Fone4 Communications (India) Limited
ListedSMEConsumer Discretionary · BSE
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.
Price Band
₹10
Issue Size
₹6.80 Cr
Lot Size
10000 shares
GMP
₹2
+20.0%
Est. Listing
₹12
at current GMP
Subscribed
—
Open
25 Apr 2022
Close
27 Apr 2022
Allotment
2 May 2022
Refund
3 May 2022
Demat Credit
4 May 2022
Listing
6 May 2022
Last updated 12 days ago
Key Highlights
- •Leading player in the Consumer Discretionary segment
- •Price band established at ₹10 - ₹10 per equity share
- •Minimum bid lot is 10000 shares
- •Estimated listing target of ₹12 based on current grey market activity