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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
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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

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Member Review
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)

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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
IPO Guru IPO Guru (2400+ Posts, 5300+ Likes)


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
Learner SK
Top Contributor 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


Even though turnover is in Crores, PAT is loss

April 24, 2022 6:49:07 AM

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