Comparison between Fone4 Communications IPO and Rachana Infrastructure IPO.
Fone4 Communications IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rachana Infrastructure IPO is a SME Fixed Price proposed to list at NSE SME.
| Fone4 Communications IPO | Rachana Infrastructure 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. | Interactive Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| 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 Rachana Infrastructure IPO is up to ₹72.44 Cr. The final issue price of Fone4 Communications IPO is ₹10.00 per share and of Rachana Infrastructure IPO is ₹135.00 per share.
| Fone4 Communications IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹10.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 10000 shares | 1000 shares |
| Fresh Issue Size | 64,60,000 shares | 25,41,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.46 Cr | up to ₹34.30 Cr |
| OFS Issue Size | 0 shares | 28,25,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹38.14 Cr |
| Issue Size Total | 64,60,000 shares | 53,66,000 shares |
| Issue Size Total (Amount) | up to ₹6.46 Cr | up to ₹72.44 Cr |
Fone4 Communications IPO opens on Apr 25, 2022, while Rachana Infrastructure IPO opens on May 20, 2022. The closing date of Fone4 Communications IPO and Rachana Infrastructure IPO is Apr 27, 2022, and Jun 02, 2022, respectively.
| Fone4 Communications IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 25, 2022 | May 20, 2022 |
| Issue Close | Apr 27, 2022 | Jun 02, 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 | Jun 10, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Fone4 Communications IPO P/E ratio is 142.86, as compared to Rachana Infrastructure IPO P/E ratio of 138.
| Fone4 Communications IPO | Rachana Infrastructure IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.12 | 83.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 57.18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 142.86 | 138 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹17.05 Cr. | ₹256.75 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Fone4 Communications IPO Retail Individual Investors (RII) are offered 32,30,000 shares while in Rachana Infrastructure IPO retail investors are offered 32,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Fone4 Communications IPO and in Rachana Infrastructure IPO.
| Fone4 Communications IPO | Rachana Infrastructure IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 3,40,000 shares | 2,84,000 shares |
| QIB | ||
| NII | 32,30,000 shares | 26,83,000 shares |
| RII | 32,30,000 shares | 26,83,000 shares |
| Employee | ||
| Others | ||
| Total | 64,60,000 shares | 53,66,000 shares |
Fone4 Communications IPO subscribed 14.75x in total, whereas Rachana Infrastructure IPO subscribed 1.21x.
| Fone4 Communications IPO | Rachana Infrastructure IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 7.43x | 1.82x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 22.07x | 0.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 14.75x | 1.21x |
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