Fourfront IPO vs Topsun Energy IPO

Comparison between Fourfront IPO and Topsun Energy IPO.

IPO Details

Fourfront IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Topsun Energy IPO is a SME Bookbuilding proposed to list at BSE SME.

	Fourfront IPO	Topsun Energy IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	BSE SME	BSE SME
Lead Managers	Beeline Capital Advisors Pvt.Ltd.	Interactive Financial Services Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Bigshare Services Pvt.Ltd.
Market Maker		Aftertrade Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP
Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Fourfront IPO is up to ₹0.00 Cr whereas the issue size of the Topsun Energy IPO is up to ₹0.00 Cr. The final issue price of Fourfront IPO is and of Topsun Energy IPO is .

	Fourfront IPO	Topsun Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size	65,00,000 shares	72,00,000 shares
Fresh Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 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	65,00,000 shares	72,00,000 shares
Issue Size Total (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr

IPO Timetable

Fourfront IPO opens on , while Topsun Energy IPO opens on . The closing date of Fourfront IPO and Topsun Energy IPO is , and , respectively.

	Fourfront IPO	Topsun Energy IPO
Anchor Bid Date
Issue Open
Issue Close
Basis Of Allotment (Tentative)
Initiation of Refunds (Tentative)
Credit of Share (Tentative)
Listing date (Tentative)
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Fourfront IPO P/E ratio is , as compared to Topsun Energy IPO P/E ratio of .

Fourfront IPO

Topsun Energy IPO

Financials

Fourfront Limited Financial Information (Restated)

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	96.29	89.08	66.44	46.82
Total Income	72.27	130.23	71.97	53.20
Profit After Tax	9.52	20.99	13.62	10.23
EBITDA	15.96	32.20	20.79	15.82
Net Worth	63.30	55.78	39.91	30.86
Reserves and Surplus	46.46	55.74	39.86	30.80
Total Borrowing	6.86	10.36	10.14	7.25
Amount in ₹ Crore

Topsun Energy Limited Financial Information (Restated Standalone)

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	134.36	104.53	61.11	69.40
Total Income	141.02	105.48	66.70	93.48
Profit After Tax	8.31	3.11	-2.24	0.55
EBITDA	16.89	8.97	0.85	5.01
Net Worth	38.32	30.01	26.90	29.13
Reserves and Surplus	27.07	18.76	15.65	17.88
Total Borrowing	48.40	45.78	27.89	25.52
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100

99.36

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

43.88%

24.33%

ROCE

53.51%

19.74%

Debt/Equity

0.19

1.26

EPS

RoNW

37.64%

10.37%

Shares Offered

In the Fourfront IPO Retail Individual Investors (RII) are offered while in Topsun Energy IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Fourfront IPO and in Topsun Energy IPO.

	Fourfront IPO	Topsun Energy IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB
NII
RII
Employee
Others
Total

Bids Received (Subscription)

Fourfront IPO subscribed in total, whereas Topsun Energy IPO subscribed .

	Fourfront IPO	Topsun Energy IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

Compare with others

Fourfront IPO	Topsun Energy IPO
JD Cables IPO	Milan Ginning Pressing IPO
Abril Paper Tech IPO	Bai Kakaji Polymers IPO
Milan Ginning Pressing IPO	Watrana Rentals IPO
Bai Kakaji Polymers IPO	Fourfront IPO
Watrana Rentals IPO	K K Silk Mills IPO
K K Silk Mills IPO	Aptus Pharma IPO
Topsun Energy IPO	Vegorama Punjabi Angithi IPO
Aptus Pharma IPO	Sunsky Logistics IPO
Vegorama Punjabi Angithi IPO	Workmates Core2Cloud IPO
Sunsky Logistics IPO	Purple Wave Infocom IPO