Fourfront IPO vs Watrana Rentals IPO

Comparison between Fourfront IPO and Watrana Rentals IPO.

IPO Details

Fourfront IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Watrana Rentals IPO is a SME Bookbuilding proposed to list at NSE SME.

	Fourfront IPO	Watrana Rentals IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Bookbuilding
Listing At	BSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt.Ltd.	Oneview Corporate Advisors Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker
DRHP	DRHP	DRHP
RHP		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 Watrana Rentals IPO is up to ₹0.00 Cr. The final issue price of Fourfront IPO is and of Watrana Rentals IPO is .

	Fourfront IPO	Watrana Rentals 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	36,10,000 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	36,10,000 shares
Issue Size Total (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr

IPO Timetable

Fourfront IPO opens on , while Watrana Rentals IPO opens on . The closing date of Fourfront IPO and Watrana Rentals IPO is , and , respectively.

	Fourfront IPO	Watrana Rentals 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 Watrana Rentals IPO P/E ratio of .

Fourfront IPO

Watrana Rentals 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

Watrana Rentals Limited Financial Information (Restated)

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	183.35	147.69	95.98	50.44
Total Income	129.49	130.23	86.19	47.67
Profit After Tax	18.93	18.05	8.52	3.94
EBITDA	39.20	37.98	25.49	13.87
Net Worth	50.89	31.96	13.91	5.40
Reserves and Surplus	40.88	31.95	13.90	5.39
Total Borrowing	105.11	93.12	67.50	32.75
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100

Promoter Shareholding (Post-Issue)

P/E Ratio

Market Cap

ROE

43.88%

78.69%

ROCE

53.51%

18.06%

Debt/Equity

0.19

2.91

EPS

RoNW

37.64%

37.19

Shares Offered

In the Fourfront IPO Retail Individual Investors (RII) are offered while in Watrana Rentals IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Fourfront IPO and 0 shares in Watrana Rentals IPO.

	Fourfront IPO	Watrana Rentals IPO
Anchor Investor Reserveration		0 shares
Market Maker Reserveration		0 shares
QIB		0 shares
NII		0 shares
RII		0 shares
Employee		0 shares
Others
Total		0 shares

Bids Received (Subscription)

Fourfront IPO subscribed in total, whereas Watrana Rentals IPO subscribed .

	Fourfront IPO	Watrana Rentals IPO
QIB (times)
NII (times)
Big NII (times)
Small NII (times)
RII (times)
Employee (times)
Other (times)
Total (times)

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