Fidel Softech IPO
Fidel Softech (IPO) is a LangTech Consulting company that provides technological services with local language user interfaces and user experiences. Company was incorporated in 2003 and is located in Pune, Maharashtra.
Fidel 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 Strengths
- Offering 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.
Company Financials:
| Particulars | For the year/period ended (Rs in Lakhs) | ||
|---|---|---|---|
| 30-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 2,010.36 | 1,758.14 | 1,005.53 |
| Total Revenue | 2,686.78 | 2,620.61 | 2,280.41 |
| Profit After Tax | 456.50 | 345.01 | 314.75 |
Objects of the Issue:
The Company proposes to utilise the Net Proceeds towards funding the following objects:
1. Funding working capital requirements.
2. General corporate purposes.
Fidel Softech IPO Details
| Fidel Softech IPO Date | May 30, 2022 to Jun 2, 2022 |
| Fidel Softech IPO Face Value | ₹10 per share |
| Fidel Softech IPO Price | ₹37 per share |
| Fidel Softech IPO Lot Size | 3000 Shares |
| Issue Size | 3,650,000 shares of ₹10 (aggregating up to ₹13.51 Cr) |
| Fresh Issue | 3,650,000 shares of ₹10 (aggregating up to ₹13.51 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
| Company Promoters | Sunil Sudhakar Kulkarni and Prachi Sunil Kulkarni are the company promoters. |
IPO Timeline
IPO opens on May 30, 2022, and closes on Jun 2, 2022. The IPO bid date is from May 30, 2022 10.00 A.M. to Jun 2, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| Fidel Softech IPO Opening Date | May 30, 2022 |
| Fidel Softech IPO Closing Date | Jun 2, 2022 |
| Basis of Allotment | Jun 7, 2022 |
| Initiation of Refunds | Jun 8, 2022 |
| Credit of Shares to Demat | Jun 9, 2022 |
| Fidel Softech IPO Listing Date | Jun 10, 2022 |
IPO Lot Size
The IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹111,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹111,000 |
| Maximum | 1 | 3000 | ₹111,000 |
IPO Promoter Holding
| Pre Issue Share Holding | 98.98% |
| Post Issue Share Holding | 72.72% |
IPO Prospectus
Company Contact Information
Fidel Softech Limited
Unit No. 202, 2nd Floor, Marisoft 3,
West Wing, Marigold Software IT Park,
Vadgaon Sheri, Pune – 411 014
Phone: 020 – 4900 7878
Email: [email protected]
Website: https://fidelsoftech.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
IPO Reviews / Ratings
Fidel Softech IPO (review) is a LangTech Consulting company that provides technological services with local language user interfaces and user experiences. Company was incorporate in 2003 and is located in Pune, Maharashtra. Read Full IPO Review Here
IPO Lead Manager(s)
- SHRENI SHARES PRIVATE LIMITED
