Comparison between Fone4 Communications IPO and Le Merite Exports IPO.
Fone4 Communications IPO is a SME Fixed Price IPO proposed to list at BSE SME while Le Merite Exports IPO is a SME Fixed Price proposed to list at NSE SME.
| Fone4 Communications IPO | Le Merite Exports IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Fedex Securities Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Fone4 Communications IPO is up to ₹6.46 Cr whereas the issue size of the Le Merite Exports IPO is up to ₹45.48 Cr. The final issue price of Fone4 Communications IPO is ₹10.00 per share and of Le Merite Exports IPO is ₹75.00 per share.
| Fone4 Communications IPO | Le Merite Exports IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 1600 shares |
| Fresh Issue Size | 64,60,000 shares | 60,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.46 Cr | up to ₹45.48 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 64,60,000 shares | 60,64,000 shares |
| Issue Size Total (Amount) | up to ₹6.46 Cr | up to ₹45.48 Cr |
Fone4 Communications IPO opens on Apr 25, 2022, while Le Merite Exports IPO opens on Apr 25, 2022. The closing date of Fone4 Communications IPO and Le Merite Exports IPO is Apr 27, 2022, and Apr 28, 2022, respectively.
| Fone4 Communications IPO | Le Merite Exports IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 25, 2022 | Apr 25, 2022 |
| Issue Close | Apr 27, 2022 | Apr 28, 2022 |
| Basis Of Allotment (Tentative) | May 02, 2022 | |
| Initiation of Refunds (Tentative) | May 04, 2022 | |
| Credit of Share (Tentative) | May 05, 2022 | |
| Listing date (Tentative) | May 06, 2022 | May 09, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Fone4 Communications IPO P/E ratio is 142.86, as compared to Le Merite Exports IPO P/E ratio of 11.09.
| Fone4 Communications IPO | Le Merite Exports IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 95.12 | 99.99 | ||||
| Promoter Shareholding (Post-Issue) | 57.18 | |||||
| P/E Ratio | 142.86 | 11.09 | ||||
| Market Cap | ₹17.05 Cr. | ₹176.11 Cr. | ||||
| ROE | 28.99 | |||||
| ROCE | 43.03 | |||||
| Debt/Equity | ||||||
| EPS | ₹-0.57 | ₹41.31 | ||||
| RoNW | 0 | 28.99 |
In the Fone4 Communications IPO Retail Individual Investors (RII) are offered 32,30,000 shares while in Le Merite Exports IPO retail investors are offered 32,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Fone4 Communications IPO and in Le Merite Exports IPO.
| Fone4 Communications IPO | Le Merite Exports IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,40,000 shares | 3,36,000 shares |
| QIB | ||
| NII | 32,30,000 shares | 30,32,000 shares |
| RII | 32,30,000 shares | 30,32,000 shares |
| Employee | ||
| Others | ||
| Total | 64,60,000 shares | 60,64,000 shares |
Fone4 Communications IPO subscribed 14.75x in total, whereas Le Merite Exports IPO subscribed 15.69x.
| Fone4 Communications IPO | Le Merite Exports IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 7.43x | 15.27x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 22.07x | 16.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 14.75x | 15.69x |
