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.
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| Fidel Softech Limited NSE SME IPO: Details, Review, Allotment date and Subscription Status |
| Particulars (₹ in Cr.) | Finacial Year 2022 | Finacial Year 2021 | Finacial Year 2020 |
|---|---|---|---|
| Total Revenue | ₹ 26.87 | ₹ 26.21 | ₹ 22.80 |
| Profit After Tax | ₹ 4.57 | ₹ 3.45 | ₹ 3.15 |
| IPO Size: | 36,48,000 Equity Shares (aggregating up to ₹13.50 Crore) |
| Bid Lot: | 3000 Equity Shares and in Multiples thereof |
| Price Band: | ₹37.00 - ₹37.00 Per Share |
| Minimum Bid Lot: | 1 Lot (3000 Equity Shares) |
| Minimum Bid Amount: | ₹1,11,000.00 at cut-off price. |
| Maximum Bid Lot: | 1 Lot (3000 Equity Shares) |
| Maximum Bid Amount: | ₹1,11,000.00 at cut-off price. |
| Listing on: | NSE |
| Face Value: | ₹ 10 |
| Retail Quota: | Not less than 50% of the Net Issue |
| QIB Quota: | Not more than % of the Net Issue |
| NII Quota: | Not less than 50% of the Net Issue |
| Listing Name: | FIDEL |
| Above information source: SEBI official site. | |
| Company Name | GMP(grey market Premium) | Kostak Price |
|---|---|---|
| ALL IPO GMP (grey market premium) Today and Kostak Price | ||
| Disclaimer: Stock Market investments are subject to market risks, read all scheme related documents carefully before investing. All the information provided on our IPO Portal is for Reaserch purpose only. I do not claim any facts, and figure mentioned here. Source: SmartInvestment |
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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.
Fidel Softech Limited IPO Review
- Object of the issue: Funding working capital requirements and General corporate purposes.
- The average cost of acquisition of equity share by the promoters is only Rs. 0.25 and offer price is Rs. 37 per share.
- Apart from initial equity capital at par it has issued further equity at Rs. 390.01 per share in Sept. 2007
- It has also issued bonus shares in the ratio of 39:L1 in March 22 before filing DRHP
- Product development is along expensive and uncertainty process
- Top-10 customers contribute 74.77% of revenue.
- It has negative cash flow in the past years.
- Any increase in interest rate would have adverse effect on company's result
- It requires significant announcement of working capital for continued growth.
- It operates in a competitive environment.
- Company does not own registered office
Recommendation: On financial performance front it has posted steady growth in top lines and bottom lines for the reported financial data. Thought its valuations parameters are slightly high, however considering more than 84% export income investors may apply for long term prospective.
Disclaimer: Stock Market investments are subject to market risks, read all scheme related documents carefully before investing.
Source: Smart Investment
| IPO Open: | 30-May-2022 |
| IPO Close: | 02-Jun-2022 |
| Modification Period: | 03-Jun-2022 (10.00 A.M. to 11.00 A.M.) |
| Cut-off time for UPI Mandate Confirmation: | 03-Jun-2022 (upto 12:00 P.M.) |
| Allotment Date: | 07 Jun 2022 |
| Refunds Date: | 08 Jun 2022 |
| Credit of Shares to Demat Account: | 09 Jun 2022 |
| IPO Listing Date: | 10 Jun 2022 |
| Above information source: SEBI official site. | |