Fonebox Retail  IPO

Fonebox Retail Limited IPO

Fonebox Retail Limited's IPO offers 29.1 lakh fresh equity shares at a price band of INR 66-70, intending to fund working capital needs and cover general and issue expenses.

Important Details

Date: Jan 25 to Jan 30, 2024 Listing Date: Feb 2, 2024 Price: INR 66-70 per share Lot Size: 2000 shares Total Issue Size: INR 20.37 crores

Fundamental Analysis

Fonebox Retail's IPO signals robust revenue and profit, but rising expenses, debt, and slowing inventory turnover raise investor caution. Analyze carefully.

Peer Comparison

Fonebox Retail has strong revenue, high RoNW, and a good NAV. Jay Jalaram Tech has a higher P/E but lower RoNW. Bhatia Comm & Retail has lower revenue and RoNW.


Fonebox Retail allocates INR 13.50 crores for expansion's working capital and diverse corporate purposes for growth, marketing, capex, subsidiary investment, and contingencies.

Risks And Challenges

Fone Box Retail's risks are expired Franchise Agreements, high volume-low margin challenges, and recent negative cash flow affecting business.

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