Fonebox Retail
Fonebox Retail Info
Details about the Fonebox Retail IPO. Opening Date of Fonebox Retail is 25 Jan 24 and Closing Date is 30 Jan 24 . Face Value of Each share of Fonebox Retail is ₹10 per share. Price band of Fonebox Retail is ₹60 to ₹70. The Lot size of Fonebox Retail is 2,000 shares. Total issue size of Fonebox Retail IPO is ₹20.37 cr. Fresh Issue of Fonebox Retail IPO is 20.37 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Fonebox Retail is 7,350,000. Share Holding Post Issue of Fonebox Retail is 10,260,000.
Business Summary
Company is engaged in multi-brand retail selling of Smart Phones and allied accessories from manufacturers like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG and Micromax.
They are also engaged in multi-brand retail selling of consumer durable electronics goods like Laptop, Washing Machines, Smart TVs, Air Conditioners, Fridges, etc. from brands like TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, OnePlus.
Fonebox Retail initially started the business operations with brand “Fonebox”, for the company owned stores as well as franchise stores. Further, Company acquired famous mobilephone retail store brands such as “Fonebook” and “My Mobile” vide Business Purchase agreements from their respective owners in the year 2021
Company mainly operate under the brand name of fonebook and fonboc .As on January 05, 2024 Fonebox retail operate from total 143 stores across the state of Gujarat. Out of 143 stores 39 stores are Company Owned and Company Operated retail outlets (“COCO Model”) and 104 stores are under Franchise Owned and Company Operated retail model (“FOCO Model”) distributed in more than 20 cities in Gujarat.
Fonebox Retail IPO Details
| Open Date | 25 Jan 24 |
|---|---|
| Close Date | 30 Jan 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹60 - ₹70 |
| Lot Size | 2,000 Shares |
| Total issue Size | 2,910,000 Shares ₹20.37 cr |
| Fresh Issue | 2,910,000 Shares ₹20.37 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 7,350,000 |
| Share Holding Post Issue | 10,260,000 |
| Market Maker | Spread X Securities |
| Market Maker Portion | 146,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Fonebox Retail IPO Timeline
The Fonebox Retail Initial Public Offering (IPO) is set to open on 25 Jan 24 and will end its subscription phase on 30 Jan 24. You can check your allotment status for Fonebox Retail on 31 Jan 24. The refund process for your funds will start promptly on 01 Feb 24. Fonebox Retail IPO credit of shares will be on 01 Feb 24. The listing date for Fonebox Retail is on 02 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Fonebox Retail IPO Reservation
The Fonebox Retail IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
146,000 Shares will be reserved for subscription by Spread X Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Fonebox Retail IPO Lot Size
Bids can be made for minimum of 2000 shares and in multiple of 2000 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 140,000 |
| Retail (Max) | 1 | 2,000 | 140,000 |
| HNI (Min) | 2 | 4,000 | 280,000 |
Fonebox Retail IPO Promoters Holding
Promoters holding details for Fonebox Retail in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 71.64%.
Promoters of Fonebox Retail are Mr. Manishbhai Girishbhai Patel, Mr. Jigar Lallubhai Desai, Mr. Parth Lallubhai Desai, Mr. Jigneshkumar Dashrathlal Parekh, Mr. Amitkumar Gopalbhai Patel,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 71.64% |
Fonebox Retail Financial Information
Financial performance details for Fonebox Retail over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 4,342.27 | 3,861.05 | 2,110.7 | 71.08 |
| Revenue | 14,022.98 | 19,626.09 | 9,092.33 | 9.92 |
| Profit After Tax | 155.19 | 159.86 | 12.79 | -2.36 |
Fonebox Retail IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Fonebox Retail are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 32.18 |
| ROCE | 34.55% |
| ROE | 118.20% |
| RoNW | 76.15% |
| EPS (Rs) | 2.17 |
Object of the Issue
- • To Meet Working Capital Requirements
- • General corporate purposes
- • To meet Public Issue Expenses
Contact Details for Fonebox Retail
Phone
Office
702/703, 7th Floor, Satyam 64, Opp. Gujarat High Court, S G Road, Ahmedabad- 380061
Registrar Details for Fonebox Retail
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial DistrictNanakramguda, SerilingampallyHyderabad, Rangareddi 500 032Telangana, India
Lead Manager
- • Beeline Capital Advisors Private Limited