
The initial Refund date for Fonebox Retail IPO is February 1, 2024.
When were the shares credited to investors demat accounts for the Fonebox Retail IPO?
The shares for the Fonebox Retail IPO were credited to investors demat accounts on February 1, 2024.
When will Fonebox Retail IPO be listed on the stock market?
Fonebox Retail IPO stock market will be listed on February 2, 2024 at 10 am.
What was the price range of the Fonebox Retail IPO shares?
The Fonebox Retail IPO shares were offered at a price range of ₹66 to ₹70 per share.
What was the lot size for the Fonebox Retail IPO shares?
The lot size for the Fonebox Retail IPO shares was 2000 shares.
What was the total issue size of the Fonebox Retail IPO?
The total issue size of the Fonebox Retail IPO was ₹20.37 crores.
On which stock exchanges was the Fonebox Retail IPO listed?
The Fonebox Retail IPO was listed on the NSE SME.
What is the Fonebox Retail IPO Subscription Status?
Fonebox Retail IPO is subscribed 14.88 Times.
