Fidel Softech IPO GMP, Review, Price, Allotment

1
Fidel Softech IPO GMP

Fidel Softech IPO description – Fidel Softech Limited is a LangTech Consulting firm offering technology services with local language UI/UX. The services offered by the company includes IT services including Software development, Infrastructure & Cloud support, Localization including translation, interpretation, software localization & multilingual data creation and Consulting & Staffing services including training.

The company offers bilingual software development capabilities & has engineers speaking in various languages working for Asian markets. Fidel Softech trains its engineers in various languages & technology & works closely with Asian geography clients. The company takes up turnkey projects, product design & development, operational support & manpower augmentation. It has in-house Linguistics and Technology skillsets which provides better control on delivery timelines, quality and pricing and specializes in delivering technology solutions in local language UI/ UX and hence has an advantage to work in regions which has language dependencies.

Its customer base is spread across the globe and exports contributed 86.09% to revenue from operation for the year ended 31 March 2022. The company is ISO/IEC 27001: 2013 and ISO 9001: 2015 certified conforming to the Information Security Management System standard and Quality Management System standard.

Promoters of Fidel Softech – Sunil Sudhakar Kulkarni and Prachi Sunil Kulkarni


Fidel Softech IPO Details

Subscription Dates30 May – 2 June 2022
Price BandINR37 per share
Fresh issue36,48,000 shares (INR13.5 crore)
Offer For SaleNil
Total IPO size36,48,000 shares (INR13.5 crore)
Minimum bid (lot size)3,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE Emerge

Fidel Softech Financial Performance

 FY2020FY2021FY2022
Revenue22.8026.2126.87
Expenses18.5021.6220.58
Net income3.153.454.57
Figures in INR Crores unless specified otherwise

Fidel Softech Offer News


Fidel Softech Offer Valuation (as of FY2022)

Earnings Per Share (EPS): INR4.52
Pre-IPO Price/Earnings (PE ratio): 8.19
Return on Net Worth (RONW): 30.68%
Net Asset Value (NAV): INR14.73 per share


Fidel Softech IPO GMP Daily Trend

DateFidel Softech IPO GMPKostakSubject to Sauda

Fidel Softech IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered18,24,00018,24,00036,48,000
Day 11.971.021.50
Day 22.455.664.06
Day 34.5115.169.83
Day 4131.2964.0097.64
Subscription figures in number of times, at 5 PM

Fidel Softech Offer Registrar

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059,
Maharashtra
Phone: +91 22 6263 8200
Fax. No.: +91 22 6263 8280
Email: [email protected]
Website: www.bigshareonline.com


Fidel Softech IPO Contact Details

Fidel Softech Limited
Unit No. 202, 2nd Floor,
Marisoft 3, West Wing,
Marigold Software IT Park,
Vadgaon Sheri, Pune – 411 014
Phone: 020 – 49007878
Email: [email protected]
Website: www.fidelsoftech.com


Fidel Softech IPO Allotment Status

Fidel Softech IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.


Fidel Softech IPO Timetable

IPO Opening Date30 May 2022
IPO Closing Date2 June 2022
Finalisation of Basis of Allotment7 June 2022
Initiation of refunds8 June 2022
Transfer of shares to demat accounts9 June 2022
Listing Date10 June 2022
Opening Price on NSE EmergeINR59.1 per share (up 59.73% from IPO price)
Closing Price on NSE EmergeINR62.05 per share (up 67.7% from IPO price)

Fidel Softech IPO FAQs

What is Fidel Softech offer size?

Fidel Softech offer size is INR13.5 crore.

What is Fidel Softech IPO Price Band?

Fidel Softech public offer price is INR37 per share.

What is the lot size of Fidel Softech IPO?

Fidel Softech offer lot size is 3,000 shares.

What is Fidel Softech IPO GMP today?

Fidel Softech IPO GMP today is NA per share.

What is Fidel Softech kostak rate today?

Fidel Softech kostak rate today is NA per application.

What is Fidel Softech Subject to Sauda rate today?

Fidel Softech Subject to Sauda rate today is NA per application.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here