Fone4 Communications IPO Subscription Details (Live Status)

Fone4 Communications IPO Details

IPO Open Apr 25, 2022
IPO Close Apr 27, 2022
IPO Price ₹10
Face Value ₹10
IPO Size ₹6.80 Cr
Listing At BSE SME
Lot Size 10000
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Fone4 Communications IPO Subscription Status Live

Fone4 Communications IPO subscribed 14.75 times. The public issue subscribed 22.07 times in the retail category, [.] times in QIB, and 7.43 times in the NII category by Apr 27, 2022.

Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers7.43
Retail Investors22.07

Fone4 Communications IPO Subscription Details (times)

Day 1
Apr 25, 2022
Day 2
Apr 26, 2022
Day 3
Apr 27, 2022

Fone4 Communications IPO Shares Offered

Fone4 Communications IPO is a public issue of 6,460,000 equity shares. The issue offers 3,230,000 shares to retail investors, 0 shares to qualified institutional buyers, and 3,230,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Fone4 Communications IPO Subscription FAQs

The Fone4 Communications IPO is subscribed 14.75 by Apr 27, 2022.

Fone4 Communications IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional[.]
Non Institutional7.43
Retail Individual22.07
Employee Reservations[.]
Total Subscription14.75

Retail category of Fone4 Communications IPO subscribed 22.07 times as of date Apr 27, 2022. The public issue closes on 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 14.75 by Apr 27, 2022.

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

The Fone4 Communications IPO listing date is Friday, May 6, 2022. The equity share of Fone4 Communications (India) Limited 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 OnApr 25, 2022
IPO Closes OnApr 27, 2022
Finalisation of Basis of AllotmentMay 2, 2022
Initiation of RefundsMay 4, 2022
Credit of Shares to Demat AccountMay 5, 2022
IPO Listing DateMay 6, 2022