IPO Issue Details
Issue Price / Price Band₹37 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size36,48,000 shares (aggregating up to ₹13.50 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 30 May 2022
Subscription CloseThu, 02 Jun 2022
Anchor AllotmentSun, 29 May 2022
Basis of AllotmentTue, 07 Jun 2022
Initiation of RefundsWed, 08 Jun 2022
Credit of Shares to DematThu, 09 Jun 2022
Listing DateFri, 10 Jun 2022
UPI Mandate Deadline2022-06-02
Application & Investment Details
Retail — Min (1 Lots)₹1,11,000 — 3000 shares
Retail — Max (13 Lots)₹1,443,000 (13 Lots)
HNI — Min (2 Lots)₹2,22,000 — 6,000 shares
P/E Ratio (Pre-IPO)11.15x
Net Offer to Public34,62,000 shares (aggregating up to ₹12.81 Cr)
Reserved for Market Maker1,86,000 shares (aggregating up to ₹0.6882 Cr)
Pre-IPO Promoter Holding1,01,02,560 shares
Post-IPO Promoter Holding1,37,50,560 shares
About Fidel Softech Ltd.
Fidel Softech Limited is a LangTech Consulting company that provides technological services with local language user interfaces and user experiences. Fidel Softech Limited was incorporated in 2003 and is located in Pune, Maharashtra.Fidel Softech offers a wide range of services including Software development, Infrastructure & Cloud support, Localization including translation, interpretation, software localization & multilingual data creation and Consulting & Staffing services including training, Software development & Cloud infrastructure support services, localisation services; such as Translation, Interpretation, Content creation, Multilingual data creation, transcription & Annotation for training AI engines, Video subtitling and other video audio services, Data engineering, testing, scripting and tooling services.Fidel Softech Limited's customer base is spread across the globe with a presence in countries like Argentina, Belgium, China, Cyprus, Czech Republic, Dubai, Egypt, Germany, Hong Kong, Ireland, Italy, Japan, Kingdom of Saudi Arabia, Malaysia, Mauritius, Netherlands, New Zealand, Poland, Portugal, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Taiwan, Ukraine, United Arab Emirates, United Kingdom, and the United States of America.Competitive StrengthsOffering technology services with local language UI/ UX.Clients in both domestic and international markets.Wide Service Portfolio.Quality assurance.Leveraging the experience of our promoters.
Objects of the Issue
Fidel Softech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1. Funding working capital requirements.
2
2. General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,01,02,560 shares
Post-IPO Promoter Holding
1,37,50,560 shares