Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Fone4 Communications IPO vs Sonu Infratech IPO

Comparison between Fone4 Communications IPO and Sonu Infratech IPO.

IPO Details

Fone4 Communications IPO is a SME Fixed Price IPO proposed to list at BSE SME while Sonu Infratech IPO is a SME Fixed Price proposed to list at NSE SME.

 Fone4 Communications IPOSonu Infratech IPO
LogoFone4 Communications IPO LogoSonu Infratech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersFinshore Management Services Ltd.Swastika Investmart Ltd.
RegistrarCameo Corporate Services Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Sunflower Broking Pvt.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 Sonu Infratech IPO is up to ₹8.21 Cr. The final issue price of Fone4 Communications IPO is ₹10.00 per share and of Sonu Infratech IPO is ₹36.00 per share.

 Fone4 Communications IPOSonu Infratech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹10.00 per share₹36.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size10000 shares3000 shares
Fresh Issue Size64,60,000 shares22,80,000 shares
Fresh Issue Size (Amount)up to ₹6.46 Crup to ₹8.21 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total64,60,000 shares22,80,000 shares
Issue Size Total (Amount)up to ₹6.46 Crup to ₹8.21 Cr

IPO Timetable

Fone4 Communications IPO opens on Apr 25, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Fone4 Communications IPO and Sonu Infratech IPO is Apr 27, 2022, and May 05, 2022, respectively.

 Fone4 Communications IPOSonu Infratech IPO
Anchor Bid Date
Issue OpenApr 25, 2022Apr 29, 2022
Issue CloseApr 27, 2022May 05, 2022
Basis Of Allotment (Tentative)May 02, 2022May 10, 2022
Initiation of Refunds (Tentative)May 04, 2022May 11, 2022
Credit of Share (Tentative)May 05, 2022May 12, 2022
Listing date (Tentative)May 06, 2022May 13, 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 Sonu Infratech IPO P/E ratio of 15.79.

 Fone4 Communications IPOSonu Infratech 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-Oct-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 5,503.07 4,319.18 2,902.96 2,696.21
Total Revenue 3,239.50 4,076.69 4,114.07 3,412.77
Profit After Tax 104.27 139.80 66.01 64.47
Promoter Shareholding (Pre-Issue)95.1294.28
Promoter Shareholding (Post-Issue)57.1865.45
P/E Ratio142.8615.79
Market Cap₹17.05 Cr.₹28.26 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 Sonu Infratech IPO retail investors are offered 32,30,000 shares. Qualified Institutional Buyers (QIB) are offered in Fone4 Communications IPO and in Sonu Infratech IPO.

 Fone4 Communications IPOSonu Infratech IPO
Anchor Investor Reserveration
Market Maker Reserveration3,40,000 shares1,20,000 shares
QIB
NII32,30,000 shares11,40,000 shares
RII32,30,000 shares11,40,000 shares
Employee
Others
Total64,60,000 shares22,80,000 shares

Bids Received (Subscription)

Fone4 Communications IPO subscribed 14.75x in total, whereas Sonu Infratech IPO subscribed 16.52x.

 Fone4 Communications IPOSonu Infratech IPO
QIB (times)
NII (times)7.43x13.43x
Big NII (times)
Small NII (times)
RII (times)22.07x19.60x
Employee (times)
Other (times)
Total (times)14.75x16.52x