Fidel Softech IPO vs Sonu Infratech IPO

Comparision between Fidel Softech IPO and Sonu Infratech IPO.

IPO Details

Fidel Softech IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Sonu Infratech IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Fidel Softech IPO	Sonu Infratech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Shreni Shares Limited	Swastika Investmart Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Fidel Softech IPO is up to ₹13.51 Cr whereas the issue size of the Sonu Infratech IPO is up to ₹8.64 Cr. The final issue price of Fidel Softech IPO is ₹37.00 per share and of Sonu Infratech IPO is ₹36.00 per share.

	Fidel Softech IPO	Sonu Infratech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹37.00 per share	₹36.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	3000 shares
Fresh Issue Size	36,50,000 shares	24,00,000 shares
Fresh Issue Size (Amount)	up to ₹13.51 Cr	up to ₹8.64 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	36,50,000 shares	24,00,000 shares
Issue Size Total (Amount)	up to ₹13.51 Cr	up to ₹8.64 Cr

IPO Timetable

Fidel Softech IPO opens on May 30, 2022, while Sonu Infratech IPO opens on Apr 29, 2022. The closing date of Fidel Softech IPO and Sonu Infratech IPO is Jun 02, 2022, and May 05, 2022, respectively.

	Fidel Softech IPO	Sonu Infratech IPO
Anchor Bid Date
Issue Open	May 30, 2022	Apr 29, 2022
Issue Close	Jun 02, 2022	May 05, 2022
Basis Of Allotment (Tentative)	Jun 07, 2022	May 10, 2022
Initiation of Refunds (Tentative)	Jun 08, 2022	May 11, 2022
Credit of Share (Tentative)	Jun 09, 2022	May 12, 2022
Listing date (Tentative)	Jun 10, 2022
Anchor Lockin End date 1	Jul 07, 2022	Jun 09, 2022
Anchor Lockin End date 2	Sep 05, 2022	Aug 08, 2022

Financials

Fidel Softech IPO P/E ratio is 11.15, as compared to Sonu Infratech IPO P/E ratio of 15.79.

Fidel Softech IPO

Sonu Infratech IPO

Financial

Fidel Softech Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	1005.5	2280.4	314.7	686.67	661.42
31-Mar-21	1758.1	2620.6	345	1031.68	1006.43
31-Mar-22	2010.3	2686.7	456.5	1488.01	477.93
Amount in ₹ Lakhs

Summary of financial Information (RESTATED)
Particulars	For the year/period ended (Rs in Lakhs)
	31-Oct-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	5,503.07	4,319.18	2,902.96	2,696.21
Total Revenue	3,239.50	4,076.69	4,114.07	3,412.77
Profit After Tax	104.27	139.80	66.01	64.47

Promoter Shareholding (Pre-Issue)

98.98%

94.28%

Promoter Shareholding (Post-Issue)

72.72%

65.45%

P/E Ratio

11.15

15.79

Market Cap

₹50.88 Cr.

₹28.26 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Fidel Softech IPO retail investors (RII) are offered 17,31,000 shares while in Sonu Infratech IPO retail investors are offered 17,31,000 shares. Qualified institutional buyers (QIB) are offered in Fidel Softech IPO and in Sonu Infratech IPO.

	Fidel Softech IPO	Sonu Infratech IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,86,000 shares	1,20,000 shares
QIB
NII	17,31,000 shares	11,40,000 shares
RII	17,31,000 shares	11,40,000 shares
Employee
Others
Total	34,62,000 shares	22,80,000 shares

Bids Received (Subscription)

Fidel Softech IPO subscribed 102.89x in total, whereas Sonu Infratech IPO subscribed 16.52x.

	Fidel Softech IPO	Sonu Infratech IPO
QIB (times)
NII (times)	138.34x	13.43x
Big NII (times)
Small NII (times)
RII (times)	67.44x	19.60x
Employee (times)
Other (times)
Total (times)	102.89x	16.52x

Compare with others

Fidel Softech IPO	Sonu Infratech IPO
Pearl Green Clubs and Resorts IPO	Scarnose International IPO
KCK Industries IPO	Silver Pearl Hospitality IPO
Goel Food Products IPO	Fidel Softech IPO
Scarnose International IPO	Globesecure Technologies IPO
Silver Pearl Hospitality IPO	Rachana Infrastructure IPO
Globesecure Technologies IPO	Nanavati Ventures IPO
Rachana Infrastructure IPO	Fone4 Communications IPO
Sonu Infratech IPO	Le Merite Exports IPO
Nanavati Ventures IPO	Shashwat Furnishing Solutions IPO
Fone4 Communications IPO	Global Longlife Hospital IPO

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