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Fone4 Communications (India) Ltd IPO Details

Fone4 Communications (India) Ltd IPO Details

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Fone4 Communications (India) Ltd IPO Details:

Fone4 Communications (India) Ltd. has announced public offering of 6800000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 10.00 per share. The gross proceeds of the issue are expected to be Rs 680.00 lakhs.

The company's initial public offer (IPO) will open on 25 April 2022 and is expected to close on 27 April 2022, subject to customary closing conditions.

The IPO includes a fresh Issue of 6800000 Equity Shares of the Company at a price of Rs 10.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Fone4 Communications (India) Ltd. anticipates using the proceeds of the issue for.

Finshore Management Services Ltd. as lead manager & CAMEO CORPORATE SERVICES LTD is the registrar, to the issue.

If the Fone4 Communications (India) Ltd is something that you’re looking to invest in come 25 April 2022, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.

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