Fonebox Retail Ltd - IPO

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