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Fone4 Communications (India) Limited IPO Message Board (Page 6)

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5. KING VINOD |   Link |  Bookmark | April 21, 2022 10:37:37 PM
IPO Guru IPO Guru (2400+ Posts, 5100+ Likes)
Fine4 Comm Ltd
GMP Rs 1.30 / 1.50
4. AMIT IND |   Link |  Bookmark | April 21, 2022 10:12:10 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
This one is copy paste of safa systems. Only highlight is that issue is at par . Today as safa system is also available @10, why should go for this. even in such fast growth sector with good sales there is marginal loss.
3. Anuragsinghal |   Link |  Bookmark | April 19, 2022 12:17:12 PM
It reminds me about Safa systems, almost everything is identical,

same lead managers
same registrar
same issue price
same kerala based company,

almost same segment.

interesting, isnt it ?

Note : Safa gave 57% gains on listing.
3.4. Avenue |   Link |  Bookmark | April 19, 2022 5:31:22 PM
@Ravu... after listing at 17 it nose dived to 8.5 too. Now hovering around 10.8-11.0, this 2nd companies issue could be the reason. Safa had huge subscription, I will wait till last day..
3.5. Ravu |   Link |  Bookmark | April 19, 2022 7:05:55 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
@Avenue , Yes , only looking for some listing gain based on subscription. This field have high competition and margin is very less.
2. badluck |   Link |  Bookmark | April 19, 2022 11:09:51 AM (200+ Posts)
Lokes ji
1. badluck |   Link |  Bookmark | April 19, 2022 10:40:28 AM (200+ Posts)
annant and likes your advise required on the same