| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹20.37 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹20.37 Cr |
| Fresh Issue | ₹19.35 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน66.00-70.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | FONEBOX |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 13.50 |
| 2 | General corporate purposes | 5.05 |
| 3 | Public Issue Expenses | 1.82 |
| 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 | ||||
| KPI | |
|---|---|
| ROE | 118.20% |
| ROCE | 34.55% |
| Debt / Equity | 5.03% |
| RoNW | 76.15% |
| PAT Margin | 0.82% |
| Price to Book Value | 1.66 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.17 | 1.56 |
| P/E (x) | 32.18 | 44.93 |
| Promoter Holding | 100.00% | 71.64% |
| Market Cap | โน71.82 Cr. | |