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Open
25 Jan 2024
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Close
30 Jan 2024
3
Allotment
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Listing
Fri, Feb 2, 2024
Price Band
₹66 to ₹70
Issue Size
29,10,000 shares (agg. up to ₹20 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Feb 2, 2024
Latest GMP
₹130
Est. Gain
185.71%
✦ AI Insight
GMP Trend
02-02-2024₹130Est. ₹200+185.71%
01-02-2024₹130Est. ₹200+185.71%
31-01-2024₹130Est. ₹200+185.71%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 454.61x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 43.42 | 38.61 | 21.11 | 0.71 |
| Total Income | 140.23 | 196.26 | 90.92 | 0.10 |
| Profit After Tax | 1.55 | 1.60 | 0.13 | -0.02 |
| NET Worth | 9.17 | 2.10 | 0.60 | 0.12 |
| Reserves and Surplus | 1.90 | 1.70 | 0.10 | -0.02 |
| Total Borrowing | 5.07 | 10.58 | 5.84 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Cell Point (India) Ltd. | SME | ₹50.34 Cr | ₹100 | 24.1 | ₹95.00 | -5.00% | ₹15.25 (-0.33%) |
| Credo Brands Marketing Ltd. | Mainboard | ₹549.78 Cr | ₹280 | 23.22 | ₹312.20 | +11.50% | ₹84.63 (-0.96%) |
| Sai Silks (Kalamandir) Ltd. | Mainboard | ₹1,201.00 Cr | ₹222 | 27.37 | ₹244.90 | +10.32% | ₹91.97 (-2.18%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 13.50 |
| 2 | General corporate purposes | 5.05 |
| 3 | Public Issue Expenses | 1.82 |
About Fonebox Retail IPO
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.+ Read More
Contact Details
Fonebox Retail Ltd. Address702/703, 7th FloorSatyam 64, Opp.Gujarat High CourtS G RoadAhmedabad, Gujarat, 380061+079 46025304cs@fonebox.inVisit Website