April 25, 2022 - April 27, 2022

Fone4 Communications IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Fone4 Communications IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Fone4 Communications IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Fone4 Communications IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company has posted inconsistency in its top line with losses for fiscals 2019, 2020 and 2021. It has earned minuscule profits for 9M of FY22 and still has huge carried forward losses. Though the issue is at par value, there is no harm in skipping it as it has a negative P/E based on FY21 earnings and 143 P/E based on FY22 annualized working. Read detail review...

Fone4 Communications IPO Review by Members

Fone4 Communications IPO Reviews, analysis and views by popular members. Read Fone4 Communications (India) Limited IPO reviews by retail investors to find recommended ipo to buy.

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Fone4 Communications IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	2	0	2	0
%	50.00	0.00	50.00	0.00

Member	Review
somsundar	Neutral Even though turnover is in Crores, PAT is loss April 24, 2022 6:49:07 AM
Learner SK Top Contributor (1000+ Posts, 200+ Likes)	Apply for Listing Gain at Cut-off Price Par price and reasonable LM track record. April 24, 2022 7:19:18 AM
KING VINOD IPO Guru (2500+ Posts, 5400+ Likes)	Neutral Loss making company. So Risk Reward not in our favour. If subscription good then apply only for small listing gains. Don't not expect huge listing gains in this counter. April 24, 2022 2:27:26 PM
Imhilli IPO Guru (1200+ Posts, 700+ Likes)	Apply for at Valuation is good. Loss is reducing consistently over the year and in the present year it is making profits. So it is expected to make progress in profit making April 26, 2022 10:37:18 PM

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