Fone4 Communications (India) was incorporated on May 8, 2014. The company developed a robust Technological Platform www.fone4.in, wherein customers could buy their desired products through online E-Commerce with attractive offers and more particularly during festive and other seasons and the company has a wide range of offerings through both online as well as an offline platforms for electronic gadgets and accessories for Smart Phones, Laptops, Smart Television, etc.
| Bidding Dates |
|---|
| 25 Apr 2022 - 27 Apr 2022 |
| Subscription |
|---|
| 14.75x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,00,000 | 1 | 2 | 10000 | 6.8 M | ₹10 | 60.12 % | ₹68.0 M | RHP DOC |
Fone4 Communications IPO SUBSCRIPTION STATUS
27 Apr '22Fone4 Communications IPO overall subscription rate was 14.75 times the total available shares
Fone4 Communications IPO retail subscription rate was 22.07 times in the retail segment
Fone4 Communications IPO non-institutional investor subscription rate was 7.43 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
25 Apr 2022 (Day 1) | 1.33x | 1.19x | - |
26 Apr 2022 (Day 2) | 7.28x | 1.29x | - |
27 Apr 2022 (Day 3) | 22.07x | 7.43x | - |
Fone4 Communications FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) | Margins |
| 9MFY22 | 0.86 | 419.59 | 146.18 | 146.03 | 3.02% |
| FY21 | -1 | 631.39 | 239.04 | 232.73 | 4.21% |
| FY20 | -9.77 | 574.21 | 175.10 | 173.39 | 4.21% |
| FY19 | -15.53 | 1,468.96 | 175.28 | 169.53 | 1.52% |
Fone4 Communications IPO SUBSCRIPTION STATUS DETAILS
Fone4 Communications had 6.8 M shares on offer
Fone4 Communications IPO offer price was ₹10
Fone4 Communications IPO minimum Investment was ₹100000
Fone4 Communications IPO issue size was ₹ 68.0 M
Fone4 Communications had a minimum lot size of 10000 Shares per application
Fone4 Communications NUMBER OF SHARES ON OFFER
Fone4 Communications IPO IMPORTANT DATES
| Issue Open Date | 25 Apr 2022 |
| Issue close Date | 27 Apr 2022 |
| Allotment Date | 02 May 2022 |
| Refund Date | 04 May 2022 |
| Demat Account Credit Date | 05 May 2022 |
| Listing Date | 06 May 2022 |
| Listing on Exchange(s) | NSE and BSE |
| Fone4 Communications Allotment Status | Exchange |
Fone4 Communications IPO subscription opened on 25 Apr 2022, and closed on 27 Apr 2022
IPO allotment for Fone4 Communications was finalized on Monday, 02 May 2022
IPO listing for Fone4 Communications was on NSE and BSE on Friday, 06 May 2022
Fone4 Communications IPO LISTING GAINS
| Issue Price (adjusted) | 10.0 |
| Listing Open Price | 10.0 |
| Listing Close Price | 9.5 |
| Listing Gain% | 0.0% |
| Current Gain% | -47.6% |
Fone4 Communications Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fone4 Communications (India) Ltd. | 5.2 | 8.9 | -3.9 | 0.1 | 0.2 | -27.6 | -10.6 | 52.8 | -9.5 | -3.4 | -5.8 | -1.4 | -27.7 |
| Vedant Fashions Ltd. | 520 | 12634.9 | 32.7 | -13.2 | 8.7 | 19.1 | 13.2 | 1529 | 3.9 | 375.5 | -3.3 | 15.9 | -2.5 |
| Aditya Birla Lifestyle Brands Ltd. | 91.8 | 11204.4 | 63.7 | 0.3 | 1.3 | 12.1 | 2 | 8480.9 | 7.2 | 171 | 187 | 1.4 | 189.8 |
| Aditya Vision Ltd. | 625.3 | 8075 | 58.1 | 2 | 2.8 | 17 | 7.9 | 2681.5 | 18.3 | 116.9 | 10.8 | 10.8 | 29.2 |
| Ethos Ltd. | 2861.3 | 7656.2 | 73.7 | 6 | 4.4 | 6.4 | 4.3 | 1658.4 | 30 | 94.8 | -1.6 | 38.8 | 12.3 |
| Electronics Mart India Ltd. | 181.4 | 6978.2 | 33.8 | 0.4 | 0.9 | 6.6 | 2.8 | 7191.4 | 3.1 | 107.1 | -33.1 | 5.4 | 88.8 |
Fone4 Communications INFORMATION ON IPO ISSUE
About Fone4 Communications
Fone4 Communications (India) was incorporated on May 8, 2014. The company developed a robust Technological Platform www.fone4.in, wherein customers could buy their desired products through online E-Commerce with attractive offers and more particularly during festive and other seasons and the company has a wide range of offerings through both online as well as an offline platforms for electronic gadgets and accessories for Smart Phones, Laptops, Smart Television, etc.
Object of the Issue
- To meet the working capital requirements of the company
- To meet the Issue Expenses
- General Corporate Purposes
Fone4 Communications - PROMOTERS
| Name |
|---|
| Sayyed Hamid |
| Roudha Zerlina |
Fone4 Communications Lead Manager of the Issue
Fineshore Management Services Limited
ramakrishna@finshoregroup.com
Fone4 Communications Registrar to the Issue
Cameo Corporate Services Limited
investor@cameoindia.com
Fone4 Communications Strengths
Strategic location
Strategic location and facilities.
Wide distribution
Wide distribution and marketing network.
Diversified products portfolio
Diversified products portfolio and innovation.
Fone4 Communications Risks
Dependent on external suppliers/distributors
The Company is dependent on external suppliers/distributors for its product requirements.
Revenue is dependent on a limited number of brands
A large part of the revenue is dependent on a limited number of brands.
Exposed to risk from expansion plans
The company plans to expand into new geographies and may be exposed to significant liability and could lose some or all of the investment in such regions
IPO FAQs
The promoters of the company are Sayyed Hamid and Roudha Zerlina.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 10.0 - 10.0.
The IPO application opens on Apr 25, 2022 and closes on Apr 27, 2022.
The minimum lot size for the IPO is 10000. The maximum lot size for the IPO is 20000.
For all category investors, the minimum application amount for this IPO is Rs. 100,000.0, the maximum value for this IPO is Rs 200,000.0.
This IPO will be allotted on May 02, 2022.
The refund will be credited to your account on May 04, 2022.
The allotted shares will be credited to your demat on May 05, 2022.
Fone4 Communications (India) Ltd.’s shares listed on the stock exchanges on May 06, 2022.