i. Sayyed Hamid, aged 43 years, is an entrepreneur from Kerala settled in Kochi with astute business acumen and foresight. Over the last 15 years, he has diversified into Retail, Hospitality and Distribution businesses across South India. His journey as a businessman started in 1997 from a small room that his father owned in Kochi’s Penta Menaka which is now the hub for all kinds of electronic gadgets. Unlike many of his contemporaries he didn’t inherit a business empire but build it from scratch from that one room shop that he personally managed in along with two assistants. Right from the days of his first store, he brought in a personal touch in customer service & after sales service. This helped in developing a very good rapport with his clients. Mobile & automobile are the twin passions of Sayyed Hamid, and he owns one of the popular retail chain in Kerala for electronic gadgets. ii. Roudha Zerlina, aged 36 is the wife of Sayyed Hamid. She is a B.com Graduate. After studies she had built a one of its kind dessert brands named pudding jar on her own especially for wide varieties of desserts in Bangalore, Karnataka. Pudding Jar’s 1st outlet was opened on Feb 14, 2020 at Frazer town Bangalore. Later expanded to 3 more new outlets at Bangalore itself. She is also adding value to the business of FONE4 Communications (India) Ltd as a Non-Executive Director of the company. iii. Sayyed Haris Sayyed Imbichi, aged 26 Years is an entrepreneur from Kerala settled in Kochi with astute business acumen and foresight. He has started working with heavy equipment rental business supported his father in Jeddah Kingdom of Saudi Arabia. He has completed his B Com. from Calicut University, is pursuing ACCA. He is the Executive Director and CFO of the Company.

There are no listed company in the market with same business.

Review and Recommendation of Fone4 Communication Limited IPO by InvestorZone is 2/10 1. There is a reduction in the revenue in the last 3 years. They have total 25 showrooms through which they sell products. And, also have online e-commerce website. Physical stores were affected due to Covid-19 and also these days very few people are buying phone from showrooms. Their online website has almost no traffic. Per day traffic is only 150 users. So, they have almost no sales from the online website. 2. They are continuously making losses at the PAT level in Fy19, Fy20 and Fy21. Due to this the total net-worth has reduced to negative. 3. Balance Sheet is very weak. 4. With Negative PAT nothing can be work out on valuation by evaluating P/E. 5. Asking Mcap is 1.7 Cr*10 = 17 Crores.

Fone4 Communications (India) Limited 1st Floor, 45/692-B, Ashna Arcade, Vylopilly Road, Thammanam Ernakulam 682032, Phone: +91 8606 777 777 Email: cs@fone4.in Website: https://www.fone4.in/