IPO : Fone4 Communications (India) Limited

Incorporated in 2014, Fone4 Communications (India) Limited is an online Electronic E-Commerce company. FONE4 Communications (India) Pvt. Ltd is South India’s leading Multi-Brand Retail Chain dealing in International & Indian Brands of Mobile Handsets, Accessories and Electronics Items, having its registered office in Kochi.  The company distributes a wide range of products online and offline such as electronic gadgets and accessories for Smart Phones, Laptops, Smart Television, etc. from major manufacturers such as Apple, Samsung, Oppo, Vivo, Xiaomi, Nokia, Redmi, Techno, Karbonn, One Plus, Dell, Lenovo, Asus, HP, Acer, Avita, TCL, Xiaomi, LG, and Sansui. Fone4 Communications is located in Kerela.

Fone4 Communications has 25 Showrooms with the brand name ‘FONE4’ in all major cities of Kerala including Calicut, Cochin, Kollam, Kottayam, Malappuram, Palakkad, Thrissur, among others.  Inspired by the growth in the Online E-Commerce 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 E-Commerce with attractive offers and more particularly during festive and other seasons. The company’s warehouse is located in Kochi, Kerala.

Competitive Strengths:    

  1. Strategic location and facilities.
  2. Wide distribution and marketing network.
  3. Diversified products portfolio and innovation.

Objectives of the Issue:

  1. To meet the working capital requirements of the company.
  2. To meet the Issue Expenses.
  3. General Corporate Purposes.

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