Fonebox Retail IPO

Fonebox Retail Limited

₹1,32,000 /2000 sharesMinimum Investment

Fonebox Retail IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
25 Jan ‘24 - 30 Jan ‘24₹1,32,0002,000₹66 - ₹70
Issue SizeIPO Doc
20.37Cr
RHP PDF

About Fonebox Retail

Fonebox is a retail company involved in the sale of smartphones and accessories from various brands such as Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, and Micromax. The company also sells multi-brand consumer-durable electronic goods, including laptops, washing machines, smart TVs, air conditioners, and refrigerators from brands like TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus. The company offers credit and EMI options to customers for purchasing its product offerings. To this end, it has established partnerships with prominent credit institutions such as Bajaj Finance, HDB Financial Service, HDFC Bank, and IDFC First Bank. Additionally, the company provides after-sales services for mobile handsets and tablets at its retail locations and franchisee outlets. ;
Founded in
2021
Managing director
Mr. Amitkumar Gopalbhai Patel
Parent organisation
Fonebox Retail Limited

Strengths & Financials of Fonebox Retail

Strengths
Risks
With 153 stores across Gujarat, the company’s distribution network includes 40 company-owned retail outlets and 113 franchise-owned outlets, operating under the Franchise Owned and Company Operated (FOCO) Model in over 20 cities.
The company's retail outlets feature product displays that allow customers to test items before buying. These stores are strategically positioned in high-traffic areas.
The company is able to offer a wide range of products since it is engaged in multi-brand product selling/distribution.

Fonebox Retail Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Fonebox Retail IPO

Apply asPrice bandApply upto
Regular66 - 70₹2 Lakh
High Networth Individual66 - 70₹2 - 5 Lakh
For Fonebox Retail IPO, eligible investors can apply as Regular.
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