Fonebox Retail Limited was originally incorporated as 'Fonebox Retail Private Limited' as a Private Limited Company dated February 5, 2021 issued by the Registrar of Companies, Central Registration Centre. Later on, the Company converted into a Public Limited Company, name of the Company changed to 'Fonebox Retail Limited' and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Jaipur dated July 12, 2023.
The Company operate its retail business with multiple brands and retail selling of Smart Phones and allied accessories from manufacturers like Vivo, Apple, Samsung, Oppo, Realme, Nokia, Narzo, Redmi, Motorola, LG and Micromax. It is also engaged in multi-brand retail selling of consumer durable electronics goods like Laptop, Washing Machines, Smart TVs, Air Conditioners, Fridges, etc. from brands like TCL, Haier, Lloyd, Daikin, Voltas, Mi, Realme, OnePlus.
Initially, the Company started their business operations with brand 'Fonebox', for their company owned stores as well as franchise stores. It thereafter, acquired mobilephone business of 11 stores operating under Brand Name of 'My Mobile' from My Mobile Retail Solutions LLP in April, 2021; acquired total business of 37 stores under Brand Name of 'Fonebook' from M/s. HK Retail in June, 2021. In 2022, it acquired business store at Gandhinagar from M/s. Safe Zone in February, 2022 and finally, 2 stores from I Magic Mobile Private Limited through Business Purchase Agreement in April, 2022.
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The Company completed the IPO by issuing 29,10,000 equity shares of face value of Rs 10 each by raising Rs 20.37 crore in January, 2024.
FAQs on Fonebox Retail Ltd
1. Can I buy Fonebox Retail Ltd from PL Capital? ›
Yes, you can invest in Fonebox Retail Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Fonebox Retail Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Fonebox Retail Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Fonebox Retail Ltd pay dividends? ›
Fonebox Retail Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Fonebox Retail Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Fonebox Retail Ltd. is ₹ 77.9 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Fonebox Retail Ltd ? ›
The 52-week high and low of Fonebox Retail Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
