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Fonebox Retail Limited IPO

Fonebox Retail Limited was a SME IPO in the Speciality Retail sector, offered at ₹66–₹70 per share to raise ₹20 crore. It listed on 2 Feb 2024 at ₹200 and closed its first day at ₹210, a listing gain of +200.0% versus the ₹70 issue price. It now trades around ₹130 (+85.7% versus the issue price).

Frequently asked questions

What were the Fonebox Retail Limited IPO listing gains?
Fonebox Retail Limited listed on 2 Feb 2024 at ₹200, closing its first day at ₹210 — a listing gain of +200.0% versus the ₹70 issue price.
What was the price band and lot size of the Fonebox Retail Limited IPO?
The price band was ₹66–₹70 per share, with a minimum lot of 2,000 shares (₹1,40,000 at the upper band).
Who were the registrar and lead manager for the Fonebox Retail Limited IPO?
Kfin Technologies Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.