Fidel Softech IPO Review, Subscription, Allotment, GMP.

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About the Company:

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.

Company helps the customers to deliver their solutions /products /services to the end users in their local languages by leveraging technology, localization
solutions and Consulting.

Company offers Software development & Cloud infrastructure support services, localisation services; such as Translation, Interpretation, Content creation, Multi lingual 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.

Company offers bilingual software development capabilities & has engineers speaking in various languages working for Asian markets.

Company train the engineers in various languages & technology & works closely with Asian geography clients.

 

 

Company’s Customers:

Company’s customer base is spread across the globe with 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 United States of America.

Company’s sales through exports contributed 86.09%, 86.89% and 82.40% respectively from our revenue from operation for the year ended March 31, 2022, 2021 and 2020 respectively.

 

 

Given below is the list of services offered by the Company.

 

 

Management Team:

  1. Mr. Sunil Sudhakar Kulkarni (Designation: Chairman and Executive Director)
  2. Mrs. Prachi Sunil Kulkarni (Designation: Managing Director)

 

 

 

 

Objectives of the Issue:

Fresh Issue: (Rs.13.49 cr)

  • Funding working capital requirements.
  • General corporate purposes.

 

 

 

Peer Group Comparison:

We believe that there are no listed Companies in India which are focused exclusively on the segment in which Fidel Softech Ltd operates.

 

 

Financials of the Company:

(in Crores)FY 20FY 21FY 22
Revenue22.8026.2026.86
Net Profit3.143.454.56

 

 

 

IPO Details:

DetailsInfo
Issue Opens on30th May 2022
Issue Closes on:.2nd June 2022
Issue PriceRs.37
Face ValueRs.10
Minimum Lot3000
Minimum InvestmentRs.1,11,000
Issue Constitutes26.52%
Issue SizeRs.13.49 cr
Market CapRs.50.87 cr
Listing atNSE SME
Equity Shares Offered (Fresh)36,48,000
Equity Shares Prior to the Issue1,01,02,560
Equity Shares after the issue1,37,50,560

Also Read : List of Upcoming IPO’s in India.
Also Read : List of Upcoming SME IPO’s in India.

 

 

Important Dates:

Finalization of Basis of Allotmenton or Before 7th June 2022
Initiation of Refundson or Before 8th June 2022
Credit of Equity Shares:on or Before 9th June 2022
Listing Date:on or Before 10th June 2022

 

 

IPO Valuation Parameters:

Earnings Per Share (EPS)Price To Earnings ratio (PE)Return on Net Worth (RoNW)Net Asset Value (NAV)
4.528.1930.68%14.73

 

 

Company Contact Info:
Fidel Softech Ltd
Unit No. 202, 2nd Floor, Marisoft 3,
West Wing, Marigold Software
IT Park, Vadgaon Sheri,
Pune – 411 014, Maharashtra, India.
Tel No: 020 – 49007878
Email: investor-relations@fidelsoftech.com
Website: www.fidelsoftech.com

 

 

IPO Registrar Info:
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opposite Vasant Oasis, Makwana Road,
Marol, Andheri (East),
Mumbai – 400 059, Maharashtra, India.
Tel No: 022 – 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

 

Lead Manager to the Issue:
SHRENI SHARES PRIVATE LIMITED
Office No. 102, 1st Floor, Sea Lord CHS,
Plot No. 1/B, 1/A, Survey No. A-12,
Ram Nagar, Borivali (West),
Mumbai- 400 092, Maharashtra, India.
Telephone: +91-22-2808 8456
E-mail: shrenishares@gmail.com
Website: www.shreni.in

 

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