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Fidel Softech IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Pune and caters to Information Technology - Data Solutions sector. Shreni Shares is the merchant banker of Fidel Softech IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd April 2022.
Fidel Softech IPO open date is 30th May 2022 and close date is 2nd June 2022. IPO Allotment Date is 7th June 2022 and Listing date is 10th June 2022.
IPO
Size:
₹ 13.51 Cr.
Avg IPO Size (Sector Based)
: ₹
21.63 cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
48
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Pune
SME
IPO so far:
36
Revenue (annualised):
₹
26.87
cr. 
PE
Ratio:
11.15x
Average Sector PE Ratio: 18.61x
Fidel Softech IPO size is ₹ 13.51 Cr. with IPO price of ₹ 37.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the Fidel Softech IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Private Limited for Fidel Softech IPO.
Fidel Softech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Fidel Softech IPO, based in Pune, operates in the Information Technology - Data Solutions sector with a focus on soft dev content creation cloud support. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Fidel Softech IPO size is ₹ 13.51 Cr. with fresh issue size of ₹ 13.51 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Fidel Softech IPO is expected to be 7th June 2022, after the finalization of basis of allotment. Investors can check Fidel Softech IPO allotment status on the registrars website, Bigshare Services Private Limited. Fidel Softech IPO refund dates are 8th June 2022.
Fidel Softech IPO is expected to be listed on 10th June 2022.
The upper price band for the Fidel Softech IPO is set at ₹ 37.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Fidel Softech IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Fidel Softech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd June 2022. After submission, funds are blocked until the basis of allotment of Fidel Softech IPO is finalised.
The merchant banker for Fidel Softech IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Fidel Softech IPO RHP for further details.
The registrar for Fidel Softech IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Fidel Softech IPO through their official website or helpline.
Fidel Softech IPO was subscribed 102.89 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 13.51 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.63 Cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
48
Merchant Banker:
Shreni Shares
SME
IPO by BRLM so far:
47
City:
Pune
SME
IPO so far:
36
Revenue (annualised):
₹ 26.31 cr.
PE
Ratio:
11.15x
Average Sector PE Ratio: 18.61x
Fidel Softech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Fidel Softech Financial Review Page
Merchant Banker(s) of Fidel Softech IPO: Shreni Shares Limited
Fidel Softech IPO subscription was 102.89 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Fidel Softech IPO listed at a listing price of 62.05 against the offer price of 37.00.
The current market price of Fidel Softech is 133.85.
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