Fone4 Communications (India) Limited
IPO Details
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Lot Distribution
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Company Fin.
₹2(20.00%)
Premium (ELP)
Fone4 Communications (India) Limited's successfully transitioned to public market status with its listing on BSE on May 06, 2022. The IPO mobilized 68,00,000 Shares in cumulative capital, including 68,00,000 Shares for corporate expansion.
The public offering was conducted within the price parameters of ₹10 to ₹10, with minimum investment lots of 10000 shares. subscription activity between Apr 25, 2022 and Apr 27, 2022 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on May 02, 2022, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2014, Fone4 Communications (India) Limited is an online and offline electronics e-commerce company based in Kerala, engaged in the distribution of a wide range of electronic gadgets and accessories for smartphones, laptops, smart televisions, and other devices from leading brands such as Apple, Samsung, Oppo, Vivo, Xiaomi, Nokia, OnePlus, Dell, Lenovo, Asus, HP, Acer, LG, TCL, and others, with operations supported by a warehouse in Kochi and a strong retail presence through 25 branded ‘FONE4’ showrooms across major cities in Kerala including Calicut, Cochin, Kollam, Kottayam, Malappuram, Palakkad, and Thrissur.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Strategic Location: Well-placed facilities that support efficient operations.
- Strong Distribution Network: Wide marketing and distribution reach across markets.
- Diverse & Innovative Products: Offers a broad product portfolio with continuous innovation.
NA
- Mr. Sayyed Hamid
- Mrs Roudha Zerlina
Fone4 Communications (India) Limited
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