✓
Open
25 Apr 2022
✓
Close
27 Apr 2022
3
Allotment
—
✓
Listing
Fri, May 6, 2022
Price Band
₹10 per share
Issue Size
68,00,000 shares (agg. up to ₹7 Cr)
Lot Size
10,000 Shares
Listing Date
Fri, May 6, 2022
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 10.35x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 31.28 | 49.28 | 165.77 | 142.25 |
| Total Income | 42.13 | 63.80 | 57.52 | 152.43 |
| Profit After Tax | 0.09 | -0.10 | -0.98 | -1.55 |
| EBITDA | 1.27 | 2.68 | 1.44 | 2.32 |
| NET Worth | 4.07 | -0.02 | 0.08 | 1.06 |
| Reserves and Surplus | -1.68 | -1.77 | -1.67 | -0.69 |
| Total Borrowing | 2.62 | 20.88 | 42.84 | 24.12 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| FSN E-Commerce Ventures Ltd. | Mainboard | ₹5,349.72 Cr | ₹1125 | null | ₹2,205.80 | +96.07% | ₹323.05 (-0.62%) |
| CarTrade Tech Ltd. | Mainboard | ₹2,998.51 Cr | ₹1618 | null | ₹1,501.05 | -7.23% | ₹2,699.40 (-3.98%) |
| Zomato Ltd. | Mainboard | ₹9,375.00 Cr | ₹76 | null | ₹125.85 | +65.59% | ₹286.60 (+0.09%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet working capital requirement | 6.01 |
| 2 | Public issue expenses | 0.50 |
| 3 | General corporate purpose | 0.30 |
About Fone4 Communications IPO
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. + Read More
Contact Details
Fone4 Communications (India) Ltd. Address1st Floor, 45/692-BAshna Arcade, Vylopilly RoadThammanamErnakulam, Kerala, 682032+91 8606 777 777cs@fone4.inVisit Website