Fonebox Retail Limited Logo

Fonebox Retail Limited

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Jan 25 to Jan 30, 2024
Price Band ₹66 - 70
Current GMP ₹200 (185.71%)
Subscription 659.42 times

IPO Details

IPO Date
January 25, 2024 to January 30, 2024
Listing Date
Friday, February 2, 2024
Face Value
₹10 per share
Price Band
₹66 to ₹70 per share
Lot Size
2000 Shares
Total Issue Size
2,910,000 shares (aggregating up to ₹20.37 Cr)
Fresh Issue
2,910,000 shares (aggregating up to ₹20.37 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
7,350,000
Share holding post issue
10,260,000
Market Maker portion
146,000 shares Spread X Securities

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
138.69
Non-Institutional Buyers*
819.99
Retail Investors
886.32
Total **
659.42

Day Wise Sub

DayDay 1 Jan 25, 2024
QIB0.01
NII*9.93
Retail25.47
Total14.88
DayDay 2 Jan 29, 2024
QIB3.82
NII*143.88
Retail300.01
Total182.14
DayDay 3 Jan 30, 2024
QIB138.69
NII*819.99
Retail886.32
Total659.42

Day Wise GMP

Date02-02-2024
Price70.00
GMP130 (185.71%)
Estimate List Price200
Date01-02-2024
Price70.00
GMP130 (185.71%)
Estimate List Price200
Date31-01-2024
Price70.00
GMP130 (185.71%)
Estimate List Price200
Date30-01-2024
Price70.00
GMP120 (171.43%)
Estimate List Price190
Date29-01-2024
Price70.00
GMP130 (185.71%)
Estimate List Price200
Date28-01-2024
Price70.00
GMP120 (171.43%)
Estimate List Price190
Date27-01-2024
Price70.00
GMP120 (171.43%)
Estimate List Price190
Date26-01-2024
Price70.00
GMP120 (171.43%)
Estimate List Price190
Date25-01-2024
Price70.00
GMP120 (171.43%)
Estimate List Price190
Date24-01-2024
Price70.00
GMP120 (171.43%)
Estimate List Price190
Date23-01-2024
Price70.00
GMP50 (71.43%)
Estimate List Price120
Date22-01-2024
Price70.00
GMP50 (71.43%)
Estimate List Price120
Date21-01-2024
Price70.00
GMP50 (71.43%)
Estimate List Price120
Date20-01-2024
Price70.00
GMP50 (71.43%)
Estimate List Price120
Date19-01-2024
Price70.00
GMP50 (71.43%)
Estimate List Price120
Date18-01-2024
Price70.00
GMP50 (71.43%)
Estimate List Price120

IPO Important Dates

IPO Open Date
Thursday, January 25, 2024
IPO Close Date
Tuesday, January 30, 2024
Basis of Allotment
Wednesday, January 31, 2024
Initiation of Refunds
Thursday, February 1, 2024
Credit of Shares to Demat
Thursday, February 1, 2024
Listing Date
Friday, February 2, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 30, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares2000
Amount₹140,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹140,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹280,000

Financial Information

Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20234,342.27
31 Mar 20233,861.05
31 Mar 20222,110.70
Period EndedRevenue
30 Sep 202314,022.98
31 Mar 202319,626.09
31 Mar 20229,092.33
Period EndedProfit After Tax
30 Sep 2023155.19
31 Mar 2023159.86
31 Mar 202212.79
Period EndedNet Worth
30 Sep 2023916.72
31 Mar 2023210.26
31 Mar 202260.23
Period EndedReserves and Surplus
30 Sep 2023190.48
31 Mar 2023170.29
31 Mar 202210.43
Period EndedTotal Borrowing
30 Sep 2023506.57
31 Mar 20231,058.22
31 Mar 2022584.26

Key Performance Indicator

ROE
118.20%
ROCE
34.55%
Debt/Equity
5.03
RoNW
76.15%
P/BV
1.66
EPS (Rs)
2.17

IPO Reservation

Anchor Investor Shares Offered
826,000 (28.38%)
Market Maker Shares Offered
146,000 (5.02%)
QIB Shares Offered
556,000 (19.11%)
NII (HNI) Shares Offered
416,000 (14.30%)
Retail Shares Offered
970,000 (33.33%)
Total Shares Offered
2,910,000 (100%)

Information about company

Fonebox Retail Limited is a multi-brand retailer of smartphones and accessories from manufacturers such as Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax. The company operates under two brand names Fonebook and Fonebox. The company is also engaged in multi-brand retailing of consumer durables such as laptops, washing machines, smart TVs, air conditioners, refrigerators, etc. from brands such as TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus. The company offers credit/EMI facilities to its customers for the purchase of its products for which the company has tied up with major leading financial institutions like Bajaj Finance, HDB Financial Service, HDFC Bank and IDFC First Bank. As of September 25, 2023, the company had a total of 153 stores in the state of Gujarat. Of these, 40 are company-owned and company-operated retail stores ("COCO model") and 113 are under the franchisee and company-operated model ("FOCO model") spread across more than 20 cities in Gujarat. As on July 31, 2023, the company employed a total of 130 people.

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App