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.
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.
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 IPO | Nanavati Ventures IPO |
|---|
| Issue Open | Apr 25, 2022 | Apr 25, 2022 |
| Issue Close | Apr 27, 2022 | Apr 27, 2022 |
| Basis Of Allotment (Tentative) | May 02, 2022 | May 02, 2022 |
| Initiation of Refunds (Tentative) | May 04, 2022 | May 04, 2022 |
| Credit of Share (Tentative) | May 05, 2022 | May 05, 2022 |
| Listing date (Tentative) | May 06, 2022 | May 06, 2022 |
Financials & KPIs
Fone4 Communications IPO P/E ratio is 142.86, as compared to Nanavati Ventures IPO P/E ratio of 61.73.
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 IPO | Nanavati Ventures IPO |
|---|
| Market Maker Reservation | 3,40,000 shares | 24,000 shares |
| NII | 32,30,000 shares | 2,06,000 shares |
| RII | 32,30,000 shares | 2,06,000 shares |
| Total | 64,60,000 shares | 4,12,000 shares |
Bids Received (Subscription)
Fone4 Communications IPO subscribed 14.75x in total, whereas Nanavati Ventures IPO subscribed 32.52x.
