Issue Price
₹10
Per Share
GMP
NIL
Grey Market
Est. Listing
₹10
Expected Price
Min. Application
₹200,000
2 lots × 10000 shares
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.
Fone4 Communications (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 340,000 | — | ₹0.34 Cr | — |
| TOTAL | 6,800,000 | 100.00% | ₹6.80 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹100,000 |
| Retail (Max) | 13 | 130,000 | ₹1,300,000 |
| sNII (Min) | 14 | 140,000 | ₹1,400,000 |
| bNII (Min) | 68 | 680,000 | ₹6,800,000 |
| 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 |
| Total Borrowings | N/A | N/A | N/A |