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Fone4 Communications (India) IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Ernakulam and caters to E-Commerce sector. Finshore Management Services is the merchant banker of Fone4 Communications (India) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st March 2022.
Fone4 Communications (India) IPO open date is 25th April 2022 and close date is 27th April 2022. IPO Allotment Date is 2nd May 2022 and Listing date is 6th May 2022.
IPO
Size:
₹ 6.80 Cr.
Avg IPO Size (Sector Based)
: ₹
24.22 cr.
Sector: E-Commerce
SME
IPO so far:
6
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
Ernakulam
SME
IPO so far:
3
Revenue (annualised):
₹
52.54
cr. 
PE
Ratio:
0.00x
Average Sector PE Ratio: 10.18x
Fone4 Communications (India) IPO size is ₹ 6.80 Cr. with IPO price of ₹ 10.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Fone4 Communications (India) IPO. Cameo Corporate Services Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Fone4 Communications (India) IPO.
Fone4 Communications (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Fone4 Communications (India) IPO, based in Ernakulam, operates in the E-Commerce sector with a focus on E-commerce Electronics business. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Fone4 Communications (India) IPO size is ₹ 6.80 Cr. with fresh issue size of ₹ 6.80 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Fone4 Communications (India) IPO is expected to be 2nd May 2022, after the finalization of basis of allotment. Investors can check Fone4 Communications (India) IPO allotment status on the registrars website, Cameo Corporate Services Limited. Fone4 Communications (India) IPO refund dates are 4th May 2022.
Fone4 Communications (India) IPO is expected to be listed on 6th May 2022.
The upper price band for the Fone4 Communications (India) IPO is set at ₹ 10.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Fone4 Communications (India) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Fone4 Communications (India) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th April 2022. After submission, funds are blocked until the basis of allotment of Fone4 Communications (India) IPO is finalised.
The merchant banker for Fone4 Communications (India) IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Fone4 Communications (India) IPO RHP for further details.
The registrar for Fone4 Communications (India) IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Fone4 Communications (India) IPO through their official website or helpline.
Fone4 Communications (India) IPO was subscribed 14.75 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 6.80 Cr.
Avg IPO Size (Sector Based)
:
₹ 24.22 Cr.
Sector: E-Commerce
SME
IPO so far:
6
Merchant Banker:
Finshore Management
SME
IPO by BRLM so far:
48
City:
Ernakulam
SME
IPO so far:
3
Revenue (annualised):
₹ 83.92 cr.
PE
Ratio:
0.00x
Average Sector PE Ratio: 10.18x
Fone4 Communications (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Fone4 Communications (India) Financial Review Page
Merchant Banker(s) of Fone4 Communications (India) IPO: Finshore Management Services Limited
Fone4 Communications (India) IPO subscription was 14.75 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Fone4 Communications (India) IPO listed at a listing price of 9.50 against the offer price of 10.00.
The current market price of Fone4 Communications (India) is 13.35.
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