Fone4 Communications IPO Subscription Details

Fixed Price IPO | ₹7 Cr | Listed at BSE SME | Mon, Apr 25, 2022 - Wed, Apr 27, 2022

Basis of Allotment - Fone4 Communications IPO

Details NII Retail Total
Allocation (No. of shares)32,30,00032,30,00064,60,000
Allotment price (Rs.)101010
No.of applications1524,6074,759
No.of shares applied1,95,20,0004,73,70,0006,68,90,000
Amount collected (Rs.cr.)19.52 47.37 66.89
No.of times subscribed6.0414.6710.35
No.of shares allotted18,80,00045,80,00064,60,000
Amount (Rs.cr.)1.88 4.58 6.46
No.of allottees90458548

IPO Shares Offered

Fone4 Communications IPO is a public issue of 0.65 Cr equity shares. The issue offers 0.32 Cr shares to retail investors , 0.32 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,40,0000.34 5.00%
Other 32,30,0003.23 47.50%
Retail32,30,0003.23 47.50%
Total68,00,0006.80 100%

IPO Subscription FAQs

The Fone4 Communications IPO is subscribed 14.7539 times by Apr 27, 2022 19:51.

Fone4 Communications IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional7.4334
Retail Individual22.0743
Total Subscription14.7539

Retail category of Fone4 Communications IPO subscribed 22.0743 times as of date Apr 27, 2022 19:51. The public issue closes on Wed, Apr 27, 2022 for bidding.

An investor can apply in Fone4 Communications IPO online via bank (using ASBA) or the broker (using UPI). The Fone4 Communications IPO shares are offered online only.

The Fone4 Communications IPO is subscribed 14.7539 times by Apr 27, 2022 19:51.

The Fone4 Communications IPO allotment status is expected on or around Monday, May 2, 2022. Visit Fone4 Communications IPO allotment status to check.

The Fone4 Communications IPO listing date is May 6, 2022. The equity share of Fone4 Communications IPO will list on BSE SME.

Visit Fone4 Communications IPO subscription status page for real-time bidding information about Fone4 Communications IPO.

Fone4 Communications IPO Timetable

IPO opens OnMonday, April 25, 2022
IPO Closes OnWednesday, April 27, 2022
Finalisation of Basis of AllotmentMonday, May 2, 2022
Initiation of RefundsWednesday, May 4, 2022
Credit of Shares to Demat AccountThursday, May 5, 2022
IPO Listing DateFriday, May 6, 2022
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