Grey Market Premium, Fonebook IPO GMP Today

Please find below the latest information regarding Kostak rates, Sauda rates, and Fonebook IPO GMP, also referred to as IPO Grey Market Premium. We are pleased to inform you that the GMP for Fonebox Retail’s IPO has been announced. We will provide you with the most up-to-date Fonebook IPO GMP figures as soon as they become available. Thank you for your interest in this matter, and please feel free to contact us if you have any questions or concerns.

Fonebook IPO GMP

Introduction Fonebook IPO , Today

Fonebook (Fonebook IPO GMP) Retail is a company engaged in multi-brand retail selling of smartphones, allied accessories, and consumer durable electronics goods. They operate their retail business with multiple brands, including Fonebox, Fonebook, and My Mobile. With a portfolio of retail stores in Gujarat, they offer a wide range of brands like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG, Micromax, TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, and OnePlus.

 What is Fonebook IPO GMP  Today?

The Fonebook IPO GMP, also known as the Grey Market Premium, is currently at ₹120. .

 

What is Fonebook IPO Kostak Rates Today?As of today, the Fonebook IPO Kostak Rate is ₹-.

What is the current Sauda price subject to the Fonebook initial public offering?

The The Fonebook IPO subject to sauda rates today are ₹1,70,000.

 

 Fonebook IPO Expected Returns?

The expected return for the Fonebook IPO is 171%.

Today GMP

₹120

IPO GMP

IPO GMP

A measure of demand generated by evaluating a firm getting ready to make its Initial Public Offering (IPO) is called the Grey Market Premium (GMP), or IPO GMP.

Fonebook INFO

The company has witnessed significant growth, reporting a revenue of ₹196.26 crores in 2023, compared to ₹90.92 crores in 2022. This growth highlights their success in the competitive retail market.

Fonebox Retail IPO Market Lot

The Fonebox Retail IPO’s minimum market lot is 2000 shares, requiring an application amount of ₹140,000. This lot size allows retail investors to participate in the IPO with a smaller investment. The maximum retail and S-HNI lots are also equivalent to 2000 shares.

Fonebox Retail IPO Dates

The Fonebox IPO GMP will open on January 24, 2024, and close on January 29, 2024. The basis of allotment will be finalized on January 30, 2024, and refunds will be processed on January 31, 2024. The credit to the demat account will also take place on January 31, 2024. The listing of the IPO is expected on February 1, 2024.

Investors can check the IPO subscription status and allotment status on the respective pages.

Fonebox Retail Company Financial Report

YearRevenue (in Crores)Expenses (in Crores)PAT (in Crores)
2021₹0.10₹0.12₹0.02
2022₹90.92₹90.74₹0.13
2023₹196.26₹194.07₹1.60
2024*₹140.23₹138.07₹1.55*

Fonebox Retail IPO Valuation – FY2023

The valuation of Fonebox Retail’s IPO in FY2023 showcases positive financial indicators. The Earning Per Share (EPS) stands at ₹2.35 per Equity Share, indicating the company’s profitability. The Price/Earning P/E Ratio is 2.35, reflecting the relation between the price of the shares and the earnings generated. The Return on Net Worth (RoNW) is an impressive 76.15%, showcasing the company’s ability to generate returns for its shareholders. The Net Asset Value (NAV) stands at ₹42.05 per Equity Share, reflecting the value of the company’s assets per share.

Peer Group

Fonebox Retail’s peers in the IPO market include Jay Jalaram Technologies Limited and Bhatia Communications & Retail (India) Limited. This peer group comparison helps investors analyze Fonebox Retail’s performance in relation to other similar companies in the industry.

Company Promoters

The promoters of Fonebox Retail IPO are Mr. Manishbhai Girishbhai Patel, Mr. Jigar Lallubhai Desai, Mr. Parth Lallubhai Desai, Mr. Jigneshkumar Dashrathlal Parekh, and Mr. Amitkumar Gopalbhai Patel. These individuals play a crucial role in the company’s management and strategic decision-making.

Fonebox Retail IPO Registrar

Kfin Technologies Limited is the registrar for the Fonebox Retail IPO. Investors can contact them at 04067162222 or 04079611000, or email foneboxretail.ipo@kfintech.com. For more information, visit their website at https://kosmic.kfintech.com/ipostatus/.

Fonebook IPO – Holding:

  • Certainly! Here are the details regarding the offerings for different investor categories in the context you provided:

    Offer of QIB (Qualified Institutional Buyers) Shares:

    a maximum of fifty percent of the net offer.
    Offer for Retail Shares:

    A minimum of 35.0% of the Offer.
    Offer for NII (Non-Institutional Investors – HNI) Shares:

    Not less than 15.00% of the Offer. (Fonebook IPO GMP)

Remaining time left to APPLY

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FAQs on Fonebox IPO GMP Grey Market Premium Today:

The Fonebox IPO GMP is ₹120 as of today.

The Fonebox IPO Kostak Rate is ₹- as of today.

The Fonebox IPO Subject to Sauda is ₹1,70,000 as of today.

The Fonebox IPO is expected to generate a return of 171%.

Check Fonebox Allotment Status

Disclaimer:

Please be aware that the Fonebox IPO GMP (IPO GMP) is only available for use on the date shown in the heading. Kindly note that we do not participate in the purchase or sale of initial public offerings (IPO) forms on the IPO Grey Market. In addition, the Kostak Rate is the premium that is earned when selling an IPO application to a third party off-market before the issue is allocated or listed. When purchasing an IPO purely on the basis of the premium price, please proceed with caution since the price may change before the offering. Before choosing an investment, we strongly advise you to carefully review each company’s fundamentals.

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