Fone4 Communications (India) Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

25 Apr 2022

Close Date

27 Apr 2022

Allotment

02 May 2022

Listing Date

06 May 2022

Exchange

BSE SME

Price Band

₹10

Listing Price

See chart

Allotment Status

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Price Band

₹10

Per share

Face Value

₹10 per share

Lot Size

10,000 Shares

per lot

Issue Size

68,00,000 shares (aggregating up to ₹6.80 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹100,000

1 lot

Pre-IPO Holding

1,02,50,000 shares

Promoters

Post-IPO Holding

1,70,50,000 shares

Promoters

P/E (Pre)

142.86x

UPI Deadline

2022-04-27

Mandate

Anchor AllotmentSun, 24 Apr 2022

Basis of AllotmentMon, 02 May 2022

Refund InitiationWed, 04 May 2022

Demat CreditThu, 05 May 2022

Listing DayFri, 06 May 2022

UPI Mandate Deadline2022-04-27

Sale TypeFresh Capital

Net Offer to Public64,60,000 shares (aggregating up to ₹6.46 Cr)

Market Maker Quota3,40,000 shares (aggregating up to ₹0.3400 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Fone4 Communications (India) Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Apr 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	340,000	—	₹0.34
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	6,800,000	100%	₹6.80

IPO Shares Offered

Fone4 Communications (India) Ltd. IPO total issue size: ₹6.80 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	340,000	₹0.34	5.00%
Total	6,800,000	₹6.80	100.00%

* Based on upper price band ₹10 per share

Lot Size & Investment

Lot Size

10,000

Shares per Lot

Issue Price

₹10.00

Upper Band

Min Investment

₹100,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	20,000	₹200,000
Retail (Max — 2 Lots)	2	20,000	₹200,000
S-HNI (Min — 14 Lots)	14	140,000	₹1,400,000
B-HNI (Min — 68 Lots)	68	680,000	₹6,800,000

* Issue Price ₹10 × Lot Size 10,000 shares

IPO Schedule

Anchor

24 Apr 2022

✓ Done

IPO Open

25 Apr 2022

✓ Done

IPO Close

27 Apr 2022

✓ Done

Allotment

02 May 2022

✓ Done

Refunds

04 May 2022

✓ Done

Demat Credit

05 May 2022

✓ Done

Listing Day

06 May 2022

✓ Done

₹10.00

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Issue ₹10.00 Live Price

About Fone4 Communications (India) Ltd.

Incorporated in 2014, 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.

Objects of the Issue

1 To Meet working capital requirement

2 Public issue expenses

3 General corporate purpose

Fone4 Communications (India) Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹5,752.2

31-Mar-20

₹6,380.3

31-Mar-21

₹2,626.9

30-Sep-21

Profit After Tax (PAT)

-₹97.8

31-Mar-20

-₹10.0

31-Mar-21

-₹2.2

30-Sep-21

Particulars	30-Sep-21	31-Mar-21	31-Mar-20
Revenue from Operations	2626.86	6380.25	5752.19
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	-2.24	-10.00	-97.78
Net Worth	N/A	N/A	N/A
Total Assets	3162.46	4927.98	16577.39
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered68,00,000 (100.00%)

Net Offer to Public64,60,000 shares (aggregating up to ₹6.46 Cr)

Reserved for Market Maker3,40,000 shares (aggregating up to ₹0.3400 Cr)

Pre-Issue Promoter Holding1,02,50,000 shares

Post-Issue Promoter Holding1,70,50,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Cameo Corporate Services Ltd.

+91-44-28460390

investor@cameoindia.com

https://ipo.cameoindia.com/

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Book Running Lead Managers

Finshore Management Services Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Fone4 Communications (India) Ltd. IPO subscribed? ▲

Fone4 Communications (India) Ltd. IPO is subscribed 1.00 times by Apr 27, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Fone4 Communications (India) Ltd. IPO retail subscription status? ▼

The Fone4 Communications (India) Ltd. IPO retail category is subscribed 1.00 times as of 27 Apr 2022. The retail portion is oversubscribed.

How to subscribe Fone4 Communications (India) Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 25 Apr 2022 and closes 27 Apr 2022. Min investment: ₹100,000 (1 lot = 10,000 shares). UPI mandate: 2022-04-27.

How many times Fone4 Communications (India) Ltd. IPO subscribed? ▼

The Fone4 Communications (India) Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Fone4 Communications (India) Ltd. IPO allotment? ▼

Check allotment on the registrar website (Cameo Corporate Services Ltd.) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 02 May 2022. Refunds: on 04 May 2022.

When Fone4 Communications (India) Ltd. IPO will be listed? ▼

The Fone4 Communications (India) Ltd. IPO listing date is 06 May 2022, Friday. Listed on: BSE SME. Issue price: ₹10. Estimated listing: ₹10. GMP: NIL.

When Fone4 Communications (India) Ltd. IPO close? ▼

The Fone4 Communications (India) Ltd. IPO closes on 27 Apr 2022, Wednesday. UPI mandate: 2022-04-27. Allotment: 02 May 2022. Listing: 06 May 2022.

Quick Actions

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Live Price LIVE

Last Price₹10.00

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Issue Price₹10.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹10

Face Value₹10

Lot Size10,000 Sh

Min. Amount₹100,000

GMPNIL

Est. Listing₹10

Subscribed1.00x

Open Date25 Apr 2022

Close Date27 Apr 2022

Allotment02 May 2022

Listing Date06 May 2022

ExchangeBSE SME

UPI Deadline2022-04-27