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The stock of Fonebox Retail was listed at a premium of 186% at Rs 200 on the NSE on Friday against the issue price of Rs 70. The uptick in stock continued as it hit the day's high of Rs 210. At 12:15 pm, it was trading at Rs 207, up by Rs 7 or 3.50% over the listing price.
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"Many home appliance and chip companies would send their chips to us for testing," said Gui. "With the data we have collected, we gradually made standards that meet the needs of the home applianc...
Fonebox IPO allotment Status: Investors can check the allotment status of the SME initial public offering (IPO) of Fonebox Retail on the NSE. The IPO of Fonebox Retail was oversubscribed at 437.79, with over 127.39 crore share bids received against 29.1 lakh equity shares available for subscription. The retail individual investors portion received 85.60 crore shares bids, while the non-institutional investors got over 34.08 crore share bids. The company raised Rs 5.78 crore via anchor allotment, and the IPO is a fresh equity issue of up to 29.1 lakh equity shares.
The retail individual investors portion received 39.22 crore shares bids against the reserved quota while the non-institutional investors got over 9.07 crore share bids as per the data available on the NSE. Meanwhile, the qualified institutional buyers' (QIB) portion received over 21.72 lakh share bids.