Business Standard

Fonebox Retail Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

20.37 cr

Price Range (₹)

70

Lot Size

2000

Min Investment (₹)

1,40,000.00

Listing Exchange

NSE - SME

Open Date

25-Jan-2024

Close Date

30-Jan-2024

Listing Date

02-Feb-2024

Fonebox Retail Ltd News

    The Shares of Fonebox Retail Ltd have now been listed.

    Fonebox Retail Ltd IPO Details

    Initial public issue of 2910000 equity shares of face value of Rs. 10/- each of Fonebox Retail Limited (Fonebook, Fonebox, FRL or the Company or the Issuer) for cash at a price of Rs. 70/- per equity share including a share premium of Rs. 60/- per equity share (the Issue Price) aggregating to Rs. 20.37 crores (The Issue), of which 146000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 70/- per equity share including a share premium of Rs. 60/- per equity share aggregating to Rs. 1.02 crores was reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of 2764000 equity shares of face value of Rs. 10/- each at a price of Rs. 70/- per equity share including a share premium of Rs. 60/- per equity share aggregating to Rs. 19.35 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 28.36 % and 26.94 %, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.

    Objective of issue

    To meet working capital requirements. General corporate purposes.

    Fonebox Retail Ltd Contact Details

    Fonebox Retail Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - cs@fonebox.in

    Website - www.fonebook.in