Fidel Softech IPO Details: The Fidel Softech IPO is estimated to be worth Rs 13 crore. The IPO price band is fixed at Rs.37 with a market lot of 3000 shares. Between May 30, 2022 and June 02, 2022 the Fidel Softech IPO is still accessible for subscription. The IPO is expected to raise around Rs 13 crore, with a fixed price of Rs 37 per share. According to market experts, Fidel Softech shares have also debuted in the grey market. According to market experts, Fidel Softech shares are currently available in the grey market at a premium of Rs. 37.
Fidel Softech IPO Details
|IPO Opening Date||May 30, 2022|
|IPO Closing Date||June 02, 2022|
|Price Band||Rs. 37 per share|
|Lot Size||3000 Shares|
|Issue Size (Rs. Cr.)||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)
|Face Value||Rs. 10 per equity share|
|Issue Type||Fixed Price Issue IPO|
|Exchange Board||NSE SME|
|Retail Shares Offered||50% of the net offer|
|NII (HNI) Shares Offered||50% of the net offer|
|Basis of Allotment Date||Jun 7, 2022|
|Initiation of Refunds||Jun 8, 2022|
|Credit of Shares to Demat Account||Jun 9, 2022|
|Fidel Softech IPO Listing Date||Jun 10, 2022|
Fidel Softech IPO Date
The Fidel Softech IPO date was fixed. The IPO will start from 30th May and will close on 2nd June 2022.
Fidel Softech IPO Issue Size
The Fidel Softech IPO has the issue size of 3650000 Shares which costs to be Rs.10. this might aggregate upto Rs. 13.51 Cr.
Fidel Softech IPO Price Band
The Fidel Softech Limited IPO price band has been set at Rs. 37 per equity share by the technology firms.
Fidel Softech IPO Lot Size
The lot size for the Fidel Softech IPO is 3000 shares. Individual retail investors can apply for up to 1 lot (3000 shares or 111,000).
Fidel Softech IPO Allotment Date and Listing Date
The Fidel Softech IPO begins on May 30, 2022 and ends on June 02, 2022. The Fidel Softech IPO bid period runs from May 30, 2022, at 10:00 a.m., until June 02, 2022, at 5:00 p.m. The deadline for UPI Mandate confirmation is 12 p.m. on the day after the issue closes.
About Fidel Softech Limited IPO
Fidel Softech Limited is a LangTech Consulting firm that offers technology services that include local language user interfaces and user experiences. Fidel Softech Limited was founded in 2003 and is headquartered in Pune, Maharashtra.
Fidel Softech provides a wide range of services such as software development, infrastructure and cloud support, localization (including translation, interpretation, software localization, and multilingual data creation), and consulting and staffing services such as training, software development and cloud infrastructure support services, localisation services (including translation, interpretation, content creation, multilingual data creation, transcription, and annotation for training).
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 are among Fidel Softech Limited’s customers.
Promoters of Fidel Softech IPO
The promoters of Fidel Softech Limited are Sunil Sudhakar Kulkarni and Prachi Sunil Kulkarni are the company promoters.