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Fone4 Communications IPO vs Nanavati Ventures IPO

Comparison between Fone4 Communications IPO and Nanavati Ventures IPO.

IPO Details

Fone4 Communications IPO is a SME Fixed Price IPO proposed to list at BSE SME while Nanavati Ventures IPO is a SME Fixed Price proposed to list at BSE SME.

 Fone4 Communications IPONanavati Ventures IPO
LogoFone4 Communications IPO LogoNanavati Ventures IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersFinshore Management Services Ltd.First Overseas Capital Ltd.
RegistrarCameo Corporate Services Ltd.Kfin Technologies Ltd.
Market MakerNikunj Stock Brokers Ltd.Nikunj Stock Brokers Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Fone4 Communications IPO is up to ₹6.46 Cr whereas the issue size of the Nanavati Ventures IPO is up to ₹2.07 Cr. The final issue price of Fone4 Communications IPO is ₹10.00 per share and of Nanavati Ventures IPO is ₹50.00 per share.

 Fone4 Communications IPONanavati Ventures IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹10.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size10000 shares3000 shares
Fresh Issue Size64,60,000 shares4,14,000 shares
Fresh Issue Size (Amount)up to ₹6.46 Crup to ₹2.07 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total64,60,000 shares4,14,000 shares
Issue Size Total (Amount)up to ₹6.46 Crup to ₹2.07 Cr

IPO Timetable

Fone4 Communications IPO opens on Apr 25, 2022, while Nanavati Ventures IPO opens on Apr 25, 2022. The closing date of Fone4 Communications IPO and Nanavati Ventures IPO is Apr 27, 2022, and Apr 27, 2022, respectively.

 Fone4 Communications IPONanavati Ventures IPO
Anchor Bid Date
Issue OpenApr 25, 2022Apr 25, 2022
Issue CloseApr 27, 2022Apr 27, 2022
Basis Of Allotment (Tentative)May 02, 2022May 02, 2022
Initiation of Refunds (Tentative)May 04, 2022May 04, 2022
Credit of Share (Tentative)May 05, 2022May 05, 2022
Listing date (Tentative)May 06, 2022May 06, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Fone4 Communications IPO P/E ratio is 142.86, as compared to Nanavati Ventures IPO P/E ratio of 61.73.

 Fone4 Communications IPONanavati Ventures IPO
Financials
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 3162.46 4927.98 16577.39 14225.44
Total Revenue 2626.86 6380.25 5752.19 15242.89
Profit After Tax -2.24 -10.00 -97.78 -155.34
Summary of financial Information (Restated)
Particulars For the year/period ended (Rs in Lakhs)
  31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1417.95 663.55 286.88 186.62
Total Revenue 1049.52 1131.70 595.10 55.51
Profit After Tax 9.98 11.97 5.39 0.03
Promoter Shareholding (Pre-Issue)95.1271
Promoter Shareholding (Post-Issue)57.1852.19
P/E Ratio142.8661.73
Market Cap₹17.05 Cr.₹8.23 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Fone4 Communications IPO Retail Individual Investors (RII) are offered 32,30,000 shares while in Nanavati Ventures IPO retail investors are offered 32,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Fone4 Communications IPO and in Nanavati Ventures IPO.

 Fone4 Communications IPONanavati Ventures IPO
Anchor Investor Reserveration
Market Maker Reserveration3,40,000 shares24,000 shares
QIB
NII32,30,000 shares2,06,000 shares
RII32,30,000 shares2,06,000 shares
Employee
Others
Total64,60,000 shares4,12,000 shares

Bids Received (Subscription)

Fone4 Communications IPO subscribed 14.75x in total, whereas Nanavati Ventures IPO subscribed 32.52x.

 Fone4 Communications IPONanavati Ventures IPO
QIB (times)
NII (times)7.43x13.86x
Big NII (times)
Small NII (times)
RII (times)22.07x51.17x
Employee (times)
Other (times)
Total (times)14.75x32.52x