IPO IPO-Synopsis
Fone4 Communications (India) Ltd

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Registered Office: 1stFloor 45/692-B Ashna Arcade,Vylopilly Road Thammanam , Ernakulam - 682032 , Kerala , India.
Phone : 91-8606 777 777   Fax:
Email :  cs@fone4.in  
Website :  www.fone4.in
Initial public offer of 68,00,000 equity shares of face value of Rs10 each ("Equity Shares") of Fone4 Communications (India) Limited (the "Company" or the "Issuer") for cash at a price of Rs10 per equity share, at par (the "Issue Price"), aggregating to Rs6.80 crores ("The Issue"), of which 3,40,000 equity shares of face value of Rs10 each for cash at a price of Rs10 per equity share, aggregating to Rs0.34. 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 Rs10 each for cash at a price of Rs10 per equity share, aggregating to Rs6.46 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 Rs10 each and the issue price is Rs10 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-22 27-Apr-22 Rs10.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :10000  Further Multiples of :10000

  Rs 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 Rs10.00  
Projects
To Meet working capital requirementGeneral corporate purposes
Promoted By
Sayyed Hamid
Roudha Zerlina
Listing At
BSE - SME 
Registrar to the Issue
Cameo Corporate Services Ltd