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IPO Details


Fone4 Communications (India) Ltd
Registered Office: 1stFloor 45/692-B Ashna Arcade, Vylopilly Road Thammanam, Ernakulam - 682032, Kerala
Phone: 91-8606 777 777
Email: cs@fone4.in
Website: www.fone4.in
Initial public offer of 68,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of Fone4 Communications (India) Limited (the Company or the Issuer) for cash at a price of Rs. 10 per equity share, at par (the Issue Price), aggregating to Rs. 6.80 crores (The Issue), of which 3,40,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating to Rs. 0.34. croress will be reserved for subscriptions by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of 64,60,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating to Rs. 6.46 croress is here in after referred to as the Net Issue. The issue and the net issue will constitute 39.88% and 37.89% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is Rs. 10 each i.e., at par of the face value of the equity shares. Bids can be made for a minimum of 10,000 equity shares and in multiples of 10,000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
25-Apr-2022 27-Apr-2022 10.00 0.00
Minimum Application for shares in Nos : 10000 Further Multiples of : 10000
()Cr. Lead Managers to the Issue
Project Cost 6.31 Finshore Management Services Ltd
Project Financed through Current Offer 6.80
Post Issue Equity Share Capital 17.05
Issue Price 10.00
Projects
To Meet working capital requirement
General corporate purposes
Promoted By
Sayyed Hamid
Roudha Zerlina
Listing At
BSE - SME
Registrar to the Issue
Cameo Corporate Services Ltd

INDIAN INDICES

Sensex

84,360.01 1,175.21 (1.41%)

Nifty

25,684.05 268.25 (1.06%)

GLOBAL INDICES

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NASDAQ

18,013.98 440.68 (2.51%)

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