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FONEBOXSME / NSEListed

Fonebox Retail Limited

Fonebox Retail Limited is a multi-brand retailer specializing in smartphones and accessories from leading manufacturers such as Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax. Operating under the brand names Fonebook and Fonebox, the company also retails consumer durables, including laptops, washing machines, smart TVs, air conditioners, and refrigerators, from brands like TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus. To enhance affordability, Fonebox Retail offers credit and EMI facilities through partnerships with major financial institutions such as Bajaj Finance, HDB Financial Services, HDFC Bank, and IDFC First Bank. As of September 25, 2023, the company had 153 stores across Gujarat, with 40 company-owned and company-operated stores (COCO model) and 113 under the franchisee and company-operated model (FOCO model), covering more than 20 cities. As of July 31, 2023, Fonebox Retail Limited employed a total of 130 people.

₹66 - ₹70657.37x sub
Listed Price200.00
Listing Gain+185.71%
TimelineBook Built Issue IPO
Open25 Jan 2024
Close30 Jan 2024
Allotment31 Jan 2024
Listing02 Feb 2024

Quota Reservation Portions

RetailPortion: 9,70,000 shares
33.33%
Nii(hni)Portion: 4,16,000 shares
14.3%
QIBPortion: 5,52,000 shares
18.97%
Market MakerPortion: 1,46,000 shares
5.02%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,40,000
HNI2 lots / 4,000 shares
₹2,80,000

About the Company

Fonebox Retail Limited is a multi-brand retailer specializing in smartphones and accessories from leading manufacturers such as Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax. Operating under the brand names Fonebook and Fonebox, the company also retails consumer durables, including laptops, washing machines, smart TVs, air conditioners, and refrigerators, from brands like TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus. To enhance affordability, Fonebox Retail offers credit and EMI facilities through partnerships with major financial institutions such as Bajaj Finance, HDB Financial Services, HDFC Bank, and IDFC First Bank. As of September 25, 2023, the company had 153 stores across Gujarat, with 40 company-owned and company-operated stores (COCO model) and 113 under the franchisee and company-operated model (FOCO model), covering more than 20 cities. As of July 31, 2023, Fonebox Retail Limited employed a total of 130 people.

Company Promoters

Mr. Manishbhai Girishbhai PatelMr. Jigar Lallubhai DesaiMr. Parth Lallubhai DesaiMr. Jigneshkumar Dashrathlal ParekhMr. Amitkumar Gopalbhai Patel