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 Dates | 30 May – 2 June 2022 |
| Price Band | INR37 per share |
| Fresh issue | 36,48,000 shares (INR13.5 crore) |
| Offer For Sale | Nil |
| Total IPO size | 36,48,000 shares (INR13.5 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Fidel Softech Financial Performance
| FY2020 | FY2021 | FY2022 | |
| Revenue | 22.80 | 26.21 | 26.87 |
| Expenses | 18.50 | 21.62 | 20.58 |
| Net income | 3.15 | 3.45 | 4.57 |
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
Fidel Softech IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 18,24,000 | 18,24,000 | 36,48,000 |
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| Day 2 | |||
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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 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 will be available on Bigshare Services’ website. Click on this link to get allotment status.
| IPO Opening Date | 30 May 2022 |
| IPO Closing Date | 2 June 2022 |
| Finalisation of Basis of Allotment | 7 June 2022 |
| Initiation of refunds | 8 June 2022 |
| Transfer of shares to demat accounts | 9 June 2022 |
| Listing Date | 10 June 2022 |
| Opening Price on NSE Emerge | Coming soon |
| Closing Price on NSE Emerge | Coming soon |
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.
