Fidel Softech Limited IPO (Fidel Softech IPO) Detail

May 30, 2022 - Jun 2, 2022

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.

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.

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.

Fidel Softech IPO Details

IPO Date May 30, 2022 to Jun 2, 2022
Listing Date Jun 10, 2022
Face Value ₹10 per share
Price ₹37 per share
Lot Size 3000 Shares
Total Issue Size3,650,000 shares
(aggregating up to ₹13.51 Cr)
Fresh Issue3,650,000 shares
(aggregating up to ₹13.51 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Fidel Softech IPO Reservation

Other Shares Offered1,731,000 (50.00%)
Retail Shares Offered1,731,000 (50.00%)
Market Maker portion186,000 shares
Total Shares Offered3,462,000

Fidel Softech IPO Tentative Timetable

Fidel Softech IPO opens on May 30, 2022, and closes on Jun 2, 2022.

Event Tentative Date
Opening Date May 30, 2022
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
Listing Date Jun 10, 2022
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day

Fidel Softech IPO Lot Size

The Fidel Softech IPO lot size is 3000 shares.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹111,000
Retail (Max) 1 3000 ₹111,000
HNI (Min) 2 6,000 ₹222,000
Lot Size Calculator

Fidel Softech IPO Promoter Holding

Sunil Sudhakar Kulkarni and Prachi Sunil Kulkarni are the company promoters.

Pre Issue Share Holding 98.98%
Post Issue Share Holding 72.72%

Company Financials

Fidel Softech Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
Amount in ₹ Lakhs

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 Review (May apply)

[Dilip Davda]  The company is operating in a highly competitive and fragmented segment. Based on its financial track records, the issue appears fully priced. Cash surplus/risk seekers may consider an investment with a long term perspective. Read detail review...

Fidel Softech IPO Subscription Status (Bidding Detail)

The Fidel Softech IPO is subscribed 102.89 times on Jun 2, 2022 5:00:00 PM. The public issue subscribed 67.44 times in the retail category, times in the QIB category, and 138.34 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Fidel Softech IPO Prospectus

Fidel Softech IPO Rating

Rating:Rated 4.2 stars
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Fidel Softech IPO Listing Details

Listing Date Jun 10, 2022
BSE Script Code
Final Issue Price ₹37 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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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: investor-relations@fidelsoftech.com
Website: https://fidelsoftech.com/

Fidel Softech IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Fidel Softech IPO Analysis

Fidel Softech IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 11 3 0

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SME IPO Enquiry

Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form

Fidel Softech IPO FAQs

Fidel Softech IPO is a SME IPO of 3,650,000 equity shares of the face value of ₹10 aggregating up to ₹13.51 Crores. The issue is priced at ₹37 per share. The minimum order quantity is 3000 Shares.

The IPO opens on May 30, 2022, and closes on Jun 2, 2022.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Fidel Softech IPO using UPI as a payment gateway. Zerodha customers can apply in Fidel Softech IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Fidel Softech IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Fidel Softech IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Fidel Softech IPO opens on May 30, 2022 and closes on Jun 2, 2022.

Fidel Softech IPO lot size is 3000 Shares and the minimum order quantity is .

You can apply in Fidel Softech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Fidel Softech IPO will be done on Jun 7, 2022, and the allotted shares will be credited to your demat account by Jun 9, 2022. Check the Fidel Softech IPO allotment status.

The Fidel Softech IPO listing date is on Jun 10, 2022.
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Fidel Softech IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members



364. SONMAYA |   Link |Jul 27, 2022 10:00:22 AM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
363. Pigeon |   Link |Jun 30, 2022 3:01:01 PM
Any reason for UC of Le Merite?
362. Suman Mishra |   Link |Jun 20, 2022 9:43:29 AM
When will the dip rally end for fidel.. experts?? Suggestions are highly welcomed.. :-) @noorul @mravi @lokesh
362.5. lokes |   Link |Jun 24, 2022 1:06:10 PM
IPO Guru IPO Guru (3800+ Posts, 4300+ Likes)
@dharmendra: i have booked loss in precision and sold at 32.5 after results when it didn't performed after results too....results were good but still it has not performed well after that, no idea why....not sure how it will go in future and how long it will take to perform, so you can decide as per your risk/holding capacity.

@suman: better hold fidel now with some stoploss around 52-54 levels....and keep holding for above 70 targets.....
362.6. NaveenK |   Link |Jun 24, 2022 5:46:13 PM
@Lokes @Noorul @Ravi sir

Please share your input on PE( bought earlier at 160) KN agri ( bought earlier at 139 )
Is it better to add one more lot or should sell one which i am currently holding ?

Also is it right time to enter Krishna defence( at around 60) and Nupur ( i heard from next month lot size changes to 550) ?
361. ShiningShiva |   Link |Jun 17, 2022 10:00:46 AM
Sultan of dip still coming.
360. Dinesh Singh |   Link |Jun 17, 2022 9:48:49 AM
IPO Guru IPO Guru (1200 Posts, 500+ Likes)
This stock testing the patience each day.
Not sure where it is heading.
Any comments are welcome.
360.1. ShiningShiva |   Link |Jun 17, 2022 9:59:56 AM
Dear Dinesh,
we respect your presence here. My comments is on 345. It still stands tall. (Still have no skin in this game).
There is expected raise of interest rate by feds atleast 2 times in 6-9 months time frame or may be early. Valuation of market bound to change.
359. Dinesh Singh |   Link |Jun 13, 2022 12:07:14 PM
IPO Guru IPO Guru (1200 Posts, 500+ Likes)
Unexpected LC before T+2days.
Now no more worry for those who bought it on listing day.
Shares may give stong move from tomorrow.
359.1. Small Investor |   Link |Jun 15, 2022 10:43:03 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Its SME Bro

all power in hand of Operators if any one get few gain better out from this SME Platform and shift to Secondary Market
359.2. Dinesh Singh |   Link |Jun 15, 2022 11:14:56 AM
IPO Guru IPO Guru (1200 Posts, 500+ Likes)
Good idea
358. Ravu |   Link |Jun 14, 2022 8:39:49 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Bulk deal

14-Jun-22      FIDEL      Fidel Softech Limited      VINEY PARKASH AGARWAL      BUY      123000      57.77

358.2. rsk |   Link |Jun 14, 2022 10:15:21 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Anant Agarwal's Dad
358.3. Dinesh Singh |   Link |Jun 14, 2022 10:50:25 PM
IPO Guru IPO Guru (1200 Posts, 500+ Likes)
Thanks rsk...
Good catch..
357. Bharat vaishnavi |   Link |Jun 14, 2022 8:45:40 AM
As per their HR Head, company has a vision to grow 5x by 2025.
357.2. Wishal |   Link |Jun 14, 2022 11:58:44 AM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
Sumanji its all depend on your risk profile.
357.3. Suman Mishra |   Link |Jun 14, 2022 2:11:16 PM
@wishal ji, we understand that investment is anytime based on risk profile..my query was company specific.
356. rsk |   Link |Jun 13, 2022 9:39:32 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
13-Jun-22      FIDEL      Fidel Softech Limited      VICCO PRODUCTS BOMBAY PVT LTD      BUY      183000      58.95      -
356.1. snipperRaj |   Link |Jun 14, 2022 8:11:45 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Any bulk sell also? Yesterday lot of sell orders executed in pre open and during first hr.

355. satishreddytips |   Link |Jun 13, 2022 10:18:47 AM
bought 2 lots @ 60, looks like it gonna hit UCby afternoon
355.1. Suman Mishra |   Link |Jun 13, 2022 10:30:28 AM
Brought 1 Lot at 63. Experts advise is now required.
355.2. Suman Mishra |   Link |Jun 13, 2022 10:35:43 AM
354. OneSevenSevenOne |   Link |Jun 13, 2022 9:12:05 AM
Lower Circuit in pre-open. God save this share.
354.1. Kami |   Link |Jun 13, 2022 10:03:07 AM (200+ Posts)
353. Itscrazy |   Link |Jun 10, 2022 11:40:57 AM
Not able to sell in "Angle One" due to error : order quantity exceeds total portfolio quantity,
Please advise if anyone has solution to above error or anyone sold in angle one successfully.
353.10. Avenue |   Link |Jun 11, 2022 12:11:41 PM
@Itscrazy.. your allotted shares might not have been credited to your DMAT account at the time of listing and even after. Thankfully for you as stock hit UC they could sell those shares once problem was corrected. Things might have been different and difficult for you if share had hit LC after listing..
Since you have screenshots, I suggest you follow up with angle to know exactly what caused this issue for future sake...
353.11. Itscrazy |   Link |Jun 13, 2022 2:16:56 AM
@Avenue.. sure I will follow with angle.
352. Noorul |   Link |Jun 10, 2022 9:47:04 AM
Anyone bought it in preopen ??
I didn't.
352.68. Dinesh Singh |   Link |Jun 21, 2022 9:55:45 PM
IPO Guru IPO Guru (1200 Posts, 500+ Likes)
I mean Pune..
352.69. lokes |   Link |Jun 23, 2022 11:24:56 AM
IPO Guru IPO Guru (3800+ Posts, 4300+ Likes)
@GJ @dinesh : finally fidel turn around from yesterday and hope it can cross 60 again in future and sustains....so as i said in this thread and my other thread multiple times, 50-52 levels for new entry were good....
@MRavi @noorul: ya i saw that message but want to share my number only once plan confirms and i am coming....
351. GJ πŸ˜€ |   Link |Jun 10, 2022 7:56:26 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Some days I doubt about @lokes being a bot or what?
How he can remember everything and share links from old posts.
How he remembers lots allotted to everyone, especially @MRavi. I doubt, someday @MRavi will ask @lokes to tell/verify his holdings and sold stocks too.

1. Either you are a bot
2. Or you wrote (or got it developed from someone) some software for sorting/searching/storing everything and whenever someone asks something, you have everything available at your fingertips
3. Or you hacked (or somehow got access) to Chittorgarh's database and know how to search efficiently
4. Or you maintain a personal dictionary for ready to use. You just enter a keyword and results are generated
5. Or you are super-human.

This is on a lighter note.
I am actually praising your memory and appreciate your help to all, especially newcomers to this forum.

Keep it up man.
351.6. MRavichandran |   Link |Jun 12, 2022 6:13:21 PM
IPO Guru IPO Guru (1800+ Posts, 2400+ Likes)
Appreciated your post, indeed @lokes is a super human with the memory of an elephant

351.7. Avenue |   Link |Jun 12, 2022 9:02:29 PM
@GJ @Mravi @Noorul.. Lokes really has a Super Memory. I read his comment about me getting 2 good allotment which I initially thought was incorrect. I checked my manual notes later and found yes I got both allotments but sold timescan on listing Or soon after listing..
Thanks @Lokes. Keep helping all forum members like you are doing... I really hope your good work pays back...
350. High Flyer |   Link |Jun 11, 2022 7:05:25 PM
I thrilled to see 14 applications received for the entire 1 time of the issue for 36,00,000 shares ...v v rarely will happen in SME
350.2. rsk |   Link |Jun 11, 2022 10:54:07 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
14 applications have received 24000 each for a total of 3,36,000
350.3. sbbaga |   Link |Jun 12, 2022 11:17:05 AM
14 application is of anant agrawal family
349. NAND KISHORE PARWAL |   Link |Jun 11, 2022 10:32:41 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Deals by some big individuals

349.1. Dinesh Singh |   Link |Jun 11, 2022 11:24:25 PM
IPO Guru IPO Guru (1200 Posts, 500+ Likes)
Around 18 lacs shares traded on Friday.
The bulk deal is just 3.90 lacs of shares.
Then who have bought the remaining shares.
Any one have idea on this
I don't this Retail have bought so many shares.
Please comment.
348. ShiningShiva |   Link |Jun 11, 2022 6:08:46 PM
It seems, Fidel has considerable Japan exposure. Yen has lost value considerably in recent time in multiple years, Japanese economy also facing inflation and economic sluggishness. Situation is not good in other countries also for any IT firms. Competitive is fierce as this type of firms (langtech) are numerous in other countries.
Don't know, how much effect it will have on Fidel on long term basis. However in short, operators gave good profits to allottees.
IT/ ITES are also in pressure currently and currently and next year would not be good as per forcasts.
All the best to people, who are going long in this script.
(My view only, take your decision as per your financial condition/ as per advisor) ( I am/was not holding any lot).
Comments are welcome.
348.1. Dinesh Singh |   Link |Jun 11, 2022 9:29:00 PM
IPO Guru IPO Guru (1200 Posts, 500+ Likes)
Operators will also give good profit to allotees in long term. See the movement in Glovesecure.
This company is better than Glovesecure.
Those who brought in pre open don't get influence by any comments.
Keep holding this stock subject to your risk capacity.
Many are waiting to enter in this.
The UC will be continued for minimum 5 days.
347. Monster Zero |   Link |Jun 11, 2022 6:22:42 PM
IPO Guru IPO Guru (2700+ Posts, 2300+ Likes)
Basis of allotment.
Retail 51.08 times
HNI 133.79....
I guess UPI Mandate failure didn't make any impact....
346. Itscrazy |   Link |Jun 11, 2022 9:01:33 AM
@Arvind , yes order executed
345. Ravu |   Link |Jun 10, 2022 11:24:59 AM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Anyone using Kotak minor account and got IPO allotment on Minor's PAN .
When I checked the bank, they mentioned that for ASBA application, it will be Guardian's PAN number .
345.4. Pigeon |   Link |Jun 11, 2022 12:01:56 AM
@Lokesh Sir. Few questions related to demat account
1) Have you got any allotments so far for minor demat account?
2) What are all the proofs needed for applying minor PAN and minor demat account?
345.5. lokes |   Link |Jun 11, 2022 12:41:41 AM
IPO Guru IPO Guru (3800+ Posts, 4300+ Likes)
@pigeon: both your questions are already answered in link which i gave in my above post here so you can go through that....or read my comment no. 13 and comment no. 29 in that post....open this link....