Comparison between Fone4 Communications IPO and Sonu Infratech IPO.
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 IPO | Sonu Infratech 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. | Swastika Investmart Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Sunflower Broking Pvt.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 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 IPO | Sonu 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 Size | 10000 shares | 3000 shares |
| Fresh Issue Size | 64,60,000 shares | 22,80,000 shares |
| Fresh Issue Size (Amount) | up to ₹6.46 Cr | up to ₹8.21 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 | 22,80,000 shares |
| Issue Size Total (Amount) | up to ₹6.46 Cr | up to ₹8.21 Cr |
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 IPO | Sonu Infratech IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Apr 25, 2022 | Apr 29, 2022 |
| Issue Close | Apr 27, 2022 | May 05, 2022 |
| Basis Of Allotment (Tentative) | May 02, 2022 | May 10, 2022 |
| Initiation of Refunds (Tentative) | May 04, 2022 | May 11, 2022 |
| Credit of Share (Tentative) | May 05, 2022 | May 12, 2022 |
| Listing date (Tentative) | May 06, 2022 | May 13, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Fone4 Communications IPO P/E ratio is 142.86, as compared to Sonu Infratech IPO P/E ratio of 15.79.
| Fone4 Communications IPO | Sonu Infratech IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 95.12 | 94.28 | ||||
| Promoter Shareholding (Post-Issue) | 57.18 | 65.45 | ||||
| P/E Ratio | 142.86 | 15.79 | ||||
| Market Cap | ₹17.05 Cr. | ₹28.26 Cr. | ||||
| ROE | 16.38 | |||||
| ROCE | 9.7 | |||||
| Debt/Equity | 3.65 | |||||
| EPS | ₹-0.57 | ₹2.57 | ||||
| RoNW | 0 | 15.14 |
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 IPO | Sonu Infratech IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 3,40,000 shares | 1,20,000 shares |
| QIB | ||
| NII | 32,30,000 shares | 11,40,000 shares |
| RII | 32,30,000 shares | 11,40,000 shares |
| Employee | ||
| Others | ||
| Total | 64,60,000 shares | 22,80,000 shares |
Fone4 Communications IPO subscribed 14.75x in total, whereas Sonu Infratech IPO subscribed 16.52x.
| Fone4 Communications IPO | Sonu Infratech IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 7.43x | 13.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 22.07x | 19.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 14.75x | 16.52x |
