Fone4 Communications (India) Share Price

Fone4 Communications (India) Limited was originally incorporated as private limited Company on May 8, 2014 vide Certificate of Incorporation with the Registrar of Companies, Kerala and Lakshadweep. Subsequently, the Company was converted into Public Limited Company with effect from March 9, 2022. The Company is one of the fastest growing Multi Brand Retail Chain outlet in Kerala and is mainly involved in multibrand retail selling of mobile phones, electronic gadgets, mobile phone accessories, computer/laptop and computer/ laptop parts and other electronic consumer durables. Fone4 Communications (India) Limited An online Ecommerce Electronics outfit commenced its business in the year 2014 promoted by its visionary promoter Mr. Sayyed Hamid and headquartered at Cochin, Kerala. Inspired by the growth in the Online ECommerce segment particularly for electronics and electrical gadgets, the Company developed a robust Technological Platform www.fone4.in, wherein customers could buy their desired products through online ECommerce with attractive offers and more particularly during festive and other seasons. The Company has a wide range of offerings through both online as well as offline platform for electronic gadgets and accessories for Smart Phones, Computers, Laptops, Smart Television, Peripherals and accessories, etc. from manufacturers like Apple, Samsung, Oppo, Vivo, Xiaomi, Nokia, Redmi, Techno, Karbonn, One Plus, Dell, Lenovo, Asus, HP, Acer, Avita, TCL, LG, Sansui etc.The Company market products through its network of own showrooms all over the state. The Company gradually started opening up retail stores at strategic locations and presently, has over 25 showrooms spread in major cities of Kerala like Calicut, Cochin, Kollam, Kottayam, Malappuram, Palakkad, Thrissur and Trivandrum. Whilst the retail stores are located to attract greater footfalls. The Company emerged as one of the most trusted online platform outfit for purchase of Electronics gadgets and accessories in Kerala. It has tieup with several reputable brands , to showcase their products, both at Retail Outlets as well as on its online ECommerce portal. In April 2022, Company raised money through IPO by issuing 68,00,000 Equity Shares of Face Value of Rs 10/ each aggregating to Rs 6.8 Crore through Fresh Issue.