What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Fone4 Communications (India) Limited IPO?

Fone4 Communications (India) Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Fone4 Communications (India) Limited

ListedSME

Consumer 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	3,400,000	—	0.00x
Non-Institutional (NII / HNI)	1,020,000	—	0.00x
Retail Individual (RII)	2,380,000	—	0.00x
Total	6,800,000	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	238	238	1.00x
HNIs (10L +)	2	2	1.00x
HNIs (2-10L)	7	7	1.00x
Total Applications	247	247	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Fone4 Communications (India) Limited Public Issue & Market Profile

Fone4 Communications (India) Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹6.8 Crores. The shares are offered at a price band of ₹10 to ₹10 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2022-04-27, the basis of allotment is scheduled to be finalized on 2022-05-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Fone4 Communications (India) Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Fone4 Communications (India) Limited IPO is ₹2 per equity share. Based on the upper price band of ₹10 to ₹10 per equity share, the estimated listing price is ₹12 (+20.0% expected listing gain).

What is the expected profit per lot for Fone4 Communications (India) Limited IPO?

With a lot size of 10000 shares and current GMP of ₹2, the expected profit per application lot is approx ₹20,000 (+20.0% gain). Minimum application cost is approx ₹1,00,000.

What is the issue size and price band for Fone4 Communications (India) Limited IPO?

The Fone4 Communications (India) Limited IPO aggregate issue size is ₹6.8 Crores with an equity price band set at ₹10 to ₹10 per equity share. The retail lot size is 10000 shares requiring a minimum capital outlay of approx. ₹1,00,000.

How can I check Fone4 Communications (India) Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Fone4 Communications (India) Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2022-05-02. Investors can verify status using PAN card or application number.

When is the listing date for Fone4 Communications (India) Limited IPO?

Fone4 Communications (India) Limited shares are scheduled to list on BSE on 2022-05-06.