98  Total SME IPOs listed in 2025

4,313.53 Crs.  Total funds raised in 2025

67  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

98  Total SME IPOs listed in 2025

4,313.53 Crs.  Total funds raised in 2025

67  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

98  Total SME IPOs listed in 2025

4,313.53 Crs.  Total funds raised in 2025

67  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

98  Total SME IPOs listed in 2025

4313.53 Crs.  Total funds raised in 2,025.00

67  SME IPOs listed with Gain in 2025

31  SME IPOs listed with loss in 2025

FourFront Limited IPO Peer Comparison

FourFront IPO is a SME Upcoming IPO coming on BSE SME with an IPO size of [●] .
This IPO falls under the Electric Equipments sector, which has seen 51 IPOs to date. Key sector metrics such as average PE ratio, IPO size, EBITDA margin, and PAT margin are compared below with the figures from the FourFront IPO.

FourFront
IPO Details


IPO Industry -
Electric Equipments

IPOs So Far: 51

Issue Size (IPO)

[●]

Total Fund Raised

₹ 1,711.54 Cr.

Average Issue Size

₹ 33.56 Cr.

PE Ratio (IPO)

[●] x

Average PE Ratio

18.3 x

EBITDA Margin (IPO)

22.54 %

Average EBITDA Margin

14.44 %

PAT Margin (IPO)

13.44 %

Average PAT Margin

8.09 %

FourFront
IPO Details

IPO Industry

Electric Equipments

IPOs So Far 51


IPO Fund Raised

[●]

Total Fund Raised

₹ 1,711.54 Cr.

Average Fund Raised

₹ 33.56 Cr.

IPO PE Ratio

[●] x

IPO EBITDA

22.54 %

IPO PAT

13.44 %

Average PE Ratio

18.3 x

Average EBIDTA

14.44 %

Average PAT

8.09 %

Peer Companies of FourFront IPO as Per DRHP

FourFront IPO Peer Comparison with key metrics mentioned in the DRHP.

Company Name
Total RFO
Face Value
Closing Price
Basic EPS
Diluted EPS
NAV per Share
P/E (Basic)
P/E (Diluted)
RoNW
Market Cap
128.66
10
12.29
12.29
34.37
40.01
Minda Corporation Limited
4651.10
2
418.2
9.65
9.49
82.87
43.34
44.07
11.47
9994.98
Remsons Industries Limited
312.3
2
183.99
4.48
4.48
31.9
41.07
41.07
11.97
641.74
316.87
10
509
8.67
8.67
59.93
58.71
58.71
14.47
620
Company Name Total RFO Face Value Closing Price Basic EPS Diluted EPS NAV per Share P/E (Basic) P/E (Diluted) RoNW Market Cap
FourFront Limited 128.66 10 12.29 12.29 34.37 40.01
Minda Corporation Limited 4651.10 2 418.2 9.65 9.49 82.87 43.34 44.07 11.47 9994.98
Remsons Industries Limited 312.3 2 183.99 4.48 4.48 31.9 41.07 41.07 11.97 641.74
Pavna Industries Limited 316.87 10 509 8.67 8.67 59.93 58.71 58.71 14.47 620
Notes

1. Total RFO = Total revenue from operations.
2. Closing price on March 28, 2024 has been taken as the Last Traded Price (LTP) as on March 31, 2024 at BSE.
3. Basic EPS refers to the basic EPS sourced from the annual report/ financial results of the respective company for the year ended March 31, 2024.
4. Diluted EPS refers to the diluted EPS sourced from the annual report/ financial results of the respective company for the year ended March 31, 2024.
5. Net Asset Value per Equity Share for the year ended March 31, 2024 = Closing Net worth as per the Consolidated Financial Statements for the year ended March 31, 2024 / Number of equity shares outstanding as at the end of year ended March 31, 2024 as Adjusted for Bonus Issue.
6. P/E Ratio (Based on Basic EPS) has been computed based on the closing market price of equity shares on BSE on March 28, 2024 divided by the Basic EPS.
7. P/E Ratio (Based on Diluted EPS) has been computed based on the closing market price of equity shares on BSE on March 28, 2024 divided by the Diluted EPS.
8. Return on Net Worth (%) = Net Profit after tax attributable to shareholders of the Company, as per Consolidated Financial Statements for the year ended March 31, 2024/ Closing net worth for the year ended March 31, 2024 as per Consolidated Financial Statements.
9. ‘Net worth’: Net worth means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation.
10. Market Capitalization has been computed based on Number of share outstanding at March 31, 2024 as adjusted for bonus issue multiplied by closing price as computed in Note 2 above.

Source:
(i) Financial information for the Company is derived from the Restated Consolidated Financial Statements for the year ended March 31, 2024.
(ii) All the financial information for listed industry peers mentioned above is on consolidated basis (unless otherwise available only on standalone basis) and is sourced from the annual reports/ financial results as available of the respective company for the year ended March 31, 2024 submitted to stock exchanges or on company’s website as available.

Peer Comparison of FourFront IPO in This Sector

You can do performance analysis for FourFront IPO with Listed IPOs in the Electric Equipments sector and review their IPO performance based on Merchant banker, Listing price, IPO Valuation and other metrics.

Select Listed IPO for Comparison:
Basis
FourFront Limited IPO
vs
vs
vs

IPO Date
[●]


IPO Size
₹ [●]

PE Multiple
[●] X

Listing Price
₹ [●]

IPO Performance Report of Electric Equipments Sector

This IPO report captures the post-listing performance of IPOs in the Electric Equipments sector, featuring key metrics like offer price, listing gain, and CMP to help investors assess return potential and sector sentiment.

NAME OFFER PRICE LISTING PRICE LISTING GAIN CMP CMP %
Pro Fx IPO
Financial Report >>
₹ 87.00 ₹ 95.00 9.20% ₹ 99.75 15%
Supertech EV IPO
Financial Report >>
₹ 92.00 ₹ 73.60 -20.00% ₹ 69.92 -24%
Maxvolt Energy IPO
Financial Report >>
₹ 180.00 ₹ 180.00 [●] ₹ 236.70 32%
Delta Autocorp IPO
Financial Report >>
₹ 130.00 ₹ 175.00 34.62% ₹ 72.55 -44%
Yash Highvoltage IPO
Financial Report >>
₹ 146.00 ₹ 291.25 99.49% ₹ 366.20 151%
United Heat IPO
Financial Report >>
₹ 59.00 ₹ 63.95 8.39% ₹ 72.65 23%
Danish Power IPO
Financial Report >>
₹ 380.00 ₹ 598.50 57.50% ₹ 1044.80 175%
Osel Devices IPO
Financial Report >>
₹ 160.00 ₹ 207.95 29.97% ₹ 286.05 79%
Prizor Viztech IPO
Financial Report >>
₹ 87.00 ₹ 173.55 99.48% ₹ 211.50 143%
Ganesh Green IPO
Financial Report >>
₹ 190.00 ₹ 398.00 109.47% ₹ 491.90 159%
Aimtron Electronics IPO
Financial Report >>
₹ 161.00 ₹ 253.05 57.17% ₹ 666.90 314%
Aspire & IPO
Financial Report >>
₹ 54.00 ₹ 59.30 9.81% ₹ 25.65 -53%
Akanksha Power IPO
Financial Report >>
₹ 55.00 ₹ 65.10 18.36% ₹ 103.30 88%
Supreme Power IPO
Financial Report >>
₹ 65.00 ₹ 98.00 50.77% ₹ 227.30 250%
Electro Force IPO
Financial Report >>
₹ 93.00 ₹ 105.00 12.90% ₹ 49.90 -46%
Vinyas Innovative IPO
Financial Report >>
₹ 165.00 ₹ 346.50 110.00% ₹ 1258.10 662%
Saakshi Medtech IPO
Financial Report >>
₹ 97.00 ₹ 153.30 58.04% ₹ 212.65 119%
Cellecor Gadgets IPO
Financial Report >>
₹ 92.00 ₹ 96.60 5.00% ₹ 36.60 298%
Kundan Edifice IPO
Financial Report >>
₹ 91.00 ₹ 78.75 -13.46% ₹ 122.00 34%
Sungarner Energies IPO
Financial Report >>
₹ 83.00 ₹ 262.35 216.08% ₹ 258.75 212%
Greenchef Appliances IPO
Financial Report >>
₹ 87.00 ₹ 104.00 19.54% ₹ 61.90 -29%
Cell Point IPO
Financial Report >>
₹ 100.00 ₹ 100.00 [●] ₹ 19.50 -81%
Comrade Appliances IPO
Financial Report >>
₹ 54.00 ₹ 87.00 61.11% ₹ 79.99 48%
Macfos Limited IPO
Financial Report >>
₹ 102.00 ₹ 184.00 80.39% ₹ 777.05 662%
Arham Technologies IPO
Financial Report >>
₹ 42.00 ₹ 63.00 50.00% ₹ 90.15 115%
Viviana Power IPO
Financial Report >>
₹ 55.00 ₹ 94.50 71.82% ₹ 1176.45 2039%
Virtuoso Optoelectronics IPO
Financial Report >>
₹ 56.00 ₹ 115.40 106.07% ₹ 509.25 809%
Jay Jalaram IPO
Financial Report >>
₹ 36.00 ₹ 52.50 45.83% ₹ 137.20 281%
Sunrise Efficient IPO
Financial Report >>
₹ 121.00 ₹ 124.80 3.14% ₹ 205.85 70%
Safa Systems IPO
Financial Report >>
₹ 10.00 ₹ 15.73 57.30% ₹ 41.90 319%
Quality RO IPO
Financial Report >>
₹ 51.00 ₹ 53.70 5.29% ₹ 150.00 194%
Alkosign Limited IPO
Financial Report >>
₹ 45.00 ₹ 45.25 0.56% ₹ 111.00 147%
Cospower Engineering IPO
Financial Report >>
₹ 51.00 ₹ 53.10 4.12% ₹ 625.95 1127%
Wonder Fibromats IPO
Financial Report >>
₹ 89.00 ₹ 89.05 0.06% ₹ 161.16 1711%
Suich Industries IPO
Financial Report >>
₹ 75.00 ₹ 71.35 -4.87% ₹ 4.33 -94%
Artemis Electricals IPO
Financial Report >>
₹ 60.00 ₹ 69.85 16.42% ₹ 27.27 -55%
Evans Electric IPO
Financial Report >>
₹ 52.00 ₹ 54.80 5.38% ₹ 242.00 365%
Marine Electricals IPO
Financial Report >>
₹ 66.00 ₹ 66.60 0.91% ₹ 203.73 1443%
Innovative Ideals IPO
Financial Report >>
₹ 40.00 ₹ 45.15 12.88% ₹ 30.40 -24%
Spectrum Electrical IPO
Financial Report >>
₹ 65.00 ₹ 65.50 0.77% ₹ 1521.10 2240%
Powerful Technologies IPO
Financial Report >>
₹ 51.00 ₹ 45.60 -10.59% ₹ 1.95 -96%
ICE Make IPO
Financial Report >>
₹ 57.00 ₹ 68.40 20.00% ₹ 781.00 1270%
Pulz Electronics IPO
Financial Report >>
₹ 54.00 ₹ 64.05 18.61% ₹ 45.15 -16%
Goldstar Power IPO
Financial Report >>
₹ 25.00 ₹ 26.30 5.20% ₹ 9.55 282%
Mehai Technology IPO
Financial Report >>
₹ 40.00 ₹ 34.50 -13.75% ₹ 16.75 -58%
Servotech Power IPO
Financial Report >>
₹ 31.00 ₹ 31.85 2.74% ₹ 146.93 4640%
Shri Ram IPO
Financial Report >>
₹ 19.00 ₹ 22.80 20.00% ₹ 10.10 -47%
Focus Lighting IPO
Financial Report >>
₹ 45.00 ₹ 54.00 20.00% ₹ 106.49 1083%
Creative Peripherals IPO
Financial Report >>
₹ 75.00 ₹ 83.25 11.00% ₹ 659.60 779%
RMC Switchgears IPO
Financial Report >>
₹ 27.00 ₹ 32.40 20.00% ₹ 784.05 2804%
Nitiraj Engineers IPO
Financial Report >>
₹ 100.00 ₹ 94.50 -5.50% ₹ 205.74 106%

Sector wise SME IPO Performance Report Available >>

FourFront IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

Listed Peers IPO Details

FourFront Limited
[●]
IPO Size : [●]
Minda Corporation Limited
[●]
IPO Size : [●]
Remsons Industries Limited
[●]
IPO Size : [●]
Pavna Industries Limited
9th March 2021
IPO Size : 29.70 Cr.
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Explore Other DRHPs

Pro Fx Tech Limited

  Electric Equipments

  Bangalore


Supertech EV Limited

  Electric Equipments - OEM

  New Delhi


Maxvolt Energy Industries Limited

  Electric Equipments

  New Delhi


Delta Autocorp Limited

  Electric Equipments

  Bardhaman


Yash Highvoltage Limited

  Electric Equipments - Transformers

  Vadodara


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Who are the peers of FourFront IPO?

The peers of FourFront , include other listed companies operating in the (Electric Equipments) segment. These peer companies typically offer similar services Some of the notable peers as per the DRHP of this company are FourFront Limited , Minda Corporation Limited Remsons Industries Limited Pavna Industries Limited , .
See the complete list of current IPO

What is Peer Comparison in IPO Analysis?

Peer Comparison is the method of evaluating an entity by comparing its performance, size of business form other entities operating in same industry or sector. It involves financial analysis bycomparing key financial metrics like Profitability, Net worth, Market Capitalization and Leverage. Peer comparison is beneficial for investors to make informed investment decisions and to identify any potential risks. IPO Performance tracker

Why Peer Comparison is important for IPO Review?

Peer comparison helps to identify companies in the same sector with a similar business. It helps to compare the financial performance and valuation against its listed peers. An investor or an analyst can decide whether the IPO price is justified when compared to its peers. An investor can make informed decision whether to apply to IPO or not on basis of peer comparison. Know the process of DRHP and Peer companies Information required to be disclosed in DRHP.

As of now 51 SME IPOs are listed in this sector indicating strong growth in this sector. Choosing the best IPO depends on factors like, financial performance, valuation, market trends and future growth plans. IPO Review and performance.

What is a good PE ratio for an Electric Equipments company?

A good PE Ratio for Electric Equipments sector depends on various factors like, performance of the company, market conditions, company valuation and IPO Size. PE Ratio varies from sector to sector and company to company. Know the average PE Multiple in each sector.

How many companies are listed in the Electric Equipments sector?

Currently 51 companies are listed under Electric Equipments sector. Based on the latest data from the Stock Exchanges. Choose the Best Merchant Banker from the Merchant Banker List

Is FourFront IPO good in comparison with its competitors?

Performance of companies depends on various factors like, profits, future plans, Market share, PE Ratio etc. By assessing these factors investor can make better investment decisions.FourFront Peer comparison provides IPO analysis of companies listed in this sector, on the basis of different Key performance indicators (KPI)like, Listing Gain of peers, current market price, PE Ratio and IPO Size.

Which are the Upcoming IPO in the Electric Equipments sector?

Upcoming IPO refers to companies which have filed their DRHP with the Stock exchange and are awaiting approval from NSE Emerge or BSE SME. 12 companies have filed their DRHP for SME IPO under Electric Equipments sector. .New IPO 2025-2026 and Upcoming IPO

How to calculate the PE multiple based on your sector?

PE Multiple is a metrics that is widely used for IPO Valuation. Merchant bankers in coordination with the company decides the PE Multiple.The PE Multiple depends on various factors and it should be analyzed in coordination with other financial metrics. Know the PE ratio of your company with PE Calculator provided by IPOplatform

Peer Companies Of This Sector

FAQs

FourFront operates in Electric Equipments and Supplier Of Customized Electro-mechanical And Electronic Solutions. The Issue is listed on BSE SME in Jul, 2025. FourFront IPO size was with Issue price of .

FourFront IPO subscription was 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.

FourFront IPO listed at a listing price of against the offer price of .

The current market price of FourFront is .

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