58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Fonebox Retail Limited IPO (Fonebox Retail IPO) Detail

Fonebox Retail IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Retail sector. Beeline Capital Advisors Private is the merchant banker of Fonebox Retail IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2023.

Fonebox Retail IPO open date is 25th January 2024 and close date is 30th January 2024. IPO Allotment Date is 31st January 2024 and Listing date is 2nd February 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

Fonebox Retail IPO Date

Date of DRHP:
30th September 2023
IPO Allotment Date:
31st January 2024
IPO Open Date:
25th January 2024
Initiation of Refund:
1st February 2024
IPO Closing Date:
30th January 2024
IPO Listing Date:
2nd February 2024

Fonebox Retail IPO Info, Size, Subscription

Fonebox Retail IPO size is Rs 20.37 Cr. crores with IPO price of Rs 70.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 20.37 Cr.

Issue Price:
₹ 70.00

Market Capitalisation :
₹ 71.82 Cr.

PE multiple :
44.93

Subscription :
659.42 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
71.64%

Fonebox Retail IPO Information

Sub Sector : Retailer of smartphones accessories and consumer durables.
Fonebox Retail is engaged in multi-brand retail selling of Smart Phones and allied accessories from manufacturers like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG and Micromax. They are also engaged in multi-brand retail selling of consumer durable electronics goods like Laptop, Washing Machines, Smart TVs, Air Conditioners, Fridges, etc. from brands like TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, OnePlus. They operate their retail business with multiple brands. They have a portfolio of retail stores with different brands. They initially started their business operations with brand “Fonebox”, for the company owned stores as well as franchise stores. Further, they acquired famous mobilephone retail store brands such as “Fonebook” and “My Mobile” vide Business Purchase agreements from their respective owners in the year
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Object of Issue (Fonebox Retail IPO Objectives)

  • To Meet Working Capital Requirements
  • General Corporate Purposes
  • To meet Public Issue Expenses

Beeline Capital Advisors Private Limited is the book-running lead manager of the Fonebox Retail IPO. Kfin Technologies Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Fonebox Retail IPO.

Fonebox Retail IPO Market Maker

Spread X Securities Private Limited

Fonebox Retail IPO Registrar (RTA)

Kfin Technologies Limited

Fonebox Retail IPO Lead Manager (BRLM)

Beeline Capital Advisors Private Limited

Fonebox Retail IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.

Anchor Investors in Fonebox Retail IPO

No. of Anchor Investors: 2

Anchor Investor Name   No. of shares Allotted Offer Price (in Rs.) Amount Invested (in Rs.)
Nav Capital Vcc 682,000.00 ₹70.00 ₹47,740,000.00
LC Radiance Fund 144,000.00 ₹70.00 ₹10,080,000.00

Fonebox Retail IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Fonebox Retail IPO?

Fonebox Retail IPO, based in Ahmedabad, operates in the   Retail sector with a focus on Retailer of smartphones accessories and consumer durables.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Fonebox Retail IPO size is ₹ 20.37 Cr. Crores with fresh issue size of Rs 20.37 Cr. Crores and Offer for sale being Nil.

When is Fonebox Retail IPO allotment?

The IPO allotment date for Fonebox Retail IPO is expected to be 31st January 2024, after the finalization of basis of allotment. Investors can check Fonebox Retail IPO allotment status on the registrars website, Kfin Technologies Limited. Fonebox Retail IPO refund dates are 1st February 2024.

When is Fonebox Retail IPO listing date?

Fonebox Retail IPO is expected to be listed on 2nd February 2024.

What is the price band for Fonebox Retail IPO?

The upper price band for the Fonebox Retail IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Fonebox Retail IPO Review?

For IPO analysis on Fonebox Retail IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Fonebox Retail IPO?

To apply for the Fonebox Retail IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th January 2024. After submission, funds are blocked until the basis of allotment of Fonebox Retail IPO is finalised.

Who is the merchant banker of Fonebox Retail IPO?

The merchant banker for Fonebox Retail IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Fonebox Retail IPO RHP for further details.

Who is the Registrar of Fonebox Retail IPO?

The registrar for Fonebox Retail IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Fonebox Retail IPO through their official website or helpline.

What is the Fonebox Retail IPO subscription?

Fonebox Retail IPO was subscribed 659.42 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 20.37 Cr. Avg IPO Size (Sector Based) : ₹ 16.06 Cr.
  • Sector: Retail SME IPO so far: 18
  • Merchant Banker: Beeline Capital SME IPO by BRLM so far: 47
  • City: Ahmedabad SME IPO so far: 174
  • Revenue (annualised): ₹ 279.52 cr.
            PAT: (annualised): ₹ 3.10 cr.
  • PE Ratio: 44.93x Average Sector PE Ratio: 18.72x
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FAQs

Fonebox Retail IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Fonebox Retail Financial Review Page

Fonebox Retail IPO subscription was 659.42 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Fonebox Retail IPO listed at a listing price of 210.00 against the offer price of 70.00.

The current market price of Fonebox Retail is 94.00.

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