About Fonebox Retail Limited Ipo
Fonebox Retail Limited is engaged in the business of multi- brand retail chains selling smartphones and accessories. Fonebook sells smartphones of prominent brands like Samsung, OPPO, Apple, Redmi, Motorola, LG, Micromax. Additionally, they are also engaged in business selling consumer durables like Laptop, AC, Washing Machine, Refrigerators etc. of brands like Voltas, Realme, Mi, Haier etc. Fonebook has a portfolio of retail stores with different brands. Company started its operations with a brand name Fonebox for their company owned stores as well as for franchises. Later, to expand the business, the company acquired famous mobile phone retail store brands like “Fonebook” and “My Mobile” in 2021. Over the years, they have expanded their operations by aggressive acquisitions. As of January 2024, the company operates 124 stores from Gujarat. Out of 143, 39 stores are company owned and other 104 are franchise.
