HomeIPO SMEFidel Softech IPO Details

Fidel Softech IPO Details

- Advertisement -

Fidel Softech IPO subscription is to open on 30 May 2022 and will close on 2 June 2022, the price band of the Fidel Softech IPO is fixed at ₹ 37. Fidel Softech Limited is a LangTech Consulting firm offering technology services with local language UI/UX. Check the Fidel Softech Subscription Status & Allotment Status.

About Fidel Softech

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

Fidel Softech is a LangTech Consulting firm helping clients with either Technology-Languages- People. Fidel Softech helps the customers to deliver their solutions /products /services to the end-users in their local languages by leveraging technology, localization solutions, and Consulting. The company offers Software development & Cloud infrastructure support services, and localization 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 & tooling services, and Consulting & Staffing services.

Important Details – Fidel Softech

DateDetails
December 24, 2004The company was incorporated as private limited Company under the name “Fidel Softech Private Limited”
April 04, 2022The company was converted into a public limited company and consequently, the name of the company was changed to “Fidel Softech Limited”

Objects of the Issue

  • Funding working capital requirements; and
  • General corporate purposes.

Also Read

Fidel Softech Limited Financials:

- Advertisement -

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 2,010.36 1,758.14 1,005.53
Total income 2,686.78 2,620.61 2,280.41
Total Expenses 2,057.70 2,161.59 1,849.89
Profit After Tax 456.50 345.01 314.75

Fidel Softech IPO Price – Details

DescriptionDetails
Public IssueInitial Public Issue of upto 36,48,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1,349.76 lakhs)
Issue Open  Date30-May-22
Issue Close Date02-Jun-22
Issue TypeFixed Price
IPO Price Band₹ 37
Face Value ₹ 10
Market Lot 3000 Equity Shares and in multiples thereof
Minimum Order Quantity 3000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolFIDEL
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Fidel Softech IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum13000₹ 1,11,000
Maximum13000₹ 1,11,000

Fidel IPO Lead Managers

  • Shreni Shares Private Limited

Fidel IPO Registrar

Fidel IPO Allotment Date, Listing Date and other Important Dates

DetailsDates
Bid / Offer Opens on30-May-22
Bid / Offer Closes on02-Jun-22
Finalisation of Basis of Allotment07-May-22
Initiation of refunds 08-May-22
Credit of the Equity Shares09-May-22
Listing Date10-May-22

Company Peers – Comparison of Accounting Ratios

The company does not have any listed peers which are comparable in terms of business.

Company Registered Office

Unit No. 202, 2nd Floor,
Marisoft 3, West Wing,
Marigold Software IT Park,
Vadgaon Sheri, Pune – 411 014,
Maharashtra, India;
Website: www.fidelsoftech.com

Company Promoters

  • Sunil Sudhakar Kulkarni
  • Prachi Sunil Kulkarni

Fidel Softech IPO – FAQS

What is the Fidel Softech IPO Price?

The Fidel Softech IPO price band is 37 per share

When Fidel IPO will open?

The Fidel IPO opens on May 30, 2022 and closes on Jun 02, 2022

What is the lot size of Fidel IPO?

The Fidel IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares

Who is the Registrar for Fidel IPO?

The Registrar for Fidel IPO is Bigshare Services Private Limited

How to apply for Fidel Softech IPO through UPI?

Check the step by step process here – Click here

How to apply for Fidel Softech IPO through Zerodha?

Check the step by step process here – Click here

Follow us on Telegram for all the latest updates

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here