Comparison between Fone4 Communications IPO and Globesecure Technologies IPO.
IPO Details
Fone4 Communications IPO is a SME Fixed Price IPO proposed to list at BSE SME while Globesecure Technologies IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Fone4 Communications IPO is up to ₹6.46 Cr whereas the issue size of the Globesecure Technologies IPO is up to ₹9.60 Cr. The final issue price of Fone4 Communications IPO is ₹10.00 per share and of Globesecure Technologies IPO is ₹29.00 per share.
IPO Timetable
Fone4 Communications IPO opens on Apr 25, 2022, while Globesecure Technologies IPO opens on May 23, 2022. The closing date of Fone4 Communications IPO and Globesecure Technologies IPO is Apr 27, 2022, and May 25, 2022, respectively.
| | Fone4 Communications IPO | Globesecure Technologies IPO |
|---|
| Issue Open | Apr 25, 2022 | May 23, 2022 |
| Issue Close | Apr 27, 2022 | May 25, 2022 |
| Basis Of Allotment (Tentative) | May 02, 2022 | May 30, 2022 |
| Initiation of Refunds (Tentative) | May 04, 2022 | May 31, 2022 |
| Credit of Share (Tentative) | May 05, 2022 | May 31, 2022 |
| Listing date (Tentative) | May 06, 2022 | Jun 02, 2022 |
Financials & KPIs
Fone4 Communications IPO P/E ratio is 142.86, as compared to Globesecure Technologies IPO P/E ratio of 17.9.
Shares Offered
In the Fone4 Communications IPO Retail Individual Investors (RII) are offered 32,30,000 shares while in Globesecure Technologies IPO retail investors are offered 32,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Fone4 Communications IPO and in Globesecure Technologies IPO.
| | Fone4 Communications IPO | Globesecure Technologies IPO |
|---|
| Market Maker Reservation | 3,40,000 shares | 1,80,000 shares |
| NII | 32,30,000 shares | 16,56,000 shares |
| RII | 32,30,000 shares | 16,56,000 shares |
| Total | 64,60,000 shares | 33,12,000 shares |
Bids Received (Subscription)
Fone4 Communications IPO subscribed 14.75x in total, whereas Globesecure Technologies IPO subscribed 14.17x.
