Fone4 Communications (India) Limited IPO Message Board (Page 4)

Any debit messages from any Bank?

Being BSE SME can it be sold at Zerodha

Trading (buy/sell anytime) in all sme ipos can be done in zerodha same like mainboard ipos, no restrictions in anything.
While only applying, we can apply only for NSE sme ipos via zerodha upi, not for bse sme ipo. Anyways for that bank asba is there.

@lokes Thanks 👍

Campus 90
Rainbow 35
Lic 85
Lemerite 9

I applied 2 retail applications in Fone4
Completely skipped Nanavati, although surprising subscription numbers
Saving funds for Le Merite (6 retail applications)
And 1-2 in Campus and Rainbow if fund permits

skipped this one...somehow it didn't fit into my risk appetite. this would be good learning though...a negative networth company with a good gmp & subject to and a small issue...lets c

best wishes to all the applied / allotted

Applied one hni application for 10 lots.. atleast 20% gains should be there on listing..IMO.

Missed applying in hni. Applied 4 apps of 2 lots each.

Applied with one HNI application for 8 lots and one retail for 2 lots

and skipped Nanavati...

Thanks lokes, i will keep this in mind for future.

@bhav: did you allotted or not from your 6 lot application ?

Applied 32 lots in HNI and 2 retail applications . Lets hope for the best.

NII will increase and go upto 10x.

Now it's 7.43x

@lOKES . You are a great asset to this forum . always helping others with your research and knowledge

@Lokes, can you please elaborate on how this adjustment will be done in case hni subscription is less than the retail.

@IPO BHAKT:
In case of fixed price ipos (in sme ipos only), after all technical rejections in both retail and HNI category, then from final subscriptions if retails subscriptions are more than HNI, then as per rule some 253(2) rule of ICDR regulations, they move allocated shares from HNI quota to retail quota means HNI quota decreases and retail quota increases so finally subscription becomes equal in both HNI/retail.
For eg: now here in fone4 ipo, below are current subscriptions, taking this example:
NII      3.24
Retail      17.12
Total      10.18
Then they will move no. of shares from HNI to retail such that Final subscription in both category will be 10.1 approx (assuming no rejections and these as final figures for example).

Recent example, you can check in dhyani tiles ipo BOA.
https://www.chittorgarh.com/ipo_basis_of_allotment/dhyaani-tile-ipo/1238/
it was 1.65 times in HNI and 1.8 times in retail (after rejections), then they made it to 1.72/1.73 in both categories.

Hi Senior Members,
Since this is a fixed price IPO, in case retail is over subscribed say 20x and HNI is only 10x will some of the shares be given to retail so that its 15x each in both? @Lokes let us know your view on this.

Sorry, @ Lokes bhai, didn't see your message. Just saw the oversubscription thing and posted the message. In any case, your views are most authentic, so, didn't want to write over your opinion. In any case later, I saw that query was addressed to you. Apologize.

@Trueinfo : nothing to say sorry here, anyone can put his views, doesn't matter you have seen my message or not....i am also saying based on my experience only. So there is nothing like over writing my opinion :)

Applied 5 application for 2 lots each

is it right to apply third party applications through indusind internat banking. actually it is allowing third party applications even after blocking by sbi. whether applications rejected or not.

Applied one lot retail

Safa systems poised in same business & nearly copy paste to this ipo is available @9.55 ( after making high of 17.37 earlier ), can any one suggest and explain why we all are going for this one and not buying Safa from secondary market .

I bought also safa today as i feel it will go up

@Billion dollar: no idea how long it may take to reach there.....even maruti interiors has not reached priced after listing till now ....but its coming around 11 sometimes so better you can sell there and buy again below 10 if available.....
@dinesh: ya no idea how fone4 is even having any gmp with such financials.....it can be skipped if no need to take risk.....

Appying 4 appln. Of 1 lakh n 3 appln. Of 2 lakh

Double weightage to 2 lakh application over 1 lakh application in SME.

@CheckerCheck: dont worry, then anyways 2 lakh has to be blocked, double money block for double chance, simple. That way you can apply with 3 lots also in HNI if you have money to have more better chances.....

NII subscription not moving so may be skip for me

Hello Members, what will be approximate listing gain for Fone4 Communications?

No IN THE WORLD CAN TELL APPROXIMATE LISTING GAIN